News

Abu Dhabi / WAM Emirates Steel’s headquarter and warehouse in Musaffah Industrial Area in Abu Dhabi has received the Platinum Rating for green buildings from Leadership in Energy and Environmental Design (LEED v4) awarded by the US Green Building Council, achieving 80 and 82 points respectively. “Emirates Steel is committed to the highest standards of sustainability and efficiency in all ...

Dubai / Emirates Business Malabar Investments, the international investment arm of Malabar Gold & Diamonds, one of the largest global jewellery retailer, announced that it has redomiciled the company with the Dubai International Financial Centre (DIFC) and the registration of its shares of international operations with Nasdaq Dubai’s Central Securities Depository (CSD) in a significant step that strengthens Malabar’s links ...

ABU DHABI / WAM Louvre Abu Dhabi’s Children’s Museum will reopen to the public on June 18 with a fantastic new exhibition that will take children on an interactive adventure of art and activities that will help them identify and explore their emotions. Combining entertainment and education for children aged four to 10, Emotions!: The New Art Adventure will feature ...

Abu Dhabi / WAM Masdar City, the sustainable urban development in the UAE, is set to play a key role in the global green recovery from Covid-19 as it continues to add sustainability-focused innovation and technology companies. The number of companies in the city’s free zone increased 26 percent in 2020, indicating the important role of the city and its ...

NEW YORK / WAM At the UN General Assembly’s High-level dialogue on desertification, land degradation and drought, the UAE has underlined that protecting the environment must be a priority for the international community. “We only have one home, one shelter – Earth,” said Dr Abdullah Al Nuaimi, Minister of Climate Change and Environment, through a video message. “Therefore, we all ...

Abu Dhabi / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee has approved a pilot test of new scanners to identify potential Covid-19 cases at select locations in the emirate as part of efforts to further enhance the protection of public health and safety by using the most advanced technology. The state-of-the-art scanners add to existing precautionary measures, with ...

Dubai / WAM flydubai, the Dubai-based airline, has partnered with Alhosn, becoming the first airline to collaborate with the official UAE app for contact tracing and health testing related to Covid-19, to provide passengers with digital verification of Covid-19 medical records while travelling from the UAE. All flydubai passengers can now use the Alhosn app at check-in without having to ...

Bloomberg Billionaire Mukesh Ambani’s plan to conquer the Indian market with a locally assembled Google-powered smartphone is facing headwinds, with supply-chain disruptions and rising component prices suppressing production volumes, people familiar with the matter said. Ambani’s Reliance Industries Ltd originally envisioned sales in the hundreds of millions in the first years for the inexpensive device but now targets a small ...

Bloomberg Mark Zuckerberg’s approval among some Facebook Inc employees has slipped, dislodging him from Glassdoor’s ranking of the Top 100 CEOs, a list he’s been on annually since 2013. Zuckerberg put on his game face to convince a skeptical Congress that his company’s ambitious plans for a cryptocurrency will benefit millions of poor and underbanked people around the world, and ...

Bloomberg KKR & Co is considering a sale of Marelli Corp’s suspension systems business as the private equity firm shifts the focus of the car parts company towards more profitable products, according to people familiar with the matter. The buyout firm is working with an adviser on the potential disposal, which has drawn preliminary interest from private equity and strategic ...