March, 2022

• 11 March

  Wizz Air Abu Dhabi unveils new route to Sri Lankan city

  

    ABU DHABI / WAM Wizz Air Abu Dhabi has announced the launch of a new route from Abu Dhabi to Mattala, Sri Lanka, to introduce a new segment of travel by adding its first destination to South Asia. Michael Berlouis, Managing Director of Wizz Air Abu Dhabi, commented, “Sri Lanka is an exciting destination that has everything; beautiful beaches, ...

  Read More »
• 11 March

  UAE, New Zealand to boost trade ties

    Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a Memorandum of Arrangement (MoA) with New Zealand Export Credit (NZEC) to boost bilateral trade relations and enhance the capabilities of SMEs in both countries to expand globally, without worrying about the payment risks due to commercial or non-commercial reasons. ECI and NZEC have ...

  Read More »
• 11 March

  UAE focuses on building new generation of coders: Al Olama

  

    DUBAI / WAM Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, has said that the UAE government is focusing on building a new generation of young coders, enhancing their capabilities and skills in the fields of coding and modern technology, and empowering them with tools and expertise. This aligns with the ...

  Read More »
• 11 March

  UAE committed to Opec+ pact, existing mechanism: Minister

  

    ABU DHABI / Agencies The UAE on Thursday affirmed its commitment to the Opec+ agreement. “The UAE remains committed to the Opec+ agreement and its existing monthly production adjustment mechanism,” affirmed Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, in a statement to Emirates News Agency (WAM). “The UAE believes in the value the Opec+ agreement brings ...

  Read More »
• 11 March

  Masdar City, Mashreq join forces to support start-ups and SMEs

  

    ABU DHABI / WAM Masdar City and Mashreq Bank have signed a Memorandum of Understanding (MoU) to provide financial services to Small and Medium-sized Enterprises (SMEs) and start-ups based in the City. This will include easy access to NeoBiz, the bank’s first digital banking platform designed specifically for start-ups and SMEs. The MoU was signed by Abdulla Balalaa, Executive ...

  Read More »
• 11 March

  Ramadan ’22: Sheikh Mohammed announces one billion meals drive

  

    DUBAI / WAM HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has announced the launch of the “One Billion Meals” campaign to secure food aid for vulnerable communities in 50 countries. Organised by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), the campaign is an expansion of the UAE’s ...

  Read More »
• 11 March

  UAE announces $85m aid to Horn of Africa

  

  NEW YORK / WAM The United Arab Emirates announced a commitment of $85 million to support humanitarian operations in Ethiopia. In coordination with the Famine Relief Fund, the contribution will be disbursed to several agencies, including the World Food Programme (WFP), the International Committee of the Red Cross (ICRC), the United Nations Children’s Fund (UNICEF), and the United Nations High ...

  Read More »
• 11 March

  Making Mother’s Day 2022 a reminder of her love, sacrifice

  

    Abu Dhabi / Gulf Time Malabar Gold & Diamonds, one of the largest jewellery retailers globally with a strong retail network of over 280 outlets spread across 10 countries celebrate Mother’s Day by launching an exclusive jewellery collection that can be gifted to mothers as a shimmering tribute to their selfless love. Arab Mother’s Day is celebrated on March ...

  Read More »
• 11 March

  Ukraine’s fate depends on Russians’ ‘choice of truth’

  

  Russians are facing a psychological conundrum all human beings confront every day, but at a far more consequential level. It is this: How much will they choose to know, or deliberately not know? Their answer may decide the course of history. If the war of aggression by Russian President Vladimir Putin against Ukraine is the world’s most urgent problem, the ...

  Read More »
• 11 March

  Amazon’s stock split delivers buzz only

  

  Investors shouldn’t get overly excited about stock splits. In most cases, they don’t amount to much. After the close of regular trading, Amazon.com shares surged as much as 10% after the internet giant announced plans for a 20-for-1 split. The company also said it would buy back up to $10 billion of its stock. Companies that do stock splits make ...

  Read More »