ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, today received Jamshid Khodjaev, Deputy Prime Minister of the Republic of Uzbekistan, and his accompanying delegation at Qasr Al Watan in Abu Dhabi. During the meeting, the two sides discussed ways to boost bilateral relations between the …

DUBAI / GULF TIME Panasonic Middle East & Africa has announced the appointment of John Hardy as Chief Executive Officer (CEO), reinforcing its commitment to strong regional leadership and focused business execution across the Middle East and Africa. The appointment comes at a time when businesses across the region are navigating evolving market dynamics and increasing demand for operational agility, …

NEW YORK / WAM Ongoing military escalation in the Middle East puts tens of millions of people at risk of falling into poverty across 162 countries, according to new projections released today by the United Nations Development Programme (UNDP). While the impacts are concentrated in countries directly affected by the conflict and those dependent on imported energy, the findings point …

WORLD CAPITALS / WAM Gold prices fell to a near one-week low on Monday, pressured by a stronger dollar. Spot gold was down 1.1 percent at US$4,694.30 per ounce, its lowest level since 7th April. US gold futures for June delivery fell 1.4 percent to US$4,717.80. Among other metals, spot silver fell 1.9 percent to US$74.45 per ounce, platinum lost …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Sunday received His Excellency Dr Subrahmanyam Jaishankar, Minister of External Affairs of the Republic of India. During the meeting, His Excellency Dr Jaishankar conveyed to His Highness the greetings of His Excellency Narendra Modi, PM of India, and his wishes for the UAE’s continued security …

ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) has announced the launch of an innovative strategic project to implement microgrid systems, marking a significant step forward in reinforcing the UAE’s approach to building a smart, resilient, and adaptive energy ecosystem. The initiative is designed to strengthen energy security, sustainability, and efficiency, while supporting the objectives of the …

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received Dr. Subrahmanyam Jaishankar, Minister of External Affairs of the Republic of India to discuss regional security following Iran’s unprovoked and terrorist missile attacks against the UAE and several sisterly and friendly countries. The two top diplomats discussed the serious implications …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan attended a wedding reception held to celebrate the marriage of Rashid Mohammed Ahmed Hamel Al Qubaisi to the daughter of Saeed Rashid Sultan Al Muhairi. His Highness congratulated the groom and his family, wishing him a happy and fulfilling married life. The groom’s family expressed their …

DUBAI / WAM Dubai International Financial Centre (DIFC) is introducing a targeted package of temporary economic support measures to assist its business and retail community as the region emerges from the current environment. In a statement on Thursday, DIFC stated that effective immediately, the initiatives are designed to ease short-term operational and financial pressures. Arif Amiri, Chief Executive Officer of …

DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd and Blackstone Credit & Insurance (BXCI) today announced an agreement to partner to launch a new long-term global investment programme that will be branded “Equator” and will invest in aircraft on lease to commercial airlines, with a target deployment of approximately US$1.6 billion annually. Equator will build a diversified portfolio of commercial …