June, 2021

• 23 June

  Crude loses steam with traders eyeing Opec+ production hike

  

  Bloomberg Oil retreated after hitting $75 a barrel in London for the first time in more than two years, as Russia and other Opec+ nations were said to consider increasing production. Brent crude edged above $75 in Asian trading hours as price indicators and inventory data showed that demand still outstrips supply. The gains faltered as Russia — which jointly ...

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• 23 June

  Dubai government repays $500mn bond certificates

  

  DUBAI / WAM The Government of Dubai, acting through the Department of Finance (DoF), announced that the $500 million Fixed Rate Note issued on June 22, 2011 under its Euro Medium Term Note Programme, reached maturity on June 22 2021. Upon maturity, all the notes have been redeemed in full by making the required payment through the paying agent to ...

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• 23 June

  Etihad Airways to commence service to Vienna

  

  Abu Dhabi / WAM Etihad Airways will launch flights to Vienna twice weekly using a Boeing 787 Dreamliner from July 18. Flying to, from, and via Abu Dhabi is supported by the airline’s fully redesigned sanitisation and safety programme, Etihad Wellness, which ensures the highest standards of hygiene are maintained at every stage of the customer journey. Customers can now ...

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• 23 June

  EDB, NBQ partner to facilitate strategic financing for SMEs

  

  Abu Dhabi / WAM The Emirates Development Bank (EDB) has signed a Memorandum of Understanding (MoU) with the National Bank of Umm Al Qaiwain (NBQ) to facilitate strategic financing options for Small and medium-sized enterprises (SMEs) in the UAE. The MoU, which will cover Credit Guarantee and Co-lending programmes, will help plug the gap in SME lending support and enhance ...

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• 23 June

  Abu Dhabi to welcome back cruise liners in Sept

  

  Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has announced the resumption of cruise liners in Abu Dhabi starting from September 1 after months of closure in 2020 due to the Covid-19 precautionary measures. In 2019, maritime tourism in Abu Dhabi witnessed impressive growth, resulting in a record-breaking year for the sector. ...

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• 23 June

  UAE about to begin crucial phase of history, says Zaki Nusseibeh

  

  Abu Dhabi / WAM Zaki Anwar Nusseibeh, Cultural Advisor to the UAE President, stated that the UAE is about to begin a crucial phase of its history, with the approach of its Golden Jubilee. Despite its many achievements in various areas of development, the UAE has demonstrated, at every occasion, that the legacy of the late Sheikh Zayed bin Sultan ...

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• 23 June

  Adnec launches company to promote Abu Dhabi’s tourism

  

  Abu Dhabi / WAM Abu Dhabi National Exhibitions Company (Adnec) has launched “Tourism 365” to create experiential travel opportunities for tourists coming to Abu Dhabi, and enhance the emirate’s regional and global positioning in the wider tourism sector. The launch of the company is in line with Adnec’s new broader role to support the growth of Abu Dhabi as a ...

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• 23 June

  ZHO develops products with 3D printers

  

  Abu Dhabi / WAM In support of the leadership’s directives in using and enhancing AI to carry out development projects in the future, the Zayed Higher Organisation for People of Determination (ZHO) announced a project to develop products with 3D printers with the help of People of Determination, by inaugurating first new workshop at its headquarters in Al Bahia area ...

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• 23 June

  Registration for 40th SIBF awards open

  

  SHARJAH / WAM The Sharjah Book Authority (SBA) has announced the opening of registration for the 40th edition of the Sharjah International Book Fair (SIBF) Awards and will be accepting entries until the end of August. The SBA will honour local, regional, and global excellence in literature in five distinctive awards, including the Sharjah Translation Award ‘Turjuman’, Best Emirati Book, ...

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• 23 June

  Having one pilot in the cockpit is a terrible idea

  

  It took just 23 seconds for Qantas Airways Ltd Flight QF72 to drop 690 feet, throwing passengers into the ceiling midway through its journey from Singapore to Perth. Within five seconds, the Airbus A330 experienced forces equal to negative 0.8-times gravity switching to 1.56G, which must have felt first like the drop of a roller coaster followed by an acceleration ...

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