ABU DHABI / WAM Etihad Airways, the UAE national airline, and Garuda Indonesia, the national flag carrier of Indonesia, announced they are strengthening their partnership between Abu Dhabi and Jakarta and beyond their respective hubs. The scope of the partners’ codeshare agreement, first signed in 2012, will be significantly expanded to nearly double the number of combined destinations Etihad ...
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Food import costs globally to reach $2 trillion this year: FAO
Rome / WAM Food import costs globally are projected to reach nearly $2 trillion this year, or higher than previously expected, the UN Food and Agriculture Organisation (FAO) said in a report. The new forecast of $1.94 trillion would represent an all-time high and a 10 percent increase over the record level of 2021. However, the pace of increase is ...
Read More »UAE President to attend G20 Summit in Bali, Indonesia
Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan will attend the G20 Summit, which will take place in Bali, Indonesia from November 15-16. Chaired by Indonesian President Joko Widodo, the 17th G20 Heads of State and Government Summit will welcome heads of state and government officials from the world’s leading economies to address major ...
Read More »Abu Dhabi realty deals hit AED21.04bn in Q3
Abu Dhabi / WAM Abu Dhabi’s real estate market witnessed continued growth in the third quarter of 2022, recording 4,441 property transactions amounting to over AED21.04 billion, according to the latest report published by the Department of Municipalities and Transport (DMT). The DMT’s quarterly showed that the emirate recorded 1,995 real estate sales worth AED5.39 billion, and 2,446 mortgage ...
Read More »Sanad, GMF ink landmark deal to set up MRO centre in Indonesia
Bali / Gulf Time Sanad, a global industrial services leader with over 30 years’ expertise in aerospace and wholly owned by Abu Dhabi’s Mubadala Investment Company PJSC (Mubadala), has signed a landmark memorandum of understanding with Indonesia’s GMF, the country’s largest aircraft maintenance company, at the UAE Business Forum which took place on the sideline of this week’s B20 Summit ...
Read More »G20 health ministers agree to establish pandemic fund
BALI / WAM The G20 health ministers have agreed to establish a pandemic fund. The fund will be commonly used to fix the health system and close the budget gap for the following five years, based on how the Covid-19 pandemic has been handled in the previous two years. At the G20updates press conference, Secretary General of the Indonesian ...
Read More »FTA to launch EmaraTax on December 5
Abu Dhabi / WAM Further to the announcements by Federal Tax Authority (FTA) during past weeks, the FTA confirmed its intention to launch the EmaraTax platform on December 5. The migration to EmaraTax will commence from the end of day on November 30 and EmaraTax will be available for use from December 5. To minimise disruption to taxpayers the ...
Read More »UAE cabinet approves convening of government annual meetings
Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE cabinet meeting at Qasr Al Watan Abu Dhabi, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; HH ...
Read More »UAE Federal Tax Authority set to launch EmaraTax on December 5
Abu Dhabi / WAM Further to the announcements by the Federal Tax Authority (FTA) during the past weeks, the Federal Tax Authority confirmed its intention to launch the EmaraTax platform on December 5. The migration to EmaraTax will commence from the end of day on Wednesday, November 30 and EmaraTax will be available for use from December 5. To ...
Read More »Dubai Cares highlights importance of integrating education, climate at COP27
DUBAI / WAM Highlighting the importance of integrating education and climate to achieve global education transformation, Dubai Cares, a civil society organisation formally associated with the United Nations Department of Global Communications, participated at the 27th United Nations Climate Change Conference (COP27). Marking the 30th anniversary of the adoption of the United Nations Framework Convention on Climate Change, COP27 ...
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