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Bloomberg Dozens were killed and injured as Russia bombed a major rail evacuation hub on the eastern flank of the territory held by the government in Kyiv, Ukrainian officials said Friday. At least 39 were killed and more than 80 were injured when at least one Russian “Tochka-U” missile with cluster munition hit the main train station in Kramatorsk, a ...

  DUBAI / WAM National Bonds, the UAE’s Shari’a-compliant savings and investment company owned by the Investment Corporation of Dubai, saw its investments increased by 36% to AED11.89 billion in 2021, indicating a positive accelerated growth in the culture of savings in the UAE. The company reported an increase of 64% in sales, attributing the growth to its innovative savings ...

  Dubai / WAM Emirates Global Aluminium (EGA) and Saudi Arabian Mining Company (Ma’aden), Saudi Arabia’s national mining company, signed an agreement to extend their exploration of potential collaboration on technology in the aluminium value chain. Saeed Mohammed Al Tayer, EGA’s Vice Chairman, and Musabbeh Al Kaabi, EGA Board member, witnessed the signing in Dubai by Abdulnasser bin Kalban, EGA’s ...

Dubai / WAM The Vision Pavilion, celebrating the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, will continue to delight and enthral as part of the legacy of Expo 2020 Dubai. The pavilion – one of the undeniable highlights of more than 200 pavilions across Expo ...

Abu Dhabi / WAM Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced a new service to Jaipur, the capital of Rajasthan, starting from May 5. Abu Dhabi travellers will now be able to fly direct to Jaipur International Airport at competitive prices, the airline company said on Thursday. Jaipur or the Pink city, is the capital and ...

Bloomberg India is optimistic about talks next week with the US on military cooperation even as the Biden administration becomes more vocal in rebuking New Delhi over its reluctance to criticise Russia’s war in Ukraine, people familiar with the matter said. Recent public statements from Washington warning India about consequences for purchases of weapons and discounted oil from Russia are ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) on Wednesday announced that, following the completion of the book building and subscription process for its initial public offering (IPO), it has set the final offer price for its IPO at AED2.48 per share. HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, ...

  SHARJAH / WAM Sharjah FDI Office (Invest in Sharjah) has announced that the Sharjah Economic Ramadan Majlis (SERM) will return for its eighth edition on April 19 at the House of Wisdom at 21:00 — 23:00, with the theme ‘Emerging Opportunities in Virtual Investments’. To be held in the presence of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of ...

  ALEXANDRIA / WAM The Arab Sea Ports Federation (ASPF) has concluded its 59th meeting, in which the UAE was elected as President of the Federation, represented by Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group. The meeting was attended by representatives of 16 member states in the Federation, along with Dr Ismail Abdel Ghafar, ...

  Dubai / WAM According to a report during Investopia summit, quantum computing technology is advancing rapidly, and is on track to enable solving more complex business problems through enhanced optimisation, machine learning and simulation. This is bringing transformation potential to multiple industries, making it possible to discover new remedies in life sciences, improve wealth management scenarios in financial services, ...