News

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, mourned with great sadness and sorrow the death of His Highness the Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, praying to Allah Almighty to rest his soul in Paradise and to grant the State of Kuwait, its people and Al Sabah family patience and solace. In ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a cable of condolences to HH Sheikh Nawaf Al-Ahamd Al-Sabah, Deputy Emir and Crown Prince of Kuwait, on the death of Amir of Kuwait Sheikh Sabah Al-Ahmad Al Jaber Al-Sabah. In his message, His Highness Sheikh Khalifa expressed his heartfelt condolences and solace on the ...

New York / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, stated that the historic peace accord signed between the UAE and Israel, supported by American efforts, has opened wide horizons for achieving a comprehensive peace in the region. HH Sheikh Abdullah made these comments in his virtual address to the UN General ...

Bloomberg Oil retreated on renewed concerns over demand as some of the world’s biggest traders warned that a recovery is still some way off as the pandemic continues to cast a shadow over the market. US benchmark crude futures fall as much as 2.2%. Global confirmed deaths from the coronavirus — which has eviscerated energy demand — topped 1 million. ...

DUBAI / WAM Dubai Financial Market (DFM) on Tuesday announced that it has reached the final stages of preparations to launch an equity derivatives platform (DFM Derivatives Platform), in cooperation with Dubai Clear and Nasdaq Dubai as well as leading brokerage firms, enabling investors to diversify and hedge their portfolios and access leverage. The platform will be launched in October, ...

Abu Dhabi / WAM Strata Manufacturing, the advanced composite aero structures manufacturing company, has leveraged Fourth Industrial Revolution (4IR) technology to strengthen core manufacturing capabilities, diversify product portfolio and pivot into new areas of manufacturing. Speaking at this year’s Global Aerospace Summit, Ismail Ali Abdulla, CEO of Strata, highlighted how the Al Ain-based company is embracing digital transformation through investments ...

Abu Dhabi / WAM Ammroc, leading provider of military maintenance, repair, and overhaul (MRO) services in region announced delivery of the first C-130 aircraft from its new state-of-the-art MRO depot in Al Ain. The company is set to deliver nose-to-tail advanced MRO services, and holds the capability to modify and upgrade multiple aircraft types. The C-130 aircraft delivered from the ...

Abu Dhabi / WAM Emirates has announced it will restart services to Entebbe, Uganda (October 1) and Muscat, Oman (October 2), bringing the total number of cities served by the airline to 94. Emirates is gradually resuming operations and rebuilding its network to provide more opportunities for travel, sparing no effort to ensure the highest standards of health and safety ...

Abu Dhabi / WAM Etihad Airways is continuing its ambitious strategy based on the Abu Dhabi Vision 2030, which aims to promote sustainability and protect the environment, in light of Abu Dhabi’s prominent stature in the field of sustainability. The strategy also aims to accelerate the pace of development, by supporting partnerships, utilising modern technologies and adopting innovation to make ...

ISLAMABAD / WAM Pakistani Prime Minister Imran Khan has inaugurated the Sheikh Mohamed bin Zayed Al Nahyan Road, a 42 km road in the Mohmand district of Khyber Pakhtunkhwa. The project was implemented by the UAE Pakistan Assistance Programme (UAE-PAP) and financed by the Abu Dhabi Fund for Development, at a cost of $29.12 million. The opening of the road ...