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Etihad Airways, China Eastern strengthen strategic cooperation

SHANGHAI / WAM Etihad Airways and China Eastern Airlines signalled their intent to strengthen their partnership by signing a Strategic Cooperation memorandum of understanding (MoU), to enhance commercial and operational ties. The accord reflects a commitment to explore a deepened cooperation that will provide travellers with wider choices, higher quality services, and increased value, while contributing to sustainable aviation. Building ...

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Aldar, Yellow Door Energy to provide 34MW of solar power

ABU DHABI / WAM Aldar Properties has partnered with Yellow Door Energy, a leading sustainable energy organisation, to bring solar power to 45 properties across the UAE, supporting the UAE Net Zero by 2050 Strategic Initiative and Abu Dhabi’s 2030 Energy Strategy. The partnership between Aldar and Yellow Door Energy was signed by Salwa Al Maflahi, Aldar’s Director of Sustainability ...

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UAE leaders condole Chinese President over earthquake victims

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolence to President Xi Jinping of the People’s Republic of China over the victims of the earthquake that struck northwestern China and resulted in several deaths and injuries, wishing a speedy recovery for all the injured. His Highness Sheikh Mohammed bin Rashid ...

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Novo Nordisk stock to not stop Denmark from lagging Europe

BLOOMBERG Blockbuster obesity drug maker Novo Nordisk A/S became more valuable than Denmark’s economy in 2023, but that wasn’t enough to prevent the domestic stock index from underperforming this year. The blue-chip OMX Copenhagen 25 gauge has limped to a gain of about 4%, despite the nearly 45% pop in the shares of Novo, its biggest-weighted stock. That’s far below ...

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Yen drops, global bonds gain as Bank of Japan holds rate

BLOOMBERG The yen slumped and global bond yields slid after the Bank of Japan (BOJ) signalled it’s in no hurry to remove negative interest rates. Japan’s currency fell as much as 1.3% to a one-week low against the dollar, while the Nikkei 225 equity index rallied to a two-week high, after the BOJ held rates at -0.10%. Treasury 10-year yields ...

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With the participation of star doctors from around the world in Medical Tourism Exhibition: The stem cell revolution begins in Dubai

DUBAI/ GULF TIME Medical Wellness Tourism held a medical tourism exhibition at the Marriott The Palm Resort in Dubai, with the participation of the largest clinics and the most famous doctors from several countries around the world. This exhibition comes to attract doctors from all over the world, such as Japan, South Korea, Thailand, Malaysia, Germany, Switzerland, Denmark, and Turkey, ...

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Kings Aluminium commences construction of AED750mn facility in KEZAD

ABU DHABI/ WAM Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and Kings Aluminium Industries today announced the commencement of construction for a state-of-the-art aluminium manufacturing and recycling facility in KEZAD. With a total investment of AED 750 million by Kings Aluminium Industries, the facility in KEZAD will be spread across 100,000 ...

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Etihad Airways, Maldivian announce strategic bilateral interline partnership

ABU DHABI/ WAM Etihad Airways and Maldivian have announced a strategic bilateral interline partnership, unlocking access to 16 holiday destinations in the Maldives beyond the main island of Malé. The agreement between Etihad and Maldivian, the national airline of the Maldives, means guests can now navigate across the Indian Ocean archipelago, enjoying the combined services and networks of both carriers ...

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