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Emirates earns Apex five-star rating

DUBAI / WAM Emirates has received the APEX 2021 Five Star Global Official Airline RatingTM, based on feedback from passengers that was independently collected by APEX via its partnership with TripIt, and validated and certified by an external auditor to ensure that all ratings were made by genuine travellers who had flown on the airline they were reviewing. Adel Al ...

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UAE central bank to launch ‘monetary bills’ from Jan 11

Abu Dhabi / WAM The central bank of the UAE (CBUAE) announced on Monday that effective January 11, 2021, a new securities issuance programme to licensed financial institutions and eligible investors, named Monetary Bills (M-bills) will be introduced. These securities will be auctioned and traded through Bloomberg’s primary and secondary market solutions and settled through a local platform, compliant with ...

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ADU, twofour54 to train next-gen of game developers

Abu Dhabi / WAM Abu Dhabi University (ADU) announced the launch of a strategic partnership with twofour54 — Abu Dhabi’s media free zone — to continue the growth of the emirate’s media sector through increased talent development supported by gaming industry giant and twofour54 partner Unity Technologies. The partnership between Abu Dhabi University and twofour54 seeks to upskill and empower ...

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Emirates earns five-star rating from its customers

DUBAI / WAM Emirates received the Apex 2021 Five Star Global Official Airline RatingTM, based on feedback from passengers that was independently collected by Apex via its partnership with TripIt, and validated and certified by an external auditor to ensure that all ratings were made by genuine travellers who had flown on the airline they were reviewing. Adel Al Redha, ...

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UAE ranks second globally in telecom sector quality

Dubai / WAM The UAE concluded 2020 by achieving global leadership in telecom sector quality and evolution, where the country maintained the first place in the Arab region and regionally, and came second globally for the second consecutive year in “Use of telecommunications/ICTs”, which measures the efficiency and evolution of the telecommunications sector in countries around the world as part ...

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ADX lists Palms Sports on its Second Market

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) announced that Palms Sports PJSC has listed its shares on ADX’s Second Market under the trading symbol PALMS, and trading begins on the shares on Monday. The company’s nominal value of share capital is AED 150 million, with each share having a nominal value of AED 1. This is the fifth ...

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EU plan to hit world’s busiest green debt market: Sweden

Bloomberg Sweden is fighting a draft European climate measure that it says could harm its world-beating green bond market. The European Commission, which wants to steer investors to socially and environmentally sustainable assets, is proposing that only buildings certified as super-energy efficient by national authorities be included in its taxonomy. Being excluded would make financing more expensive. But national energy ...

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Shell to sell its LNG stake to GIP for $2.5b

Bloomberg Royal Dutch Shell Plc agreed to sell a minority stake at a liquefied natural gas export project in Australia to Global Infrastructure Partners (GIP) for $2.5 billion. The oil major will sell a 26.25% interest in the Queensland Curtis LNG Common Facilities in a deal that is expected to be completed in the first half of 2021, the company ...

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