News

Abu Dhabi / WAM Etisalat has made history by emerging as the strongest brand across all categories in Middle East and Africa (MEA) region. This feat puts Etisalat among the top 25 brands globally in the strongest brands index by Brand Finance, the world’s leading independent brand valuation and strategy consultancy. With this ranking from Brand Finance, Etisalat is now ...

Abu Dhabi / WAM The United Arab Emirates has provided urgent humanitarian aid to people affected by the recent earthquake that rocked the Indonesian island of Sulawesi. The initiative was launched on the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, with the monitoring ...

DUBAI / WAM Breakbulk Middle East (BBME), the GCC’s leading breakbulk and project cargo event, held under the patronage of the UAE Ministry of Energy and Infrastructure, will be presented digitally this year. Titled Breakbulk Middle East Digital Special, the new version of the much-awaited event, will take place on February 9-10. The next in-person event is scheduled for February ...

ABU DHABI / WAM Abu Dhabi Department of Economic Development (Added) has 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 ...

ABU DHABI / WAM Abu Dhabi Ports has inked a 50-year land lease agreement with Anchorage Investment, for the development of grain storage and processing plants at Khalifa Port, to be managed by National Feed, one of the largest Agro commodity processors in Abu Dhabi. Set to be developed on a 100,000-sqm plot, and with an initial design capacity of ...

Abu Dhabi / WAM Adnoc Distribution has delivered on its promises to customers in 2020 by increasing its service station network and modernising its Adnoc Oasis convenience stores, offering customers greater convenience, together with a fresh, modern environment to make more out of every visit to an Adnoc Service Station. A total of 64 new stations opened across the UAE ...

ABU DHABI / WAM The UAE has strongly condemned the Iranian-backed terrorist Houthi militia’s attempts to target civilian areas in Riyadh, Saudi Arabia, with a missile intercepted by Saudi air defences. In a statement by the Ministry of Foreign Affairs and International Cooperation on Monday, the UAE renewed its full solidarity with the Kingdom over these subversive terrorist attacks and ...

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 ...