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Bloomberg Opec+ agreed to maintain its schedule of gradual monthly production increases, triggering a surge in crude prices. Ministers ratified the 400,000 barrel-a-day supply hike scheduled for November after a short video conference on Monday. Going into the talks, there had been speculation that they could opt for a larger supply increase, but no such proposal was made, delegates said, ...
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October, 2021
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5 October
UAE reiterates its support to transitional period in Sudan
NEW YORK / WAM A UAE delegation, headed by Salem Mohammed Al Zaabi, Director of International Security Cooperation at the Ministry of Foreign Affairs and International Cooperation, participated in the high-level side event on Sudan, convened by the UN and the Government of Norway on the margins of the 76th session of the United Nations General Assembly. In attendance were ...
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5 October
EDB, Adex ink cooperation deal to boost UAE exports
ABU DHABI / Emirates Business Emirates Development Bank (EDB), fully owned by the UAE Federal Government and a key financial enabler of the country’s economic diversification and industrial transformation agenda, announced the signing of cooperation agreement with Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), to boost the export potential of national businesses ...
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5 October
Abu Dhabi to showcase over 100 digital initiatives, projects at Gitex
ABU DHABI / WAM The Abu Dhabi Government is set to participate for the 10th time in Gitex Technology Week, at the Dubai World Trade Centre, from October 17-21, 2021. Thirty-one government and academic entities will be part of the Abu Dhabi Government pavilion to showcase more than 100 innovative initiatives and projects in digital transformation to create a unique ...
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5 October
Wizz Air adds seven new routes as travel curbs ease
ABU DHABI / WAM Wizz Air Abu Dhabi, a UAE national airline, will commence seven new routes in the upcoming weeks bringing its third aircraft to full capacity after the eased travel restrictions were introduced in the Abu Dhabi Emirate recently. The national airline will operate routes to (Sarajevo) Bosnia and Herzegovina, Odesa (Ukraine), Muscat (Oman), Almaty (Kazakhstan), Sohag (Egypt), ...
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5 October
Enoc saves AED6.1m from E&RM projects
Dubai / WAM Emirates National Oil Company Group (Enoc Group), the Official Integrated Energy Partner of Expo 2020 Dubai, has achieved AED 6.1 million savings from Energy and Resource Management (E&RM) projects in 2021; recording cumulative savings of AED 108 million from innovative energy efficiency measures implemented across the Group over the last five years. The announcement was made ahead ...
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5 October
EDB, Adex ink deal on financial services to boost UAE exports
Abu Dhabi / Emirates Business Emirates Development Bank (EDB), fully owned by the UAE Federal government and a key financial enabler of the country’s economic diversification and industrial transformation agenda, announced the signing of cooperation agreement with Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), to boost the export potential of national businesses ...
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5 October
Enoc achieves AED6.1 million savings from E&RM projects
Dubai / WAM Emirates National Oil Company Group (Enoc Group), the Official Integrated Energy Partner of Expo 2020 Dubai, has achieved AED 6.1 million savings from Energy and Resource Management (E&RM) projects in 2021; recording cumulative savings of AED 108 million from innovative energy efficiency measures implemented across the group over the last five years. The announcement was made ahead ...
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5 October
Digital platform to trade cryptos in LatAm launched
Dubai / Emirates Business Zurich Capital Fund in partnership with Ayarezq Ayasoft announces the launch of (Exor), the first high-end digital platform in Latin America and the Caribbean to trade crypto currency linked and connected to banks in Latam where it started with five million user. It is integrated with digital banks and is the first in the world with ...
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5 October
Expo 2020 inspires world to design a better future, says Zaki Nusseibeh
ABU DHABI / WAM Zaki Anwar Nusseibeh, Cultural Adviser to His Highness the President and Chancellor of the United Arab Emirates University (UAEU), has described Expo 2020 Dubai as one of the world’s most important cultural, scientific, and economic events. Nusseibeh said that the dazzling opening ceremony demonstrated the UAE’s ability to organise and host an event of this kind. ...
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