ABU DHABI / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, on Tuesday announced that its Al Taweelah alumina refinery, the first in the UAE, has delivered sustained monthly production at or above nameplate capacity each month for the past three months. The milestone marks the completion of a world-class ramp-up of ...
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Sharjah, Latvia explore prospects for investment partnerships
SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) and the Embassy of Latvia in the UAE have highlighted the importance of organising joint events and exchanging visits between trade delegations to enhance the economic and investment cooperation between the two friendly countries. This came during the meeting between Abdullah Sultan Al Owais, Chairman SCCI, and Atis Sjanits, ...
Read More »Etihad offers two tickets for price of one
ABU DHABI / WAM Etihad Airways has announced the launch of its New Year’s sale — get two tickets for the price of one. Fares from Abu Dhabi to Istanbul start from AED 1,790, Dublin from AED 3,830 and Toronto from AED 5,790. The sale extends across all of Etihad’s cabins, with return Business fares starting from AED 8,750 out ...
Read More »DGCX trades 12.73m contracts in 2020
Dubai / WAM The Dubai Gold & Commodities Exchange (DGCX) on Tuesday announced that it traded 12.73 million contracts in 2020, and recorded a yearly AOI of 220,504 contracts. Open interest refers to total number of outstanding contracts at the end of the trading day and is a strong indicator of an exchange’s success. Additionally, the best performing product in ...
Read More »GCC relations from Sheikh Zayed’s ideology to Al Ula
ABU DHABI / WAM “Gulf Cooperation Council (GCC) countries share the same destiny,†this is a phrase followed by the UAE in words and actions from the first GCC summit held on Monday, May 25, 1981, to the 41st GCC Summit held in Al Ula, Saudi Arabia. The UAE still believes that GCC countries share the same destiny, as the ...
Read More »EGA’s Al Taweelah refinery reaches nameplate capacity
Abu Dhabi / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, on Tuesday announced that its Al Taweelah alumina refinery, the first in the UAE, has delivered sustained monthly production at or above nameplate capacity each month for the past three months. The milestone marks the completion of a world-class ramp-up of ...
Read More »Etihad Airways offers two tickets for price of one in New Year’s sale
Abu Dhabi / WAM Etihad Airways announced the launch of its New Year’s sale – get two tickets for the price of one. Fares from Abu Dhabi to Istanbul start from just AED1,790, Dublin from AED3,830 and Toronto from AED5,790. The sale extends across all of Etihad’s cabins, with return Business fares starting from AED8,750 out of Abu Dhabi to ...
Read More »Irthi explores new avenues for traditional crafts
Sharjah / WAM Irthi Contemporary Crafts Council, an affiliate of the Nama Women Advancement Establishment, has broadened the global appeal of the UAE’s timeless, indigenous craft traditions through collaborations with entities at the forefront of the international design and cultural landscape. Teaming up with Dezeen, an influential architecture and design magazine and digital platform, Irthi showcased a selection of its ...
Read More »Trump’s phone call is what coup fever looks like
Like the little boy haunted by ghosts in the horror movie “The Sixth Sense,†President Donald Trump sees dead people everywhere. He thinks at least 5,000 of them voted in Georgia during the presidential election and were part of a broader conspiracy that deprived him of a victory in the state. In an unhinged, extraordinary phone call with Georgia Secretary ...
Read More »Indonesia’s unicorn marriage is ‘risky’
An $18 billion merger between Indonesia’s transportation king Gojek and e-commerce giant PT Tokopedia would create the kind of champion Southeast Asia’s largest nation deserves. The real synergies may be hidden below the surface, just like the landmines they face. Both are ready for a possible deal, with a view towards an initial public offering, Bloomberg News wrote on Tuesday. ...
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