ABU DHABI / WAM Abu Dhabi Developmental Holding Company (ADDH), announced on Monday that it concluded the definitive agreement with its partner Wizz Air Holdings, Europe’s fastest growing and greenest airline, to jointly establish Wizz Air Abu Dhabi. The low-cost airline is set to launch its operations at Abu Dhabi International Airport in Fall 2020. The agreement is a major ...

SHARJAH / WAM Dana Gas on Monday issued a trading update to shareholders noting that its growth plan and operations remain unaffected by coronavirus (Covid-19), developments. The company went on to note that precautionary measures and contingency plans were put in place to safeguard personal and assets. Dana Gas has robust operations and cash flows since a large part of ...

DUBAI / WAM The National Bank of Fujairah (NBF), announced its partnership with Ripple, a leading enterprise blockchain company, to enact easy and seamless cross-border payments through the RippleNet platform. According to a press release issued by the NBF on Monday, the bank’s customers, through this blockchain solution, will now be able to conduct secure and real-time payments with clear ...