News

Abu Dhabi / WAM Saqr Ghobash, Speaker of Federal National Council (FNC) has welcomed the decision taken by the Kingdom of Bahrain to establish diplomatic relations with the State of Israel as an “important step” in supporting stability in the Middle East. “The move will herald a new era where values of joint action would prevail, open up new horizons ...

Bloomberg Some of the world’s biggest oil traders are gearing up for a possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for months-long charters so that they can be ready to store excess barrels if necessary. The chartering spree is likely to alarm producers and their allies as it indicates that the oil traders ...

Abu Dhabi / WAM Abu Dhabi Ports announced on Saturday that Khalifa Port’s expansion is on pace for completion. The Khalifa Port expansion, announced in December 2019, aims to attract new business and significantly boost capacity in line with evolving customer expectations, and has progressed significantly since its inception despite the challenging economic conditions presented by global pandemic. Upon completion, ...

SHARJAH / WAM The Sharjah-based Hamriyah Free Zone Authority (HFZA) signed a strategic partnership agreement with Lamprell, the leading provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas and renewable energy industries. Under the agreement, Lamprell will lease an additional 1.360 million sq. ft. of land inside the free zone to continue to improve ...

Dubai / WAM Dubai International Financial Centre (DIFC) the leading global financial centre in the Middle East, Africa and South Asia (Measa) region, has reaffirmed its commitment to driving the future of finance by signing a Memorandum of Understanding (MoU) with the Dubai Future Foundation (DFF). The agreement between the two forward-looking counterparts will advance the innovation agenda within Dubai ...

AL KHOKHA / WAM The UAE continues to provide aid relief to the people of Yemen, as part of its efforts to alleviate suffering and restore normalcy to the lives of families facing financial hardship. Accordingly, the Emirates Red Crescent (ERC) has provided 16 tons of food aid to 1,400 families who have fled cities in the Al Hodeidah governorate ...

ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) signed a cooperation agreement with Department of Municipalities and Transport (DMT) for the establishment of a Real Estate Dispute Settlement Centre in Abu Dhabi. The initiative is part of the endeavours undertaken to consolidate bilateral cooperation and strategic partnership with objective of establishing an integrated system capable of improving alternative ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) on Saturday, said it carried out over 95,287 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 1,007 new cases of various nationalities, who are all in a stable condition ...

Abu Dhabi / WAM Etihad Airways, the national airline of the UAE, will resume passenger flights from Abu Dhabi to the Moroccan cities of Casablanca and Rabat. Effective September 19, the airline will operate returning flights three times a week from Abu Dhabi to Casablanca. This service will be followed by direct flights between the two capitals, Abu Dhabi and ...

Dubai / WAM Dubai Economy shut down a café in Karama in co-operation with Dubai Municipality and Dubai Tourism after the outlet was found to have ignored physical distancing guidelines issued as a precautionary measure against Covid-19. The action came following response from the public to the call of Dubai Economy to report commercial establishments and outlets not adhering to ...