Abu Dhabi / WAM Etihad Cargo, the cargo and logistics arm of Etihad Airways, has signed a memorandum of understanding (MoU) with Astral Aviation Ltd to expand the partnership between the two parties and enhance the cooperation between Abu Dhabi and Nairobi, further growing Etihad Cargo’s reach into the African market. Through the comprehensive MoU, Etihad Cargo’s customers will ...
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UAE President orders $100m aid for quake victims in Syria, Türkiye
Abu Dhabi / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ordered the provision of $100 million for the relief of those affected by the earthquakes in the sisterly Syrian Arab Republic and the friendly Republic of Turkiye. His Highness’s initiative includes providing $50 million to the brotherly Syrian people affected by earthquakes, in addition to ...
Read More »Ducab Metals exports 95% of its products to 55 global markets
Abu Dhabi / WAM Mohamed Al Ahmedi, CEO of Ducab Metals Business, has said that the company aims to promote products that bear the “Made in the UAE” brand by exporting 95 percent of its products to more than 55 markets around the world. In a statement to the Emirates News Agency (WAM), Al Ahmedi highlighted the company’s ambition through ...
Read More »Khalifa Port achieves new Guinness World Record
Abu Dhabi / WAM Khalifa Port in Abu Dhabi has set a new Guinness World Record for the largest shipping container logo by assembling 676 containers in the shape of AD Ports group’s logo. The total length of the logo was 1,000.4 meters and width was 174 meters, nearly double the previous record set by Tanjong Pagar Terminal in ...
Read More »Investors’ choices shape future of economy in region, world
Sharjah / WAM Mohammed Juma’a Al Musharrakh , Chief Executive Officer of the Sharjah FDI Office (Invest in Sharjah), highlighted the rich investment options and promising opportunities available in the UAE, noting that investors’ choices help shape the future of the region and the entire world. In a statement to the Emirates News Agency (WAM) on the occasion of ...
Read More »UAE ministry amends mechanism of achieving Emiratisation targets
Dubai / WAM The Ministry of Human Resources and Emiratisation (MoHRE) announced on Tuesday amendments to the mechanism of achieving Emiratisation targets in private sector companies with 50 employees or more, in line with the amendments of the provisions of Cabinet Resolution No. 5/19 for 2022. Companies will now be required to increase Emiratisation in skilled jobs by 1% ...
Read More »Aafi invests AED35mn on its food processing unit in Ras Al Khaimah
Ras Al Khaimah / WAM Ras Al Khaimah Economic Zone (Rakez) continues to support big players in the agri-tech sector with the setting up of Al Amir Food Industries’ (Aafi) 13,500 m2 processing unit for healthy pulses and spices. With an investment of AED35 million in its new factory at Al Ghail Industrial Zone, the Indian company will create ...
Read More »Imdaad to provide cleaning services to DFWAC
Dubai / WAM Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services, has secured a contract to provide comprehensive common area cleaning services, along with room attendant services, to the Dubai Foundation for Women and Children (DFWAC), the first licensed non-profit shelter in the UAE for women and children. Under its year-long agreement with DFWAC, ...
Read More »â€˜Al-Shaqi’ champion of Sheikh Zayed Festival 60- foot sailing bearings
Abu Dhabi / Gulf Time “Al- Shaqi†owned by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, crowned as the champion of the Sheikh Zayed Festival for 60- foot sailing bearings, in the first round of this category, which was launched by the Abu Dhabi Marine Sports Club. The race was held under ...
Read More »London house prices flatline in worst performance since 2019
Bloomberg London house prices flatlined, recording their worst performance in more than three years, one of the UK’s biggest mortgage lenders said. The cost of an average home in the capital hit £530,396 ($637,720) in January, unchanged from a year earlier, according to Halifax. This was the slowest rate of growth since November 2019, when prices fell by 1% ...
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