SHARJAH / WAM United Arab Bank PJSC (UAB), listed on the Abu Dhabi Securities Exchange (ADX) announced that it proposes to increase its issued share capital by an amount up to AED1,031,275,325 (one billion thirty-one million two hundred seventy-five thousand three hundred twenty-five dirhams) from AED2,062,550,649 (two billion sixty-two million five hundred fifty thousand six hundred forty-nine dirhams) up to ...
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MoHRE to implement Midday Break from 15 June to 15 September 2025
DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has announced the implementation of the Midday Break, prohibiting work under direct sunlight and in open-air spaces between 12:30 pm and 3:00 pm, from 15 June to 15 September 2025. Now in its 21st consecutive year, the Midday Break is rooted in a sustainability-centred approach that the UAE implements ...
Read More »Dubai Future Academy launches courses on foresight, AI, leadership
DUBAI / WAM Dubai Future Academy, the capacity-building arm of the Dubai Future Foundation (DFF), has launched eight new training programmes for 2025 aimed at equipping leaders, professionals, and future-focused individuals across all sectors with the critical skills of foresight, artificial intelligence, and innovation. The courses are scheduled to run throughout the year, and they are aligned with DFF’s efforts ...
Read More »Dubai Future District Fund drives $1.65bln in capital commitments, powers over 190 startups
DUBAI / WAM The Dubai Future District Fund (DFDF), which is anchored by Dubai International Financial Centre (DIFC) and the Dubai Future Foundation (DFF), reported a year of strategic growth in 2024, including over US$1.65 billion in capital commitments and support for more than 190 portfolio companies. The figures were released during the Fund’s Annual General Meeting, where the Board ...
Read More »ADGM reports robust financial results in first quarter of 2025
ABU DHABI / WAM ADGM, the international financial centre of the UAE capital, has accomplished another quarter of robust growth and increased global recognition, sustaining momentum from a record-breaking 2024. In Q1 2025, ADGM achieved significant growth across key metrics, supported by ongoing global investor confidence, regulatory enhancements, and the successful implementation of major initiatives within its expanded jurisdiction on ...
Read More »Al Marar leads UAE delegation to 164th session of GCC Ministerial Council Meeting
KUWAIT / WAM Khalifa Shaheen Al Marar, Minister of State, led the UAE delegation to the 164th session of the Gulf Cooperation Council (GCC) Ministerial Council Meeting, held in the State of Kuwait. The session concluded with a final statement outlining recent updates on joint GCC initiatives, regional and global political developments, and the GCC’s position on files of mutual ...
Read More »Abdullah bin Zayed, Australian Foreign Minister discuss strengthening ties
ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, discussed bilateral relations and ways to enhance them in a phone call with Penny Wong, Minister for Foreign Affairs of Australia. HH Sheikh Abdullah congratulated Wong on her reappointment as Minister for Foreign Affairs, expressing his aspiration to continue working together ...
Read More »UAE President orders release of 963 prisoners ahead of Eid Al-Adha
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today ordered the release of 963 prisoners from correctional institutions on the occasion of Eid Al-Adha. His Highness Sheikh Mohamed bin Zayed also pledged to cover all fines imposed on the inmates, who had been sentenced for a variety of offences. His Highness regularly orders pardons ...
Read More »Adnoc Gas joins MSCI Emerging Market Index, boosting its investment profile
ABU DHABI / WAM ADNOC Gas has been added to the MSCI Emerging Markets Index, becoming the third ADNOC stock to join the global benchmark that includes the most prominent publicly listed companies from 24 emerging market countries. ADNOC Gas will be the largest addition to the Index by market capitalisation and joins ADNOC Distribution and ADNOC Drilling which were ...
Read More »Bawabat Al Sharq Mall Celebrates Eid Al Adha with Two Musical Concerts Featuring Top Artists
ABU DHABI / GULF TIME Eid Al Adha is a time for joy, connection, and celebration with family and loved ones. And this year, Bawabat Al Sharq Mall is welcoming Eid with music and joy by hosting 2 special live concerts on the first 2 days of Eid. On the first day of Eid, from 9:00 PM to 10:00 PM, ...
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