ABU DHABI / WAM The Stern School of Business at New York University Abu Dhabi (Stern at NYUAD) today announced the establishment of the Institute for Global Financial Competitiveness, a new research endeavour that will use data science to research and rank International Financial Centers (IFCs) globally. The institute will be located at Stern at NYUAD, a strategic decision based …

DUBAI / WAM The General Assembly of Emirates Central Cooling Systems Corporation (Empower), in a meeting, approved the Board of Directors’ proposal to distribute cash dividends of AED437.5 million (4.375 fils per share, equivalent to 43.75 percent of the company’s paid-up capital) to shareholders for the first half of 2025. The meeting, held on Thursday, was chaired by Saeed Mohammed …

DUBAI / WAM DP World has begun the next stage of construction on its striking new global headquarters at Expo City Dubai, an eight-storey landmark designed to embody innovation, sustainability and the future of global trade. A ceremony marking the completion of foundations was held on site, attended by Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation …

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, has chaired a meeting of the Ministerial Development Council held at Qasr Al Watan in Abu Dhabi. The meeting discussed the progress achieved in implementing the national policies and strategies in sectors of groundwater, consumer goods, national …

UAE/GULF TIME Prominent medical professionals participated in a scientific event organized by the American Academy of Pediatrics in collaboration with the Emirates Pediatric Society to present the latest advancements in influenza vaccination. Dr. Entisar Al Hammadi, President of the Emirates Pediatric Society, explained that the newly introduced influenza vaccine stands out for its nasal spray delivery, replacing traditional needle injections. …

ABU DHABI/GULF TIME NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, announced its September and third quarter 2025 delivery results. The Company delivered 34,749 vehicles in September 2025, reaching a new monthly record and representing an increase of 64.1% year-over-year. The deliveries consisted …

DUBAI / WAM The UAE Government announced on Wednesday a strategic collaboration with Google, providing university students with a complimentary one-year subscription to the Pro plan of Google Gemini to get the most out of the generative AI tool and its related features for learning and discovery. This initiative is part of the country’s efforts to build an advanced talent …

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received on Wednesday at his palace in Saqr bin Mohammed City, Radha Krishna Panday, Ambassador of Canada to the UAE, who called on the Ruler to greet him. HH Sheikh Saud welcomed the ambassador and discussed ways to enhance …

DUBAI / WAM Dubai International Financial Centre (DIFC) on Wednesday announced that its innovative employee workplace savings plan, the DIFC Employee Workplace Savings (DEWS) scheme, has surpassed US$1 billion in Assets under Administration (AuA). Launched in February 2020, DEWS was the first initiative of its kind in the region, representing a transformational step by DIFC in modernising the way end-of-service …

DUBAI/GULF TIME As Dubai’s real estate market surpasses AED 2.8 trillion in annual transactions, Dugasta Properties is preparing to host one of the city’s most anticipated celebrations of the year. The event, titled 10finity, will take place on 10 October 2025 at the Coca-Cola Arena. The date itself, 10.10, represents the company’s signature concept, “10 on 10,” which offers investors …