News

ABU DHABI / WAM Abu Dhabi Ports has inked a 50-year land lease agreement with Anchorage Investment, for the development of grain storage and processing plants at Khalifa Port, to be managed by National Feed, one of the largest Agro commodity processors in Abu Dhabi. Set to be developed on a 100,000-sqm plot, and with an initial design capacity of ...

Abu Dhabi / WAM Adnoc Distribution has delivered on its promises to customers in 2020 by increasing its service station network and modernising its Adnoc Oasis convenience stores, offering customers greater convenience, together with a fresh, modern environment to make more out of every visit to an Adnoc Service Station. A total of 64 new stations opened across the UAE ...

ABU DHABI / WAM The UAE has strongly condemned the Iranian-backed terrorist Houthi militia’s attempts to target civilian areas in Riyadh, Saudi Arabia, with a missile intercepted by Saudi air defences. In a statement by the Ministry of Foreign Affairs and International Cooperation on Monday, the UAE renewed its full solidarity with the Kingdom over these subversive terrorist attacks and ...

DUBAI / WAM The Dubai Gold & Commodities Exchange (DGCX) on Monday announced that it has launched a 12.5kg physically delivered Daily Gold Futures Contract, available for trading from Monday. As the first-of-its-kind in the region, the contract builds on DGCX’s growing suite of precious metal products. The Daily Gold Futures Contract was introduced in response to increased market demand ...

Bloomberg Oil in New York inched higher with investors assessing the impact of supply curbs from Iraq and Libya on the near-term outlook. Iraq pledged to cut output in January and February after pumping more than its Opec+ quota last year, and Libyan guards halted some crude exports after a pay dispute. Crude was also buoyed by a renewed climb ...

DUBAI / WAM flydubai on Monday announced that Catania and Naples in Italy, Salzburg in Austria and Malta will be joining its European network from May 2021. The carrier has grown its network to more than 65 destinations as countries continue to gradually lift travel restrictions. With the addition of Catania, Malta, Naples and Salzburg the carrier will operate flights ...

DUBAI / WAM Dubai Future Foundation’s (DFF) Dubai Future Accelerators (DFA), a flagship programme to position Dubai as a hub for innovation, emerging technologies and an attractive destination for startups and entrepreneurs, successfully hosted an Investor Day in collaboration with the Knowledge and Human Development Authority (KHDA), the regulatory authority responsible for the growth and quality of private education in ...

Dubai / WAM The Dubai Gold & Commodities Exchange (DGCX) on Monday announced that it has launched a 12.5kg physically delivered Daily Gold Futures Contract, available for trading. As the first-of-its-kind in the region, the contract builds on DGCX’s growing suite of precious metal products. The Daily Gold Futures Contract was introduced in response to increased market demand and will ...

Dubai / WAM flydubai on Monday announced that Catania and Naples in Italy, Salzburg in Austria and Malta will be joining its European network from May 2021. The carrier has grown its network to more than 65 destinations as countries continue to gradually lift travel restrictions. With the addition of Catania, Malta, Naples and Salzburg the carrier will operate flights ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 140,477 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 3,591 new coronavirus cases, bringing the total number of recorded cases in the UAE to 281,546. The ministry also noted that an ...