Local News

WORLD CAPITALS/ WAM Gold prices crept higher on Wednesday but were stuck in a narrow range as investors looked to US economic data for further clarity on the Federal Reserve’s interest rate path, Reuters reported. Spot gold rose 0.2% to $2,327.86 per ounce by 0429 GMT, after having hit its lowest since April 5 in the previous session. US gold ...

ABU DHABI / WAM Astana International Exchange (AIX) has officially joined the Tabadul Digital Exchange Hub established by the Abu Dhabi Securities Exchange (ADX), allowing for bilateral cross-exchange trading between the two entities. This collaboration enhances liquidity and streamlines trading mechanisms for investors by making AIX and ADX-listed securities available for cross-trading. Tabadul facilitates remote access for brokerage firms affiliated ...

ABU DHABI / WAM The Anwar Gargash Diplomatic Academy (AGDA) has signed a memorandum of understanding (MoU) with the Abu Dhabi Music and Arts Foundation (ADMAF), to introduce collaborative initiatives aimed at boosting the UAE’s position on the global cultural and creativity map. The MoU was signed by Nickolay Mladenov, AGDA’s Director General, and Huda Alkhamis Kanoo, Founder of ADMAF, ...

ABU DHABI / WAM Sanad, wholly owned by Mubadala Investment Company, has announced strengthening its partnership with Khalifa University of Science and Technology to nurture local talent and foster knowledge exchange. The collaboration between Sanad and Khalifa University establishes three core pillars for students’ training and development which include offering local and international training opportunities for students during holidays, supported ...

MOSCOW / WAM Chancellor Dr Hamad Saif Al Shamsi, UAE Attorney-General, stressed that his official visit to the Prosecutor General’s Office of the Russian Federation facilitated detailed consultations, enabling both sides to review best practices in public prosecution and the latest legislative developments. Dr Al Shamsi commended the outcomes of the visit, hailing it as an opportunity to strengthen cooperation. ...

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak “Mother of the Nation”, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has underscored the profound fraternal cooperation among GCC countries as pivotal to the flourishing of Gulf civilisation. Speaking at the launch of the ...

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, received Dr Abdullatif bin Rashid Al Zayani, Minister of Foreign Affairs of the Kingdom of Bahrain. During the meeting at the ministry’s headquarters in Abu Dhabi, Sheikh Abdullah welcomed the Bahraini Foreign Minister and discussed with him fraternal relations between the two countries and aspects ...

DUBAI/ GULF TIME On April 21, 2024, the Memecoin Summit, hosted and powered by $PENG and Project Ark, electrified the Millennium Plaza Downtown Hotel in Dubai. This event was a vibrant blend of fun, wisdom, and celebration, spotlighting the dynamic world of digital currency. The summit attracted a diverse crowd, from seasoned traders to crypto-curious individuals, offering something for everyone ...

DUBAI/ WAM DOMOTEX Middle East 2024 has officially commenced at the Dubai World Trade Centre (DWTC), ushering in a new era of innovation and excellence in the flooring industry and attracting leaders and enthusiasts alike. The event was inaugurated by Dawood Al Hajri, Director-General of Dubai Municipality, who subsequently conducted a comprehensive tour of the exhibition halls, engaging with prominent industry ...

ABU DHABI/ WAM The UAE and the Sultanate of Oman have issued a joint statement following the two-day visit of His Majesty Sultan Haitham bin Tariq, Sultan of Oman, to the UAE. The statement reads as follows: Building on the strong ties of brotherhood and longstanding bonds between the United Arab Emirates and the Sultanate of Oman, and reflecting the ...