News

DUBAI / Emirates Business Emirates has unveiled multi-faceted measures for employee and customer care at every step of the travel journey, redefining safety and hygiene standards on board and on the ground. The new measures took effect, with the resumption of regularly scheduled passenger flights to nine destinations. “Emirates is implementing a comprehensive set of measures at every step of ...

Abu Dhabi / WAM Abu Dhabi Waste Management Centre (Tadweer) announced the operation of three mobile medical waste incinerators in Abu Dhabi to support the precautionary measures taken by various healthcare entities to prevent the spread of novel coronavirus outbreak. The incinerators are operated at Al Mafraq Hospital and the recently launched field hospitals in Abu Dhabi including the field hospital ...

Abu Dhabi / WAM Mubadala Healthcare and Strata Manufacturing (Strata) – Mubadala’s composite aero-structures manufacturing company – are collaborating to manufacture essential medical supplies and support the fight against Covid-19, utilising additive manufacturing to produce intubation capsule, face shields and ear guards. The cooperation is part of Mubadala’s #WeAreDedicated campaign aimed at fostering collaboration across diverse enterprises and sectors to ...

ABU DHABI / WAM ZonesCorp announced the opening of a factory that produces liquefied carbon dioxide, which is widely used in several food and manufacturing industries. Launched by Al Ghaith Industries within the Industrial City of Abu Dhabi I (ICAD I), the new facility covers a total area of 100,000 square metres and has a total production capacity of 60 ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has congratulated UAE citizens and residents on the occasion of Eid al-Fitr. HH Sheikha Fatima urged the public to adhere to the country’s precautionary measures to preserve their ...

ABU DHABI / WAM The United Arab Emirates on Thursday sent an aid plane carrying seven metric tons of medical supplies to Union of the Comoros. The aid will assist approximately 7,000 medical professionals as they work to combat the Covid-19 pandemic. Commenting on the aid delivery, Saeed Mohammed Saeed Al Maqbali, UAE Ambassador to Union of the Comoros, said, ...

DUBAI / WAM KPMG released the results of its fifth edition of the ‘GCC listed banks’ report, which analyses the published results of listed commercial banks across the region for the year ended December 31, 2019. The report, titled ‘New Age Banking’, has found that the UAE’s top ten banks reported positive results in 2019, with an average 13.9 percent ...

Bloomberg Whitbread Plc, the UK’s largest hospitality company, plans to tap investors for 1 billion pounds ($1.2 billion) via a share sale to help see it through the coronavirus pandemic that’s shut restaurants and hotels. The owner of the Premier Inn chain will launch the rights offer on Thursday as it takes “decisive action” to reduce cash outflows and enhance ...

Bloomberg The euro-area economy started to claw its way out of its deepest downturn ever as the relaxing of coronavirus lockdowns allows thousands of businesses to reopen. The big question is how long it stumbles along at the bottom before a meaningful recovery starts to take shape. While a report from IHS Markit on Thursday offered some hope, it also ...

Bloomberg Automotive industry borrowers have raised $155 billion amid the coronavirus outbreak as the pandemic shutters showrooms and factories. Companies worldwide have been drawing down on existing credit lines and seeking new credit deals to weather the health crisis as it hits demand for vehicles. The $155 billion gathered in less than three months since mid-March is equivalent to the ...