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Dewa wins 11 trophies at Globee Business Awards

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has won 11 trophies at the prestigious Globee Business Awards in San Francisco, USA. As part of the 13th Annual Golden Bridge Business and Innovation Awards, Dewa earned four awards, two gold and two silver, as well as seven other awards at the 8th Annual 2021 Customer Sales and Service World ...

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DFM to launch three new equity futures contracts

Dubai / WAM The Dubai Financial Market (DFM) on Sunday announced that it is planning to launch new equity futures contracts on individual stocks of three leading listed companies including; Dubai Investments, DFM Company and Shuaa Capital, on September 19, as part of its strategy to diversify investment opportunities. The new equity futures contracts shall bring total number of contracts ...

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Air Arabia to resume direct flights to Saudi

Sharjah / WAM Air Arabia has announced the resumption of direct flights between Sharjah and each of Riyadh, Jeddah and Dammam in the Kingdom of Saudi Arabia, starting September 14. All passengers traveling to the kingdom are required to download “Tawakkalna” mobile application before departure and upload their vaccination status. Passengers are also urged to check the travel update at ...

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Bee’ah, a UAE environmental leader with a global impact

Abu Dhabi / WAM Since its inception in 2007, Bee’ah, a Sharjah-based company primarily concerned with environmental and waste management, has envisioned a future built on sustainability, and empowered by innovation and digital and smart solutions to bolster the quality of life in the UAE and the Mena region. In an exclusive interview with the Emirates News Agency (WAM), Fahad ...

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UAE to spend AED24bn to boost private-sector jobs

Abu Dhabi / WAM The United Arab Emirates on Sunday unveiled a sweeping programme of reforms and financial incentives to drive new private sector opportunities for both young and experienced Emiratis, with an investment of AED24 billion to create 75,000 new private sector jobs for Emiratis. The new announcements include grants for students and fresh graduates to take up private ...

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Expo 2020 paves way for opening new markets: Austrian minister

Dubai / WAM Margarete Schramböck, Austria’s Minister of Digital and Economic Affairs, has said that Expo 2020 Dubai paves the way for opening new markets, enhances international cooperation, and provides the opportunity to highlight the quality of research and development of Austrian innovations. On the occasion of the approaching inauguration of Expo 2020, the minister stated that Austria’s participation focuses ...

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ERC projects in Afghanistan worth AED320 million

Abu Dhabi / WAM The value of humanitarian, relief and development projects carried out by the Emirates Red Crescent (ERC) in Afghanistan over the past decades totals more than AED320 million, and has benefitted over 8 million people. This aid includes development projects, seasonal programmes and other aid worth over AED242 million that helped over 5 million people, while the ...

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Etihad enhances ‘Verified to Fly’ service to make travel easier

ABU DHABI / WAM Etihad Airways has announced its upgraded “Verified to Fly” service to offer a more streamlined and personalised service through its website, etihad.com. This upgrade makes the process quicker and easier for Etihad’s guests to ensure they have all the required Covid-related documents before leaving for the airport. Seven days ahead of travel, all guests will receive ...

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Johnson’s tax hike is a defining moment for UK

There are moments in a government’s lifetime that symbolise a change of ideological direction. Last week UK Prime Minister Boris Johnson’s decision to raise taxes to pay for social care and bail out the National Health Service (NHS) was one of them. However worthy the objectives, the result will leave the country with the highest tax burden since 1945. Crucially ...

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Singapore SPACs need to go hunting

Poor man’s private equity or private equity’s poor cousin? Blank-check companies, which will soon be arriving in Singapore, could easily fall in one or the other group, depending on the quality of their early sponsors. Celebrities need not apply. Serena Williams or A-Rod won’t be luring Indonesian travel booking website Traveloka or Vietnamese gaming firm VNG Corp to Singapore. And ...

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