Tel Aviv / WAM Wizz Air Abu Dhabi, the newest national airline of the United Arab Emirates, has landed for the first time in Israel and launched the route between Tel Aviv and Abu Dhabi. The new route operates three times per week in April. Starting from May, Wizz Air Abu Dhabi will operate flights between the two destinations on ...
Read More »News
Abu Dhabi to boost economic ties with Armenia
Abu Dhabi / WAM Mohamed Helal Al Mhairi, Director-General of Abu Dhabi Chamber of Commerce and Industry, received Mher Mkrtumyan, Ambassador Extraordinary and Plenipotentiary of Armenia to the UAE, at the chamber’s tower in Abu Dhabi and discussed with him the means of increasing economic cooperation between the two countries. During the meeting, Al Mheiri praised the outstanding relationship between ...
Read More »Julphar reports net sales of AED581.2mn in 2020
Ras Al Khaimah / Emirates Business The shareholders of Gulf Pharmaceutical Industries (Julphar), one of the largest pharmaceutical manufacturers in the Middle East and Africa, approved the board report of the company’s activities and financial position for the financial year ending December 31, 2020 at the company’s annual general meeting. Over the last financial year, Julphar recorded net sales of ...
Read More »UAE reports 1,760 new recoveries from Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 141,862 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Monday, 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 ...
Read More »UAE, Pakistan discuss ways to further develop cooperation
Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, on Monday received, in his palace, Makhdoom Shah Mahmood Qureshi, Foreign Minister of Pakistan, who is currently visiting the UAE. During the meeting, Sheikh Nahyan welcomed Qureshi and his delegation, and both sides discussed ways to further develop cooperation between the UAE and Pakistan, to ...
Read More »Dubai’s external foodstuff trade amounts to AED52bn in 2020
Dubai / WAM The UAE showed an outstanding performance in securing food during the Covid-19 pandemic with Dubai external foodstuff trade reaching AED52 billion in 2020, according to Dubai Customs. “Food security is gaining more importance under the current circumstances, and the challenges posed by the pandemic which swept across the world,” said Nassim Al Mehairi, Manager of Statistics Section ...
Read More »Dubai shuts 53 food outlets for violating Covid-19 rules
DUBAI / WAM Dubai Municipality closed down 53 food establishments during the first quarter of this year for violating Covid-19 protocols. Inspection campaigns are on during Ramadan to ensure that food establishments meet the requirements for transporting, storing, preparing and displaying food products and materials. Sultan Al Taher, Head of Food Inspection Section in the municipality said that the officials ...
Read More »Smart Dubai launches new ‘Zakat’ service on DubaiNow App
Dubai / WAM Smart Dubai announced it collaborated with the UAE Zakat Fund to launch a new and secure Zakat payment service on the government service application DubaiNow in time for the Holy Month of Ramadan. The new service allows users to calculate their Zakat amount per Islamic Sharia law, and then pay the full amount or part of it. ...
Read More »China must take ‘decisive’ steps to boost domestic demand: US
Bloomberg The US said China continues to focus its policies on exports, and called on its biggest economic rival to implement forceful measures to boost domestic demand. “China’s recovery has been highly imbalanced†since the hit from the coronavirus pandemic, the US Treasury Department said in its semiannual foreign-exchange report. “Stringent containment measures enabled China to quickly resume manufacturing while ...
Read More »India’s Razorpay triples valuation to $3 billion
Bloomberg Razorpay, an Indian startup that facilitates digital payments, is raising $160 million from Sequoia India, Singapore’s sovereign fund GIC Pte and others, tripling its valuation to $3 billion in six months. The Bangalore-headquartered company, which helps businesses to automate their payment systems, will use the funds to expand into banking and lending, make acquisitions and add services in Southeast ...
Read More »