News

Bloomberg Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets. Crude futures were down 1.9% in New York, with the dollar trading higher and European stock markets declining. It follows a rally last week after Opec and its allies agreed to add 500,000 barrels a day of output from January to a ...

Abu Dhabi / WAM Etihad Airways, the national airline of the United Arab Emirates, has joined the £65 million Digital Aviation Research and Technology Centre (DARTeC) consortium, due to open next year at Cranfield University in the UK. As the first airline to join the DARTeC consortium and a leading industry innovator, Etihad’s expertise across the fundamental fields of sustainability, ...

Dubai / WAM Emirates has welcomed A6-EVL, its 116th A380 as the first of three A380s to join its fleet in 2020. The aircraft arrived in Dubai, powered by a blend of conventional jet fuel and sustainable aviation fuel. Emirates is scheduled to receive two more A380 aircraft later this month, one of which will feature its long-awaited signature Premium ...

ABU DHABI / WAM Abraham Accords proves that decades-long disputes can be solved through negotiations, which could be possible in the Korean peace process as well, South Korea’s top diplomat told Emirates News Agency. “I think looking at the breakthrough here with Abraham Accords, you realise how with bold decision making, you can really make big changes. We have also ...

ABU DHABI / WAM The Abu Dhabi Department of Economic Development (ADDED) has identified eight new areas for investment within food industries in line with the ‘Basic Industries’ project currently being implemented by Added’s Industrial Development Bureau (IDB). The eight new investment areas cover the manufacturing of 18 basic food products which are key targets under the National Food Security ...

Dubai / WAM Kiklabb, the Dubai Government owned licensing and workspaces hub, has announced its first internship programme which has been designed to foster and develop young talent in the region. The SEEDLABB internship programme coincides with the reopening of Kiklabb’s workspaces space which was closed as part of the precautionary measures implemented in response to Covid-19. The 12-week programme ...

DUBAI / WAM The Dubai International Content Market (DICM) was successfully launched on Monday with the attendance of content buyers and sellers from over 35 countries. The field of content witnessed great demand this year, which indicates its importance and the key role it plays in the development of the Media sector in general, and the field of Content Creation ...

ABU DHABI / WAM Aspire, the newly established dedicated technology programme management pillar of Advanced Technology Research Council (ATRC), on Monday announced that it is partnering with US-based non-profit organisation XPRIZE on “XPRIZE Feed the Next Billion” competition, a four-year international competition that aims to revolutionise the global food supply chain and its impact on communities around the world. Aspire ...

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has debuted its new e-complaint system where patients can report medical malpractices and administrative errors made in private health facilities. The newly released system comes as part of MoHAP’s efforts to upgrade the quality of the health system, innovate smart solutions, and adhere to the implementation of quality systems. This ...

ABU DHABI / WAM Statistics from the Central Bank of the UAE showed that the investments of Abu Dhabi banks in debt securities in the first nine months of 2020 amounted to AED19 billion, contributing to an increase in the cumulative balance of this type of investment to AED201.5 billion at the end of September 2020. Investing in securities is ...