Bloomberg Saudi Aramco started the sale of its debut dollar bonds, drumming up an orderbook of about $40 billion, according to people familiar with the matter. The oil giant is offering six-tranche debt, according to people familiar with the matter. The world’s most profitable company is tapping the market ahead of a planned $69 billion acquisition. Demand for the most ...
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April, 2019
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8 April
‘5G is the ‘future of connectivity’ for telecom sector’
Dubai / Emirates Business Etisalat’s pioneering efforts in 5G will pave the way for the ‘Future of Connectivity’ with innovation and digital transformation taking centre stage and leading the company to play a greater role in the digital lives of consumers and enterprises, said Hatem Bamatraf, Chief Technology Officer (CTO), Etisalat International at 5G Mena 2019. Bamatraf was the keynote ...
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8 April
Etihad to deploy Dreamliner to Johannesburg, Lagos, Milan
Abu Dhabi / WAM This Summer, Etihad Airways has announced that it will introduce the Boeing 787-9 Dreamliner on its scheduled services from Abu Dhabi to Johannesburg, effective August 1, Lagos, effective August 2, and Milan, effective September 1, replacing the Airbus A330s currently operating the routes. All three destinations will feature Etihad Airways’ next-generation Business and Economy cabins, configured ...
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8 April
Dewa showcases robust infrastructure at AIM
Dubai / WAM The Dubai Electricity and Water Authority (Dewa), is participating in the Annual Investment Meeting (AIM) 2019, that began on Monday at the Dubai World Trade Centre and will conclude on April 10. At the AIM, which has been organised by the Ministry of Economy, Dewa is showcasing its key projects and initiatives, and robust infrastructure, as part of its ...
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8 April
ADX holds workshop to discuss strategic plan
ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) held a workshop to discuss the preparation and updating of the Exchange’s current strategic plan. The workshop was attended by Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, Board Members and Executive Management members of ADX. Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, during the workshop, which was ...
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8 April
3,566 buildings built in Abu Dhabi in 2018
Abu Dhabi / WAM Abu Dhabi reinforced its urban development in 2018, to meet the requirements of population growth and enhance the process of sustainable development witnessed by its economic, services and social sectors. In 2018, Abu Dhabi witnessed the construction of 3,566 buildings, a monthly average of 297.1 and a daily average of 9.7, according to the Abu Dhabi ...
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8 April
Women’s empowerment on top of UAE’s priorities’
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received at Qasr Al Bahr Majlis the first certified Emirati women firefighters, who have recently graduated from a Women Firefighting Course in Sharjah. “The UAE woman is always proving her worth in ...
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8 April
Mohamed honours Emirati heroes of national duty
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday honoured a number of Emirati heroes of national duty in recognition of their significant efforts to advance humanitarian work overseas. Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the ...
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8 April
UAE, Saudi announce $200m for Yemenis during Ramadan
ABU DHABI / WAM In a joint effort, the UAE and Saudi Arabia have pledged $200 million in relief assistance for Yemenis for the Holy Month of Ramadan. During a press conference held at the Foreign Correspondents Club of the UAE on Monday, Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, announced the third KSA-UAE Humanitarian Response ...
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8 April
Marine transit network on Dubai Creek restructured
DUBAI / WAM Dubai’s Roads and Transport Authority (RTA), announced changes in the marine transit network of Dubai Creek as part of its continues efforts to improve service and convenience. “The restructuring of marine transport lines and stations of Dubai Creek is part of our strategic plan to fulfill the needs of marine transport users. Lines have been increased from one ...
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