DUBAI / WAM The Roads and Transport Authority (RTA) announced that the AED2 billion improvement project to widen the Dubai-Al Ain Road reached a completion rate of 60 percent. The project is aligned with HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai’s vision for the emirate for the next ...
Read More »News
International Defence Conference kicks off in Abu Dhabi
Abu Dhabi / WAM Under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the International Defence Conference 2021 kicked off on Saturday in Abu Dhabi. For the first time, the International Defence Conference 2021 is being held as a hybrid event. The conference brings together more than 24 experts and specialists in the defence sector, physically ...
Read More »97 countries participate at Idex, Navdex 2021: Ishaq Al Balushi
ABU DHABI / WAM Major General Staff Pilot Ishaq Saleh Al Balushi, Head of the Executive Directorate of Industries and Development of Defence Capabilities at the Ministry of Defence and Vice Chairman of the Higher Organising Committee for Idex and Navdex, has said that the participation of 900 companies from 59 countries in the current edition of the joint event, ...
Read More »Etihad, Gulf Air sign pact to deepen partnership
ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, and Gulf Air, the national carrier of the Kingdom of Bahrain, have signed a Strategic Commercial Cooperation Agreement (SCCA) to deepen their partnership between Abu Dhabi and Bahrain and beyond the respective hubs. The wide-ranging SCCA, subject to obtaining applicable governmental and regulatory approvals, was signed ...
Read More »Saab reveals first UAE-made product at this year’s Idex
ABU DHABI / WAM Saab, a defence and security company in the UAE, is revealing its first UAE developed product at Idex 2021. The company’s inaugural UAE developed product is a Rugged Camera Module — Infrared, (RCAM-IR) which features an extremely rugged design for harsh and demanding environments. This is the first of many such products to be developed in ...
Read More »Arada to build AED367m student housing complex
SHARJAH / WAM Sharjah developer Arada has announced the award of a contract to build “Nestâ€, an integrated student housing complex based at its Sharjah megaproject Aljada. The AED367 million contract was won by Intermass Engineering and Contracting Company, a Sharjah-based contractor with more than 40 years’ experience in the regional construction industry, which has also worked on previous phases ...
Read More »Oil holds near $60 as cold snap halts a third of US crude output
Bloomberg Oil held gains after surpassing $60 a barrel for the first time in a year as a cold snap and power crisis took out a third of US crude production. Some 3.5 million barrels a day of American output has been halted, according to traders and industry executives, as a cold blast freezes well operations and cuts power across ...
Read More »Air Arabia resumes flights to Luxor, Egypt
SHARJAH / WAM Air Arabia has announced the resumption of direct flights between Sharjah and Luxor, starting from February 23. Customers can now book their direct flights between Sharjah and Luxor by visiting Air Arabia’s website, by calling the call centre or through travel agencies. Ensuring the highest standards of safety at every step of the journey by following all ...
Read More »Idex, Navdex 2021 to host 900 companies from 97 countries
Abu Dhabi / WAM Major General Staff Pilot Ishaq Saleh Al Balushi, Head of the Executive Directorate of Industries and Development of Defence Capabilities at the Ministry of Defence and Vice Chairman of the Higher Organising Committee for Idex and Navdex, has said that the participation of 900 companies from 59 countries in the current edition of the joint event, ...
Read More »Dutch company Adyen selects DIFC for its regional headquarters
Dubai / WAM Dubai International Financial Centre (DIFC) welcomed global payment technology provider Adyen, a company that has a market capitalisation of €66.4 billion and processed over €303.6 billion worth of transactions in 2020. Dutch firm Adyen announced their expansion into the Middle East in November 2020. The company selected the DIFC as the location for its regional headquarters, due ...
Read More »