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DUBAI / WAM Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) announced the arrival of all the 50 new Dubai Metro trains. 15 of these trains, he said, are designated for serving Expo 2020, and the remaining 35 trains are meant to improve the level of service of the ...

Abu Dhabi / WAM The United Arab Emirates sent an aid plane containing 12 metric tonnes of medical supplies, testing kits and ventilators to Jordan. The aid will assist approximately 12,000 medical professionals as they work to contain the virus. Ahmed Ali Al Balushi, UAE Ambassador to the Hashemite Kingdom of Jordan, said: “In continuation of the UAE’s efforts to ...

Dubai / WAM With the global oil and gas industry looking for improved efficiencies in a post-Covid world, exhibitors at Adipec 2000 Virtual, the world’s largest online industry gathering, say automation will be the key driver of future remote hydrocarbon operations. The forecast comes as the industry readies to probe how it can build for future business resilience through technology, ...

Bloomberg Joseph Robinette Biden Jr has defeated Donald Trump to become the 46th US president, unseating the incumbent with a pledge to unify and mend a nation reeling from a worsening pandemic, faltering economy and deep political divisions. Biden’s victory came after the Associated Press, CNN and NBC showed him winning Pennsylvania and gaining more than the 270 Electoral College ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday met with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. During the meeting, both sides discussed several national issues related to ...

Dubai / WAM Dr Bernd van Linder, Chief Executive of Commercial Bank of Dubai (CBD) rang the market-opening bell at Nasdaq Dubai on Wednesday to celebrate the listing of a $600 million AT1 conventional bond. The six-year bond with a 6 percent interest rate was 2.1 times subscribed, and allocated to investors in the Middle East (61%), Europe (24%) and ...

Abu Dhabi / WAM Dr Omar Abdulrahman Al Hammadi, Official Spokesman of the UAE Government said that this week, 803,579 tests were conducted around the country, a three percent increase compared to the previous week, adding that the data showed a 15 percent decrease in confirmed cases, amounting to 8,525. Dr Al Hammadi explained the data and statistics collected by ...

Dubai / WAM DP World, UAE Region has announced that its Mina Rashid has won the award for the Middle East’s Leading Cruise Port for the 13th consecutive year at the World Travel Awards (WTA), 2020. Considered as a noteworthy accolade in the travel industry, the award included nominations of cruise ports from around the world. Commenting on the announcement, ...

Bloomberg Shares of Vestas Wind Systems A/S, the world’s biggest wind-turbine maker, fell the most in three years as investors weighed the impact of the US election on the renewable energy sector. Shares fell as much as 13% before recovering some losses; down 7.7% in Copenhagen. The wind turbine maker posted a stronger-than-expected profit in the third quarter on Wednesday. ...

Bloomberg Chinese President Xi Jinping is expected to lay out his plans for a more innovation-driven and self-reliant economy on a tumultuous day for investors. Xi was scheduled to deliver a speech at the opening of the China International Import Expo on Wednesday in Shanghai, an annual event he has used since 2018 to tout China’s importance in global trade. ...