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AD Ports Group announces Noatum’s acquisition of APM Terminals Castellón in Spain

MADRID/ WAM AD Ports Group (ADX: ADPORTS), one of the world’s premier facilitators of logistics, industry, and trade, announces that Noatum Terminals, the terminals operations business of Noatum Group, has acquired 100% ownership of APM Terminals Castellón in Spain for a total purchase consideration (Enterprise Value – EV) of EUR 10 million. The agreement, which was reached with APM Terminals, ...

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Khaled bin Mohamed bin Zayed offers condolences on passing of Mahra bint Khaled Al Nahyan

ABU DHABI/ WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has offered his condolences on the passing of Her Highness Sheikha Mahra bint Khaled bin Sultan Al Nahyan, at Al Bateen mourning majlis in Abu Dhabi. His Highness expressed his sincere sympathies to His Highness Sheikh Suroor bin Mohammed Al Nahyan, His ...

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UAE President receives condolences on the passing of Sheikha Mahra bint Khaled Al Nahyan

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received condolences on the passing of Sheikha Mahra bint Khaled bin Sultan Al Nahyan. His Highness was accompanied at the condolence majlis in Abu Dhabi by H.H. Sheikh Tahnoun bin Saeed Al Nahyan and several other sheikhs. Those present conveyed their sympathies and condolences to the family ...

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The most on-time airline in 2023 filed for bankruptcy in 2020

BLOOMBERG If your New Year’s resolution includes flying the most punctual airlines—in addition to choosing the best airports—the 2023 annual on-time performance results from Cirium, published on January 2, should help. The aviation analytics company studies data on more than 35 million flights a year, including schedules, airline fleets and airports, to deliver insights on the aviation industry at large. ...

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Tesla falls behind China’s BYD in quarterly EV sales

BLOOMBERG Tesla Inc delivered more vehicles than expected in the fourth quarter as the Elon Musk-led company dropped behind China’s BYD Co in global electric-car sales. Tesla handed over 484,507 vehicles in the last three months, beating analysts’ average estimate for 483,173 deliveries. BYD sold 526,409 fully electric vehicles in the quarter to become the new No 1 in EVs, ...

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MoHRE starts implementing Emiratisation targets on over 12,000 private companies

DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has started implementing the Cabinet Decision to expand the scope of companies subject to Emiratisation targets, where more than 12,000 companies with 20-49 employees, are required to hire at least one UAE citizen in 2024 and another one in 2025. The ministry recently notified, via its digital system, more ...

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Halliburton signs agreement with Hamriyah Free Zone

SHARJAH / WAM The Hamriyah Free Zone Authority (HFZA) in Sharjah has entered into a strategic agreement with Halliburton, one of the world’s leading providers of products and services to the energy industry, in yet another significant move bolstering its appeal as an investment destination in the oil and energy sector. Under the agreement, Halliburton will expand its footprint within ...

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Under the patronage of Hazza bin Zayed, 6th UMEX and SimTEX exhibitions to take place in Abu Dhabi

ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, The Higher Organising Committee of the Unmanned Systems Exhibitions (UMEX 2024) and the Simulation and Training Exhibitions (SimTEX 2024) has launched the Coding Challenge competition. The competition is designed to engage and showcase the skills of national ...

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UAE President and WHO chief discuss cooperation and health challenges in Gaza

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday received Dr Tedros Adhanom Ghebreyesus, Director-General of the World Health Organisation (WHO). During the meeting on Tuesday at Qasr Al Bahr in Abu Dhabi, both sides explored cooperation between the UAE and the WHO, emphasising the importance of bolstering international health cooperation, especially in light ...

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