ABU DHABI / WAM Abu Dhabi Ports on Thursday announced major initiatives to address concerns of its customers across its industrial and economic zone subsidiaries in these uncertain times. The relief package includes several measures for existing customers, including a three-month rent deferment for Q2, a freeze on late payment penalties and an exemption from Tawtheeq fees. The measures are ...

Dubai / WAM The Ministry of Finance (MoF) announced the launch of the upgraded version of the Emirates Gate system for government financial statistics reports. First launched in 2012, the updated system is part of the recommendations of the Government Financial Policy Coordination Council, which is chaired by Younis Haji Al Khoori, Under-Secretary of MoF, Chairman of the Government Financial ...

DUBAI / WAM DP World announced on Thursday that it handled 17.2 million twenty-foot equivalent units, TEU, across its global portfolio of container terminals in the first quarter of 2020. It noted that gross container volumes decreased by 1.7 percent year-on-year on a reported basis and up 0.3 percent on a like-for-like basis. Reported volumes declined in Asia Pacific and ...