UAE strengthens air cargo industry with launch of ‘CARDS’ data platform

ABU DHABI / WAM The General Civil Aviation Authority (GCAA) has launched the Cargo Data Reporting System (CARDS), which provides a range of technical services to government entities, national airlines, ground handling agents and express service providers. CARDS is the first platform of its kind to provide an analytical view of air cargo movements to, from and through the UAE ...

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MoHAP lights up landmarks in red to raise TB awareness

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) lit up prominent landmarks across the country in red, celebrating World TB Day on March 24 observed this year under the theme “Yes! We can end TB.” Illuminated landmarks included Dubai Frame, Mohammed bin Rashid Library, Fujairah Fort, Zayed Sports Complex in Fujairah, and Ajman Museum. The initiative, conducted in ...

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Abu Dhabi Global Market announces incentives for Al Reem Island businesses

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) has announced a new incentive initiative crafted exclusively for established businesses situated on Al Reem Island, operating within the non-financial and retail sectors. This initiative is strategically designed to bolster support for these businesses during their transition from the Abu Dhabi Department of Economic Development (ADDED) to ADGM. Through this incentive ...

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UAE banks lead in revenue in region: Roland Berger

DUBAI / WAM Saumitra Sehgal, Head of Financial Services in the Middle East at Roland Berger, a global strategy consultancy, said that the revenue of the UAE bank branches is the highest in the region at US$18.6 million per branch for retail services. Sehgal added, in statements to Emirates News Agency (WAM), that digital transformation has enabled Gulf banks to ...

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Gold holds tight range on Tuesday

WORLD CAPITALS / WAM Gold prices were stuck in a tight range on Tuesday as investor focus turned to US inflation data due later this week, which could shed more light on the timing of the Federal Reserve’s first interest rate cut this year, Reuters reported. Spot gold was little changed at $2,172.58 per ounce, as of 0549 GMT. Also, ...

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Asian shares trading mixed after Wall Street’s momentum cools

TOKYO / WAM/ AP Asian shares were mixed in muted trading on Tuesday, as buying in some markets was soon erased by profit-taking. Japan’s benchmark Nikkei 225, where computer chip-related issues had interested investors early, reversed course to slip nearly 0.2 percent on Tuesday trading to 40,336.31. Australia’s S&P/ASX 200 fell 0.1 percent to 7,801.20. South Korea’s Kospi added 1.2 ...

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‘Ramadan Nights’ exhibition kicks off at Expo Sharjah

SHARJAH / WAM The 41st edition of “Ramadan Nights” exhibition kicked off last week and is slated to run until April 10. Organised by the Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce and Industry (SCCI), the 21-day event features massive discounts of up to 75 percent on a wide variety of products offered by over ...

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Expo City Dubai hosts Hai Ramadan celebrations as part of ‘Ramadan In Dubai’ festivities

DUBAI / WAM As part of the ‘Ramadan In Dubai’ campaign, Expo City Dubai is hosting Hai Ramadan festivities, offering residents and visitors an array of distinctive cultural and traditional experiences, family-friendly activities, delectable iftars and suhoors, and vibrant artisanal markets. Expo City Dubai is once again home to the Iftar Cannon, with a single shot fired to notify everyone ...

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Arabian Travel Market’s travel tech area sees 56% year-on-year growth

DUBAI / WAM More than 100 of the world’s leading travel technology companies will be exhibiting at Arabian Travel Market (ATM) 2024, which will take place at Dubai World Trade Centre (DWTC) in the UAE from May 6-9. ATM 2024’s sold-out Travel Tech space will be 56% bigger than last year with 33% more exhibitors participating this year, thanks to ...

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