Local News

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, on Monday received in his palace at the Saqr bin Mohammed City, Gerard Paul Marie Hubert Steeghs, ambassador of the Kingdom of the Netherlands to the UAE, who called on him on the occasion of beginning of his assignment. ...

SHARJAH / WAM HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, inaugurated on Monday the third edition of the Ithraa career fair which is organised by the Emirates Institute of Finance (EIF) in partnership with the Sharjah Department of Human Resources (SDHR), the Nafis Programme and the Sharjah Chamber of Commerce and Industry. Sheikh Sultan ...

ABU DHABI / GULF TIME Insurance House (IH) is pleased to announce its partnership with the Bahrain Institute of Banking & Finance (BIBF), a reputable financial institute in the GCC, to deliver a bespoke insurance programme approved by the Chartered Institute of Insurance UK. The identified talents within Insurance House will have the exclusive opportunity to participate in this six-month ...

ABU DHABI / WAM In the presence of HH Sheikh Hamed bin Zayed Al Nahyan, Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and NPCI International Payments Limited (NIPL), have announced a strategic partnership to advance the development of the UAE’s first national Domestic Card Scheme (DCS). The agreement was exchanged between Saif ...

DUBAI / WAM The Big 5 Global, the MEASA region’s largest construction industry event, is scheduled for December 4-7, at the Dubai World Trade Centre. The event expects 2,200+ exhibitors and 68,000+ attendees from 150+ countries, fostering networking, partnerships, and knowledge exchange. It brings together stakeholders from contractors, developers, architects, engineers, and innovators to ESG advisors and policymakers, fueling the ...

BLOOMBERG Metro Bank Holdings CEO Daniel Frumkin indicated that Barclays Plc is among the possible buyers of a $3.7 billion mortgage portfolio the struggling lender put up for sale as it attempts to strengthen its balance sheet. Frumkin said the process had attracted significant interest from potential suitors including one not “dissimilar to what’s on your paycheck.”

ABU DHABI / WAM Oxford Economics, an independent economic advisory firm, has predicted that the UAE economy will grow by 4.4% in 2024. This growth is being driven by a number of factors, including government initiatives to support economic diversification. In his statement to the Emirates News Agency (WAM), Scott Livermore, Chief Economist, Oxford Economics Middle East, and Managing Director, ...

ABU DHABI / WAM The COP28 Presidency has announced measures to support the representation and participation of women at the UN Climate Change Conference COP28 in th UAE. The measures include financial assistance to encourage stronger attendance of women delegates, technical training sessions, and support for an international conference. “Historically, the perspectives and leadership of women have been underrepresented in ...

ABU DHABI/ AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended a wedding reception hosted by His Highness Sheikh Tahnoun bin Mohammed Al Nahyan, the Ruler’s Representative in Al Ain, for the marriage of Sheikh Theyab bin Khalifa bin Sultan Al Nahyan to the ...

ABU DHABI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, chaired the UAE Cabinet meeting at Qasr Al Watan, Abu Dhabi, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of Presidential Court; H.H. Sheikh Maktoum bin Mohammed bin Rashid Al ...