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US futures tick higher before data; oil climbs

  Bloomberg US equity futures edged higher and European shares were steady as investors awaited data on the labor market after cautious commentary from the Federal Reserve’s last meeting. Oil snapped a two-day drop. Contracts on the S&P 500 rise 0.2% and those on the tech-heavy Nasdaq 100 were up 0.3%, as Amazon.com Inc rose in premarket trading after saying ...

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dnata breaks ground on $14m cargo warehouse in Erbil, Iraq

  Dubai / WAM dnata, a leading global air and travel services provider, has broken ground on its new, 20,000 m2 cargo warehouse which will add significant expansion to its operations at Erbil International Airport (EBL). The facility represents an investment of $14 million and will create up to 50 additional, direct jobs with dnata in Iraq. The foundation stone ...

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UAE President, Pakistan’s PM discuss developing relations

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call from Muhammad Shehbaz Sharif, Prime Minister of the friendly Islamic Republic of Pakistan. During the call, the two leaders reiterated their mutual commitment to further develop bilateral ties between Pakistan and the UAE and reviewed a number of regional and international issues ...

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Pakistan’s trade with UAE to surpass $10.6bn in 2023

Abu Dhabi / WAM The bilateral trade between Pakistan and the United Arab Emirates is expected to grow double from the $10.6 billion volume achieved in 2021-2022, Pakistan’s top diplomat in the UAE said. The last calendar year recorded a $10.6 billion in trade “the highest volume Pakistan had in the Middle East and North Africa (Mena) region,” he added. ...

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‘Dubai Chamber’ launches solar & renewable energy business group

Dubai / WAM Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, launched the Solar & Renewable Energy Business Group, to drive the uptake of renewable energy amongst businesses and the private sector in Dubai. “As the world shifts to renewable energy and a decarbonised economy, the establishment of the Solar & Renewable Energy Business Group ...

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NBF launches CVVkey to tackle online card fraud

  Fujairah / Gulf Time In a nationwide first, National Bank of Fujairah (NBF) on Wednesday announced the introduction of CVVkey, a proven solution to online card fraud that can be used across all credit and debit cards issued by the bank. CVVkey will be a key element in NBF’s efforts to improve cybersecurity across its operations and protect its ...

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Sheikh Mohammed launches Dubai Economic Agenda ‘D33’

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday launched the Dubai Economic Agenda ‘D33’ with the ambitious goals of doubling the size of Dubai’s economy over the next decade, and consolidating its position among the top three global cities. HH Sheikh Mohammed ...

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Sheikh Abdullah, Turkish foreign minister condemn storming of Al Aqsa Mosque

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, made a phone call to Mevlüt ÇavuÅŸoÄŸlu, Minister of Foreign Affairs of the Republic of Türkiye, during which they discussed the recent developments in Afghanistan and the storming of Al-Aqsa Mosque. HH Sheikh Abdullah and ÇavuÅŸoÄŸlu discussed mutual concerns over ...

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RTA’s express bus route to shuttle commuters between Dubai, Hatta

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has launched an express bus route to shuttle commuters between Dubai and Hatta to support the public transport services to Hatta. At the same time, it launched another domestic bus route to operate within Hatta, which is experiencing extensive improvements in infrastructure and tourist facilities and services. The area boasts ...

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