ABU DHABI/WAM Banking operations statistics released on Thursday by the Central Bank of the UAE (CBUAE) showed that the value of transfers executed within the country’s banking sector through the UAE Funds Transfer System (UAEFTS) rose by 15.5 percent during the first two months of this year (January and February), reaching AED3.4 trillion compared to AED2.962 trillion during the same ...

ABU DHABI/ WAM IHC, the global investment company focused on building dynamic value networks, has announced a major milestone in its AI governance journey with the introduction of Aiden Insight 2.0, the next-generation AI Board Observer. Developed in collaboration with aleria, Aiden Insight 2.0 is the UAE’s first fully sovereign, on-premise AI observer, enhancing data security while redefining how boardrooms ...

ABU DHABI/WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, will begin an official visit to the Republic of Kazakhstan on Sunday, at the invitation of President Kassym-Jomart Tokayev. During the visit, the Crown Prince of Abu Dhabi will hold talks with the Kazakh leadership to further strengthen the deep-rooted ties between the two ...

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia on the death of Princess Jawaher bint Bandar bin Mohammed bin Abdulaziz Al Saud. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, ...

DUBAI/ GULF TIME Ready to swap touristy trattorias for something a little more authentic? Media One Hotel and Studio One Hotel are bringing the magic of Italy straight to the table this May, as Italian-Canadian guest chef Daniela Sfara returns to host not two, but four cosy, soul-stirring supper clubs across Media One Hotel and Studio One Hotel’s most-loved dining ...

DUBAI/ GULF TIME Downtown Dubai’s celebrated Thai dining destination, Thiptara, invites guests to transform their midday routine with the launch of its new elegant business lunch experience, The Taste of Siam. Starting from May 5, the three-course set menu is a flavourful lunchtime treat inspired by the vibrant cuisine of Thailand. Set within Thiptara’s refined interiors where rich wood tones, ...

DUBAI/ GULF TIME Say goodbye to basic maki. A new sushi game has arrived in town and it’s stealing Dubai’s delivery scene. Introducing Soyfish — a sleek, new sushi concept available exclusively on Deliveroo, bringing a bold new take on premium sushi from Vancouver straight to your doorstep. Plus, get a flat 50% off your Deliveroo order this weekend only ...

DUBAI/WAM Dubai Aerospace Enterprise (DAE) Ltd today announced that it had completed the previously announced acquisition of 100% of the outstanding share capital of Nordic Aviation Capital Designated Activity Company and its consolidated subsidiaries (“NAC” or “Nordic Aviation Capital”) from NAC Holdings Limited. The enterprise value is approximately US$2 billion. DAE now has a fleet of approximately 750 owned, managed ...

ABU DHABI/WAM ne’ma- the National Food Loss and Waste Initiative- has launched the country’s first National Baseline Study to measure actual food loss and waste. This first-of-its-kind study, which involves 3,000 participants, marks a pivotal milestone in national efforts to halve food loss and waste by 2030, in line with the United Nations Sustainable Development Goal (SDG) 12.3. The pioneering ...

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday welcomed Her Excellency Sahiba Gafarova, Speaker of the Milli Majlis (National Assembly) of the Republic of Azerbaijan, who is on an official visit to the UAE. The meeting, which took place at Qasr Al Shati in Abu Dhabi, was attended by His Excellency Saqr Ghobash, ...