February, 2019

• 4 February

  UAE leaders hold wide-ranging discussions with Pope Francis

  

  Abu Dhabi / WAM 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 Supreme Commander of the UAE Armed Forces, have discussed with His Holiness Pope Francis the friendly relations between the UAE and ...

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• 4 February

  UAE’s Etihad Rail unveils new strategy and brand identity

  

  ABU DHABI / WAM Etihad Rail, the developer and operator of the UAE’s national railway network, has revealed details of their new strategy and brand identity, following the recent financing approval for Stage Two of the UAE’s national rail network. Operating under the directions of HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail, the new ...

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• 4 February

  Etihad to broadcast live Pope Francis’ holy mass onboard

  

  Emirates Business Worldwide leader of the Catholic Church, His Holiness Pope Francis, touched down in Abu Dhabi for a three-day trip to strengthen interfaith dialogue and understanding in support of peace. Etihad Airways, as the UAE’s national airline, is celebrating this first ever papal visit to the Arabian Gulf with festivities in its offices and on board its flights in ...

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• 4 February

  Nasdaq Dubai, FTSE Russell ink license pact

  

  DUBAI / WAM Nasdaq Dubai and FTSE Russell have signed a license agreement for the exchange to launch derivatives on FTSE Russell’s Saudi Arabia equity indices. In its first use of the license, Nasdaq Dubai intends to launch futures on the FTSE Saudi Arabia Index later this month on a date to be announced. The futures, together with other derivatives ...

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• 4 February

  ADIB net profit up 8.7% in 2018

  

  ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB), delivered a strong set of results for 2018 with net profit up 8.7 percent to AED 2,500.8 million and rise of 23.2 percent in Q4 2018 from Q4 2017 to AED748.3 million, driven by a growth in customer financing and an improvement in provisioning. The performance was also supported by higher ...

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• 4 February

  Dubai to host conference on regional retail industry

  DUBAI / WAM As retail CEOs are adjusting their strategy to reinvent and transform their business, the 5th Edition of the Retail Leaders Circle Mena Summit returns to Dubai on March 25-26 in Dubai. Spotlighting a stellar line-up of speakers and renowned thinkers, the annually summit provides a unique platform for the region’s leaders to navigate a complex business environment ...

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• 4 February

  Dubai Tourism highlights its commitment to India at Satte 2019

  

  DUBAI / Emirates Business Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism) participated in the 26th edition of South Asia’s largest travel and tourism exhibition (SATTE 2019), in January, in Greater Noida, India, further reinforcing the emirate’s continued commitment to one of its top performing source markets. Marking the first international roadshow of 2019, Dubai Tourism will be represented ...

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• 4 February

  Maduro defies Trump with vow to resist intervention

  

  Bloomberg Venezuelan President Nicolas Maduro said “we’re getting ready to defend our country” as the US presses him to cede power. While President Donald Trump signaled he’s confident a transition of power to opposition leader Juan Guaido is under way and said the use of US military force in Venezuela remains “an option,” Maduro went on Spanish television to denounce ...

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• 4 February

  Most oppose Trump ‘emergency’ to build border wall, says CBS

  

  Bloomberg Two-thirds of Americans oppose President Donald Trump declaring a national emergency if Congress doesn’t offer up the funds he wants to build a wall on the US-Mexican border, a CBS News poll shows. Most survey respondents —73 percent —also said they want Trump to continue negotiating while keeping the government open, rather than forcing another shutdown when funding expires ...

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• 4 February

  Ex-Bashir aide says change possible as protests rock Sudan

  

  Bloomberg A former top adviser to embattled Sudanese President Omar al-Bashir sees a “new spirit” in widespread protests that he said may bring great change to the economically troubled North African nation. Ghazi Salaheddine Atabani, who quit the ruling party after 2013 protests, said events such as the fall of the Soviet Union are proof that long-standing political systems can ...

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