News

ABU DHABI/WAM Abu Dhabi Commercial Bank (ADCB) has initiated equity research coverage on three of ADNOC’s six listed companies, assigning a “Buy” rating to ADNOC Drilling, ADNOC Distribution and Borouge. In a sector report titled “The ADNOC Advantage,” the bank’s research division said the three stocks offer investors differentiated exposure to one of the world’s most strategically important integrated energy …

ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has honoured the winners of the 22nd edition of the Sheikh Khalifa Excellence Award (SKEA). Held by Abu Dhabi Chamber of Commerce and …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Abdul Hamid Dbeibeh, Prime Minister of Libya’s Government of National Unity, who is on a working visit to the UAE. The two sides discussed bilateral relations and ways to further strengthen cooperation in support of mutual interests and the wellbeing of the two countries and …

DUBAI / WAM Emirates customers have made more than one million connections to Starlink Wi-Fi since the service was introduced across the airline’s fleet 7 months ago, marking a major milestone in the evolution of inflight connectivity. More than a Petabyte of data has already been used by customers and feedback on the service has been exemplary – with many …

DUBAI / WAM The Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) announced a new landmark initiative aimed at supporting digital learning, implemented by The Digital School. The new initiative aims to benefit more than 500,000 people in six African countries: Mauritania, Nigeria, Lesotho, Zambia, Namibia and Angola. The sustainable education initiative comprises multiple paths and projects, including supporting school …

ABU DHABI / WAM Emirates Global Aluminium (EGA) on Thursday reported progress in the restoration of production at the company’s Al Taweelah site, with key early milestones reached ahead of schedule. EGA’s Al Taweelah site sustained significant damage on 28th March as Iranian attacks on Khalifa Economic Zone Abu Dhabi led to an emergency shutdown. The safety and wellbeing of …

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, launched the UAE Companies for Good 2031 Strategy during an event organised by Majra – National CSR Fund at Qasr Al Watan in Abu Dhabi, held on the sidelines of the Cabinet Committee for Artificial Intelligence and …

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, have sent messages of congratulations to Andris Kulbergs on his appointment as the Prime Minister of the Republic of Latvia.

GULF TIME Black Spade Capital Limited (“Black Spade”) is proud to support Jonathan Emery, CEO of Aldar Development, one of the largest developers in the UAE, as he joins a team of riders taking on a remarkable 3,333km cycling challenge from Barcelona to Paris in support of CycleAgainstCancer, in aid of the Al Jalila Foundation. The 25-day charitable endurance challenge …

ABU DHABI/WAM Perk (formerly TravelPerk), the intelligent AI-native platform for travel and spend management, today announced the opening of its Middle East office in ADGM, the international financial centre of Abu Dhabi, in partnership with the Abu Dhabi Investment Office (ADIO). The expansion reflects Abu Dhabi’s continued emergence as a center for advanced technologies, digital innovation and globally scalable businesses, …