News

Fujairah / WAM Stockpiles of oil products at the crude trading and bunkering hub of Fujairah on the UAE East Coast jumped to a six-week high, with marine bunkers and fuel for power generation soaring the most in six months. The stockpiles stood at 26.681 million barrels as of August 24, up 1 per cent from a week earlier, according ...

Bloomberg UK judges can set global royalty rates for the use of telecommunications technology, Britain’s highest court said in a pair of cases over how much Huawei Technologies owes a US patent owner. The UK Supreme Court on Wednesday affirmed a decision that Huawei would either have to pay Unwired Planet International Ltd. a global rate set by judges or ...

Dubai / WAM Emirates announced it will resume passenger services to Conakry, Guinea, and Dakar, Senegal, from September 3, taking the total number of cities served by Emirates in Africa to eight. Flights from Dubai to Conakry and Dakar will be linked services, operating twice weekly, utilising an Emirates Boeing 777-300ER aircraft. The addition of linked services between Conakry and ...

DUBAI / WAM Vice President and Prime Minister of the UAE, and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has directed the Ministry of Culture and Youth to draft a comprehensive national strategy to develop cultural and innovated-related industries in the UAE, and ensure their contribution to the economy. His Highness Sheikh Mohammed also directed to ...

ABU DHABI / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC) said it is closely following the situation in the Republic of Mali. Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, has contacted a number of African organisations, stressing the UAE’s commitment to ensuring stability throughout the Sahel region. In a press statement, Al Hashemy ...

Dubai / WAM Nasdaq Dubai has announced the signing of a strategic cooperation agreement with Hong Kong-based Zhongtai Financial International and Beijing Tian Tai Law Firm Shanghai Branch, to support Chinese companies that wish to list on the Middle East’s international financial exchange. Under the agreement, the three parties will use their expertise to provide support and guidance to Chinese ...

Dubai / Emirates Business Emirates announced it will resume passenger services to Conakry, Guinea and Dakar, Senegal from September 3, taking the total number of cities served by Emirates in Africa to eight. Flights from Dubai to Conakry and Dakar will be linked services, operating twice weekly, utilising an Emirates Boeing 777-300ER aircraft. The addition of linked services between Conakry ...

Sharjah / WAM “Salam Beirut”, an emergency aid campaign that is providing relief for victims of the devastating explosion that struck Port Beirut, launched by Sheikha Jawaher bint Mohammed Al Qasimi, wife of His Highness the Ruler of Sharjah, Chairperson of The Big Heart Foundation (TBHF) and Eminent Advocate for Refugee Children at the UNHCR, has commenced work on the ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC) is continuing its initiatives to prevent drought and providing sources of water in Yemen, after launching hundreds of projects related to drinking water in areas suffering from water scarcity. Under this framework, ERC inaugurated a new development project that will provide water in the Hadramaut Desert, which includes a 470-metre artesian ...

Dubai / WAM GTA dnata, dnata’s joint-venture company in Canada, has been awarded a 5-year ground handling license and will establish operations at Vancouver International Airport (YVR). The company will provide quality and safe ramp, passenger and cargo warehousing services to airlines with a team of highly trained, customer-oriented aviation professionals. GTA dnata will commence operations at YVR in the ...