News

Abu Dhabi’s external foodstuff trade hits AED4.7 billion in Q1

Abu Dhabi / WAM Abu Dhabi external foodstuff trade amounted to over AED 4.663 billion during the first quarter of the current year 2020, while the overall weight of the Emirate’s foodstuff trade in the same period reached more than 1.18 million tonnes through 41,430 transactions. Abu Dhabi’s foreign trade distributed from foodstuff to imports at a value of over ...

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IEA sees oil market improving amid sharp drop in output

Bloomberg The outlook for global oil markets has “improved somewhat,” with demand a little stronger than expected and supply reined in by a brutal price crash, the International Energy Agency (IEA) said. World oil production is on track for a “historic decline” this month to the lowest level in nine years, the IEA said in a monthly report. Opec and ...

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Abu Dhabi banks income hit AED9.6bn in 3 months

ABU DHABI / WAM Commercial and Islamic banks operating in Abu Dhabi recorded a total net income of around AED9.6 billion in the first quarter of 2020, according to data issued on Thursday by the Statistics Centre-Abu Dhabi. The net income of traditional banks in Abu Dhabi from interests and investments totalled AED8.5 billion, accounting for 88.5 percent of the ...

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Adnoc distributes 10,000 PPE kits to UAE communities

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) distributed 10,000 “Weqaya kits” containing personal protective equipment (PPE) to local communities as part of its support for the UAE Volunteers initiative. The kits, which include masks, gloves and hand sanitisers, were distributed to the elderly, people of determination, and others across 12 locations including 8 community development centres ...

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UAE, Singapore discuss economic, investment ties

ABU DHABI / WAM Mohammed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development (Added), held a remote meeting through video conferencing with Kamal R Vaswani, Ambassador of the Republic of Singapore to the UAE, to discuss ways to improve bilateral economic relations between the two parties. During the meeting, both parties explored trade and investment cooperation ...

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Adnoc Distribution launches new home delivery services

ABU DHABI / Emirates Business Adnoc Distribution, the UAE’s largest fuel and convenience retailer, has launched a home delivery service to bring everyday essentials direct to customers from select Adnoc Oasis convenience stores in Abu Dhabi. Delivered within 30 minutes through the Talabat app and website, customers can now order more than 1,100 products offered across daily groceries, snacks as ...

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Covid-19: UAE sends medical aid to Romania

ABU DHABI / WAM The United Arab Emirates on Thursday sent an aid plane containing seven metric tons of medical supplies to Romania to bolster the country’s efforts to curb the spread of Covid-19. The aid will assist approximately 7,000 medical professionals as they work to combat the virus. Commenting on the aid delivery, Dr. Ahmed Abdullah bin Saeed Al ...

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Sheikh Mohammed grants Golden Visa to 212 DHA doctors

DUBAI / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued directives to grant 10-year Golden Visas to 212 doctors of various specialisations working for the Dubai Health Authority (DHA) as a token of appreciation for their efforts in the fight against Covid-19 and their selfless ...

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Ajman land department links digital services with Ajman Pay

AJMAN / WAM The Ajman Department of Land and Real Estate Regulation has announced linking its digital services with Ajman Pay to create a customer-centric user experience. The initiative enables clients to pay for services across various payment channels and options suitable for all customer segments and needs. Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of Ajman Department of Land ...

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UAE announces 407 new recoveries from Covid-19

ABU DHABI / WAM The Ministry of Health and Prevention announced on Thursday that it conducted over 37,000 additional Covid-19 tests using state-of-the-art medical testing methods. In a statement, the ministry affirmed its aim to expand the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As part of its intensified ...

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