News

  MANILA / WAM The Asian Development Bank (ADB) raised $1.3 billion to help finance climate change mitigation and adaptation projects with the issue of dual-tranche 3-year and 10-year green bonds, following its inaugural green bond issue in 2015. “Scaling up climate financing is essential for the region to keep its commitments to the Paris Agreement, adopted at last year’s ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a cable to Idriss Deby, President of Chad, congratulating him on the occasion of his country’s Independence Day. Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mohamed bin ...

  Sharjah / WAM Air Arabia (PJSC) on Thursday announced strong financial results for the first half of 2016 ending June 30, 2016, reporting a net profit of AED245 million for the first half of 2016 ending June 30, 2016, an increase of 3.5 percent compared to the AED237 million reported for the same period last year. The Middle East and ...

  Dubai / WAM Waha Capital has reported a net profit of AED305.9 million for the first half of 2016. Earnings were driven by solid performance across the business and, in particular, by key investments in Waha Capital’s Principal Investments division and a robust performance from the company’s capital markets portfolio. The company’s asset management division experienced a rise in income, ...

  SHRAJAH / WAM A delegation from the Sharjah Environment and Protected Areas Authority (EPAA) has returned from a week-long visit to The Netherlands and Spain. The visit was part of a research and knowledge-share mission regarding best practices for the conservation of indigenous wildlife and the protection of animals in captivity (zoos). It was also part of the EPAA’s ongoing ...

Dubai / WAM A delegation from the Roads and Transport Authority (RTA) recently visited the Dutch capital Amsterdam, and the German city Stuttgart to get familiarised with the experience of the two cities in smart mobility and autonomous driving. The move is part of the smart mobility strategy aimed at converting 25 percent of total mobility journeys in Dubai into self-driving ...

  Dubai / WAM The Dubai Health Authority (DHA) discussed on Thursday ways of stroke prevention during its smart clinic. Dr. Suhail Al Rukn, stroke and neurology Consultant and head of stroke unit at Rashid Hospital, said: “ Stroke awareness in the UAE is particularly important. Fifty per cent of the stroke patients in the UAE are below the age of ...

  Dubai / Emirates Business Dubai Parks and Resorts announced on Thursday that the region’s largest theme park destination will open its gates to the public on October 31. This unique destination will be comprised of three theme parks – Bollywood Parksâ„¢ Dubai, MOTIONGATEâ„¢ Dubai, and LEGOLAND® Dubai, together with LEGOLAND® Water Park. The destination will also include Riverlandâ„¢ Dubai, ...

  Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) held a graduation ceremony on Thursday at the Park Rotana Hotel in Abu Dhabi for 30 Emirati students enrolled in the eighth Tourism Youth Summer Programme. Supporting this programme is consistent with the Authority’s strategic vision, which aims to provide Emirati students with professional development ...

  Dubai / Emirates Business Cars to be ordered in the next few years by selected Dubai government bodies maintaining huge transportation fleets will be 10% electric and hybrid vehicles in the next few years, as per the new Dubai Green Mobility Initiative Committee. Reporting to the Dubai Supreme Council of Energy, a Dubai Green Mobility Initiative Committee was formed ...