ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) has extended the scope of use of interactive bilingual claim forms to cases before the Courts of Appeal, allowing foreign litigants to easily familiarise themselves with court procedures. Youssef Saeed Al Abri, ADJD Under-Secretary, said that adopting the Arabic and English appeal forms comes as the fourth phase of the ...
Read More »Covid-19: UAE reports 1,686 new recoveries
ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 179,453 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...
Read More »Waha Capital announces AED111mn profit in Q1
Abu Dhabi / WAM Waha Capital on Tuesday announced its results for the first quarter of 2021. The company delivered an overall Q1 profit of AED 111 million as both the Public Markets and Private Investments businesses demonstrated robust performance, while the global economic outlook continued to improve due to Covid-19 vaccination efforts. According to financial statement, the public markets ...
Read More »Agthia posts 17% rise in Q1 2021 revenues
Abu Dhabi / Emirates Business Agthia Group, a leading regional food and beverages company, on Tuesday announced its Q1 2021 financial results for the period ending March 31. The group recorded earnings per share of AED0.069 per share and total revenues of AED 665.5 million, representing 57% and 17% year-on-year growth, respectively, compared to the same period in 2020. The ...
Read More »Sharjah explores bolstering economic ties with Costa Rica
SHARJAH / WAM The Sharjah Chamber of Commerce & Industry (SCCI) has welcomed a high-level delegation from the Republic of Costa Rica to explore means of enhancing commercial and economic cooperation and encourage mutual investments across vital sectors, thus strengthening partnerships between business communities in both countries. The Costa Rican delegation, which included Andrian Arrigita, Deputy Minister of Foreign Affairs ...
Read More »UAE dispatches fourth shipment of Covid-19 vaccine doses to Syria
DAMASCUS / WAM A fourth Emirati aid aircraft arrived in Damascus on Tuesday loaded with significant quantities of the coronavirus (Covid-19) vaccine. The aircraft was dispatched by the Emirates Red Crescent (ERC), in coordination with the Syrian Red Crescent Association, to assist the Syrian health sector in addressing the repercussions of the pandemic and support local preventive measures aimed at ...
Read More »DCT Abu Dhabi to launch three new cultural heritage initiatives
ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced it will launch a new series of cultural initiatives, including the Abu Dhabi Register of Artisans, the Abu Dhabi Crafts platform, and the recently reopened House of Artisans at Al Hosn, to help safeguard and disseminate the intangible cultural heritage of the ...
Read More »Carbon hits record 50 euros for first time on tighter pollution rules
Bloomberg The cost of pollution in the European Union exceeded 50 euros ($60) per metric ton for the first time in the market underpinning the region’s energy transition. Carbon’s run of records in the past year has mirrored the EU’s resolve to ramp up its climate ambition. The bloc’s cap and trade system is a key tool to enact its ...
Read More »Biggest US coal miner taps James Grech as its CEO
Bloomberg Peabody Energy Corp, the biggest US coal producer, named James Grech to be its next chief executive officer as the industry faces a long-term decline in demand for the fuel. Grech, the CEO of the Utah-based coal company Wolverine Fuels, will take over at Peabody from June 1, according to a statement. Peabody said in March that its current ...
Read More »BP lures investors with share buybacks post tough year
Bloomberg BP Plc set out to win back shareholders after a difficult year, saying it will begin share buybacks after “exceptional†natural gas trading buoyed earnings. The gesture is aimed at investors who have shown little love for the company since it cut its dividend by half last year. After lagging its European peers for much of 2020, BP re-jigged ...
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