ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) announced that Palms Sports PJSC has listed its shares on ADX’s Second Market under the trading symbol PALMS, and trading begins on the shares on Monday. The company’s nominal value of share capital is AED 150 million, with each share having a nominal value of AED 1. This is the fifth ...
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UAE central bank to launch ‘Monetary Bills’ from Jan 11
ABU DHABI / WAM The Central Bank of the UAE (CBUAE) announced on Monday that effective from January 11, 2021, a new securities issuance programme to licensed financial institutions and eligible investors, named Monetary Bills (M-bills) will be introduced. These securities will be auctioned and traded through Bloomberg’s primary and secondary market solutions and settled through a local platform, compliant ...
Read More »Etihad updates travel rules for UK travellers
Abu Dhabi / WAM Following an announcement by the National Crisis and Disaster Management Authority, effective from December 24, Etihad Airways requires all guests flying from the United Kingdom to present a negative PCR test within 72 hours validity of their flight departure time. In a statement on Monday, Etihad said it is the only airline in the world requiring ...
Read More »ADU, twofour54 partner to train Abu Dhabi game developers
Abu Dhabi / WAM Abu Dhabi University (ADU) has announced the launch of a strategic partnership with twofour54 — Abu Dhabi’s media free zone — to continue the growth of the emirate’s media sector through increased talent development supported by gaming industry giant and twofour54 partner Unity Technologies. The partnership between Abu Dhabi University and twofour54 seeks to upskill and ...
Read More »Emirates earns Apex five-star rating
DUBAI / WAM Emirates has received the APEX 2021 Five Star Global Official Airline RatingTM, based on feedback from passengers that was independently collected by APEX via its partnership with TripIt, and validated and certified by an external auditor to ensure that all ratings were made by genuine travellers who had flown on the airline they were reviewing. Adel Al ...
Read More »UAE central bank to launch ‘monetary bills’ from Jan 11
Abu Dhabi / WAM The central bank of the UAE (CBUAE) announced on Monday that effective January 11, 2021, a new securities issuance programme to licensed financial institutions and eligible investors, named Monetary Bills (M-bills) will be introduced. These securities will be auctioned and traded through Bloomberg’s primary and secondary market solutions and settled through a local platform, compliant with ...
Read More »ADU, twofour54 to train next-gen of game developers
Abu Dhabi / WAM Abu Dhabi University (ADU) announced the launch of a strategic partnership with twofour54 — Abu Dhabi’s media free zone — to continue the growth of the emirate’s media sector through increased talent development supported by gaming industry giant and twofour54 partner Unity Technologies. The partnership between Abu Dhabi University and twofour54 seeks to upskill and empower ...
Read More »Emirates earns five-star rating from its customers
DUBAI / WAM Emirates received the Apex 2021 Five Star Global Official Airline RatingTM, based on feedback from passengers that was independently collected by Apex via its partnership with TripIt, and validated and certified by an external auditor to ensure that all ratings were made by genuine travellers who had flown on the airline they were reviewing. Adel Al Redha, ...
Read More »VP, Mohamed discuss ways to improve citizens’ happiness
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Monday met with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, as part of their ongoing consultations on national issues related to livelihoods of Emirati citizens ...
Read More »UAE ranks second globally in telecom sector quality
Dubai / WAM The UAE concluded 2020 by achieving global leadership in telecom sector quality and evolution, where the country maintained the first place in the Arab region and regionally, and came second globally for the second consecutive year in “Use of telecommunications/ICTs”, which measures the efficiency and evolution of the telecommunications sector in countries around the world as part ...
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