News

ADX hits 94% in disclosure compliance

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 ...

Read More »

Saudi, France enter deal to build warships in kingdom

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 ...

Read More »

NBF named best employer brand

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, ...

Read More »

Emirates NBD ranked UAE’s top banking brand with $4.4bn value

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 ...

Read More »

VP, Mohamed attend Idex, Navdex opening

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 ...

Read More »

UAE carriers constitute 54% of Boeing’s deliveries in Mideast

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. ...

Read More »

Costa Rica opens trade promotion office in Dubai

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 ...

Read More »

Dewa reviews progress on K-Station works at Jebel Ali

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 ...

Read More »

Mohamed tours Idex 2019

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 ...

Read More »

Hazza bin Zayed opens Navdex 2019

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 ...

Read More »
Send this to a friend