ABU DHABI, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, made on Tuesday a phone call with Turkish President Recep Tayyip Erdogan to check on his health after he had tes…
Day: February 8, 2022
AD Ports Group records strong revenue of AED3.9 billion in 2021
ABU DHABI, AD Ports Group today announced its 2021 financial results based on preliminary, unaudited financials for the 12 months ended 31st December 2021, reporting revenue growth of 14 percent year-on-year to AED3.9 billion compared with AED3.4 billi…
Aldar awarded over AED8.5 billion in development project contracts in 2021
ABU DHABI, Aldar Properties (Aldar) announced today, that contracts awarded across its development projects in 2021 reached more than AED8.5 billion.The volume and value of work undertaken by Aldar in 2021 highlights an economic rebound in Abu Dhabi fo…
OPEC daily basket price stands at $93.42 a barrel Monday
VIENNA, The price of OPEC basket of thirteen crudes stood at US$93.42 a barrel on Monday, compared with US$92.84 the previous Friday, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saha…
Al Seer Marine owns 7.36 percent of AD Ports
ABU DHABI, Al Seer Marine has announced today a sizeable investment of 375 million equity shares (AED1.2 billion) in AD Ports Group allocated ahead of its IPO.The investment will support Al Seer Marine to generate growth in the country and the wider re…
UAE climbs to 3rd globally in Agility Emerging Markets Logistics Index
DUBAI, The United Arab Emirates ranks No. 1 overall as the most competitive emerging market in GCC and No. 3 globally after only giants China and India, according to the annual Agility Emerging Markets Logistics Index.The UAE led all 50 countries in th…
DP World reports strong volume growth of 9.4% in 2021
DUBAI, DP World Limited handled 77.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in full year 2021, with gross container volumes increasing by 9.4% year-on-year on a reported basis and up 8.9% on a like…
UAE announces 1,615 new COVID-19 cases, 2,219 recoveries, 4 deaths in last 24 hours
ABU DHABI, The Ministry of Health and Prevention (MoHAP) announced that it conducted 482,477 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment.In a statement on Tuesday, the Ministry stressed its aim to …
Department of Health – Abu Dhabi, Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center to collaborate in disaster medicine and management
ABU DHABI, The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate, and the Harvard Medical Faculty Physicians (HMFP) at Beth Israel Deaconess Medical Center (BIDMC), a not-for-profit physician corporation, ann…