Abu Dhabi / WAM The choice of Italy as the guest of honour at the Sharjah International Book Fair this year is an eloquent reflection of the interest the UAE people have in Italian culture, a top Italian diplomat told the Emirates News Agency (WAM). In an exclusive interview, Lorenzo Fanara, the new ambassador of Italy to the UAE, said ...
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Abu Dhabi / WAM International Holding Company (IHC) is scaling up its information technology businesses, as part of its long-term strategy to grow its capacity in the tech industry across different sectors. Accelerating the growth of its tech businesses portfolio, IHC has increased its technology deals by 100% compared to last year, crossing AED1 billion in the first 10 months. ...
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Abu Dhabi / WAM The Abu Dhabi Commercial Bank PJSC (ADCB) on Monday reported its financial results for the third quarter of 2022 (Q3 2022). Solid earnings growth as UAE economy remains resilient against challenging global backdrop. During Q3 2022 and compared to Q3 2021, the bank recorded a net profit of AED1.591 billion, an increase of 25%, a net ...
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Abu Dhabi / WAM Mubadala Investment Company (Mubadala) and KKR, a leading global investment firm, on Monday signed a strategic partnership that will see the two firms co-investing across performing private credit opportunities in the Asia Pacific (APAC) region. The partnership aims to deploy at least AED3.67 billion ($1 billion) of long-term capital, providing bespoke credit solutions to companies and sponsors. ...
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Abu Dhabi / WAM The UAE is the latest member state to join the Schools Meals Coalition (SMC), coming off the back of the ministerial meeting in Helsinki. The unfolding food crisis and resulting rise in food insecurity is leading to the new urgency to expand the coalition in all countries and to ensure that every child has the opportunity ...
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Abu Dhabi / WAM The UAE Pakistan Assistance Programme (UAE PAP) has announced the results of the UAE Polio Vaccination Campaign carried out in Pakistan from 2014 to the end of September, highlighting that the campaign succeeded in administering 647,758,365 doses of vaccination against polio in nine years in Pakistan. The move follows the directives of President His Highness Sheikh ...
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Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) on Monday announced its intention to proceed with an initial public offering (IPO) and to list a portion of its ordinary shares for trading on the Dubai Financial Market (DFM). In a press conference, Empower said that one billion (1,000,000,000) shares, each with a nominal value of AED0.10 (ten fils) will ...
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Dubai / Gulf Time The world’s only contest for IoT solutions IoT project of the year was held for the third time and named 12 best projects over the last 12 months. The companies that won managed to create the most functional solutions, implement non-standard ideas using telematics and IoT technologies in different industries. These projects were implemented globally, from ...
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Abu Dhabi / WAM The first day of Culture Summit Abu Dhabi kicked off in the UAE capital with an exciting programme of keynote speeches, discussions, sessions and cultural performances. In a session that discusses the impact of the pandemic on culture, Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, said, “If an issue happens in Brazil or ...
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Abu Dhabi / Gulf Time The Future Forum for Arab Investments (FF2020AI) announced the awarding of the Emirati businessman and founder of the Arabian Gulf Investments Group in Abu Dhabi, Khalifa Saif Al Muhairbi, the title of the Arab Real Estate Developer in the Middle East and North Africa for the second year in a row, in recognition of his ...
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