News

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 ...

Abu Dhabi / WAM Abu Dhabi Department of Economic Development (Added) launched the “Made in Abu Dhabi” campaign to promote national products manufactured in Abu Dhabi emirate in order to enhance their competitiveness and encourage consumers to ‘buy local’. In addition, it will incentivise manufacturers to display the approved campaign logo on their products. In order to communicate the campaign ...

Abu Dhabi / WAM The United Arab Emirates (UAE) has consolidated its position as a leading global supporter of children’s rights, through a range of initiatives and aid campaigns aimed at ensuring the rights of millions of children to health, education and food. HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for ...

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) has been supporting the country’s effort towards driving energy transition at home and around world by financing innovative renewable-energy projects. These initiatives have had powerful impact on economies and the environment of beneficiary countries. The fund has consistently increased its portfolio of such projects, having funded 90 of them over ...