ALEXANDRIA / WAM Air Arabia Egypt commenced direct flights between Egypt and Italy on Tuesday; serving Milan twice a week from its hub in Alexandria, Egypt. The inaugural flight E5103 landed in Milan Bergamo International Airport on May 4 at 19:45 local time and was received by an Air Arabia delegation including the Group Chief Executive Officer, Adel Al Ali, ...

Dubai / WAM Mona Ghanem Al Marri, Director-General of the Government of Dubai Media Office and Vice President of the UAE Gender Balance Council, on Tuesday addressed the inaugural high-level speaker series of the MENA Chapter of the ‘Global Women in PR’ held in support of female empowerment within the Public Relations, Media and Communications Industry. The private event, hosted ...

DUBAI / WAM The United Arab Emirates (UAE) retains its position as the top country Arab youth would like to live in and want their own countries to emulate for the seventh consecutive year, according to the ASDA’A Burson-Marsteller Arab Youth Survey 2018, released on Tuesday. The 10th annual survey also reveals that young Emiratis are extremely optimistic about their ...

YEMEN / WAM Thirty-seven members of the Iranian-backed Houthi militias have been killed in a series of airstrikes by Arab coalition fighters targeting militia positions in the Red Sea Coast. In the past 48 hours, Coalition forces carried out meticulously planned strikes crippling Houthi military capabilities and leading to heavy losses in their ranks. The raids targeted military sites in ...

Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC) on Tuesday confirmed the attendance of more than 40 global CEOs and over 700 attendees at the ADNOC Downstream Investment Forum, underlining both the local, and far-reaching global, interest in the event. The forum will commence on May 13, in Abu Dhabi. During the event, ADNOC will outline its ...

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry announced plans for state-run trade and investment promotion agency Enterprise Estonia to open a representative office at its premises in Dubai before the end of this year. The announcement was made during a business roundtable in Tallinn, Estonia, which was hosted by the Chamber in cooperation with Enterprise Estonia ...

Dubai / Emirates Business Emirates, the largest international airline in the world, on Tuesday announced it will start a daily service between Scotland’s capital city, Edinburgh, and Dubai, from 1 October 2018. Edinburgh will become Emirates’ second destination in Scotland after Glasgow and its 8th in the United Kingdom after the airline starts its daily service to London Stansted in ...

Ras Al Khaimah / Emirates Business In a move to further strengthen ties with the Nordic region, the Ras Al Khaimah Tourism Development Authority (RAKTDA) on Tuesday announced the opening of their first international representation office in the Nordics, as the Emirate seeks to drive further growth in the number of visitors travelling to Ras Al Khaimah. RAKTDA already has ...

DUBAI / Emirates Business Mashreq Bank, the UAE’s leading financial institution, on Tuesday announced that it will enter the non-bank financial institution (NBFI) space in India through an engagement with IL&FS Financial Services Ltd to offer external commercial borrowings (ECB) in Indian Rupees (INR). Through the IL&FS Group, Mashreq will serve the Indian market across various verticals including financial services, ...

Bloomberg Royal Dutch Shell Plc’s agreement to sell out of oil-sands producer Canadian Natural Resources Ltd. brings its $30 billion divestment goal within reach. The Anglo-Dutch company’s Shell Gas BV unit will divest all its shares in Canadian Natural for total pretax proceeds of $3.3 billion, The Hague-based Shell said. The sale serves the dual purpose of shedding one of ...