News

Dubai / WAM The National Bank of Fujairah (NBF) on Sunday reported its full year financial results for the year ended 31st December 2019, announcing a net profit of AED552.2 million. The bank also announced in a press statement a total comprehensive income of AED611.5 million, up 4.5 percent compared to AED585.4 million in 2018, as a result of improved ...

ABU DHABI / WAM Abu Dhabi Airports has partnered with the Etihad Aviation Group (EAG) to begin training 17,000 employees to operate the new Midfield Airport Terminal at the Abu Dhabi Airport. The programme is supported by a campaign designed to capture the imagination of the airport community, ensuring that employees of all airport organisations are Familiarised, Inducted and Trained ...

Dubai / WAM The Federal National Council (FNC) will hold the fourth session of the first ordinary session of its 17th legislative chapter on Tuesday at its headquarters in Abu Dhabi. The session, which will be chaired by Saqr Ghobash, FNC Speaker, will discuss a draft federal law on the biosafety of genetically-modified organisms, (GMOs) and questions will be directed ...

ABU DHABI / WAM The Sheikha Fatima bint Mubarak Volunteering Programme has completed four million local and international community volunteering hours, in keeping with the humanitarian message of the late Sheikh Zayed bin Sultan Al Nahyan. Noura Al Suwaidi, Director of the General Women’s Union (GWU) stated that the programme’s volunteers have helped achieve progress in the areas of volunteer ...

DUBAI / WAM In line with the International Day of Education, Suqia, the UAE’s Water Aid Foundation, and Dubai Cares, both operating under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives, signed a Memorandum of Understanding, MoU, to share knowledge and build capacities to support developing countries facing a water scarcity. As part of this partnership, Suqia ...

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) has announced that it will highlight how it is protecting biodiversity and preserving the quality of life for a sustainable future by participating at this month’s World Urban Forum 2020. Hosted by UN Habitat until February 13 at Abu Dhabi National Exhibition Centre, (Adnec) the event will see EAD ...

Bloomberg The coronavirus disease spreading around the world has killed more than 810 people, exceeding the toll from the global outbreak of Sars that started in China almost two decades ago. Less than two months after surfacing in late December in Wuhan, China, cases of the coronavirus have topped 37,000. The fast-spreading disease long ago eclipsed the 8,100 total cases ...

Bloomberg Toyota Motor Corp isn’t letting a global slowdown get in the way of its plans to grow, reporting a higher-than-expected quarterly profitand raising its full-year forecast. Even as a production shutdown in China, the world’s largest car market, has cast a pall over global automakers already struggling to cope with a downshift in demand and rising costs on next-generation ...

Bloomberg Hon Hai Precision Industry Co, Apple Inc’s main iPhone production partner, said its factories worldwide are coordinating with authorities in carrying out virus protection and are preparing safety measures with the approval of local governments. “Our group hasn’t received any client requests to move production resumption earlier,” the company, also known as Foxconn, said in a statement. Operating schedules ...

Bloomberg India and Sri Lanka agreed on Saturday to strengthen cooperation to combat terrorism and boost trade and investment. “India has been a trusted partner in Sri Lanka’s development,” Prime Minister Narendra Modi said a joint briefing after meeting Sri Lankan Prime Minister Mahinda Rajapaksa in New Delhi. New lines of credits announced in November will deepen development and cooperation, ...