Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) presented its outlook on the regional and global investment climate to its top private banking clients at a number of events in Abu Dhabi, Dubai and Al Ain. Senior ADIB executives from ADIB’s Private Banking arm explained to clients how to manage wealth effectively in times of economic and political volatility. ...
Read More »
Abu Dhabi / WAM Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, received here on Sunday Minister of Foreign Affairs of New Zealand, Murray McCully. The meeting discussed bilateral relations and ways to enhance them, the outcome of the recent visit of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation to ...
Read More »Abu Dhabi / WAM The Zakat Fund announced that it has spent AED 44.46 million in medical assistance under its ‘‘Reward and Recovery Initiative.’’ Abdullah bin Aqueeda Al Muhairi, Secretary-General of the Fund, said the health aid was given through the Zakat channel distribution category meant for the poor and the needy. “The Fund is ready to support poor patients ...
Read More »
Dubai / WAM As part of their efforts to promote commercial arbitration in settling trade disputes, and to exchange experiences and knowledge in the area of alternative dispute resolution, the Dubai International Arbitration Centre (DIAC), an initiative of Dubai Chamber of Commerce and Industry, in cooperation with the UAE Consulate in Shanghai, organised an introductory session to highlight the benefits ...
Read More »
Dubai / Emirates Business Dr. Mohammed Al Zarooni, Director General of Dubai Airport Freezone (DAFZA), met Dato’ Sri Mustapa Mohamed, Malaysia’s Minister of Trade and Industry at the Ministry’s headquarters to discuss ways to develop and strengthen economic and trade ties between Malaysia and the Freezone. They also talked about DAFZA’s exceptional investment advantages for foreign companies, including Malaysian entrepreneurs ...
Read More »
ABU DHABI / WAM The current slump in the world oil prices poses a real challenge to oil exporting countries but did not have any impact on the UAE’s economy, thanks to the economic diversification policy adopted by the country, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, affirmed on Sunday. “Low oil prices should create investment opportunities ...
Read More »
ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, has said that the tourism sector is an important part of the national economy and a core pillar of economic diversification policy of the state. In an interview with the Emirates News Agency (WAM), the Economy Minister said that the inclusion of the National Council for Tourism in ...
Read More »DUBAI / WAM Crown Prince of Dubai and Chairman of Dubai Executive Council, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has issued Executive Council Resolution No (10) of 2016 approving the organisational structure of the Department of Economic Development (DED) in Dubai. The Resolution aims to further enable DED to implement its strategic plan and legally carry out ...
Read More »ABU DHABI / WAM The UAE, represented by the Ministry of Finance (MoF), will participate in the Joint Annual Meeting of the Arab Financial Institutions, which will be held in Bahrain on April 5-6. Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will head the UAE delegation, which includes Mubarak Rashid Khamis Al Mansouri, UAE Central Bank Governor, ...
Read More »
Abu Dhabi / Emirates Business The Abu Dhabi City Municipality (ADM) recently held an induction workshop about the implementation of the new Real Estate Law No. 3 of 2015 regulating the real estate sector, and providing a clear ground and flexible processes aimed at securing the public interest, and safeguarding the rights of real estate customers. The event targeted a ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.