September, 2021

• 23 September

  Maersk picks Jafza for its first facility in UAE

  

  DUBAI / WAM Maersk Kanoo UAE, an integrator of container logistics, on Wednesday signed an agreement with DP World’s leading trade and logistics hub, Jebel Ali Free Zone (Jafza) to set up its first Warehousing & Distribution (W&D) facility in the UAE. Christopher Cook, Managing Director, Maersk UAE, and Abdulla Bin Damithan, CEO & Managing Director, DP World – UAE ...

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• 23 September

  Dewa, Malta to cooperate on renewables

  DUBAI / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa), received Miriam Dalli, Minister of Energy, Enterprise, and Sustainable Development of Malta and Maria Camilleri Calleja, Malta’s ambassador to the UAE, to discuss bilateral cooperation in renewable energy, innovation, and sustainability. Waleed Bin Salman, Executive Vice President of Business Development and Excellence and ...

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• 23 September

  UAE to celebrate 91st Saudi National Day today

  

  Abu Dhabi / WAM The UAE will join Kingdom of Saudi Arabia in celebrating the Kingdom’s 91st National Day, which falls on September 23. The UAE’s official and public participation in this year’s celebrations, held under the slogan “Together Forever”, confirms the deep ties between the two countries. The strong historic relations between the two countries have guaranteed the security ...

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• 23 September

  Expo 2020: Emirates pavilion all set to welcome visitors

  

  Dubai / WAM Expo 2020 Dubai’s must-see aviation attraction is gearing up to open its doors to the public on October 1. Located in the Opportunity District, and within walking distance of the Al Wasl Dome, the Emirates Pavilion offers a preview for the future of commercial aviation, reframing the role that science and technology will play in the next ...

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• 23 September

  UAEU enhances student participation in Expo 2020

  

  AL AIN / WAM The United Arab Emirates University (UAEU) is putting the final touches to its Pavilion at Expo 2020 Dubai over the next six months. Prof Mohammed Hassan Ali, Acting Provost, explained that the University is ready to participate in this important global event and provide exceptional experiences to visitors. The programme of inspiring and creative activities that ...

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• 23 September

  UAE condemns Houthi attempt to target Khamis Mushait with drone

  

  Abu Dhabi / WAM The UAE has strongly condemned the Houthi terrorist militias’ attempts to attack civilians and civil objects in Khamis Mushait, Saudi Arabia, with a bomb-laden drone, which was intercepted by the Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE reiterated that these terror attacks by the Houthis reflect ...

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• 23 September

  MBRSC launches Emirates Space Art Programme

  

  Dubai / WAM In collaboration with Jsoor, the Mohammed Bin Rashid Space Centre (MBRSC) on Wednesday launched the Emirates Space Art Programme (ESAP), to document, capture, and share the emotions of the UAE’s historical advances into space through the culture and creative industries. ESAP will serve as a platform to bring together a wide stratum of the creative community into ...

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• 23 September

  The Monte Paschi crisis could be good for Europe

  

  Andrea Orcel is making Italy’s bank bosses nervous. Chief executive officer of UniCredit SpA since April, he has been overseeing its mooted acquisition of the best bits of Banca Monte dei Paschi di Siena — a move that unsettles the status quo in the old-school world of Italian banking. It may well touch off a new season of mergers and ...

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• 23 September

  Disney, Netflix share user sign-up pain

  

  Walt Disney Co keeps trying to tell investors that its growth in streaming-TV subscribers realistically isn’t going to be a perpetual straight shot upward but more like a zig-zagging line quarter to quarter. They won’t listen. Netflix Inc knows how Disney feels. Shares of Disney dipped after Chief Executive Officer Bob Chapek said that various challenges — not least the ...

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• 23 September

  Goldman jumps aboard ‘buy now, pay later’

  People can be just the worst borrowers, failing to pay what they owe especially if defaulting doesn’t cost them their house or their car. That’s why credit cards charge eye-watering interest rates and late fees. It’s also why cards and other unsecured consumer debt cause the biggest losses for banks during major downturns — and why central banks assume that ...

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