Sharjah / Emirates Business Air Arabia, the first and largest low-cost carrier in the Middle East and North Africa, has won the ‘Low-Cost Airline of the Year’ recognition at the 13th Aviation Business Awards (AVB) gala ceremony held recently in Dubai. Air Arabia was adjudged in the ‘Low-Cost Airline of the Year’ category by an expert panel of industry judges ...
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Innovation in health sector drive launched
CAIRO / WAM Under the theme “Innovate for Health”, the Ministry of Health and Prevention’s (MoHAP’s), Training & Development Centre in Sharjah launched a two-month marketing awareness campaign on innovation in the health sector. The campaign comes in line with the UAE Government trends to enhance the awareness about innovation and to make the culture of innovation an integral part ...
Read More »ADT marks 10mn container milestone at Khalifa Port
ABU DHABI / WAM Abu Dhabi Terminals (ADT), announced that it set a new record by handling more than 10 million containers representing a milestone achievement for Khalifa Port Container Terminal (KPCT1). The record number was achieved serving the MV MSC Alexandra, a vessel belonging to ADT’s long-term partner and customer (MSC) and deployed on the 2M DRAGON/AE20 service. The ...
Read More »UAE, Russia join forces to counter terror, stabilise world oil markets
ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Denis Manturov, Russian Minister of Industry and Trade, co-chaired the 9th meeting of the UAE-Russia Joint Committee, which held in Abu Dhabi on Sunday. Addressing the meeting, HH Sheikh Abdullah stated that the meeting is complementing the works of previous ...
Read More »UAE continues to support education sector in Yemen
Aden / WAM The UAE is continuing to support Yemenis, under the framework of its humanitarian mission to ease their suffering and improve their living conditions, through reinforcing service sectors in the country’s liberated governorates, especially the education sector. The Emirates Red Crescent (ERC), inaugurated Has-Hasa Elementary School in Al Saeed District, Shabwa, with the attendance of Ali Naasan, Director ...
Read More »â€˜Putin’s visit taking place at historic time’
ABU DHABI / WAM Mohammed Khalifa Al Mubarak, Chairman of the Department of Culture and Tourism in Abu Dhabi, stated that the visit of Vladimir Putin, President of Russia, to the UAE is taking place during a historic period when the bilateral ties between the UAE and Russia have witnessed significant progress. Speaking to the Emirates News Agency (WAM), Al ...
Read More »India court halts JSW’s $2.8b purchase of Bhushan Power
Bloomberg An Indian court temporarily halted JSW Steel Ltd’s $2.8 billion purchase of insolvent Bhushan Power & Steel Ltd, a move that hurts the South Asian nation’s effort to clean up the world’s worst bad-debt pile. The National Company Law Appellate Tribunal (NCLAT) ordered a freeze on payment by the Sajjan Jindal-led mill and took objection to the Enforcement Directorate, ...
Read More »India’s state-run firm delivers best trading debut in two years
Bloomberg Indian Railway Catering & Tourism Corp (IRCTC) more than doubled on the first day of trading, the best debut for a mainboard listing since 2017, after its public float emerged as the most sought after for the nation’s state-run firms. Lured by IRCTC’s monopoly status, investor demand exceeded shares on offer by 112 times, eclipsing the government-owned Housing & ...
Read More »Record slump in Chinese auto market continues in September
Bloomberg Chinese auto sales fell in September for the 15th month in 16, extending their unprecedented slump despite government efforts to support the world’s largest car market. Sales of sedans, sport utility vehicles, minivans and multipurpose vehicles dropped 6.6% from a year earlier to 1.81 million units, the China Passenger Car Association (PCA) said. The only increase since mid-2018 came ...
Read More »Tencent streams NBA games as Chinese state TV blackout persists
Bloomberg Tencent Holdings live-streamed two National Basketball Association (NBA) games played outside of China on Monday, even as the nation’s top broadcaster shuns the league because of a controversy around Hong Kong’s pro-democracy movement. The Chinese social media giant aired a game between the Chicago Bulls and Toronto Raptors and another between Maccabi Tel Aviv and Minnesota Timberwolves, according to ...
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