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Abu Dhabi / WAM Etihad Airways on Tuesday launched the latest in a series of initiatives celebrating the UAE “Year of the 50th”. The airline has collaborated with the youngest Emirati chef, author, ice-skater, artists, and musical performers to curate unique works to commemorate the special anniversary. “We’ve taken the UAE’s 50th Anniversary to our heart and challenged ourselves to ...

Bloomberg President Joe Biden has decided to adhere to the deadline he set for evacuations from the Kabul airport, according to a senior administration official, leaving less than a week to fly out thousands of people from Taliban-controlled Afghanistan. The decision means that he rebuffed calls from the US’s closest allies to extend the Aug. 31 deadline during a virtual ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) announced the signing of framework agreements for Concept and Front-End Engineering Design (FEED) services for major projects across its full value chain to support the delivery of its 2030 strategy. The framework agreements – which were signed with eight top-tier global engineering contractors — have a combined scope worth ...

Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) on Monday officially unveiled “Amwali” digital bank, the world’s first Islamic digital bank targeting youth between the age of 8 to 18. Co-created with the Founders Club, a cohort of Emirati youth and their parents, the all-in-one banking solution is designed to empower young customers with a dedicated digital banking experience, ...

Abu Dhabi / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, has received a phone call on Monday from Peeni Henare, Minister of Defence of New Zealand. The two ministers discussed cooperation and joint action between the UAE and New Zealand in defence and military affairs, and touched upon regional issues of common interest. They also ...

KUWAIT / WAM Dr Matar Hamed Al Neyadi, UAE Ambassador to Kuwait, met Kuwait’s Minister of Health, Dr Basel Hamoud Al-Hamad Al-Sabah, at his office in the Ministry. Al Neyadi highlighted the UAE’s keenness to boost joint cooperation and strengthen relations between the two brotherly countries to achieve the aspirations of the two countries’ leadership and peoples. For his part, ...

Dubai / WAM Emirates has signed an interline agreement with CemAir that opens up connections to six more destinations in South Africa through the airline’s gateways of Johannesburg and Cape Town. The partnership also includes a couple of leisure points exclusively served by CemAir. This marks the first partnership between both airlines, and Emirates’ fourth airline partnership in South Africa. ...

Bloomberg India plans to raise 6 trillion rupees ($81 billion) from selling state-owned infrastructure assets over next four years to help bolster the government’s finances and plug its budget deficit, according to people familiar with the matter. The plan will include sale of road and railway assets, airports, power transmission lines and gas pipelines, said the people who asked not ...

Bloomberg Intel Corp has spent 140 billion dong ($6.1 million) in just one month to meet strict Vietnamese anti-virus mandates for factories in Ho Chi Minh City to ensure it can keep operations going. The costs include providing sleeping accommodations for workers, according to Ho Thi Thu Uyen, head of external affairs for Intel in Vietnam and Malaysia. Intel Vietnam ...

Bloomberg Southeast Asia stands to reap $12.5 trillion in economic gains by 2070 if it takes urgent moves to slow climate change, while inaction could yield losses more than double that size, according to the Deloitte Economics Institute. The region’s gross domestic product could grow by an average of 3.5% per year over the next five decades if it nurtures ...