ABU DHABI / WAM Senaat, one of the largest industrial investment holding companies in the UAE, announced that it has successfully issued AED1.1 billion ($300 million) through a fixed rate senior unsecured US dollar denominated RegS sukuk with a 7 year tenor. The issue follows a series of investor meetings which took place in Europe and Asia, as well as ...

Emirates Business The economic outlook for UAE is set to accelerate to 2 percent this year, up from the eight-year low of 0.8 percent in 2017, supported by rising oil prices, regional economic recovery, higher public spending and investment and a build-up in business momentum, according to ICAEW’s latest Economic Insight report. The accountancy and finance body says the non-oil ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has stressed the importance of utilising digital tools in the design and implementation of government services. “We want the UAE Government to develop unique services using innovative tools and advanced technologies, that contribute towards providing the ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have affirmed that the UAE, under the leadership of President His Highness Sheikh ...

ABU DHABI / WAM Etihad Airways’ first-ever scheduled flight, EY49, linking Abu Dhabi and Barcelona, departed from Abu Dhabi on Wednesday morning carrying a special delegation including dignitaries, media representatives, influencers and senior members of Etihad Airways’ management team. The UAE national airline is celebrating the occasion in style by hosting a special event held at the historic Capella dels ...

Abu Dhabi / WAM A 500-strong team is collectively working to ensure effective brainstorming at generating innovative ideas for the fulfillment of the country’s vision adopted by President His Highness Sheikh Khalifa bin Zayed Al Nahyan; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness Sheikh Mohamed ...

Dubai / Emirates Business dnata, one of the world’s largest air services providers, announced that it acquired a majority stake in bd4travel (Big Data for Travel), an award-winning tech company, which provides artificial intelligence(AI)-driven IT solutions to online travel agencies. Based in Germany and the UK, bd4travel’s services were designed specifically to meet the challenges of the travel industry. The ...

Ajman / Emirates Business To mark the United Arab Emirates’ 47th National Day, City University College of Ajman (CUCA) celebrated the Spirit of the Union through a full day program, attended by the college’s management, faculty, students and staff. The ceremony reflected and rejoiced the distinctive Emirati Culture. The UAE National Day Celebration included various interactive activities and was initiated ...

Abu Dhabi / WAM In a bid to enhance the UAE’s competitiveness globally and strengthen the efficiency and sustainability of the data required to enact the supporting strategies for the National Agenda and achieve the Sustainable Development Goals, the UAE Government launched ‘The Digital Competitiveness Platform’ and the ‘10X10 Challenge for Global Competitiveness’ The Competitiveness and Data Working Group, which ...

Abu Dhabi / WAM The Integrated Transport Centre (ITC) of the Department of Transport in Abu Dhabi has announced that its parking bays will be free of charge starting Sunday, December 2 and ending Tuesday, December 4 at 7:59 am, on the occasion of the UAE 47th National Day. ITC urged the public not to park their vehicles in prohibited ...