Abu Dhabi / WAM Aldar Properties and Dubai Holding have announced the signing of a binding joint venture (JV) agreement to develop new living experiences across prime locations in Dubai. The agreement marks Aldar’s entry into Dubai’s high performing real estate market as part of the company’s broader expansion into new markets. The move adds considerable weight to Aldar’s development ...
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February, 2023
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3 February
Mubadala Health, US firm discuss future of healthcare
Abu Dhabi / WAM Mubadala Health and BioIntelliSense, a continuous health monitoring and clinical intelligence company, hosted a delegation of chief medical officers and leaders of technology and healthcare firms to discuss the future of healthcare, and how tech-enabled care could lead to enhanced healthcare efficiencies and improved patient outcomes. Hasan Jasem Al Nowais, Chief Executive Officer of Mubadala ...
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3 February
Etihad to add more flights to Frankfurt
Abu Dhabi / WAM Etihad Airways has announced that it will increase its services to Frankfurt, Germany, as of May 1. The airline will add an extra four services a week to its current daily frequency, bringing the total number of flights to Frankfurt up to 11 weekly. The additional flights will be operated by one of Etihad’s ultra-modern ...
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3 February
Adnoc signs AED17bn deals to boost local manufacturing
Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc), a reliable and responsible provider of lower-carbon intensity energy, on Thursday announced it has signed agreements with 23 UAE and international companies for local manufacturing opportunities across a wide range of critical industrial products worth AED17 billion ($4.63 billion). The agreements outline the intention of the companies to manufacture ...
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3 February
Borouge reports $1.4bn net profit during 2022
Abu Dhabi / WAM Borouge on Thursday announced its financial results for the twelve-month and three-month periods ended December 31, 2022, with strong year-on-year growth in sales volumes driving healthy revenue growth. Highlights for the twelve months to December 31, 2022; Borouge reported a net profit of $1.4 billion, in line with market expectations and holding up well, despite ...
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3 February
WAM discusses bilateral cooperation with media companies in Panama
PANAMA / WAM A delegation from the Emirates News Agency (WAM), chaired by its Director-General Mohammed Jalal Al Rayssi, has discussed the agency’s cooperation with several media entities in Panama. During its visit to Panama, WAM delegation explored the outcomes of the first edition of the Global Media Congress which was held in Abu Dhabi in November 2022 and the ...
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3 February
Etihad Airways to increase its flights to Frankfurt from May 1
Abu Dhabi / WAM Etihad Airways has announced that it will increase its services to Frankfurt, Germany, as of May 1. The airline will add an extra four services a week to its current daily frequency, bringing the total number of flights to Frankfurt up to 11 weekly. The additional flights will be operated by one of Etihad’s ultra-modern ...
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3 February
ADPHC, Talabat UAE to promote healthy living
Dubai / WAM The Abu Dhabi Public Health Centre (ADPHC) has signed a memorandum of understanding (MoU) with Talabat UAE, the leading online food delivery and q-commerce platform, during a ceremony at Arab Health 2023, to collaborate in promoting healthier eating habits in Abu Dhabi through the use of data and research. As part of this collaboration, Talabat UAE ...
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3 February
Titan Eye+ launches first international store in UAE
Dubai / Gulf Time Titan Eye+, India’s largest eyewear company, has launched its first international store in the UAE, adding to its footprint of 860+ Titan Eye+ stores across 300 different cities in India. The brand, which has an annual production capacity of close to two million lenses and one million frames, has also announced a robust regional expansion ...
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3 February
Over 2,000 Tesco jobs at risk in cost-cutting overhaul plan
Bloomberg Tesco Plc is eliminating hundreds of manager roles across its stores and closing all remaining food counters and hot delis as the UK’s biggest supermarket operator seeks to cut costs. The grocer is introducing shift leader roles into its larger stores, allowing it to cull 1,750 other management positions. Tesco said it will also shut its food counters ...
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