DUBAI / WAM Emirates Gas, a wholly owned subsidiary of Enoc Group, announced the introduction of new LPG cylinder seals in partnership with Emarat. LPG cylinders supplied in the emirate of Dubai will now have a new shrink-wrapped identification seal on their valves in unique colours which are pink for Emirates Gas and violet for Emarat. The PVC seal is ...

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence and Chairman of the Emirates Cricket Board, and Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, awarded winners of the cricket Workforce Challenge Cup, which took place at the Zayed Cricket Stadium in Abu Dhabi, on the occasion of the International Workers’ Day. ...

ABU DHABI / WAM Multiply Group, an Abu Dhabi-based investment holding company, announced a net profit excluding fair value gains (losses) of AED266 million, marking a 241 percent increase from the same period last year. The Group earned AED303 million in dividends from its public market portfolio, and its operating businesses generated AED269 million in revenue during Q1, an 11.6 ...

ABU DHABI / WAM Abu Dhabi University (ADU) honoured the winners of the  seventh “Arts for Autism” Competition, organised by ADU’s College of Arts and Sciences in collaboration with the Emirates Autism Society, the Ministry of Education, and the Abu Dhabi Music and Arts Foundation. The competition received over 160 art pieces from students across the UAE, with no specific ...

ABU DHABI / WAM Saif Mohammed Al Suwaidi, Director-General of the General Civil Aviation Authority (GCAA), has announced that the number of passengers travelling through the country’s airports during the first quarter of 2023 increased by 56.3% compared to the same period in 2022. This increase indicates the success of the aviation sector in restoring pre-Covid-19 passenger traffic levels. In ...

DUBAI / WAM  His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, directed the dispatch of urgent humanitarian aid to the brotherly Sudanese displaced citizens affected by the recent conflict in their country. His Highness Sheikh Mohammed bin Rashid affirmed that the UAE is always keen to support its ...

BLOOMBERG American Airlines Group Inc and its pilots union are close to reaching an agreement on a new contract after weeks of focussed negotiations. The two sides could have a tentative agreement by the end of this month, said a person familiar with the talks who asked not to be named discussing a private matter. Negotiations will continue even as ...

BLOOMBERG Japan Airlines Co will introduce three new cargo planes for the first time in more than a decade, seeking to diversify revenue by tapping into global and local consumer demand  fueled by e-commerce and parcel delivery. Three new Boeing Co 767-300ER dedicated cargo aircraft will operate starting this fiscal year, which ends in March 2024, the company said in ...

BLOOMBERG Qatar Airways forecast robust travel demand for the rest of the year and said it would look to add more routes, depending on how fast it gets new Airbus SE and Boeing Co jets. The Doha-based carrier has seen leisure and business demand surge after travel restrictions were eased — in line with global industry trends — but continues ...

BLOOMBERG Australia’s central bank signalled further policy tightening ahead after unexpectedly raising interest rates by a quarter-percentage point on Tuesday, sending the currency and bond yields surging. The Reserve Bank of Australia (RBA) increased its cash rate to 3.85%, the highest level since April 2012, in a decision predicted by only nine of 30 economists. Money markets rapidly revised up ...