Reuters Saudi Arabia’s stock market rose on Wednesday, lifted by its expected inclusion in the secondary FTSE emerging market index, while United Arab Emirates’ markets were boosted by its top two property companies. The Saudi index gained 0.5 percent to close at 7,762 points, backed by leading stocks that investors expect to attract foreign funds if the FTSE upgrade is ...

Dubai / WAM In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has enacted two new laws that aim to improve and expand the Dubai International Financial Centre (DIFC’s) already successful private wealth management and succession planning platforms. Both the Trust Law and Foundations ...

Dubai / WAM Qualifiers for the Arab Reading Challenge (ARC), will begin on March 25. Arab students in Arab and foreign countries were invited to participate in this round of the competition, and will start the process of qualifying for the finals. Students from 44 countries, including 14 Arab and 30 non-Arab countries, are participating in the third round of ...

Abu Dhabi / WAM One of the most highly-anticipated events in the country’s entertainment and community calendar, the Mother of the Nation Festival will open on Thursday, and will run until March 31. Taking place at the Abu Dhabi Corniche, the third edition of the annual event, organised by the Department of Culture and Tourism – Abu Dhabi (DCT Abu ...

Abu Dhabi / WAM Under the patronage of HH Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, Honorary Chairman of the University Leadership Consortium (ULC), and BUNYAN Initiative for the Capacity-Building of the Youth, the Khalifa Fund for Enterprise Development signed a strategic agreement with ULC, a capacity-building and entrepreneurship hub, in Abu Dhabi on Wednesday. The pact is ...

Abu Dhabi / WAM Noura Al Suwaidi, Director of the General Women’s Union (GWU), congratulated HH Sheikha Fatima bint Mubarak, Chairwoman of the GWU, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, on the occasion of Mother’s Day celebrated on March 21. In a statement during a GWU ceremony marking the ...

Dubai / WAM Marking the World Water Day on Thursday, the Emirates Central Cooling Systems Corporation, Empower, announced that it has saved 295 million gallons of potable water in the previous year, equivalent to 537 Olympic-sized swimming pools. World Water Day is a global event that plays an important role in drawing attention to the importance of preserving water. It ...

Abu Dhabi / WAM Abu Dhabi University (ADU), and Knowledge Group (KG), have entered the Guinness World Records for creating the largest notebook mosaic logo in celebration of the Year of Zayed. The record-breaking initiative also coincides with UAE National Month of Reading that is annually marked in March. ADU received the recognition for its record-breaking effort – one of several ...

Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (ADNEC), has signed a strategic sponsorship agreement with Abu Dhabi Ports to launch the Abu Dhabi International Boat Show (ADIBS, 2018), which will be held from October 17-20, in association with British Marine, the membership organisation for the UK leisure, superyacht and small commercial marine industry. The agreement aims to ...

Bloomberg President Donald Trump said he expects to meet soon with Russian President Vladimir Putin, after calling to congratulate him on his re-election. “We had a very good call,” Trump said, adding that he expects to meet Putin “in the not too distant future to discuss the arms race, which is getting out of control.” Trump’s call with Putin came ...