Bloomberg Oil falls amid concern that a resurgent virus will hurt demand in some economies, while industry data showed a slight build in US inventories. West Texas Intermediate retreated 1.1%, extending Tuesday’s decline. The renewed spread of Covid-19 in countries such as India is casting a pall over the global economic rebound, even as signs of an improvement in energy ...
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April, 2021
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21 April
Etihad Airways operates its first ecoFlight for 2021
Emirates Business Etihad Airways, the national carrier of the UAE, has operated its first ecoFlight for 2021, continuing research and testing under the Etihad Greenliner programme to assess environmental sustainability initiatives during scheduled services. This is Etihad’s fourth ecoFlight, operated on the airline’s signature Greenliner aircraft which is fully offset for all operations through 2021 as part of the airline’s ...
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21 April
UAE leaders greet UK’s Queen Elizabeth on her birthday
ABU DHABI / WAM President HH Sheikh Khalifa bin Zayed Al Nahyan sent a message of congratulations to Her Majesty Queen Elizabeth II of the United Kingdom of Great Britain and Northern Ireland on the occasion of Her Majesty’s birthday. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and ...
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21 April
Etihad Airways operates its first ecoFlight for 2021
Abu Dhabi / Emirates Business Etihad Airways, the national carrier of the United Arab Emirates, has operated its first ecoFlight for 2021, continuing research and testing under the Etihad Greenliner programme to assess environmental sustainability initiatives during scheduled services. This is Etihad’s fourth ecoFlight, operated on the airline’s signature Greenliner aircraft which is fully offset for all operations through 2021 ...
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21 April
DGCX’s Pakistani rupee futures contract launched
Dubai / WAM The Dubai Gold & Commodities Exchange (DGCX) announced the launch of its Pakistani Rupee (PKR) Futures Contract and is now available for trading. As the first-of-its-kind on any regulated exchange in the world, the contract will provide members and their clients with the ability to hedge exposure to the Pakistani Rupee. It will also provide trading opportunities ...
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21 April
Expo 2020 spotlights five innovations to tackle Covid-19 related challenges
Dubai / WAM A wearable device that warns when social distancing is not being respected and a Jordanian programme helping vulnerable communities grow online businesses during lockdown are among five new projects selected from a call for Covid-19-related proposals from Expo 2020 Dubai’s Global Best Practice Programme. The hand-picked initiatives join 45 existing best practice projects, whose simple, effective and ...
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21 April
First blockchain-enabled precious metals refinery to open in Dubai
Dubai / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced the signing of a sale and purchase agreement (SPA) with REIT Development to establish the largest precious metals refinery and storage facility across the GCC and the first to be completely enabled by blockchain in the GCC. As part ...
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21 April
Zakat Fund, MoFAIC sign strategic MoU
ABU DHABI / WAM Zakat Fund has signed a strategic Memorundum of Understanding (MoU) with the Ministry of Foreign Affairs and International Cooperation (MoFAIC), to improve services rendered to UAE nationals overseas. The agreement, signed by Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund, and Khalid Abdullah Belhoul, Undersecretary of MoFAIC, embodies the directives of the UAE visionary ...
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21 April
Ataya’s online shopping destination showcases talented global designers
ABU DHABI / WAM Annual charity initiative ‘Ataya’ announced that its new online shopping destination will be launched on Thursday. Organised by Emirates Red Crescent, Ataya has become a pillar of the Abu Dhabi’s cultural calendar and a hallmark in the field of social and humanitarian work in the UAE and across the world, according to a press release issued ...
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21 April
China urges UN to assess Japan’s ‘illegal’ wastewater plans
Bloomberg China says the United Nations and other international bodies should talk over Japan’s decision to dump wastewater from the Fukushima nuclear power plant into the ocean, further ramping up its criticism of Tokyo’s plans. “Japan is obliged to hold a full consultation with all stakeholders, especially neighbouring countries,†Foreign Ministry spokesman Wang Wenbin said at a regular press briefing ...
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