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Expo 2020 Dubai gets ‘Sword of Honour’

Dubai / WAM Expo 2020 Dubai has been awarded the British Safety Council’s Sword of Honour, in recognition of organisation’s dedication to ensuring the health, safety and well-being of its workforce. Expo 2020 is one of 66 organisations from across the globe to achieve the prestigious accolade in 2020. The British Safety Council is one of the world’s leading health ...

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Covid-19: UAE residents promote hashtag ‘#TogetherWeRecover’

ABU DHABI / WAM UAE residents have interacted with the hashtag, “#TogetherWeRecover,” on social media, underscoring the sense of community awareness about the importance of recovery and the return to normalcy after taking the approved coronavirus vaccine. The official and popular interaction with the hashtag also highlights the cooperation of Emirati citizens and residents in countering the coronavirus by immunising ...

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Oil rallies to fresh 10-month high amid US dollar’s drop

Bloomberg Oil in New York extended its recent rally to a new 10-month high as the dollar edged lower, increasing the appeal of commodities priced in the currency. Earlier, futures rose above $53 a barrel to the highest since February 2020. Prices have been climbing since the beginning of the year after promises of unilateral crude output cuts from Saudi ...

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UAE, Cyprus sign defence cooperation agreement

ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, and Charalambos Petrides, Minister of Defence of the Republic of Cyprus, on Tuesday signed a Memorandum of Understanding, via video conferencing, on joint cooperation in the defence and military fields. Al Bawardi commended the strategic relations between the UAE and Cyprus, highlighting that the signing ...

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Seha opens three new Covid vaccination centres

Abu Dhabi / WAM Abu Dhabi Health Services Company, (Seha), the UAE’s largest healthcare network, has announced the opening of two Covid-19 vaccination centre in the Emirate of Abu Dhabi and one in Dubai, for members of the community who wish to receive Beijing Institute of Biological Product’s inactivated vaccine. The centres, located in Abu Dhabi Cruise Terminal in Abu ...

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FAB issues this year’s first 1.5b yuan Formosa bond

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has announced the issuance of the year’s first Chinese Yuan (CNY) in the Formosa bond market with a CNY 1.5 billion five-year bond at 3.15 percent. This deal also represents the lowest coupon paid by a Mena bank on a public CNH five-year issuance. The successful offering was upsized to CNY ...

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Sharjah-Zanzibar deal to bolster investments, foster joint ventures

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has signed a Memorandum of Understanding (MoU) with its counterpart in Zanzibar to enhance cooperation and encourage commercial ties between the business communities of both countries. The agreement was virtually signed by Abdullah Sultan Al Owais, Chairman of the SCCI, and Ali Suliman, Chairman of Zanzibar National Chamber of ...

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Dubai Customs joins Smart Dubai’s GRPS

DUBAI / WAM Smart Dubai has announced Dubai Customs as the latest entity to join its Government Resource Planning Systems (GRPS), which is already implemented across 72 government departments, benefitting more than 75,000 employees in the emirate. The GRPS offers an integrated bundle of secure, standardised, central solutions, and, starting from January 10 will allow Dubai Customs officials and employees ...

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Energy sector to play a vital role in post Covid-19 recovery

Abu Dhabi / WAM The fifth annual Atlantic Council Global Energy Forum in Abu Dhabi will convene this year in an innovative and interactive virtual format, from January 19-22. The event will bring together senior government officials, industry executives, energy ministers and recognised thought leaders, to set the energy agenda for the year. The forum will once again be held ...

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Dubai opens 1,303 new food outlets in 2020

Dubai / WAM Dubai Municipality revealed that 1,303 new food establishments were opened during 2020 in the emirate, at the rate of 3.5 establishments per day. Sultan Al Taher, Director of Food Inspection Section at Dubai Municipality, said that total number of food establishments in Dubai at the end of last year reached 19,259, which is expected to reach 20,000 ...

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