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DCT Abu Dhabi to launch three new cultural heritage initiatives

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced it will launch a new series of cultural initiatives, including the Abu Dhabi Register of Artisans, the Abu Dhabi Crafts platform, and the recently reopened House of Artisans at Al Hosn, to help safeguard and disseminate the intangible cultural heritage of the ...

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UAE ranks first in the world for mobile network speed

Abu Dhabi / WAM The UAE leads a global mobile index as the country with the fastest mobile network speed in the first quarter of 2021, according to the latest data from Ookla, a global leader in fixed broadband and mobile network testing applications, data and analysis. This significant achievement adds one more feather to the UAE’s cap, and comes ...

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Iraq sees steady oil prices, mulls buying Exxon stake

Bloomberg Iraq, Opec’s second-biggest oil producer, said crude prices would probably remain around $65 a barrel in the coming months and announced it’s considering buying Exxon Mobil Corp.’s stake in one of the world’s biggest fields. The Organisation of Petroleum Exporting Countries and its allies — a 23-nation grouping known as Opec+ — will continue trying to keep crude prices ...

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Adnic posts net profit of AED133.6 million in Q1

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) reported a net profit of AED133.6 million in Q1 of 2021, a 9% increase compared to the same quarter last year. In a statement on Monday, Adnic said the company delivered solid performance and growth across key financial metrics. “Adnic’s performance was driven by the company’s clear strategy, underwriting discipline, ...

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Global Village breaks 25th Guinness World Record title

Dubai / WAM Global Village, the UAE and wider region’s leading multicultural family destination for culture, shopping, and entertainment, concluded its Silver Jubilee Season in spectacular fashion last night, etching its name in the history books to the delight of all in attendance. Having set out in October with the aim of breaking 25 Guinness World Records to honour the ...

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ADIB net profit up 125% to AED608 million in Q1

ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) said its net profit for Q1 of 2021 surged by 125 percent to AED608 million compared to AED 270 million in Q1 of 2020, and up 26 percent against Q4 of 2020. The growth in net profits reflects the strong underlying performance across the business, the bank said in a statement. ...

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Dubai Chamber, TikTok join forces to help businesses

Dubai / WAM Dubai Chamber of Commerce and Industry announced that it has signed a memorandum of understanding (MoU) with TikTok to create and launch the Dubai Chamber – TikTok Academy, a four-week educational programme that will help 1,000 startups and SMEs validate and grow their businesses using the content creation platform. Under the terms of the two-year agreement, participants ...

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UAE reports 1,769 new recoveries from Covid-19

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 156,940 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

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Yas Island to have 3-day fireworks extravaganza

ABU DHABI / WAM Yas Island, Abu Dhabi’s premier leisure and entertainment hub, in partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), will mark the occasion of Eid al-Fitr with a series of spectacular fireworks displays. Taking place over three nights from the first day of Eid, Yas Island will livestream the vibrant fireworks, ...

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Fujairah’s population up to 292,358 in 2020

FUJAIRAH / WAM The population of the Emirate of Fujairah stood at 292,358 last year, according to estimates by the Fujairah Statistics Centre. According to the centre’s statistical yearbook for 2020, the number of births reached 3279, marriages 859, divorces 159, and 309 died. The statistics indicated that the total of number of public and private schools stood at 68 ...

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