Dubai / WAM Enoc Group, the official integrated energy partner of Expo 2020 Dubai, announced the results of its successful partnership with Japan’s Idemitsu for the supply and distribution of lubricants to the Japanese company’s customers in the UAE and the wider region. In the first year, Enoc Group recorded strong growth in sales volumes and plans to achieve a ...

Sharjah / WAM The Sharjah Debt Settlement Committee (SDSC) approved an amount of 51 million and 596 thousand dirhams, to settle 131 cases of citizens’ debts, being presented to the Sharjah Debt Settlement Committee. This step comes in implementation of the directives of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, aimed at ...

ABU DHABI / Emirates Business As part of its continued efforts to elevate the Arabian Gulf’s cruise business to new heights, AD Ports Group has inked an initial agreement with Diyar Al Muharraq and the Eagle Hills Diyar Company to investigate opportunities to develop and operate new cruise infrastructure in the Kingdom of Bahrain. Building on the country’s potential to ...

Abu Dhabi / WAM As part of the Abu Dhabi Investment Office’s (Adio) programme to attract investment, Abu Dhabi will become home to Amazon’s most technologically advanced fulfillment centre in the region. Expected to be launched by 2024, the new fulfillment centre comes as part of a wider collaboration between Amazon and Adio which will also unlock job opportunities over ...

Dubai / WAM Giving a major boost to trade relations and continued business growth in the region, Etihad Credit Insurance, the UAE Federal export credit company, signed a memorandum of understanding (MoU) with Tradeling, the hyper-growing eMarketplace focused on business-to-business (B2B) transactions in the Middle East and North Africa region. Under the agreement, signed by Massimo Falcioni, CEO of ECI, ...

NEW YORK / WAM The UAE has stressed the importance of concerted international efforts to combat human trafficking during the United Nations General Assembly high-level meeting on the appraisal of the Global Action Plan to Combat Trafficking in Persons. The UAE praised the plan as “an important tool for unifying global efforts” and emphasised its commitment to action on the ...

Abu Dhabi / WAM New York University Abu Dhabi (NYUAD) welcomed its 12th class of 530 students this fall, coming from 87 countries and six continents, and speaking more than 75 languages. With the Class of 2025, the undergraduate student population now stands at more than 1,800 from over 120 countries and all seven Emirates in the UAE. Students at ...

Investors must be wondering what promise New Delhi will break next as the ruling party tries to win upcoming state elections. First, the government made a U-turn on the three laws that Prime Minister Narendra Modi wanted to use to shake up the stagnant farm economy. Next, he may delay implementing the four codes that have been billed as the ...

There’s a grim inevitability to the fact that the latest concerning strain of the Covid-19 virus — known as B.1.1.529, and now nicknamed the Omicron variant 1 — should have been first identified in South Africa. So far, Sars-CoV-2’s most devastating impacts have been in developed countries. The US, UK and European Union have accounted for about a third of ...

In the 2000s, the growing ubiquity of bank branches was one of America’s great retailing puzzles. Online banking was on the rise and the industry was consolidating, but branches kept popping up seemingly everywhere — if you define “everywhere” as the reasonably affluent parts of cities and suburbs. That ended with the financial crisis. The number of bank branches in ...