News

Media IN ABU DHABI – 27th-06-2019 Abu Dhabi’s comprehensive energy strategy was presented to an audience of global leaders with the participation of the Abu Dhabi Department of Energy (DoE) at the fourth annual International Energy Agency (IEA) Global Conference on Energy Efficiency, which took place last June 24-25 in …

Media IN ABU DHABI —27th-06-2019 High global demand for airline pilots, and the growing popularity of Airbus A320 and Boeing 787 aircraft, have jointly sparked major growth in the pilot training division of Abu Dhabi’s Etihad Airways. Hitherto, Etihad has won contracts to train pilots for more than 40 clients, …

Dammam 26-26-2019 SPA The Saudi Arabian Mining Company (Ma’aden) today announced that it has signed an amended joint venture agreement with Alcoa Corporation, which includes Alcoa Corporation’s waiver of its 25.1% stake in Ma’aden Rolling Mill and Sheet Metal Sheet Factory for Metals without charge, Alcoa Corporation of the future …

Riyadh, 26-26-2019 Saudi Arabia joined the Group of States of the Joint Ministerial Statement on Electronic Commerce of the World Trade Organization (WTO), following the issuance of the supreme approval in this regard. This came in a statement announced by the General Authority for Foreign Trade. HE Mr. Abdulrahman bin …

London, 26-26-2019 The London Stock Exchange (FTSE 100) ended the day slightly higher. The index of the top 100 companies on the London Stock Exchange rose 0.08 percent, or 6.04 points, to 7416.39.

Media IN  Abu Dhabi 26th-06-2019 The Central Bank of the UAE, in consultation with the International Fund, has improved its reporting standards on non-performing loans in the UAE banking system in line with international best practices. According to the new reporting standard to be implemented from the third quarter of …

Media IN ABU DHABI, 26th June, 2019 (WAM) Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of Etihad Rail, chaired an Etihad Rail board meeting on Tuesday and approved the plan to connect Abu Dhabi with Dubai and other emirates. The …

Media IN Abu Dhabi. 26th-06-2019 Hub71 on Tuesday announced that four start-up firms would soon be joining the new technology hub at Abu Dhabi Global Market. The start-ups include UAE-based BitOasis, the largest digital asset exchange platform in the Middle East, Lamsa, an award-winning Arabic language learning app, US-based Surkus, …

Media IN DUBAI, 26th June, 2019 (WAM) Investment Corporation of Dubai, ICD, has announced its consolidated financial results for the year ended 31st December, 2018, achieving record revenues of AED232.4 billion and a net profit of AED21.4 billion. Revenues increased 15.7 percent from the prior year with increases achieved in …

Media IN DUBAI, 26th June, 2019 (WAM) The Secretary-General of the Executive Council of Dubai, today stressed that Dubai is focused on its efforts to take a leadership position across a number of key strategic sectors by strengthening its partnerships with international cities. This came off the back of a …