February, 2020

• 16 February

  Etihad celebrates 15 years of flying to India

  

  ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, hosted an event for frequent flyers and key trade, government and media partners as part of its ongoing activities to celebrate 15-years of flying to India. The airline began operations in India in September 2004 and it has grown to become its second largest market after ...

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• 16 February

  SGH awards its patients for their talent performance

  DUBAI / Emirates Business Saudi German Hospital Group UAE (SGH) is first hospital in UAE and Middle East to award its patients for their talent at SGH Talent. In the grand finale Vaidehi Rastogi and Aashi Chadurvedi both became winners, Lola Martines and Samar Kandil awarded first and second runner up respectively. This is the initiative of SGH UAE providing ...

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• 16 February

  AdPower to develop largest thermal plant

  

  Abu Dhabi/ WAM The Abu Dhabi Power Corporation (ADPower), and Japan-based Marubeni Corporation, on Sunday announced the formation of a consortium to develop the Fujairah F3 independent power producer (IPP) project, which will be the largest independent thermal power plant to be operated in the UAE. To mark the occasion, a ceremony was held at the headquarters of the Emirates Water ...

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• 16 February

  UAE, UK boost trade relations post Brexit

  

  DUBAI / WAM As the UK reshapes its future trade policy during the post-Brexit transition period, the UAE – UK’s largest export market in the Middle East and the 13th biggest globally – has become one of its first trade allies to reaffirm its commitment in trade relations. This commitment was signified by a meeting between Etihad Credit Insurance (ECI), ...

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• 16 February

  Ivanka Trump praises UAE’s reforms on women’s rights

  

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended the opening session of Global Women’s Forum Dubai (GWFD 2020), which kicked-off on Sunday in the emirate. He was accompanied at the event by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of ...

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• 16 February

  Gulfood 2020 highlights latest F&B innovations

  

  DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, on Sunday opened 25th edition of Gulfood 2020, the annual food and beverage (F&B), trade show at Dubai World Trade Centre (DWTC). An open invitation for F&B producers to demonstrate how they are ‘Rethinking Food’ to serve a global population that ...

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• 16 February

  First Abu Dhabi Bank raises AED3bn via bonds in 3 days

  

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB), issued bonds worth over AED3 billion via two separate public issuances in three days, marking its first ever Sterling bond and first Kangaroo bond since 2014. FAB issued its inaugural three-year AED2.15 billion fixed rate bond, under its $15 billion Euro Medium Term Note (EMTN), Programme. According to a statement released ...

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• 16 February

  Women’s empowerment is part of Emirati culture

  DUBAI / WAM The UAE has strengthened its regional and international leadership in women’s empowerment, and is harnessing their potential to serve this purpose, as well as drafting frameworks and mechanisms to ensure gender balance, said Mohammed Jalal Al Raisi, Executive Director of the Emirates News Agency (WAM). “The UAE’s related efforts has made women’s empowerment a reality and has ...

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• 16 February

  18 banks, financial firms record AED46.47b profit

  

  ABU DHABI / WAM A total of 18 out of 19 national banks and financial companies registered in Emirati financial markets declared their financial figures for 2019, which highlighted an increase in their total net profits to AED46.47 billion, an increase of 11.6 percent compared to AED41.63 billion in 2018. The reported increase reflects the ability of the national banking ...

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• 16 February

  Abu Dhabi’s Ghadan 21 programme accelerates emirate’s development

  

  Abu Dhabi / WAM From instant licences and incubators, to affordable school places and art springing up all over town, Abu Dhabi’s AED 50 billion ($13.6 billion) programme Ghadan 21 is accelerating Abu Dhabi’s development as a place where businesses, innovative ideas and diverse people can not only grow, but thrive. Envisioned by His Highness Sheikh Mohamed bin Zayed Al ...

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