Classic Layout

Oil slumps as global energy demand outlook darkens

  Bloomberg Oil falls this week as prospects for a global economic slowdown weighed heavily on the demand outlook. West Texas Intermediate futures dropped 6.7% for the week amid tightening monetary policy and renewed anti-virus lockdowns in China. Meanwhile, traders shrugged off an announcement by G-7 leaders of plans to cap the price of Russian crude in retaliation for Vladimir ...

Read More »

UAE adopts code of conduct for education professionals

  ABU DHABI / WAM The UAE Ministry of Education approved the code of conduct for education professionals in general education to enhance the profession and establish clear and public ethical standards, rules, and principles of conduct for the educational process. The code of conduct aligns with the vision and mission of the Ministry of Education, to build an institutional ...

Read More »

Gulf Navigation completes its $2.7mn loan repayment

  Dubai / WAM Gulf Navigation Holding PJSC (GULFNAV), the Dubai Financial Market listed maritime and shipping company, announced successfully completing the full repayment of a loan for one of its vessels. The $2.7 million loan was financed by “Rasmala” with an interest rate of 12%. Thus, after the mortgage has been released, the full proceeds of this vessel will ...

Read More »

Abu Dhabi, Bulgaria discuss ways to enhance investment cooperation

  Abu Dhabi / WAM The UAE-Bulgarian Business Forum, organised by Abu Dhabi Chamber of Commerce and Industry (ADCCI), concluded its activities which were held in Abu Dhabi. The forum emphasised the importance of enhancing bilateral relations, and setting new strategic frameworks that drive economic partnerships by stimulating investment in a number of vital sectors. The forum was held in ...

Read More »

DGHR, SAP partner to develop Emirati talent

  Dubai / WAM A cohort of 30 Emirati university graduates have passed a rigorous selection process to embark on a training course that will set them up for long-term career success in the fast-paced world of cloud computing, thanks to a collaborative initiative between the Dubai Government Human Resources Department (DGHR) and the global technology company SAP. The programme ...

Read More »

Dubai’s RTA signs deal with Capital Express

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) signed an agreement with Capital Express for Rapid Intercity to transport passengers between Dubai and Abu Dhabi International Airport (Terminals 1,2,3). The service will connect Abu Dhabi International Airport with Dubai’s Ibn Battuta Bus Station on an Express Bus Route. Currently, this service is only dedicated for passengers flying Wizz ...

Read More »

UAE, Bulgaria non-oil trade up 40% to AED 444.4m in H1 ’22

  Abu Dhabi / WAM The UAE-Bulgarian Business Forum, organised by Abu Dhabi Chamber of Commerce and Industry (ADCCI), concluded its activities which were held in Abu Dhabi. The forum emphasised the importance of enhancing bilateral relations, and setting new strategic frameworks that drive economic partnerships by stimulating investment in a number of vital sectors. The forum was held in ...

Read More »

DGHR, SAP collaborate to develop Emirati talent

  DUBAI / WAM A cohort of 30 Emirati university graduates have passed a rigorous selection process to embark on a training course that will set them up for long-term career success in the fast-paced world of cloud computing, thanks to a collaborative initiative between the Dubai Government Human Resources Department (DGHR) and the global technology company SAP. The programme ...

Read More »

Gulf Navigation completes repayment of a $2.7m loan

Dubai / WAM Gulf Navigation Holding PJSC (GULFNAV), the Dubai Financial Market listed maritime and shipping company, announced successfully completing the full repayment of a loan for one of its vessels. The $2.7 million loan was financed by “Rasmala” with an interest rate of 12%. Thus, after the mortgage has been released, the full proceeds of this vessel will pour ...

Read More »

Sharjah Art opens its Fall 2022 exhibitions

  SHARJAH / WAM The Sharjah Art Foundation opened its Fall 2022 program with the exhibitions “Pop in South Asia: Explorations in Folk Art” and “Enjoyment of Flowing Sensations,” taking place in Al Mureijah Square, and will run until December. The exhibition is organised by the Foundation in collaboration with the Kiran Nadar Museum of Art in New Delhi, and ...

Read More »
Send this to a friend