March, 2021

• 8 March

  Abu Dhabi’s IHC reports AED3b net profit for 2020

  

  ABU DHABI / WAM Abu Dhabi-based strategic investment company International Holding Company (IHC) reported a net profit of AED 3 billion for 2020, a six-fold, year-on-year increase, driven by a series of acquisitions as well as organic growth across its diversified portfolio. In its fully audited financial statements for the full year 2020, published on 4th March 2021, the Company ...

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• 8 March

  Etihad extends global Covid-19 insurance

  

  Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, has extended its Covid-19 global wellness insurance cover until September 30, 2021. Martin Drew, Senior Vice President Sales & Cargo, Etihad Airways, said: “Extending Etihad’s Covid-19 global wellness insurance reinforces the effectiveness of Etihad Wellness, the airline’s health and hygiene programme. It’s an added benefit ...

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• 8 March

  UAE condemns Houthi drone attacks on Khamis Mushait

  ABU DHABI / WAM The UAE has strongly condemned the Iranian-backed terrorist Houthi militias’ systematic attempts to target civilians and civilian structures in Khamis Mushait, Saudi Arabia, with four “booby-trapped” drones, which were intercepted by the Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE said that the continued threat of these ...

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• 8 March

  FTA: Services provided by artists, SMIs subject to VAT

  

  ABU DHABI / WAM The Federal Tax Authority (FTA) has clarified in a bulletin that services provided by artists and social media influencers (SMIs) for consideration are subject to Value Added Tax (VAT). The bulletin outlines that VAT applies to such services provided by artists and social media influencers that include, but are not limited to, any online promotional activities ...

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• 8 March

  UAE ministry explores growth of healthcare sector post Covid-19

  

  Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT) on Sunday convened a number of the UAE’s pharmaceutical and medical industry companies in the fourth session of its ‘Future of Industry Dialogue’ series to discuss ways in which the ministry can drive strong growth of the sector in a post Covid-19 economy. Led by Dr Sultan Al ...

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• 8 March

  Virtual series explores prospects for boosting UAE-Kazakhstan ties

  

  Dubai / WAM There is vast potential for the UAE and Kazakhstan to expand business ties in key sectors and areas of mutual interest, such as food security, agriculture and digitalisation of economic sectors, according to government officials and trade experts who spoke at the latest Global Partnership Series event. The virtual forum, organised by the Dubai Chamber of Commerce ...

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• 8 March

  DoH chief: Women have played a pivotal role in development of UAE

  

  DUBAI / WAM Since the dawn of the Union, the UAE has stood out as a beacon of hope for the advancement and empowerment of women and they have played a pivotal role in the development and journey of the UAE, stated Abdullah bin Mohammed Al Hamed, Chairman of the Department of Health – Abu Dhabi (DoH), on the occasion ...

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• 8 March

  Dubai Municipality wins Ideas Arabia award

  Dubai / WAM Dubai Municipality has won Ideas Arabia international award, organised by Dubai Quality Group, in the “Sustainability” category, through the initiative “Applying Artificial Intelligence System to Monitor and Control Wastewater Treatment Processes at Jebel Ali Plant.” Eng. Mohammad Al Rayes, Director of Sewage Treatment Network and Plants Department at Dubai Municipality, said: “The initiative aims to implement a ...

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• 8 March

  RTA achieves global distinction in managing metro noise level

  

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has been accredited by a specialised benchmarking study accredited for the superior performance in ensuring that the daily operation of the Dubai Metro complies with the standard noise and vibration levels. Such findings were made in a study that covered multiple metro systems of metropolitan cities in the second half of ...

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• 8 March

  UAE, Serbia to boost ties in infra, transportation fields

  

  BELGRADE / WAM Mubarak Saeed Burshaid Al Dhaheri, UAE Ambassador to Serbia, and Ana Brnabic, Prime Minister of Serbia, discussed the distinguished relations between the two friendly countries and ways of bolstering them. The two sides also affirmed the keenness and support of the leadership in their respective countries to develop aspects of joint cooperation in all fields, including in ...

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