News

VIENNA / WAM Abu Dhabi has officially been selected to host the 2019 United Nations Industrial Development Organisation (Unido) General Conference, the organisation’s supreme policy-making organ which convenes every two years. The announcement was made following a vote by 53 member states of Industrial Development Board (IDB) at their 46th annual meeting in Vienna where they convened to review implementation ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Sunday, the four percent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Petroleum International Company Ltd, a subsidiary of China ZhenHua Oil Co. Ltd. The ownership change has been approved by Abu Dhabi’s Supreme Petroleum ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), held discussions with a trade delegation from Azerbaijan on developing economic cooperation, promoting mutual investments, exchanging trade missions, and building partnerships between the business communities in Sharjah and Azerbaijan. During the business meeting hosted by the SCCI at its headquarters on Sunday, the two sides reviewed prospects of cooperation ...

Dubai / Emirates Business Emirates Flight Catering, part of The Emirates Group and one of the world’s largest caterers, has been selected to lead the hospitality and operations for the New Zealand pavilion at Expo 2020 Dubai. The New Zealand pavilion restaurant, part of New Zealand’s expansive 2,000sqm Expo 2020 presence, will be central to the country’s participation at Expo ...

Abu Dhabi / Emirates Business Etisalat on Sunday announced the launch of ‘Freedom’, its all-new postpaid plans. The new plans come with the freedom to choose from non-contract or a one-year contract plan offering customers the simplicity, flexibility and great benefits. For the first time in UAE, with Etisalat’s ‘Freedom’ plans customers will no longer have to sign a contract ...

SHARJAH / WAM Sharjah Airport Authority announced the implementation of new baggage rules at Sharjah Airport. The new rules, which will include luggage specifications, will boost operational performance, reduce improper baggage handling and enhance the airport’s competitiveness in the region. The Sharjah Airport notified the representatives of all airlines operating at the Airport about the new policy, and informed them ...

VIENNA / WAM Abu Dhabi has officially been selected to host the 2019 United Nations Industrial Development Organisation (UNIDO), General Conference, the organisation’s supreme policy-making organ which convenes every two years. The announcement was made following a vote by the 53 member states of the Industrial Development Board (IDB) at their 46th annual meeting in Vienna where they convened to ...

New Delhi / WAM A two-day conference to address the root causes of radicalisation and terrorism has provided a shot in the arm to cooperation between the UAE and India against these twin dangers to civilised society and in providing security. The conference was organised during the weekend by the Policy Perspectives Foundation of New Delhi. The conference expressed appreciation ...

Sharjah / WAM The Emirate of Sharjah has announced a budget with total expenses of AED25.7 billion for 2019, marking a 10 percent growth in comparison to its 2018 budget. His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved the spending for 2019, which will see an increase in spending on public ...

Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX), together with General Holding Corporation (Senaat), on Sunday rang the market opening bell to celebrate the listing of the first tranche of Senaat sukuk. Valued at $300 million (AED1.1 billion), it is the first of its kind dual listing between the Abu Dhabi Securities Exchange and London Stock Exchange. The sukuk ...