Abu Dhabi / WAM Abu Dhabi National Insurance Company (Adnic), announced its financial results for the first half of 2018 on Wednesday. Adnic reported a net profit of AED150.5 million for the period, up 17.1 percent year-on-year. Commenting on the results, Sheikh Mohamed bin Saif Al Nahyan, Chairman of Adnic, said, “On behalf of the Board of Directors, I am ...
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Oil falls as trade war risks persist
Bloomberg Oil fell to the lowest in more than a week amid a surprise jump in US crude inventories and an escalating trade dispute between the US and China. Futures in New York fell as much as 1.4 percent. The American Petroleum Institute was said to report US stockpiles rose 5.59 million barrels last week. Meanwhile, the US will propose ...
Read More »Emirates, Italy’s Trenitalia sign codeshare pact
DUBAI / Emirates Business Emirates and Trenitalia, Italy’s national railway company, on Wednesday announced a new codeshare agreement which will enable Emirates customers from across its worldwide network to discover new destinations across Italy. With just one easy-to-book ticket, travellers will be able to fly on Emirates and reach some of Italy’s most picturesque cities and towns using high speed, ...
Read More »ADFSC agricultural supply centres’ sales up 22.6%
Abu Dhabi / WAM The agricultural supply centres of the Abu Dhabi Farmers Services Centres (ADFSC) achieved a growth of 22.6 percent in their sales of agro-inputs, veterinary products and tools and equipment during the first half of 2018, compared to the same period of 2017. The ADFSC marketed 14.6 tonnes of fresh vegetables produced by farms in the first ...
Read More »Sheikh Zayed established legacy of tolerance: Nahyan
ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, said that Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, had established the legacy of tolerance that is unique in the region and the entire world. “This legacy enabled the country to host over 200 nationalities, who live with dignity and respect and work with ...
Read More »ADIHEX to celebrate legacy of Sheikh Zayed
Abu Dhabi / WAM The 16th edition of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) will be held from September 25-29 at the Abu Dhabi National Exhibition Centre (Adnec). Held under the patronage of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Falconers’ Club, this year’s exhibition with ...
Read More »EPA keen to bring UAE, Brazil publishing markets closer
SHARJAH / WAM Established in Sharjah a decade ago, the Emirates Publishers Association (EPA) has been taking the lead in representing the interests of UAE’s publishers, offering a great boost to the country’s fast-growing publishing industry. In continuation of its efforts to bring the global community of publishers together and open new avenues for networking and exchange, the EPA will ...
Read More »ERC intensified assistance to Yemen in July
ABU DHABI / WAM The Emirates Red Crescent (ERC) intensified its efforts to provide humanitarian and relief assistance to Yemen in July, especially in Hodeidah Governorate and the Red Sea Coast, by distributing thousands of tonnes of food baskets, to ease the suffering of the Yemeni people caused by the Houthi militias. The ERC is continuing its efforts to treat ...
Read More »Dubai highlighted as strategic hub for Belarusian food exporters
DUBAI / WAM The Dubai Chamber of Commerce and Industry recently participated in a seminar held in Minsk, Belarus, where representatives from the chamber’s Azerbaijan office highlighted the business potential that Dubai can offer Belarusian food exporters. The seminar, organised by the Belarus Chamber of Commerce and Industry, aimed to familiarise participants with guidelines governing halal food products that are ...
Read More »Dubai welcomes over 8mn tourists in first half of 2018
Dubai / Emirates Business Dubai welcomed a record 8.10 million international overnight tourists during the first six months of 2018, representing a consistent increase on the same period last year. Figures released by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) have confirmed the continued success of the emirate’s tourism sector, which at the end of 2017 was worth ...
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