Recent Posts

IFZA-CBD deal to provide exclusive banking solutions

Dubai / WAM IFZA Dubai has entered into a partnership agreement with the Commercial Bank of Dubai (CBD) to provide IFZA free zone companies with quick and convenient access to banking services and financial solutions. Through this partnership, the free zone companies will be able to conveniently and efficiently open special corporate bank accounts as well as obtain personalised services ...

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Sharjah Airport sees 142.7% rise in traffic

  SHARJAH / WAM Sharjah Airport has witnessed a 142.74% rise in the passenger traffic during the first half of 2022, accounting for approximately 6 million travelers. Additionally, the airport saw a considerable growth in the number of flights, with a total of 41,189 aircrafts operating in H1 this year compared to 21,709 in the same period of last year, ...

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Adnoc’s logistics arm buys Zakher Marine International

Abu Dhabi / WAM Adnoc Logistics and Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), announced on Tuesday the acquisition of Zakher Marine International (ZMI), an Abu Dhabi-based owner and operator of offshore support vessels, with the world’s largest fleet of self-propelled jack-up barges. Financial details of the transaction are not being ...

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