Local News

Dubai Customs organises 3rd DCCC meeting in 2022

  DUBAI / WAM Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation (PCFC), said that the economic sectors in the UAE are performing positively and are likely to achieve more growth, during the meeting of the 3rd Dubai Customs Consultative Council (DCCC). The UAE’s foreign trade for the first 6 ...

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UAE, Uruguay discuss ways of boosting parliamentary ties

  MONTEVIDEO / WAM Saqr Ghobash, Speaker of the UAE Federal National Council (FNC), and Pablo Lanz, Chairman of the International Relations Committee of the Senate of Eastern Uruguay, discussed enhancing parliamentary relations and stressed the importance of joint cooperation and coordination regarding international issues of common interest. Saqr Ghobash is leading a parliamentary delegation on an official visit to ...

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Abu Dhabi summit to explore future of diverse culture sector

  ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced that its fifth edition of Culture Summit Abu Dhabi, a leading global forum, will return to Manarat Al Saadiyat under the theme ‘A Living Culture’. Designed to explore the future of the culture sector and discuss creative cultural solutions to some ...

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Super sports enthusiast Anwar Shaikh brings Ultrahuman to UAE

DUBAI / GULF TIME ARUNIMA MISHRA The world’s most advanced metabolic fitness platform, Ultrahuman, is now embarking on a great start in the UAE. Started by Mohit Kumar and Vatsal Singhal in 2019 in India, while super sports enthusiast Anwar Shaikh brought the metabolic platform to the UAE.
“The UAE is a great launchpad for international expansion for it is home ...

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GCC-India sign deal on institutional consultations

  NEW DELHI / WAM India has signed a Memorandum of Understanding (MoU) with the Gulf Cooperation Council (GCC) Secretariat on the “mechanism of consultations” between the two sides. The MoU was signed between India’s Minister for External Affairs Dr S Jaishankar, and the GCC Secretary-General Dr Nayef Falah Mubarak Al-Hajraf. India’s Ministry of External Affairs said, “both sides reviewed ...

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EIBFS satisfaction rating rises to 93% in first half

  DUBAI / WAM Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, has received an impressive satisfaction rating of 93 percent in the Customer Satisfaction Survey (CSS), during the first half of 2022. All programmes and courses received a high rating in the customer satisfaction survey, conducted by Ipsos, in ...

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Salik ups IPO size to 24.9% on strong investor demand

  DUBAI / WAM Salik Company on Friday announced that it has increased the number of shares offered in Salik’s Initial Public Offering (IPO) from 1,500,000,000 ordinary shares to 1,867,500,000 ordinary shares, which would result in an increase in the Offer Size from 20.0% to 24.9% of Salik’s share capital, with the Government of Dubai continuing to own 75.1% of ...

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UAE stocks hit three-week high

  ABU DHABI / WAM UAE twin bourses hit a three-week high, as Abu Dhabi’s FTSE ADX General picked up 0.50 percent to close at 10,019.200 pts, and heavyweight real estate shares led wider gains in Dubai equities pushing DFMGI 0.925% higher to 3,462.780 pts. In the capital, 18,017 trades were conducted with a share turnover of AED2,153,686,949 over 584,030,635 ...

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Dubai’s Salik ups IPO size 24.9% on strong investor demand

  DUBAI / WAM Salik Company announced that it has increased the number of shares offered in Salik’s Initial Public Offering (IPO) from 1,500,000,000 ordinary shares to 1,867,500,000 ordinary shares, which would result in an increase in the Offer Size from 20.0% to 24.9% of Salik’s share capital, with the Government of Dubai continuing to own 75.1% of Salik’s existing ...

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Media role in raising awareness on societal, national issues highlighted

  ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) organised a media forum for local radio and television broadcasters from across the UAE at the Mandarin Oriental Hotel in Dubai. The meeting, which was held under the slogan “Partners in Responsibility”, was organised to enhance understanding and coordination with members of the media, who play a ...

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