Abu Dhabi / WAM Means to advance cooperation opportunities between the Abu Dhabi Fund for Development (ADFD) and Colombia were discussed over a virtual meeting. Mohammed Saif Al Suwaidi, Director General of ADFD held a video conference with Marta Lucia Ramirez, Vice President of Colombia, where both parties focused discussions on relations between the UAE and Colombia and ways to ...
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June, 2020
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10 June
UAE economy expected to rebound in H2: Central bank
ABU DHABI / WAM The central bank of the UAE (CBUAE) has projected the recovery of economic activity to commence in the second half of the year. The first quarter economic activities witnessed mixed movements, with the UAE economy performing well during the first two months of 2020. The bank affirmed — in the Quarterly Economic Review 2020 published on ...
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10 June
Sheikh Saif bin Zayed rolls out FazaaHemam Card
ABU DHABI / WAM Inspired by the vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and as per the directions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy ...
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10 June
Etihad’s MRO unit expands aircraft maintenance ops
ABU DHABI / WAM Etihad Engineering, the Maintenance, Repair and Overhaul (MRO) arm of Etihad Aviation Group, has been expanding its operations in aircraft maintenance and parking, to meet the new requirements of airline operators as fleets have been grounded due to the Covid-19 pandemic. In a statement on Wednesday, Etihad Engineering said, “The MRO provider continues to adapt to ...
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10 June
Two Covid-19 screening clinics launched in Al Ain
Abu Dhabi / WAM Tawam Hospital in Al Ain has announced the launch of two mobile Covid-19 screening clinics for individuals that show symptoms of the disease. The hospital – an Abu Dhabi Health Services Company (Seha) facility – noted that the clinics are stationed in two different locations. The first clinic is based opposite Al Jimi Malla, while the ...
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10 June
ADU among top 750 universities globally
Abu Dhabi / WAM Abu Dhabi University (ADU) has been ranked among the top 750 universities in the world for the third year in a row, according to the 2021 QS World University Rankings. ADU recorded an increase of 15 percent in Academic Reputation, the world rankings indicator with the highest weightage. Reinforcing this performance, the university also improved at ...
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10 June
Tata Asset Management sets up regional office in DIFC
Dubai / WAM Dubai International Financial Centre (DIFC) announced that it has welcomed Tata Asset Management Limited (TAML) to the centre. Tata Asset Management is one of the earlier asset management companies in India and is a part of the Tata group that have revenues of $113 billion (2018-19). Headquartered in India, the Tata Group is an over 150 years ...
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10 June
A lynching in July 1946 continues to haunt US!
To place today’s racial tensions in perspective, you must remember this: Back in the day, post-lynching souvenir hunting — fragments from the hanging tree; victims’ body parts — was a hobby for some. A student who found a victim’s tooth at Moore’s Ford Bridge in July 1946 gave it to his friend for her charm bracelet. The past really is ...
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10 June
Macron needs $17b to save Airbus
The Covid-19 pandemic has brought the usually resilient aerospace industry to its knees. Air passenger traffic has collapsed by 90% in Europe and isn’t likely to get back to pre-virus levels for several years. Airlines are fighting for survival and have grounded their fleets. Passenger-jet makers Airbus SE and Boeing Co, after years of briskly building planes to meet booming ...
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10 June
Apple’s chip switch is double trouble for Intel
It’s finally going to happen. Apple Inc is on the verge of using its own chips over Intel Corp’s for its Mac computers. Bloomberg News reported that Apple is preparing to announce as soon as this month that it will use its own processors in Macs starting next year. The new Macs will incorporate the same internally-developed semiconductors, based on ...
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