Local News

DUBAI / WAM Arabian Gulf Business Insight (AGBI) will bring together some of the world’s leading artificial intelligence (AI) experts for a panel session on 15th November as part of its sponsorship of the Global Media Congress (GMC) for the second consecutive year. Hosted from November 14-16 at the Abu Dhabi National Exhibition Centre (Adnec), GMC provides businesses and global ...

DUBAI / WAM Al Ansari Financial Services on Thursday announced its financial results for the first nine months of 2023, reporting a net profit of AED388 million. Al Ansari announced that the operating income for the Group saw a 1.5 percent rise to AED863 million year-on-year (YoY) during the first 9 months of 2023, as a result of a 10 ...

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX), one of the largest financial markets in the Middle East, announced on Thursday that it has selected the ICE Global Network from Intercontinental Exchange (ICE), a leading global provider of data, technology and market infrastructure, to offer direct market access to global institutional investors, a first initiative of its kind for ...

MUSCAT / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, headed the UAE delegation to the 40th meeting of Their Highnesses and Excellencies the Interior Ministers of the Gulf Cooperation Council countries, which was held in the Sultanate of Oman. The meeting discussed ways to enhance cooperation and coordination in ...

ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, and Chairman of the Executive Council and presented by Abu Dhabi Global Market (ADGM), the Abu Dhabi Finance Week (ADFW) 2023 edition will host its second edition with the world’s financial leaders, to debate ...

ABU DHABI / WAM The Higher Organising Committee of the Sheikh Zayed Festival has announced the 112-day agenda of the festival, which is all set to welcome visitors to Al Wathba region in Abu Dhabi. Running from November 17 to  March 9, this year’s agenda will feature a wide range of events, programmes and activations, focusing on heritage, grounding the ...

ABU DHABI / WAM As part of their ongoing public-private collaboration to enhance sustainability initiatives, the Environment Agency – Abu Dhabi (EAD) and du, part of the Emirates Integrated Telecommunications Company (EITC), have unveiled the naha environmental engagement platform. The platform is designed to utilise personalised digital platforms to promote sustainability, elevate environmental awareness, and encourage green practices across Abu ...

DUBAI / WAM The Emirates Group on Thursday announced its six-month financial result, reporting a 2023-24 half-year net profit of AED10.1 billion ($2.7 billion), surpassing its record half-year profit of AED4.2 billion ($1.2 billion) last year by 138%. The group also reported an Ebitda of AED20.6 billion ($5.6 billion), a significant improvement from AED15.3 billion ($4.2 billion) during the same ...

ABU DHABI/ WAM The “Tarahum for Gaza” campaign is continuing as part of the UAE’s ongoing efforts to extend a helping hand to assist the Palestinian people. The campaign will organise new activities on Thursday, November 9th, at Emirates Hospitality Center in Ajman, and on Sunday, November 12th, at Abu Dhabi Cruise Terminal part of Abu Dhabi Ports Group, under ...

DUBAI/ WAM In the third quarter of 2023, Aramex sustained its performance with Group revenues amounting to AED 1.35 billion. This represents a moderate 5 percent year-on-year (YoY) decline, attributed to currency fluctuations, macroeconomic challenges, and subdued global retail activity in certain markets. The quarter bore testament to the Company’s enduring resilience, as evidenced by a noteworthy 4 percent YoY ...