News

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX), announced that it has succeeded in achieving a compliance rate of 94 percent regarding the disclosure of the annual preliminary financial reports 2018 of its listed public joint stock companies within the deadline of 45 days from the end of the financial period. 61 out of 65, local and foreign, public ...

Bloomberg Saudi Arabian Military Industries and France’s Naval Group SA entered a joint venture (JV) to develop vessels in the kingdom, which seeks to promote local manufacture of armaments. The Saudi government-backed firm will hold a 51 percent stake and the French naval defense company will have the rest. The new company will develop, engineer and manufacture frigates, corvettes and possibly ...

DUBAI / WAM National Bank of Fujairah (NBF), announced that it received three accolades at The Gulf Employee Experience Awards in recognition of its outstanding HR management. The bank received the “Overall Experience” award for the best entry, “Employee Engagement and Happiness” award and the “Employee Insight and HR Metrics” award while ranking second in the “Employee Empowerment” award. Last week, ...

DUBAI / WAM Emirates NBD on Sunday announced its position as the UAE’s most valuable banking brand with a $4.04 billion brand valuation in The Banker’s annual brand valuation league table. The bank also secured a spot among the top 100 global banking brands and was ranked second in the Middle East and Africa region. Emirates NBD was ranked seventy-sixth ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have attended the opening of the 14th International Defence Exhibition and Conference (Idex), and ...

Abu Dhabi / WAM Boeing delivered 39 airplanes in 2018 to its regional customers in the Middle East, 21 of which were to UAE carriers, according to Bernard J. Dunn, President, Boeing Middle East, North Africa and Turkey. In an exclusive interview with the Emirates News Agency (WAM), Dunn described 2018 as a ‘great year’. “2018 was a great year. ...

Dubai / WAM Costa Rica’s Foreign Trade Promotion Agency (PROCOMER, opened a new representative office at Dubai Chamber of Commerce and Industry’s headquarters which aims to promote bilateral ties and identify opportunities in the UAE that Costa Rican companies can benefit from. The inauguration ceremony was held in the presence of Maria del Pilar Garrido Gonzalo, Minister of Planning and Economic ...

Dubai / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (Dewa), inspected the third phase of K-Station at the Jebel Ali Power and Desalination Complex, which is one of the main pillars that provides Dubai with reliable, efficient, and high-quality electricity and water. Al Tayer was briefed on the progress of the project, which ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, inspected the 14th International Defence Exhibition and Conference (Idex 2019), which began on Sunday at the Abu Dhabi National Exhibition Centre (Adnec). During his tour, His Highness Sheikh Mohamed bin Zayed visited the pavilions of ...

Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, inaugurated the 5th Naval Defence and Maritime Security Exhibition, Navdex 2019, at the Abu Dhabi National Exhibition Centre (Adnec). His Highness toured the exhibition, which boasts a record of over 100 companies participating from over 20 countries, of which four countries are ...