ABU DHABI/ WAM Etihad Airways, the UAE national airline, has become the first airline in the world with all its operating pilots and cabin crew vaccinated to help curb the spread of Covid-19. In January 2021, Etihad was awarded Diamond status for ensuring the highest standards of cleanliness and sanitisation in the inaugural ‘APEX Health Safety, powered by SimpliFlying’ audit. ...
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Tawazun’s pavilion space at Idex up 74%
ABU DHABI / WAM Tawazun has announced its participation at the International Defence Exhibition and Conference (Idex 2021) and the Naval Defence and Maritime Security Exhibition (Navdex 2021) held from February 21- 25 at the Abu Dhabi National Exhibition Centre (Adnec). Tawazun Economic Council had previously signed an agreement with Adnec to become the Principal Partner of this edition of ...
Read More »Deal signed to boost commercial payments for businesses in UAE
Abu Dhabi / WAM First Abu Dhabi Bank (FAB) announced it signed a five-year strategic partnership deal with Mastercard for the enablement of commercial cards and payments solutions. The move aims to simplify business-to-business (B2B) payments for companies in the UAE, making them more seamless, secure and convenient. Mastercard’s commercial cards and payment platforms will be made available to FAB ...
Read More »Tawazun increases pavilion space by 74% at Idex 2021
Abu Dhabi / WAM Tawazun announced its participation at the International Defence Exhibition and Conference (Idex 2021) and the Naval Defence and Maritime Security Exhibition (Navdex 2021) held from the February 21-25 at the Abu Dhabi National Exhibition Centre (Adnec). Tawazun Economic Council had previously signed an agreement with Adnec to become the Principal Partner of this edition of Idex ...
Read More »Hub71 attracts over 100 startups in two years
Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has selected more than 100 tech startups to join its growing community, raising AED 185 million (USD 50.4m) in capital for the new businesses since its launch in March 2019, demonstrating the strong appeal of the UAE’s capital city among entrepreneurs worldwide. Under the patronage of HH Sheikh Khaled bin ...
Read More »CBUAE fines exchange house AED504,000
ABU DHABI / WAM The central bank of the UAE (CBUAE) imposed a financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. 20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations. The exchange house has a weak anti-money laundering and combating ...
Read More »Etihad world’s first airline to vaccinate all crew
Abu Dhabi / WAM Etihad Airways, the UAE national airline, has become the first airline in the world with all its operating pilots and cabin crew vaccinated to help curb the spread of Covid-19. In January 2021, Etihad was awarded Diamond status for ensuring the highest standards of cleanliness and sanitisation in the inaugural ‘Apex Health Safety, powered by SimpliFlying’ ...
Read More »Thirst for yield witnesses oil market holdings rise higher
Bloomberg The crude market is now offering its biggest yield in about a year — at a time when other asset classes are offering meager returns — causing a surge in investor appetite for the commodity. As oil futures power to $60 a barrel, the market’s forward curve has moved sharply into a pricing pattern where nearer-dated contracts are more ...
Read More »UAE minister, Uzbekistan envoy discuss cooperation
ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, on Tuesday received at his palace Bakhtiar Ibrahimov, Ambassador of the Republic of Uzbekistan to the UAE. During the meeting, Sheikh Nahyan welcomed the ambassador of Uzbekistan and exchanged talks about the outstanding friendship between the UAE and his country, stressing the importance of boosting ...
Read More »UAE visitors to get ‘Martian Ink’ passport stamp on arrival
DUBAI / WAM Visitors arriving at UAE airports will receive a “Martian Ink†stamp on their passports, in commemoration of the Hope Probe’s historic arrival to Mars on February 09. An emblem of the country’s ambition and guiding principle that the “Impossible is Possibleâ€, the stamp — produced by the UAE Government Media Office in collaboration with Dubai Airports — ...
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