DUBAI / WAM The Dubai Gold and Commodities Exchange (DGCX), received a new Shari’ah certification for its Shari’ah Compliant Spot Gold contract (DGSG). The Shari’ah Pronouncement (Fatwa), was issued by Minhaj Advisory, a leading Dubai-based Islamic advisory firm, and determined that DGSG meets all the necessary Shari’ah requirements in line with Islamic rules and principles. The DGCX, with the support ...
Read More »
ABU DHABI / WAM Abu Dhabi General Services Company, Musanada, has started construction work of Sheikh Zayed bin Sultan Road (Eastern Mangroves Road) traffic improvements project for an estimated cost of AED97 million. In this regard, all basic works and preparations for this purpose have been completed, indicating that the company is currently engaged in transferring intervening utility lines and ...
Read More »
DUBAI / WAM Dubai is all geared up for the opening of two landmark events that will convene top government leaders, investors, and industry experts from across the globe for three days to separately discuss the important role of startups and cities of the future in a nation’s sustainable socio-economic development and growth. AIM Startup and Future Cities Show, both ...
Read More »
ABU DHABI / WAM Abu Dhabi will promote its cruise sector attractions at the Seatrade Cruise Global, leading annual cruise industry event, which will take place from April 8-11 in Miami, Florida, USA. The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, is leading a delegation to the event, comprising partners such as Abu Dhabi Ports, Etihad ...
Read More »
DUBAI / WAM Dubai Municipality has recently opened the Quranic Park for public free of charge. The park was developed in Khawaneej on an area of 64 hectares at a total cost of AED200 million. During the first week of opening the park received 100,000 visitors. Dawoud Al Hajri, Director General of Dubai Municipality, said, “The opening of the park ...
Read More »
Dubai / WAM The UAE attracted $10.35 billion in foreign direct investments in 2017, accounting for 36 percent of the total FDI inflows to the Arab countries. These figures were released by the UAE Ministry of Economy in conjunction with Annual Investment Meeting (AIM), the world’s biggest platform for FDI, which will kick off on Monday in Dubai, where more ...
Read More »DUBAI / WAM National Bank of Fujairah (NBF), inaugurated its first international representative office in Antwerp Diamond District, Belgium, the largest rough trading hub in the world. This falls in line with the bank’s strategy to further cement its position as the leading financial partner for clients in the industry through its unparalleled sector expertise and bespoke solutions. The new ...
Read More »
Dubai / WAM The avoidance of double taxation agreement signed between the United Arab Emirates and Saudi Arabia has come into effect at the beginning of this month, after both countries completed the necessary procedures in accordance with their regulations. The UAE, represented by the Ministry of Finance (MoF), signed the agreement with Saudi Arabia on the avoidance of double ...
Read More »
ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced the full programme of the third edition of CultureSummit Abu Dhabi, set to run from April 7-11 at Manarat Al Saadiyat in Abu Dhabi. CultureSummit Abu Dhabi is a unique global platform that brings together leaders in arts, heritage, media, museums, and ...
Read More »Dubai / WAM A Dubai-based school has partnered with Dubai Cares, raising funds to help build a school in Senegal. The Repton School Dubai successfully raised a total of AED142,000 to further support education programs for underprivileged children in rural Senegal. The initiative, in association with Dubai Cares, is part of the ‘Adopt a School’ programme that focuses on enriching ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.