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DUBAI / WAM The UAE Ministry of Education announced a collaboration agreement with its counterpart in the Sultanate of Oman, during an official visit by Dr Ahmad Belhoul Al Falasi, Minister of Education and the ministry’s delegation to Oman. This agreement aims to enhance collaboration and the exchange of expertise in the field of education between the two ministries. Dr ...

BLOOMBERG  Deutsche Bank AG is seeking to cut office space by 40% at its key base as a rising number of employees work from home. Germany’s largest lender expects to achieve reductions across Frankfurt and neighbouring Eschborn by the end of 2024, it said in a response to an investor question at its annual general meeting on Wednesday. Almost two ...

ABU DHABI / WAM Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without lost time injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers. These achievements represent major milestones for ADT since inception. Recording more than 10 million man-hours without LTI is rare across the industry and reflects ...

ABU DHABI / WAM Alcoa and Emirates Global Aluminium (EGA) have announced a new multi-year agreement, with Alcoa set to supply EGA with smelter grade alumina. The agreement, spanning eight years starting in 2024, includes volume options that enable EGA to procure up to 15.6 million metric tonnes of alumina from Western Australia. This supply agreement represents a substantial portion ...

ABU DHABI / WAM Etihad Airways announced that it will fly to Osaka five times per week beginning from October 1. “We are delighted to introduce flights to Osaka for the first time,” said Antonoaldo Neves, Chief Executive Officer of Etihad Airways. “As one of the world’s most cosmopolitan cities, I know visitors will enjoy exploring its heritage and sampling ...

ABU DHABI / WAM Al Seer Marine, the global player across multiple marine sectors and a subsidiary of the International Holding Company (IHC), has secured a major cornerstone investment in Adnoc Logistics & Services PLC, the global energy maritime logistics leader with share value of AED 257 million ($70 million). The move comes as part of the company’s strategy to ...

ABU DHABI / WAM Adnoc Logistics & Services, a global energy maritime logistics leader, on Tuesday announced the offer price range and the opening of the subscription period for its initial public offering (IPO) on the ADX. The price range for the offering has been set between AED1.99 to AED2.01 per share, implying an equity value of $4.01 billion to ...

DUBAI / WAM In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to develop an integrated system to support the growth of family businesses, HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of ...

ABU DHABI / WAM Dr Bader Abdullah Al Matrooshi, UAE ambassador to Vietnam, met with General To Lam, Minister of Public Security of Vietnam. During the meeting, they discussed strengthening relations between the two countries in areas of common interest. Al Matrooshi stressed the depth of relations between the two countries and the keenness of the UAE leadership to reinforce ...

LONDON / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Grant Shapps, Secretary of State for the Department for Energy Security and Net Zero of the UK. During the meeting, which took place as part of HH Sheikh Abdullah’s working visit to London, the two sides discussed the friendly relations and ...