News

Abu Dhabi / Emirates Business Adnoc Distribution, the UAE’s largest fuel and convenience retailer, on Monday revealed its next generation ‘Adnoc On the go’ station. Smart technology enabled, ‘Adnoc on the go’ brings Adnoc Distribution closer to its customers and the communities that it serves, allowing smaller neighborhood stations to be installed where traditional stations would be impractical. ‘Adnoc on ...

Dubai / Emirates Business Emirates’ first remote check-in terminal, outside of the airport, was opened on Monday to provide seamless connections for cruise passengers. The Emirates check-in counters, located at Port Rashid, will allow passengers who are disembarking from their cruise ships to check in for their onward Emirates flight at the same facility. The new service will further enhance ...

SHARJAH / WAM The 10th edition of Sharjah Stamp Exhibition, organised by Emirates Philatelic Association, is set to kick off from November 19-23 at Mega Mall Sharjah. The event will bring together enthusiasts and collectors of rare stamps from the UAE and other countries of the world. The event aims to shed light on the cultural legacy and long postal ...

ABU DHABI / Emirates Business Etisalat on Monday announced the launch of its new ‘Freedom Unlimited’ plans, offering postpaid customers – for the first time in the UAE – unlimited local and international calls on select plans. With the new ‘Freedom Unlimited’ plans, postpaid customers can choose a plan, based on their need and enjoy complete freedom from calling limits. ...

LONDON / WAM Intercontinental Exchange, Inc., a leading operator of global exchanges and clearing houses and provider of data and listings services, on Monday announced that it will launch a new exchange, ICE Futures Abu Dhabi (IFAD), to host the world’s first futures contracts based on Abu Dhabi National Oil Company’s (Adnoc), Murban crude oil. On November 4, Abu Dhabi’s ...

KHAWKHAH / WAM The UAE, represented by its humanitarian arm, the Emirates Red Crescent (ERC), inaugurated a new school in Khawkhah District, which will serve 800 students. The ERC will also launch eight other schools in the coming weeks, bringing the total number of academic establishments restored and furnished by the UAE in the Red Sea Coast to 36. The ...

Bloomberg Ten coal-fired power plants near India’s capital of New Delhi are poised to miss a December deadline to install pollution control devices that would have curbed premature deaths linked to toxic emissions. Eight of the plants, whose operators include Vedanta Ltd, Larsen & Toubro Ltd (l&T) and Uttar Pradesh Power Corp, have yet to order the required flue-gas desulfurisation ...

Bloomberg Shares of Chinese electric-car makers fell in the wake of a Bloomberg News report that said regulators may cut subsidies further on the embattled industry. BYD Co, China’s biggest maker of new energy vehicles, slid 2.8% in Hong Kong. BAIC BluePark New Energy Technology Co, the country’s biggest maker of pure electric cars, retreated 2.9% in Shanghai, while Contemporary ...

Bloomberg India’s Hindalco Industries Ltd posted a 33% decline in quarterly profit as a slide in metal prices and weak demand squeezed margins. Group net income fell to 9.74 billion rupees ($136 million) during the three months ended in September from 14.5 billion rupees a year earlier, the aluminum and copper producer run by billionaire Kumar Mangalam Birla said. Sales ...

Bloomberg Singapore pledged more incentives to encourage green lending, measures that may propel its way in a race to be a global sustainable-financing hub. The city-state will launch a $2 billion green investments programme, according to Monetary Authority of Singapore board member Ong Ye Kung. The central bank’s funds will go to projects with a “strong green focus,” and to ...