News

DUBAI / WAM Dubai’s Department of Economic Development (Dubai Economy) on Tuesday announced that it issued 42,640 new licences in 2020, an increase of 4% from the 40,891 new licences issued in 2019. According to a recent report of Dubai Economy’s Business Registration & Licensing (BRL) sector, 64% of the new licences issued in 2020 were professional (27,307), 35% were ...

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 the Beijing Institute of Biological Product’s inactivated vaccine. The Covid-19 vaccination centres, located in Abu Dhabi Cruise ...

Abu Dhabi / WAM In line with its plan to vaccinate more than 50 percent of the country’s population against Covid-19, the Ministry of Health and Prevention (MoHAP) announced that 108,401 people have received the coronavirus vaccine over the last 24hrs, bringing to 1,275,652 the total number of jabs taken so far across the nation, at 12.09 doses per 100 ...

Sharjah / WAM The Expo Centre Sharjah hosted 20 specialised exhibitions in 2020, with the participation of more than 2,500 companies and brands, while adopting stringent precautionary and preventive measures to ensure the safety of visitors and exhibitors. This comes at a time when the international exhibitions industry was hit hard by the Covid-19 pandemic. Nine exhibitions were organised in ...

Abu Dhabi / WAM Abu Dhabi National Exhibitions Company (Adnec) — the organiser of the International Defence Exhibition (Idex 2021) and the Naval Defence Exhibition (Navdex 2021) — has received approval from the Abu Dhabi Public Health Centre for all badge holders to be exempted from the 10-day quarantine procedure on their arrival into Abu Dhabi. This step has been ...

Bloomberg Oil edged lower as the dollar strengthened, with the steam coming out of a rally that pushed crude to the highest level in 10 months. Futures in New York lost 0.9% as the dollar’s gains reduced the appeal of raw materials such as oil that are priced in the currency. Both West Texas Intermediate and Brent crude are trading ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has issued the lowest-ever yield on any five-year Mena bank USD issuance with a $500 million five-year Sukuk issued at MS+90bps (all-in yield of 1.411 percent) through FAB Sukuk Company Limited. The deal is FAB’s first USD benchmark offering and the first Sukuk issue globally in 2021. This offering was highly ...

Abu Dhabi / WAM The UAE has helped reunite two Jewish Yemeni families with their relatives whom they have not seen for decades. The first family of 15 members, were reunited in Abu Dhabi after UAE authorities facilitated the travel of family members from both Yemen and London. Yitzhak Fayez, 35, told the Emirates News Agency (WAM) that he had ...

SHARJAH / WAM Arada has reported a robust sales performance for 2020, as the developer benefited from a raft of project handovers and the stable Sharjah real estate market to overcome the effects of the pandemic. During a challenging year for the UAE property sector as a whole, the total value of real estate sold by Arada rose by 35 ...

DUBAI / WAM Emirates Airline has announced it will resume non-stop services to Seattle (from February 01), Dallas and San Francisco (from March 02), offering its customers connectivity via Dubai to and from popular destinations in Middle East, Africa, and Asia. The addition of these three destinations will take Emirates’ North American network to 10 destinations following resumption of services ...