News

Abu Dhabi, 2nd June, 2020 (WAM) As part of its strategy to facilitate growing trade demands within the Gulf region, Abu Dhabi Ports today announced the establishment of a new feeder services company, “SAFEEN FEEDERS”. With long- term growth trends of regional manufacturing and trade volumes, SAFEEN FEEDERS will serve …

BEIJING, 26th MAY 2020 (WAM) Chinese President Xi Jinping has called for a long-term perspective to deal with the current difficulties, risks and challenges facing China’s economy and to boost confidence in the country’s development. The country’s huge economic potential is unchanged despite the challenges ahead, and the government has …

KUWAIT, 25th May, 2020 (WAM) Kuwait government will not extend full curfew due to end Saturday, May 30, and will turn to partial curfew to pave way for restoration of normal life, Deputy Premier and Interior Ministry Anas Al-Saleh said on Monday, according to the Kuwait News Agency. Al-Saleh, also …

Cairo, May 25 2020 WAM Egypt announced the implementation and study of 11 new petrochemical production projects at a cost of about $ 19 billion, including two giant refining and petrochemical complexes in the economic zone at the Suez Canal hub and the new city of El Alamein in order …

DUBAI, 25th May, 2020 (WAM) Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Crown Prince of Dubai and Chairman of the Executive Council His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum announced the gradual reopening of …

DUBAI, 21st May 2020 (WAM) Emirates has unveiled multi-faceted measures for employee and customer care at every step of the travel journey, redefining safety and hygiene standards on board and on the ground. The new measures took effect today, with the resumption of regularly scheduled passenger flights to nine destinations. …

ABU DHABI, 20th May, 2020 (WAM) In April, the UAE’s banking system invested a total of AED16.6 billion, reflecting a high level of baking activity. Emirati banks are utilising their excess liquidity in investment instruments that will improve their profits, increasing the accumulative balance of the banking sector’s investments to …

ABU DHABI, 21st May, 2020 (WAM) The Higher Shari’ah Authority at the Central Bank of the UAE, CBUAE, has hosted the 2nd meeting of the Centralised Shari’ah Authorities to discuss the economic implications of COVID-19 pandemic and the different measures and resolutions undertaken by the Centralised Shari’ah Authorities to mitigate …

ABU DHABI, 13th May, 2020 (WAM) ADQ, one of the region’s largest holding companies, has agreed to acquire a 50 percent stake in Al Dahra Holding Company, a multinational agribusiness leader that specialises in animal feed and essential food commodities. The acquisition of the stake in Abu Dhabi-based Al Dahra …

DUBAI, 13th May, 2020 (WAM) Emirates has announced its plan to operate scheduled flight services from 21st May to nine destinations: London Heathrow Frankfurt, Paris, Milan, Madrid, Chicago, Toronto, Sydney and Melbourne. In a statement by the airline on Wednesday, Emirates will also offer connections in Dubai for customers travelling …