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ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, congratulated the citizens and ...

Bloomberg Crude posted its first weekly gain in a month as global production cuts start to lift physical markets. Futures in New York rose 17% this week. Oil companies have announced major production closures with Chevron Corp. saying it will shut as much as 400,000 barrels of daily output and Exxon Mobil Corp. reporting it will cut rigs in the ...

ABU DHABI / WAM The UAE’s twin bourses continued on their bullish trend backed by upbeat sentiments which manifested themselves in the listed companies gaining around AED33.6 billion ($9.5 billion) in market cap since the beginning of Ramadan, with the mouthwatering prices of the majority of defensive stocks and blue chips driving the buying spree. The general index of the ...

ABU DHABI / WAM The UAE on Saturday sent an aid plane containing seven metric tons of medical supplies to India 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. To date, the UAE provided more than 348 metric tons of aid to ...

Abu Dhabi / Emirates Business Abu Dhabi Airports has partnered with Tawazun Strategic Development Fund (TSDF) to launch the new CoDi BOT UGV (Unmanned Ground Vehicle), designed and manufactured by UAE-based company Marakeb Technologies, an affiliate company of TSDF, for the disinfection of viruses including Covid-19. The introduction of new state-of-the-art technology is the latest measure introduced by Abu Dhabi ...

Bloomberg China’s first-quarter total services trade fell 10.8% from a year earlier to $162.82 billion, according to the Ministry of Commerce. Services exports in the January-to-March period declined 4.1% to 444.28 billion yuan while imports dropped 14.5% to 708.02 billion yuan, the ministry said on May 2. The narrowing of the trade deficit that started last year continues, it said. ...

DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) opened Saturday, the internal roads project at Sama Al Jadaf. It connects with other main roads in the vicinity such Al Khail Road to the South, and Sheikh Rashid Road to the North, thus enabling smooth mobility in the area. RTA also opened internal roads project for Mohammed bin Rashid Housing ...

DUBAI / Emirates Business Emirates SkyCargo announced that it will be launching four weekly cargo services to New Zealand from May 3 to help connect businesses in the country to key trading partners across the globe. The air cargo carrier is working with the Government of New Zealand as part of its International Airfreight Capacity (IAFC) scheme to help facilitate ...

Dubai / Emirates Business The Mohammed bin Rashid School of Government (MBRSG) launched a series of free online workshops through Zoom platform to discuss the latest trends in the field of public administration, public policy and innovation management. The programme forms part of the school’s pioneering efforts in the UAE and the region aimed at improving government performance, qualifying human ...

Dubai / Emirates Business The General Assembly of Dubai Islamic Insurance & Reinsurance Company (Aman) PJSC lauded the great role played by the UAE visionary leadership, the decisions made by the government and the efforts made by the different competent authorities for fighting the novel coronavirus (Covid-19). The assembly also praised the efforts made by the healthcare providers, civil defence ...