Bloomberg Gold surged to its highest since 2013 as rising tensions in the Middle East stoked demand for havens, with Goldman Sachs Group Inc. seeing more room to run. Palladium extended gains to a fresh record. Bullion neared $1,600 an ounce after Tehran said it would no longer abide by any limits on its enrichment of uranium following the killing ...
Read More »News
Boeing drops on reports of 737 Max issues, fundraising
Bloomberg Boeing Co. fell in early trading on reports that the company is weighing a move to raise more debt following the grounding of its 737 Max and that the jetliner’s return to service could face further complications. While Boeing had about $20 billion in available funds at the end of the third quarter, costs stemming from the Max crisis ...
Read More »Louvre Abu Dhabi’s ‘Furusiyya’ exhibit to launch in February
ABU DHABI / WAM In a rare comparative study, medieval knights, charging horses and courtly tales from west Asia and Europe will be displayed side by side at Louvre Abu Dhabi’s upcoming exhibition, ‘Furusiyya: The Art of Chivalry between East and West’. Taking place from February 19 to May 30, the immersive presentation will encompass over 130 artefacts, from medieval ...
Read More »Emirates adds plant-based options to its January menus
DUBAI / Emirates Business With the rising popularity of vegan meals amongst its customers, Emirates is celebrating Veganuary on board by including an additional plant-based option on its menus for the month of January. While vegan meals can be pre-booked on all flights and classes, this is the first time Emirates is including a readily available vegan option on its ...
Read More »Nomination for Abu Dhabi Awards 10th cycle closes
Abu Dhabi / WAM The Abu Dhabi Awards organising committee has announced the end of the nomination period for the Awards’ 10th cycle following a successful campaign that saw community-wide participation. For the first time in its 15-year history, the nomination process for the Abu Dhabi Awards was completely digitised. This change simplified the process for citizens and residents who ...
Read More »Preparations underway for 16th edition of Steel Fab 2020
SHARJAH / WAM The Expo Centre Sharjah said that preparations are underway to launch the 16th Steel Fab 2020, the region’s premier steel and metal industry event, from 13th to 16th January, 2020. “Our ongoing work and preparations for hosting the 16th Steel Fab 2020 indicate that the upcoming edition will cater to the needs of exhibitors who want to ...
Read More »FTA, Kazakhstan discuss transport cooperation
ABU DHABI / WAM Ahmed Mohammed Sherif Al Khouri, Director-General of the Federal Transport Authority-Land and Maritime, FTA, received Madiyar Menilbekov, Ambassador of Kazakhstan to the UAE, in his office in Abu Dhabi. During the meeting, both sides discussed a range of leading initiatives and projects implemented by the FTA as part of its regulatory and organisational role in the ...
Read More »Dubai South to host new transport and logistics exhibition
DUBAI / WAM Reed Exhibitions will organise SiTL Middle East, a brand-new trade show focused on showcasing the latest developments in the transport and logistics sector, at Dubai South from 16th to 18th November, 2020, to allow government and industry stakeholders from across the Middle East, Africa and South Asia to access leading technologies that increase efficiency and reduce costs ...
Read More »UAE unveils 5-year multi-entry tourist visa
ABU DHABI The UAE cabinet has approved the issuance of a five-year multi-entry tourist visa for all nationalities visiting the country. The decision was made during the cabinet’s first meeting during 2020 the Year of Preparation, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The move comes in a bid ...
Read More »2020 marks start of ‘decade of action’, say policymakers
Abu Dhabi / WAM The year 2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared on Monday ahead of Abu Dhabi Sustainability Week (ADSW). ADSW 2020, one of the largest sustainability gatherings in the world and a ...
Read More »