News

Bloomberg US job growth in May vaulted payroll gains above 1 million in 2018, reaching the milestone a month earlier than in the past two years. Whether the labor market can maintain such a breakneck pace amid a diminishing pool of skilled workers is another question. Employers added 223,000 jobs last month, more than forecast and bringing payroll gains for ...

ABU DHABI / WAM The Arab Coalition in Support of Legitimacy in Yemen has said that the Iranian-backed Houthi militias are currently suffering from wide isolation and facing difficulty in enlisting recruits, a fact reflected in the great losses they sustained in the Yemeni districts of Al-Hodeidah and Saada. In a news conference in Saudi Arabia, the official spokesman of ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) and the International Association of Exhibitions and Events (IAEE) signed a Memorandum of Understanding (MoU) to cooperate on organising a number of Certified in Exhibition Management (CEM) learning programme courses in 2018. The MoU states that a minimum of nine IAEE CEM learning programme courses will be organised, in ...

DUBAI / WAM The health of the UAE’s non-oil private sector improved at the fastest rate in four months in May. Sharper growth in both output and new orders were the key drivers behind the latest expansion, according to the latest UAE PMI survey. Furthermore, new export business reached a 30-month high alongside reports of stronger demand from neighbouring GCC ...

ABU DHABI / WAM Effective from October 1, Etihad Airways will operate the Airbus A380 on its second daily service linking Abu Dhabi and Paris Charles de Gaulle. This will transform the airline’s operation between the UAE and Fance into a year-round all-A380 service, joining London Heathrow as the second European destination enjoying daily multiple visits by Etihad’s award-winning double-decker ...

Bloomberg Emirates, the world’s biggest long-haul carrier, can’t understand why robots — like the ones used by Amazon.com Inc.’s warehouses — aren’t handling airport baggage yet. Outlining what automation, artificial intelligence and big data can do for air travel, the carrier’s President Tim Clark laid out a vision in which robots, with no need for human intervention, would ID bags, ...

SHARJAH / WAM Dana Gas announced that, following the launch on May 22 of a Tender Offer and Consent Solicitation / Exchange Offer to consider approval for the terms and conditions of an offer for the restructuring and refinancing of its US$700 million Sukuk Al-Mudarabah, the Sukuk certificate holders have overwhelmingly approved the transaction. As of June 1, the ‘early ...

ABU DHABI / WAM Dubai Carbon has honoured Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, with a framed copy of The Sustainabilist magazine to acknowledge his contribution to achieving the UAE’s sustainable development goals. Dr Al Zeyoudi led the development of the National Climate Change Plan of the UAE 2017-2050, spearheaded establishment of Emirates Committee ...

YEMEN / WAM The Department of Moral Guidance affiliated with the Yemeni Resistance group Al-Amalaqah Brigades (Arabic for Giants), has conducted a series of rehabilitation sessions for Houthi prisoners of war – most of whom are children – providing them with psychological support to cope with the effects of war captivity and trauma. The prisoners were captured in recent confrontations ...

Abu Dhabi / WAM The National Corporate Social Responsibility Fund has signed three Memoranda of Understanding (MoUs), with the ministries of infrastructure development, climate change and environment, and community development, with the aim of monitoring and implementing social responsibility projects and programmes and reinforcing the cooperation between relevant authorities to promote corporate social responsibility, as part of the National Strategy ...