News

Emirates NBD reports AED4.1bn in H1 profit

Dubai / WAM Emirates NBD, a leading banking group in the region, delivered a net profit of AED 4.1 billion for the first half of 2020. Net interest income increased 36% y-o-y and non-funded income grew 24% y-o-y with the acquisition of DenizBank in 2019, the bank said in a statement. Total assets at AED 694 billion, up two percent ...

Read More »

UAE continues food aid efforts in Yemen

AD DURAYHIMI / WAM The UAE has dispatched an aid convoy containing ten tons of food rations to Ad Durayhimi District, in Yemen’s Al Hodeidah governorate, as part of its ongoing food aid campaign in the country. The assistance – which included food baskets containing staple foods such as rice, flour and cooking oil – reached 3,600 people in the ...

Read More »

New database to help evaluate Abu Dhabi’s business climate

Abu Dhabi / WAM The Abu Dhabi Business Centre of the Abu Dhabi Department of Economic Development (Added) is set to launch the ‘Economic Establishments Data Capturing Project’ which is an integrated database that will provide essential information to help investors evaluate developments in the business sector in Abu Dhabi. The data will also be used in the preparation of ...

Read More »

‘Hope Probe a glorious chapter in Arab history’

ABU DHABI / WAM The UAE’s Mars Mission, Hope Probe, will write a glorious chapter in the Arab history of space exploration, and enhance the UAE’s contributions to the global space endeavours, a top Chinese diplomat told Emirates News Agency (WAM) on Monday. “Being the first Arab state to embark on Mars mission demonstrates the UAE’s significant progress in space ...

Read More »

Emirates to resume flights to Stockholm

Dubai / WAM Emirates will resume passenger services to Stockholm with weekly flights from August 1, expanding its network in Europe to 22 cities, and connecting customers from Europe to the Middle East, Asia Pacific and Africa. The restart of Stockholm flights means that all Emirates gateways in Scandinavia will have resumed services by August, with flights to Oslo resuming ...

Read More »

Dubai Chamber launches task force to tacke late payment issue

Dubai / WAM The Dubai Chamber of Commerce and Industry announced the launch of a task force under its Sustainability Network, which will address the issue of late payments to subcontractors and suppliers. The Task Force on Prompt Payment Practices for Subcontractors and Suppliers, joined by member companies representing a wide variety of economic sectors will explore the root causes ...

Read More »

Etihad Airways, Boeing broaden sustainability alliance

Abu Dhabi / Emirates Business Etihad Airways and Boeing will work together starting in August on the seventh iteration of the ecoDemonstrator programme to test innovative technologies in the air, building on the core innovation and sustainability tenets of their strategic partnership signed in November 2019. The ecoDemonstrator programme utilises commercial aircraft as flying testbeds to accelerate technology development that ...

Read More »

Emirates Mars Mission is UAE’s contribution to world

ABU DHABI / WAM Emirates Mars Mission, Hope Probe, is the UAE’s contribution to the entire world, a top United Nations official told Emirates News Agency (WAM). “The UAE is always looking forward to the future; it is our wonderful partner. The important part is that they are not doing this [Hope Probe] for themselves but for the region and ...

Read More »
Send this to a friend