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UAE upholds multilateralism, outlines priorities for UN75

NEW YORK / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, will lead the UAE’s delegation to the 75th session of the UN General Assembly and will virtually address the body on September 29 during the General Debate. During the high-level week, the UAE delegation will be engaging with other member states, UN ...

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Adnoc joins Mubadala, Enec to drive in-country value for UAE

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) on Sunday signed two framework agreements with Mubadala Investment Company and Emirates Nuclear Energy Corporation (Enec) to partner on Adnoc’s In-Country Value (ICV) programme following the success of the programme which has driven more than AED44 billion ($12 billion) back into the UAE’s economy and created over 1,500 private-sector ...

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EDB to focus on creating new opportunities, growth

ABU DHABI / WAM The Emirates Development Bank’s (EDB) newly appointed Board of Directors, held its first meeting on Sunday led by its Chairman, Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology. During the meeting, Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, was selected as Deputy Chairman of the bank. The ...

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Seha encourages people to embrace healthy lifestyle

Abu Dhabi / WAM The Abu Dhabi Health Services Company (Seha) is encouraging the community to embrace a healthy lifestyle amidst the ongoing Covid-19 pandemic by following a balanced diet, drinking sufficient water, exercising, and sleeping adequately to maintain overall health, including mental wellbeing. Dr Anne Elzein Omara, Consultant Psychiatrist, Al Ain Hospital, said, “It is imperative that we understand ...

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Saudi companies begin talks to form $11bn chemicals maker

Bloomberg Saudi Industrial Investment Group and National Petrochemical Co. started talks to merge, potentially creating a firm with $11 billion in assets as Middle Eastern energy companies assess their options in a lower oil-price environment. The talks are at an initial stage, and no agreement has been reached, the companies said on Sunday. Saudi Industrial owns 50 percent of National ...

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TikTok owner seeking $60b valuation in US deal

Bloomberg China’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business to address US security concerns, according to a person familiar with the matter. Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that ...

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Area 2071 organises ‘global startup accelerator program’

Dubai / WAM Dubai Future Foundation(DFF) announced its hosting of Founder Institute global startup accelerator programme for the first time at the regional level in AREA 2071, the innovation ecosystem in Dubai. The initiative, within DFF’s framework for strengthening global partnerships, is aimed at providing opportunities for startups specialised in various technology sectors to develop their innovative projects and ideas ...

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flydubai to resume flights to Male from October 27

DUBAI / WAM Dubai-based airline, flydubai announced on Sunday the resumption of flights to Malé, the capital of the island nation, the Maldives. The service, which the carrier initially operated between 2013 and 2018, will be reinstated from October 27 due to popular demand as the Indian Ocean destination welcomed back tourists of all nationalities earlier this summer. flydubai flights ...

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ERC provides medical services in remote areas of Yemen’s Hadramaut

HADRAMAUT / WAM The UAE continues to provide free medical services to residents in the Hadramaut Governorate, via mobile clinics operated by the Emirates Red Crescent (ERC) throughout the year. An Emirati medical team have been performing medical check-ups on patients in rural and remote areas that lack health facilities, providing treatment to locals suffering from various ailments. The team ...

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DHA specialist shares tips on preventing depression

Dubai / WAM In light of World Alzheimer’s day, the Director of Dubai Health Authority’s (DHA) Seniors’ Happiness Centre stressed the importance of setting a daily routine for all elders, especially those with Alzheimer’s, during the coronavirus (Covid-19) pandemic to prevent depression amongst them. Dr Salwa Al Suwaidi, the Director of Seniors’ Happiness Centre said that among the challenges she ...

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