February, 2022

• 12 February

  ADQ, Alpha Dhabi, Etisalat, FAB launch digital banking platform

  

    Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, on Friday announced the central bank of the UAE has granted an in-principle approval to launch a new digital banking platform, which will be called Wio. With its headquarters in Abu Dhabi, Wio will enhance the capital’s growing reputation as a global financial services center at the ...

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• 12 February

  UAE, Israel to strengthen tourism, economic ties

  

    Abu Dhabi / WAM The UAE and Israel signed a memorandum of understanding (MoU) to strengthen their tourism and economic cooperation and reinforce their bilateral ties. The MoU was signed by Dr. Ahmed Belhoul Al Falasi, Minister of State of Entrepreneurship and SMEs and Chairman of the Emirates Tourism Council, and Yoel Razvozov, Israeli Minister of Tourism, who is ...

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• 12 February

  Emirates opens new lounge for young flyers

    Dubai / WAM Young travellers flying Emirates as unaccompanied minors can now relax and wait for their flight in a newly upgraded lounge dedicated for them at Dubai International Airport, located next to Emirates’ First Class Lounge in Concourse B. Emirates’ lounge for unaccompanied minors is open 24/7, and the newly upgraded facility offers fun video games, drinks and ...

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• 12 February

  ADQ, Alpha Dhabi, Etisalat, FAB launch digital banking platform

  

    Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, on Friday announced that the central bank of the UAE had granted in-principle approval to launch a new digital banking platform, which will be called “Wio”. With its headquarters in Abu Dhabi, Wio will enhance the capital’s growing reputation as a global financial services centre at the ...

  Read More »
• 12 February

  UAE, Israel ink deal to strengthen tourism, economic cooperation

  

    Abu Dhabi / WAM The UAE and Israel signed a memorandum of understanding (MoU) to strengthen their tourism and economic cooperation and reinforce their bilateral ties. The MoU was signed by Dr. Ahmed Belhoul Al Falasi, Minister of State of Entrepreneurship and SMEs and Chairman of the Emirates Tourism Council, and Yoel Razvozov, Israeli Minister of Tourism, who is ...

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• 12 February

  Adnoc Drilling reports net income of $604mn

  

    Sharjah / WAM Adnoc Drilling company on Friday announced its financial results for the fourth quarter and full-year ending December 31, 2021, with a net profit for the full year $604 million, up 6 percent year-on-year. A press release by Adnoc Drilling said that the company’s revenue for the 12 months increased 8.2 percent to $2.27 billion compared to ...

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• 12 February

  Emirates opens new lounge for young flyers

  

    Dubai / WAM Young travellers flying Emirates as unaccompanied minors can now relax and wait for their flight in a newly upgraded lounge dedicated for them at Dubai International Airport, located next to Emirates’ First Class Lounge in Concourse B. Emirates’ lounge for unaccompanied minors is open 24/7, and the newly upgraded facility offers fun video games, drinks and ...

  Read More »
• 12 February

  UAE, Malta discuss economic cooperation

    Abu Dhabi / WAM Abdullah bin Touq Al Marri, Minister of Economy, Robert Abela, Prime Minister of Malta, and Silvio Schembri, Minister of Economy and Industry of Malta, discussed enhancing economic cooperation between the UAE and Malta. The meeting took place on the sidelines of Al Marri’s official visit to Malta from February 6-11. Sameh Al Qubaisi, Director-General of ...

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• 12 February

  Sergas group inks deal to enhance gas infrastructure in Mena

  

    Abu Dhabi / Gulf Time Sergas Group signed a strategic partnership agreement with Royal Strategic Partners, an affiliate company of Strategic Investment Capital which specialises in investment, development, establishment and management of real-estate projects. The agreement aims at enhancing the infrastructure in the gas sector in Mena region and other areas. Agreement signing took place at Sergas Abu Dhabi ...

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• 12 February

  Green fuels to replace diesel from Indian farms by 2024

  

    Bloomberg India, the world’s third-biggest energy consumer and a top grower of grains and sugar, targets to end the use of diesel in the farming sector in less than three years. The nation will focus on renewable fuels to achieve its aim of zero diesel use in agriculture by 2024, according to a government statement. India is working toward ...

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