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ABU DHABI / GULF TIME Q Holding Group signed two important agreements with Trojan General Contracting, one of the leading local contracting and development companies, to design and build 1,742 villas for Emiratis in Al Samha and West Baniyas region of Abu Dhabi for Q Holding. The agreements follow the partnership between Q Holding and Abu Dhabi Housing Authority to ...

DUBAI / WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, accompanied by H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, on Tuesday visited Thukhor Social Club, an initiative of the Higher Committee for Development and Citizens Affairs, located at Al ...

ABU DHABI / WAM Siegfried Nierhaus, Vice President Middle East, Deutsche Hospitality, affirmed that the UAE has positioned itself as a key player in the GCC hospitality and leisure sectors, quickly becoming a global hub for the tourism industry and hotel developments. “The UAE’s innovative forward-thinking and adaptability have resulted in a significant influx of international tourists due to its ...

DUBAI / WAM Standard Chartered announced on Tuesday its exclusive partnership of the DIFC Treasury Leadership Forum, marking a new milestone in the collaboration between Standard Chartered and Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (Measa) region. Organised by DIFC, the forum will bring together senior treasurers from leading ...

ABU DHABI / WAM The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a bilateral meeting in Abu Dhabi to enhance collaboration between the financial services sectors of the two jurisdictions. During the meeting, the CBUAE and the HKMA discussed a number of collaborative initiatives and agreed to strengthen cooperation in three ...

ABU DHABI / WAM The UAE’s healthcare sector is continuing to excel and lead regionally and globally in 2023 in terms of medical services and scientific achievements, reaffirming its readiness to face all health challenges, and in line with the best international standards. According to the Prosperity Index report by the Legatum Institute, the UAE ranked first in three key ...

MANAMA / WAM Menafatf, the Financial Action Task Force (FATF)-Style Regional Body, adopted its FATF Recommendations ratings for the United Arab Emirates at the closing of its May plenary in recognition of its efforts to combat money laundering and terrorism financing. Recommendations (1), (19), and (29) have been upgraded to “Compliant” or “Largely Compliant” in response to the positive measures ...

VENICE / WAM “The UAE has been a laboratory for many years now, it is a laboratory of the past, present and future,” stated Roberto Cicutto, president of La Biennale di Venezia, in an interview with the Emirates News Agency (WAM), during the inauguration of Aridly Abundant, the exhibition presented by the National Pavilion UAE — La Biennale di Venezia ...

ABU DHABI / WAM The UAE pension authority clarified today that “Shourak” requests will only be considered applicable for eligible insured Emiratis who submit their end-of-service employment applications to the General Pension and Social Security Authority (GPSSA) after July 1. It has been emphasised that individuals applying for Shourak based on the date of their employment termination and/or resignation rather ...

DUBAI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, on Tuesday announced the launch of the Global EV Market, a transformational project under the performance agreements signed by federal authorities in 2022 in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. ...