Bloomberg Packaged-foods maker Conagra Brands Inc cut its sales and earnings forecast, blaming a slowdown at restaurants over the holiday season and subsequent weakness at retailers in January. The Chicago-based company now anticipates organic sales to be flat or to grow only 0.5% in the fiscal year that ends in three months, a reduction from its prior growth forecast of ...
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February, 2020
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18 February
UAE’s Barakah nuclear plant’s unit 1 to begin operations
Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR), the UAE’s independent nuclear regulator, on Monday announced it has granted Nawah Energy Company the operating licence for Unit 1 of the Barakah Nuclear Power Plant, making the UAE the first country in the Arab region to operate a nuclear power plant. In a press conference in Abu Dhabi, ...
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18 February
Dubai external food trade crosses AED86.2b in 2019
DUBAI / WAM Figures released by Dubai Customs showed a three percent growth in Dubai’s external trade in foodstuff in 2019, reaching AED86.2 billion compared to AED84 billion in 2018. According to the customs authority, which revealed the figures during the Gulfood 2020 Exhibition currently taking place in Dubai, exports totalled AED16.94 billion, a growth of 15.3 percent, compared to ...
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18 February
Region’s first plant-based water bottle launched
DUBAI / WAM Agthia Group, a regional food and beverages company, on Monday announced the launch of the ‘Al Ain Plant Bottle’, the region’s first plant-based water bottle. The packaging of the new bottle is environmentally friendly and made from 100 percent plant-based sources, including the cap. The water bottle serves a growing consumer move towards sustainability, as it is ...
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18 February
World Bank: Lebanon is at risk of ‘implosion’
Bloomberg Lebanon is at risk of “implosion†unless it develops a new governance model that’s more transparent than today’s system, according to the World Bank. “Politicians need to stop and listen,†Ferid Belhaj, the World Bank’s most senior official for the Middle East and North Africa, said in an interview. “You cannot continue doing what you’ve been doing for years ...
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18 February
‘GWF supports comprehensive women’s empowerment’
DUBAI / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, described the Global Women’s Forum Dubai 2020 as a major event that supports comprehensive women’s empowerment. Holding the forum in the UAE is the outcome of the global attention ...
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18 February
Etihad Cargo, dnata extend partnership to 15 gateways
ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has bolstered its global handling partnership agreements with dnata, an Emirati airport services provider. The new agreements align the two UAE-based companies until 2023, with dnata providing warehouse and cargo handling services to manage 180,000 tonnes of air cargo carried annually across 15 gateways in ...
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18 February
Abu Dhabi manuscripts conference kicks off
ABU DHABI / WAM Organised by the Department of Culture and Tourism – Abu Dhabi, the 2nd Abu Dhabi Manuscripts Conference kicked off on Monday at Saadiyat Island’s Manarat Al Saadiyat. The event aims to highlight issues and technical challenges in the field of manuscript preservation, while exploring practical solutions. Taking place under the theme, ‘Issues and Insights’, the opening ...
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18 February
‘Maritime academy’ partners with MICE Global
Abu Dhabi / WAM The Abu Dhabi Maritime Academy signed a strategic partnership agreement with MICE Global Singapore to augment the academy’s current programme. The agreement with MICE Global Singapore, a specialist in professional marine training is part of the academy’s commitment to providing world-class training and education in the maritime sector, not only for the UAE but also for ...
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18 February
Emirati-designed ‘Expo Live Pavilion’ to inspire millions
DUBAI / WAM The Emirati-designed Expo Live Pavilion in Expo 2020 Dubai’s Opportunity District aims to inspire millions of visitors to become change-makers by showcasing the social innovators, supported by Expo Live, who are having a measurable impact on people’s lives across the world. A human-focused experience, ‘The Good Place’ was designed by Ahmad Abdulrahman Bukhash, founder of Dubai architecture ...
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