Bloomberg The World Health Organisation (WHO) declared the coronavirus outbreak a pandemic, saying cases outside China have risen 13-fold. The US’s top infectious-disease specialist told lawmakers the pathogen is 10 times more deadly than the seasonal flu. Britain announced a $39 billion stimulus package, hours after the Bank of England cut interest rates. German Chancellor Angela Merkel pledged to do “whatever ...

DUBAI / WAM Emirates Islamic announced that its net profit increased by 15%, reaching AED1.061 billion in 2019, the highest ever in the bank’s history. A review of the year ended December 31, 2019 was presented at the General Assembly Meeting of the bank, where it was announced that total income increased by eight percent to AED2.7 billion, and financing ...

ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry discussed ways of reinforcing its commercial and investment ties with India. The discussion took place during a meeting at the chamber’s headquarters between Mohammed Hilal Al Muhairi, Director-General of the Chamber, and Pavan Kapoor, Ambassador of India to the UAE, and his delegation. During the meeting, Al Muhairi ...

ABU DHABI / WAM This month marks Umm Al Emarat Park’s five-year anniversary since reopening in 2015, after undergoing a two-year redevelopment. Since then, the Park has established itself as a top green destination, attracting more than 3.5 million guests and visitors from around the world and hosting more than 250 local, regional and international events. In the past five ...

ABU DHABI / WAM The Abu Dhabi International Boat Show (ADIBS) will return to the Abu Dhabi National Exhibitions Centre for its third edition from October 14-17, 2020. Organised by the Abu Dhabi National Exhibitions Company (Adnec) this will be the first boat show of the year in the UAE, with highlights on luxury boating, fishing and water sports. This ...

ABU DHABI / WAM The Abu Dhabi Fund for Development (ADFD) the leading national entity for economic development aid, on Wednesday signed an agreement with the government of Maldives to provide funding support to the tune of $50 million (AED184 million) for infrastructure development projects in the Maldives. The agreement was signed by Mohammed Saif Al Suwaidi, ADFD Director-General, and ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his sincere condolences and sympathy over the death of Prince Abdulaziz bin Abdullah bin Faisal bin Farhan Al Saud. His Highness Sheikh Mohammed ...

DUBAI / WAM The Dubai’s Roads and Transport Authority (RTA) has launched Phase II of the ‘Naqel’ service branded as Naqel 2 online via (www.rta.ae). The system fully automates all processes starting from the registration of limo and buses, along with drivers, for the use of passenger transportation companies licensed in other Emirates, enabling them to transport riders from Dubai ...

ABU DHABI / WAM Khalifa University of Science and Technology on Wednesday announced the university has once again demonstrated its status as a premier research-intensive institution focusing on the UAE’s strategic sectors by winning nearly half of all the research grants awarded under the 2019 Abu Dhabi Award for Research Excellence (AARE). Khalifa University received a total of 23 out ...

Abu Dhabi / Emirates Business Effective June 1, Etihad Airways, the national airline of the United Arab Emirates, will transfer all its flights to and from Abu Dhabi and Beijing, and its flights to and from Beijing to Nagoya, Japan, to the new state-of-the-art Beijing Daxing International Airport (PKX). Robin Kamark, Etihad Aviation Group Chief Commercial Officer, said: “In October ...