Lahore / AFP At least 56 people were killed and more than 200 injured when an apparent suicide bomb ripped through the parking lot of a crowded park in the Pakistani city of Lahore where Christians were celebrating Easter on Sunday, officials said. Dozens of ambulances were seen racing to the park, situated near the centre of the city of ...
Read More »Defiant Belgians gather as 2nd France plot suspect charged
Brussels / AFP Belgians gathered on Sunday in solidarity and defiance in central Brussels to remember victims of the country’s worst-ever terror attacks as prosecutors charged a second man over a foiled attack in France. As mourners gathered at a square which has been transformed into a shrine to the victims of Tuesday’s attacks on the airport and the metro ...
Read More »Opponents step up drive to oust Malaysia PM
Kuala Lumpur / AFP Leaders from across Malaysia’s political spectrum said on Sunday they plan to present a petition to the country’s Islamic royalty seeking the removal of scandal-plagued Prime Minister Najib Razak over a corruption crisis. The highly unusual grouping of heavyweights from the ruling party, the opposition and civil society groups was formed in early March, when it ...
Read More »ADX issues cash dividends to UNB
Abu Dhabi / Emirates Business Abu Dhabi Securities Exchange (ADX) announced on Sunday that it has distributed the first cash dividends on behalf of one of its listed companies through distributing the dividends of the shareholders of the Union National Bank (UNB) on bank’s behalf. Thus, the Union National Bank became the first listed company in the United Arab Emirates ...
Read More »AUH receives 1.86mn passengers in February
Abu Dhabi / WAM Abu Dhabi Airports reported an 8.7% increase in passenger traffic at Abu Dhabi International Airport (AUH), for February 2016, compared to the same month last year. A total of 1,863,942 people traveled through AUH last month, exceeding February 2015’s figure of 1,715,540. “We continue to see year on year growth in passenger numbers traveling through Abu ...
Read More »ADM hands over houses to Emiratis in Abu Dhabi
Abu Dhabi / WAM Abu Dhabi Municipality (ADM) on Sunday handed over around 60 percent of a batch of communal houses, recently ordered by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, for nationals. Last week, HH Sheikh Mohamed ordered the handing over of 1,463 houses ...
Read More »ADIB advises Oldendorff in sale of Eships
Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB), a leading financial services group, has acted as the exclusive sell side advisor to Egon Oldendorff GmbH & Co. KG, part of the Oldendorff Group, the bank announced. Oldendorff is one of the world’s largest dry-bulk operators, ADIB acted on the full sale of its subsidiary Emirates Ship Investment Company LLC. ...
Read More »DEWA discusses trade, economic relations with US delegation
Dubai / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), received Arun Kumar, Assistant Secretary of Commerce for Global Markets and Director-General of the US and Foreign Commercial Service, and Vinay Vijay Singh, Senior Advisor for Global Markets, at his office to discuss trade and economic relations. The meeting is one of a ...
Read More »Al Hamra Real Estate seals deal with ADCB for RAK projects
Dubai / Emirates Business Al Hamra Real Estate Development (AHRED), the leading and largest developer in Ras Al Khaimah, has unveiled details of a new partnership with Abu Dhabi Commercial Bank (ADCB), a first for the property developer, to provide mortgage facilities for its expanding portfolio of projects. The newly inked agreement will see ADCB offer mortgage provision for the ...
Read More »Puerto Rico’s Cong rep hopes to amend debt crisis bill
San Juan / AP Puerto Rican Gov. Alejandro Garcia Padilla warned late on Saturday that he would challenge in federal courts and before the “community of nations†any law that he said would nullify the U.S. territory’s Constitution by concentrating government power in a body not elected by the people. Garcia Padilla was reacting to a draft of a U.S. ...
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