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Sugar to get more expensive as India to miss export target

Bloomberg India is set to miss its goal for sugar exports this year because of a late start to shipments and logistical challenges, potentially providing further fuel to the sweetener’s blistering rally. The world’s second-biggest producer, grappling with massive stockpiles, will ship almost 20% less than the government’s target and a forecast from a top industry group, according to the ...

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Mohammed orders airlift of humanitarian aid to Sudan

DUBAI / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has ordered aid flights to transport urgent humanitarian aid and medical supplies from the World Health Organisation’s (WHO) Logistics Hub in Dubai to Sudan. Under Sheikh Mohammed’s directives, the International Humanitarian City (IHC) chartered two aircraft to ...

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Adnoc L&S fully acquires Speedy Hire’s UAE assets

ABU DHABI / WAM Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), on Monday announced the acquisition of all of the UAE-based assets of Speedy Hire, the UK’s provider of tools and equipment hire for the oil & gas, construction, and industrial sectors. Under the terms of the acquisition, ...

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Seha, MBZUAI ink pact for clinical research

ABU DHABI / WAM Abu Dhabi Health Services Company (Seha) has announced the signing of a Memorandum of Understanding with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) to integrate the use of AI into the provision of medical care, enhancing clinical expertise and elevating the patient experience. The MoU was signed by Seha’s Group Chief Executive Officer, Dr ...

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Mohammed receives Sultan of Oman’s letter

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has received a letter from His Majesty Sultan Haitham bin Tariq Al Said of Oman, about the brotherly relations between the two countries and peoples. The Sultan of Oman congratulated Sheikh Mohammed on the successful journey of the Hope Probe to ...

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Oil powers ahead as key Opec+ meeting looms, markets rally

Bloomberg Oil rebounded from its biggest slump since November ahead of a key Opec+ meeting that may see some supply returned to a fast-tightening market. Futures in New York rose above $62 a barrel. The alliance gathers on Thursday and is expected to loosen the taps after prices got off to their best ever start to a year. But it’s ...

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Dubai Chamber sees surge in members’ exports in Jan

DUBAI / WAM Dubai Chamber of Commerce and Industry has revealed that members’ exports to Central Africa and Western Africa recorded a surge of 85% and 57%, respectively, in January 2021, compared to the same month in the previous year. The total value of member companies’ exports targeting the African continent reached AED2.9 billion during the same month, marking a ...

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Emirates to fly daily to Khartoum

DUBAI / WAM Emirates airline will boost its frequencies to Sudan with the introduction of daily flights to/from Khartoum starting on March 09. The introduction of additional frequencies will provide more options and added convenience for those wishing to travel to Dubai and beyond to Emirates’ network of over 90 destinations. Emirates continues to take measured steps to safely and ...

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UAE’s leadership prioritises reading, says Zaki Nusseibeh

ABU DHABI / WAM Zaki Anwar Nusseibeh, Cultural Advisor to the UAE President and Chancellor of the United Arab Emirates University (UAEU), said that the UAE’s leadership prioritises the efforts to promote knowledge and reading among members of the community, to make reading part of everyone’s lives and help create a cultured and knowledgeable community. In his statement to the ...

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Seha, MBZUAI ink deal to enhance clinical research

Abu Dhabi / WAM Abu Dhabi Health Services Company (Seha) announced the signing of a Memorandum of Understanding (MoU) with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) to integrate the use of AI into the provision of medical care, enhancing clinical expertise and elevating the patient experience. The MoU was signed by Seha’s Group Chief Executive Officer, Dr ...

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