News

Abu Dhabi / WAM Etihad Airways on Tuesday announced plans to boost its European Dreamliner network with the deployment of Boeing 787-9 aircraft to Amsterdam and Madrid. The 299-seat Dreamliners will be introduced on year-round scheduled services to Amsterdam from September 1, and to Madrid from October 1, joining Dusseldorf and Zurich as the airline’s other European Dreamliner services. The …

Dubai / WAM Senior officials from the Roads and Transport Authority (RTA), and Dubai Police have met to discuss road safety strategies in preparation for Dubai hosting Expo 2020. Mattar Al Tayer, RTA Director-General and Chairman of the Board of Executive Directors, and Major General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, discussed the Dubai Traffic Safety Strategy and …

Abu Dhabi / WAM To celebrate the #Year of Giving, Etihad Guest has launched a special Ramadan campaign with Emirates Red Crescent (ERC), to provide thousands of meals to families and children in need in Somalia. Members of Etihad Airways’ award-winning loyalty programme can donate their miles to the emergency response in the African country, with 750 Etihad Guest Miles …

Dubai / WAM Dubai Electricity and Water Authority (DEWA), announced that it awarded the contract for the third phase of K-Station at Jebel Ali Power Station to Spanish company Duro Felguera, worth AED798 million. The project includes the supply, installation, testing and launch of 2 F-type gas turbines from Siemens AG that will produce 590MW at 50 degrees centigrade. The …

Ajman / WAM Abdulrahman Mohamed Abdullah Al Nuaimi, Director-General of the Municipality and Planning Department, has launched the strategic project ‘Sanad’ in cooperation with Huawei, the giant telecommunications and information technology corporation. The project aims to build and update technical infrastructure services by applying the latest and advanced technology that ensures information and networks security, agility, and easily converting to …

Sharjah / WAM The Sharjah Economic Development Department (SEDD), has launched the “Consumer Empowerment Index” to measure consumers’ knowledge about a number of policies, initiatives and standards of the product and the market. The Index has been released to reveal wrong practices committed by consumers when purchasing, as well as to facilitate the procedure of claiming consumers’ rights. The Department …

CAIRO / Reuters Egypt, the world’s largest wheat importer, has procured 3 million tonnes of wheat from local farmers since the harvest began in mid-April, the Supply Ministry said in a statement on Monday. The local procurement season runs until July and the ministry has said it is targeting between 3.5 million and 4 million tonnes of local wheat this …

Bloomberg Oil & Natural Gas Corp.’s quarterly profits missed estimates for a gain as lower gas revenues and a jump in royalty payments outweighed the boost from higher crude prices. Net income at India’s biggest oil and gas producer fell 6.1 percent to 43.4 billion rupees ($673.6 million) in the three months ended March, the company said in a statement. …

Bloomberg BHP Billiton Ltd. is assuring shareholders that it’s exploring numerous options for its contentious US shale unit amid pressure from activist investor Elliott Management Corp. to carry out a wider review of petroleum operations. In a series of meetings in Australia last week, Chief Executive Officer Andrew Mackenzie stressed to shareholders that the biggest mining company is open to …

Bloomberg Noble Group Ltd. is seeking a strategic investor to drag the beleaguered commodities trader out of what it calls an “incredibly difficult environment.” The company’s market value has shriveled by more than $1 billion this year as the Hong Kong-based firm reported a first quarter loss, S&P Global Ratings flagged a risk of default and Fitch Ratings Ltd. cut …