Search Results for: "AD Ports"

Honor offer

Honor announces special offers, gifts and discounts for Eid Al Adha

The offer, which is valid on the brand’s entire portfolio of smartphones, smartwatches, earbuds and laptops, will last until July 17

UK launches negotiations for free trade deal with GCC

The deal would add at least £1.6bn a year to the UK economy and support new jobs across key industries

northern runway

Dubai International’s northern runway reopens after upgrade

The first flights were welcomed onto the upgraded runway on the afternoon of June 22

belgium edition urbanball NFT collection

EX Sports, Binance NFT to exclusively launch second drop from Urbanball NFT collection

The ‘Belgium Edition’ Urbanball Mystery Boxes will be available for purchase on June 24 at 3pm GST

logistics park

Dubai’s DP World, Saudi Ports Authority sign agreement to build logistics park at Jeddah Islamic Port

The new facility will offer warehouse space of 100,000 square metres

Simon Smith, senior vice president of GMG Sports Retail

GMG Sports Retail’s Simon Smith on the company’s expansion and new in-store offerings

GMG Sports’ senior vice president – Retail, tells Gulf Business about the brand’s entry into Southeast Asia and Egypt

Qatar Airways

Qatar Airways Group reports highest net profit in 25-year history

The group recorded a net profit of $1.54bn during the fiscal year 2021/22

Oil

Oil set for weekly loss as traders weigh monetary tightening

Oil is still up more than 50 per cent this year after rebounding demand combined with upended trade flows

delta world charter CEO Dmitriy Korshunov

Dubai-based Delta World Charter reports earnings of $26m in Q1 2022

In Q1 2022, Delta World Charter delivered one million kilograms worth of medical supplies from Asia to North America

Germany

UAE, Germany non-oil trade totals Dhs478bn in 10 years

Imports accounted for 89.5 per cent of the total trade exchange

Abu Dhabi Chamber to offer its services on government services platform TAMM

ADQ to buy Turkish pharmaceutical firm Birgi Mefar Group to strengthen portfolio

The investment expands ADQ’s life sciences capabilities in sterile injectables and wider pharmaceutical services segments

Covid-19

UAE reports 1,084 Covid-19 cases, 876 recoveries

The nationwide case count has risen to 915,068

UAE’s trade surplus with GCC countries equals Dhs134.7bn in 2021

UAE imports from GCC countries in 2021 increased to Dhs56.3bn, compared to Dhs43.8bn in 2020

Dubai DIDI graduation ceremony held at the Museum of the Future

Dubai Institute of Design and Innovation holds its first graduation ceremony

Dubai Institute of Design and Innovation’s Bachelor of Design degree is the first multidisciplinary programme in the Middle East of its kind to offer four design disciplines

Mubadala to acquire Envirotainer

Abu Dhabi’s Mubadala, EQT Private Equity to acquire Swedish biopharma transport services provider

EQT Private Equity and Mubadala will seek to support Sweden-based Envirotainer in its next phase of growth by accelerating expansion in the APAC region

landfills

Dubai Airports’ new initiative to divert 60% of DXB’s waste from landfills by mid-2023

The food waste plan was created in partnership with Sharjah’s Beeah Group

Adnoc borouge

ADNOC delivers fourth consecutive record-setting IPO on ADX

The retail offering, which attracted higher retail demand than any UAE IPO in nearly 20 years, was 74 times oversubscribed

esports atheletes

Esports athletes now observed as ‘conventional’ ones

Matthew Pickering, CEO, Power League Gaming discusses how esports athletes now have the same skills as conventional athletes, enabling them to compete at the highest level

Ajman Free Zone

Ajman Free Zone reports 45% growth in e-commerce sector in 2022

Warehousing solutions are a core focus within the freezone’s operations

Monkeypox

UAE reports four new cases of monkeypox

The health ministry has urged all to follow appropriate preventive measures

Investment Corporation of Dubai

Investment Corporation of Dubai reports Dhs10.1bn in net profit for 2021

Its revenues for 2021 equalled Dhs169.4bn, up 24.5 per cent compared to the previous year

Qatar exports surge as demand for gas climbs on Ukraine crisis

China was the top destination of Qatar’s exports in April with close to QR6.6bn riyals

Audi e-tron

Audi Middle East reports best monthly sales in April this year since Dec 2016

While Audi e-tron GT has reported strong sales numbers, other models doing well include Q3, Q5, Q7 and Q8

IBM, MBZUAI

IBM and MBZUAI sign agreement to advance AI research with new centre

The centre will leverage the talents of IBM researchers and MBZUAI faculty and students and will focus on the advancement of applied research objectives

UAE Covid-19

UAE reports 317 Covid-19 cases, 323 recoveries

The nationwide case count has risen to 905,468

UAE reports 321 Covid-19 cases, 355 recoveries

The nationwide case count has risen to 905,151

UAE reports 362 Covid-19 cases, 378 recoveries

The total number of recorded cases in the country has risen to 904,093

Etihad Rail MoUs

UAE’s Etihad Rail signs MoUs with international railway operators to exchange knowledge, expertise

The MoUs were signed to exchange knowledge, expertise, and best practices in freight and passenger rail services and operations

Oil pump

Oil rebounds after two-day drop as traders weigh products, China

Investors have shunned equities and many commodities after Federal Reserve officials reaffirmed much tighter monetary policy lies ahead to cool an overheating economy and tame inflation

Image courtesy- ACWA Power

ACWA Power reports net profit of SAR152m in Q1 2022

ACWA Power earned an operating income before impairment loss and other expenses of SAR517m, which was 19.5 per cent higher than the same period in 2021