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Adib receives e-marketplace champion award

  Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib) has received the e-Marketplace Champion Award for its excellence in digital adoption from blockchain-powered e-Marketplace TradeAssets. With TradeAssets platform, Adib has secured 130 deals with total value of over $128 million till date and 11 banks from Bangladesh. Abdulla Shehhi – Global Head International Business Group (IBG), at Adib, said, ...

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AstraZeneca, G42 unit partner to manufacture drugs in Abu Dhabi

Abu Dhabi / WAM Building on the ongoing efforts of the Department of Health – Abu Dhabi (DoH) in spearheading Abu Dhabi’s healthcare ecosystem, AstraZeneca, a science-led biopharmaceutical company, and G42 Healthcare, an AI-powered healthcare company, signed a strategic partnership agreement to locally manufacture innovative drugs in Abu Dhabi. The binding agreement focuses on collaboration in four key areas including ...

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Momentum Group set to foray into Dubai market

  Dubai / Gulf Time After having firmly entrenched itself the world over Momentum Group is all set to foray in the multicultural cosmopolitan Dubai market which is synonymous with the posh shopping malls, penthouses and where the real estate and tourism activity is fast returning to normal. The three-decade old group under the able guidance of Gamal El Hakim ...

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Adib gets e-Marketplace Champion Award

  Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib) received the e-Marketplace Champion Award for its excellence in digital adoption from blockchain-powered e-Marketplace TradeAssets. With TradeAssets platform, Adib has secured 130 deals with total value of over $128 million till date and 11 banks from Bangladesh. Abdulla Shehhi – Global Head International Business Group (IBG), at Adib, said, “Adib ...

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ALC launches ‘Scan and Learn Arabic’ smartphone app

Abu Dhabi / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has helped develop an innovative new app that encourages adoption and mastery of the Arabic language. The ‘Scan and Learn Arabic’ app, launched in collaboration with Abu Dhabi’s Department of Community Development (DCD) and Department ...

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London City airport dials back plans for 40% hike in capacity

  Bloomberg London City airport dialed back proposals for more early-morning and Saturday flights in a bid to make its plans to lift capacity by almost 40% more palatable to planning officials and local people. The terminal, favoured by business travellers for its proximity to London’s financial districts, is sticking with an application to raise its annual passenger cap to ...

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Rolls-Royce engine key to zero-carbon shift ready for trials

  Bloomberg Rolls-Royce said a new aircraft engine designed to slash carbon production over coming decades is ready to be fired up in ground-based tests. The demonstrator turbine for the so-called UltraFan program has completed assembly and been transported to Rolls’s purpose-built Testbed 80 in Derby, England, where it has been mounted in preparation for activation early next year, the ...

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Boeing races to win Congress reprieve for 737 Max models

  Bloomberg US congressional leaders are poised to exempt two Boeing Co 737 Max models from a new cockpit requirement that would take effect next week, a victory that would help the planemaker avoid an expensive redesign and potentially lengthy certification delays for the jets. Lawmakers were expected to include the controversial provision in the so-called omnibus bill expected to ...

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