News

Expo Centre Sharjah hosted 20 successful exhibitions in 2020

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 ...

Read More »

Idex, Navdex participants exempt from quarantine

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 ...

Read More »

Oil dips below $52 with dollar rising as rally takes breather

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 ...

Read More »

FAB issues five-year $500 million Sukuk

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 ...

Read More »

UAE helps reunite two Jewish Yemeni families after 21 years

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 ...

Read More »

Arada records 35% rise in sales during 2020 to reach AED1.75b

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 ...

Read More »

Emirates expands its US operations

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 ...

Read More »

Idex, Navdex int’l participants exempt from quarantine

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) – 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 taken ...

Read More »

CNN Academy Abu Dhabi welcomes its first students

Abu Dhabi / WAM The inaugural CNN Academy Abu Dhabi, which will foster the growth of future journalists, is now underway. The first classes took place on January 10, including a two-hour welcome and introductory session with Becky Anderson, Managing Editor of CNN Abu Dhabi and Anchor of Connect the World. Anderson said, “I am thrilled to welcome this talented ...

Read More »

Sheikh Mohamed, Iraqi president review promoting cooperation

ABU DHABI / WAM HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of Iraq, Dr Barham Salih, reviewed the prospects of promoting the fraternal relations between the two nations and accelerating cooperation across all fronts. This came in phone call Sheikh Mohamed received on Monday ...

Read More »
Send this to a friend