Moove secures $100 million in Series B funding round

ABU DHABI/ WAM Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, today announced that it has raised $100 million in a Series B funding round. Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, which led Moove’s previous funding round in 2023, participated in this round alongside new investment from Uber. The round ...

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ERC expands relief programmes to support Palestinians in Gaza during Ramadan

ABU DHABI / WAM The Emirates Red Crescent (ERC) has announced the expansion of its relief programme to support the Palestinian people in Gaza during Ramadan. The aim is to reduce their suffering and improve humanitarian efforts during this holy month. The organisation has begun sending a convoy with essential supplies for the Iftar project to aid the people of ...

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MoHAP, WHO launch Patient Safety Friendly Hospitals plan

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has announced the launch of the Patient Safety Friendly Hospitals initiative, a significant step in its strategy to guarantee the provision of high-quality healthcare services in line with international best practices. Launched in collaboration with the World Health Organisation (WHO), the initiative, aims to improve patient safety by Developing accredited ...

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Pharmatrade launches Logistics Centre in Kezad

ABU DHABI / WAM Khalifa Economic Zones Abu Dhabi – Kezad Group and the UAE-based Pharmatrade today announced the opening of Pharmatrade’s Abu Dhabi Logistics Centre. Through this new logistics centre, the company plans to ramp up the storage and distribution of its Pharmaceutical and Medical Device range of products to serve the UAE’s healthcare sector. The expansion of its ...

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Abdullah bin Zayed, Sigrid Kaag discuss ways to increase flow of humanitarian aid to Gaza over phone

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, and Sigrid Kaag, United Nations Senior Humanitarian and Reconstruction Coordinator for Gaza, discussed over the phone the humanitarian conditions in the Gaza Strip and ways to increase the flow of relief aid without obstacles to meet civilians’ needs. In addition to addressing the ongoing humanitarian ...

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Gold prices hold ground on Tuesday

WORLD CAPITALS / WAM Gold held steady on Tuesday as investors stayed on the sidelines ahead of the US Federal Reserve policy meeting this week, which could offer further clues on the timing of likely interest rate cuts this year, Reuters said. Spot gold was little changed at $2,160.79 per ounce, as of 0426 GMT. US gold futures were flat ...

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