Abu Dhabi / Emirates Business National Takaful Company (Watania) announced positive financial results in nine month during the financial of 2020, as the company’s net profits are up by 78% compared to corresponding period last year. The company achieved net profit of AED 17.8 million in nine month during the financial year 2020 as against AED 10.0mn in nine months ...

Abu Dhabi / WAM Abu Dhabi has unveiled the Technology Innovation Institute (TII) the dedicated applied research pillar of the Advanced Technology Research Council (ATRC) committed to reinforcing Abu Dhabi and the UAE’s status as a global hub for innovation and advanced technologies. The institute aims to deliver discovery science and breakthrough technologies that have a global impact. It is ...

Abu Dhabi / WAM Dr Hilal Humaid Al Kaabi, Secretary-General of the Abu Dhabi Quality and Conformity Council, QCC, affirmed the services provided by the Construction Materials Laboratory of the Abu Dhabi Quality and Conformity Council contributed to boosting the efficiency and quality of the materials used in building and construction works. He also stated that the collaboration project with ...

Dubai / WAM Jebel Ali Port, DP World’s flagship port handled over five million metric tonnes of metal, steel and construction materials in 2019. At an average, the port has handled around 4.5 million TEU from 2010 to 2019, which equates to 1 billion metric tonnes until 2019. Over 50 million metric tonnes of general cargo has been handled from ...

NIAMEY (Niger) / WAM The Emirates Red Crescent (ERC) inaugurated the “Al Medina Village” in Niger, under the framework of its development initiatives in the west country. With the follow up of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and ERC Chairman, the ERC’s projects in Niger aims to strengthen the efforts of the ...

President Donald Trump’s petulant decision to fire Defense Secretary Mark Esper, via Twitter of course, was both shocking and predictable. It’s shocking that a president who just lost an election would fire a member of his cabinet at the start of what is supposed to be a peaceful transfer of power. Then again, that president is Trump and that defense ...

Hopes for a Covid-19 vaccine breakthrough by the holidays have never been higher, with Pfizer reporting that its vaccine prevented 90% of infections in trials. A vaccine should be available in early 2021 — or possibly earlier — if Pfizer and other strong candidates continuing large-scale clinical trials around the world receive an emergency use authorisation. The big question is ...

Apple Inc’s decision to suspend new business with a key supplier highlights just how hard it is for the world’s biggest tech company to find partners that are both reliable and do the right thing by their workers. The problem may be of its own making. Pegatron Corp won’t get any new contracts after the Taipei-based company was found to ...

As Brexit trade talks enter a make-or-break final negotiating stretch, the impending changes in Washington can’t help but influence things. President-elect Joe Biden isn’t going to express a view over fishing quotas or the impasse on state subsidies. But his election increases the costs for Prime Minister Boris Johnson of a failure in the negotiations. A hard split won’t just ...

Bloomberg France is prepared to further ramp up spending to support any firm, from mom-and-pop shops to its national flag carrier, as rising unemployment and a resurgence of the Covid-19 pandemic cast a longer shadow over the economy. Finance Minister Bruno Le Maire pledged that if needed the state will pump more public money into Air France and expand funding ...