News

ABU DHABI/ WAM The entry into force of new disciplines on services domestic regulation, announced at the World Trade Organisation (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi on 27th February, is expected to lower trade costs by over US$ 125 billion worldwide. The announcement was made at an event attended by Director-General Ngozi Okonjo-Iweala, Dr. Thani bin Ahmed Al ...

ABU DHABI/ WAM The Ministry of Finance today announced the issuance of Cabinet Decision No. 10 of 2024, amending the schedule of violations and administrative penalties of Cabinet Decision No. 75 of 2023 on the administrative penalties for violations related to the application of Federal Decree-Law No. 47 of 2022 on the taxation of corporations and businesses. Cabinet Decision No.10 ...

MUSCAT/ WAM Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability Affairs, has participated in the Oman Conference for Environmental Sustainability, being held from 26th to 28th February, under the patronage of Sayyid Asa’ad in Tarik Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs and Personal Representative of His Majesty the Sultan. The conference is ...

DUBAI / WAM FIFA President Gianni Infantino has applauded the UAE’s dedication to developing sports medicine, particularly in football. During his visit to the “FIFA Medical Center of Excellence” in Dubai, where Infantino explored its facilities and services for player rehabilitation from UAE and global football personalities. Impressed by the centre’s services, accredited by the Asian and International Football Federations, ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia on the death of the mother of Prince Khalid bin Saad bin Saud bin Abdulaziz Al Saud. His Highness Sheikh Mohammed bin Rashid ...

ABU DHABI / AD MEDIA OFFICE The Department of Health – Abu Dhabi (DoH) has announced that Abu Dhabi has won the bid to host the sixth edition of the World Health Organization (WHO) Emergency Medical Teams Global Meeting (EMT). Taking place in November 2024, the event reaffirms Abu Dhabi’s position as an international hub for emergency medicine and a ...

SHARJAH / WAM The Sharjah Executive Council (SEC) held its weekly meeting, chaired by HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council. The meeting was attended by HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the ...

ABU DHABI / WAM The management of Adnoc Distribution revealed its new 5-year growth strategy at an Investor Day in Abu Dhabi on Monday. Speaking at the Investor Day event, Bader Saeed Al Lamki, CEO of Adnoc Distribution, said, “Adnoc Distribution’s new growth strategy is underpinned by three key drivers: domestic growth, international platforms, and future-proofing the business. In its ...

SHARJAH / WAM Air Arabia (PJSC), the region’s leading low-cost carrier (LCC), soared to new heights in 2023, earning a record-breaking net profit of AED1.5 billion, marking a significant 27% increase compared to the previous year’s AED 1.2 billion. The company in its financial results for the full year ending on December 31, 2023, stated that the airline’s turnover for ...

DUBAI / WAM flydubai announced record-breaking annual results for its financial year ending on December 31, 2023, with net profit reaching AED2.1 billion (US$572 million), an increase of 75 percent compared to 2022, marking the carrier’s strongest-ever performance. Meanwhile, the company’s total annual revenue settled at AED11.2 billion (US$3 billion) compared to AED9.1 billion (US$2.5 billion) in 2022; an increase ...