Tel Aviv / WAM Wizz Air Abu Dhabi, the newest national airline of the United Arab Emirates, has landed for the first time in Israel and launched the route between Tel Aviv and Abu Dhabi. The new route operates three times per week in April. Starting from May, Wizz Air Abu Dhabi will operate flights between the two destinations on ...
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April, 2021
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19 April
Abu Dhabi to boost economic ties with Armenia
Abu Dhabi / WAM Mohamed Helal Al Mhairi, Director-General of Abu Dhabi Chamber of Commerce and Industry, received Mher Mkrtumyan, Ambassador Extraordinary and Plenipotentiary of Armenia to the UAE, at the chamber’s tower in Abu Dhabi and discussed with him the means of increasing economic cooperation between the two countries. During the meeting, Al Mheiri praised the outstanding relationship between ...
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19 April
Julphar reports net sales of AED581.2mn in 2020
Ras Al Khaimah / Emirates Business The shareholders of Gulf Pharmaceutical Industries (Julphar), one of the largest pharmaceutical manufacturers in the Middle East and Africa, approved the board report of the company’s activities and financial position for the financial year ending December 31, 2020 at the company’s annual general meeting. Over the last financial year, Julphar recorded net sales of ...
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19 April
UAE reports 1,760 new recoveries from Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 141,862 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Monday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...
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19 April
UAE, Pakistan discuss ways to further develop cooperation
Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, on Monday received, in his palace, Makhdoom Shah Mahmood Qureshi, Foreign Minister of Pakistan, who is currently visiting the UAE. During the meeting, Sheikh Nahyan welcomed Qureshi and his delegation, and both sides discussed ways to further develop cooperation between the UAE and Pakistan, to ...
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19 April
Dubai’s external foodstuff trade amounts to AED52bn in 2020
Dubai / WAM The UAE showed an outstanding performance in securing food during the Covid-19 pandemic with Dubai external foodstuff trade reaching AED52 billion in 2020, according to Dubai Customs. “Food security is gaining more importance under the current circumstances, and the challenges posed by the pandemic which swept across the world,” said Nassim Al Mehairi, Manager of Statistics Section ...
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19 April
Dubai shuts 53 food outlets for violating Covid-19 rules
DUBAI / WAM Dubai Municipality closed down 53 food establishments during the first quarter of this year for violating Covid-19 protocols. Inspection campaigns are on during Ramadan to ensure that food establishments meet the requirements for transporting, storing, preparing and displaying food products and materials. Sultan Al Taher, Head of Food Inspection Section in the municipality said that the officials ...
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19 April
Smart Dubai launches new ‘Zakat’ service on DubaiNow App
Dubai / WAM Smart Dubai announced it collaborated with the UAE Zakat Fund to launch a new and secure Zakat payment service on the government service application DubaiNow in time for the Holy Month of Ramadan. The new service allows users to calculate their Zakat amount per Islamic Sharia law, and then pay the full amount or part of it. ...
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19 April
Gas is new coal with risk of $100b in stranded assets
Bloomberg Natural gas is falling out of favour with emissions-wary investors and utilities at a quicker pace than coal did, catching some power generators unaware and potentially leaving them stuck with billions of dollars of assets they can’t sell. Citigroup Inc and JPMorgan Chase & Co are among the banks that strengthened their financing restrictions on thermal coal under pressure ...
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19 April
London needs a tech IPO hit to forget Deliveroo debacle
London is finally getting a proper test of its appetite for loss-making, high-growth technology stocks. The impending initial public offering of cybersecurity startup Darktrace Plc fulfills many of the criteria that much-hyped Deliveroo Holdings Plc didn’t, but investors are still being asked to overlook some issues that would likely be less of a concern in the US. Deliveroo’s experience made ...
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