DUBAI / WAM The second meeting of the Executive Committee of the Saudi-Emirati Coordination Council will begin on Monday in the Saudi capital, Riyadh, under the framework of implementing a joint integration vision between the UAE and Saudi Arabia in terms of the economy, development and the military, as well as to intensify their cooperation on issues of common interest. ...
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UAE, only Arab country to win UPU award three times
DUBAI / WAM Emirates Post announced that it won its third International Express Mail Services (EMS) accolade for outstanding Customer Services, making the UAE the only Arab country to win the award three times. Granted by the EMS unit of the Universal Postal Union (UPU), the award reaffirms the organisation’s position as leading postal, express delivery and courier firm that is ...
Read More »Saudi Arabia unveils pavilion design for Expo 2020
Dubai / WAM The Kingdom of Saudi Arabia revealed on Sunday the design of its pavilion for the upcoming Expo 2020 Dubai. The pavilion will be second in size only to that of the UAE pavilion, covering an area the size of two football pitches. The pavilion’s design is “distinctive and memorable†symbolising Saudi Arabia’s “welcoming character, long heritage and ...
Read More »Smart portal for visiting medical consultants launched
Dubai / WAM The Ministry of Health and Prevention (MoHAP), has launched an online portal for visiting medical consultants. The portal will assist consultants by providing access to patient information, hospital departments, and other critical information needed to treat patients. Dr Mohamed Salim Al Olama, MOHAP Under-Secretary, said that the portal is part of the government excellence system, as well as ...
Read More »Emirates to deploy latest Boeing 777-300ER aircraft on Riyadh, Kuwait route
Dubai / WAM Emirates airline announced that it will be operating its latest Boeing 777-300ER aircraft fitted with the ‘Game Changer’ First Class suites from Dubai to Riyadh starting from April 16, and Kuwait starting from June 1. Adil Al Ghaith, Senior Vice President Commercial Operations Gulf, Middle East & Iran, said that the Kingdom of Saudi Arabia and Kuwait ...
Read More »Abu Dhabi pension fund acquires 3% stake in Adnoc Oil Pipelines
Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Sunday that it has entered into a follow-on pipeline infrastructure investment agreement with the Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF). ADRPBF will invest AED1.1 billion ($300 million), following BlackRock and KKR who in February of this year signed the initial investment agreement to invest AED14.7 ...
Read More »UAE to host global ‘Ai Everything’ summit
Dubai / WAM The UAE is set to host the world’s foremost artificial intelligence summit to empower global dialogue on the future of government, business and society. The inaugural ‘Ai Everything’ will take place at the Dubai World Trade Centre (DWTC), between April 30 and May 1. Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, ...
Read More »India’s RCom denies France gave waiver on unit’s tax dues
Bloomberg Reliance Communications Ltd denied it received favourable treatment by France in settling a tax dispute at a time when it was negotiating to become Dassault Aviation SA’s partner for a contract to sell fighter jets to India. The Indian company, owned by former billionaire Anil Ambani, issued the denial after Le Monde newspaper reported that four years ago France ...
Read More »Arcelor’s $6 billion Essar deal halted by India’s top court
Bloomberg ArcelorMittal’s plan to buy a bankrupt Indian steel company for $6 billion was halted temporarily by the nation’s top court, further delaying tycoon Lakshmi Mittal’s efforts to enter the world’s second-biggest market. The Supreme Court ruled that Essar Steel India Ltd’s current status has to be maintained, pending a review by a bankruptcy tribunal hearing appeals related to the ...
Read More »Three Gorges to scale back $10.3b EDP bid
Bloomberg China Three Gorges Corp is planning to scale back its 9.1 billion-euro ($10.3 billion) takeover offer for EDP-Energias de Portugal SA amid concerns about political hurdles and valuation, people familiar with the matter said. The state-owned firm is evaluating smaller alternative transactions that exclude US assets of EDP, which are the most likely to trigger regulatory opposition, the people ...
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