News

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received on Tuesday Narendra Modi, Prime Minister of India. The Indian Prime Minister offered his condolences to the UAE President and people on the passing of Sheikh Khalifa bin Zayed Al Nahyan, recalling his generous humanitarian values and the progress witnessed in the Emirati-Indian ties at all ...

  Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched ‘Dubai Global’, an initiative to establish 50 integrated commercial representative offices for Dubai in five continents across the world during the next few years. The initiative aims to strengthen Dubai’s position as one of the ...

  Abu Dhabi / WAM Alpha Dhabi Holding has increased its stake in Aldar Properties, reaffirming its position as the largest shareholder and consequently becoming Aldar’s parent company. Through this latest additional stake, Alpha Dhabi has raised its shareholding of Aldar to complement its existing majority representation on Aldar’s Board of Directors. Accordingly, Aldar will be treated as a subsidiary ...

  Dubai / Gulf Time Sheikh Hasher bin Maktoum Al Maktoum inaugurated the third store of the UAE brand “Carter & White”, a company specialised in designing and manufacturing clothing, in City Centre Mirdif in Dubai. Sheikh Hasher bin Maktoum Al Maktoum had a tour at the new store, which is the largest in terms of size and department stores, ...

  Abu Dhabi / WAM Agthia group has announced that seven of its products have won the 2022 Superior Taste Award granted by the International Taste Institute in Brussels, Belgium. The products from its brands such as Al Ain Water, Date Crown, Nabil Foods, and Alpin Water were evaluated against thousands of other food products from across the globe by ...

  Abu Dhabi / Gulf Time Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, has announced additional flights from Abu Dhabi to capitalise on the increasing demand for travel. Providing hassle-free, affordable travel for tourists and residents in both the UAE and throughout the region, flight capacities are being extended to both Bahrain and Muscat, Oman to ...

  Dubai / WAM The Museum of the Future and Dubai’s Roads and Transport Authority (RTA) have announced a new partnership to showcase future mobility solutions, from personal jet packs to self-driving cars. They signed a strategic partnership to exhibit some of the world’s most exciting, advanced mobility solutions at the ‘Tomorrow, Today’ exhibition, an ever-evolving showcase of innovations at ...

Bloomberg The UK government would have to pay £14 billion pounds ($17 billion) a year to give public-sector workers the 7 percent pay raise that some of them are demanding. The figures, from an analysis by Bloomberg Economics, shed light on the options Prime Minister Boris Johnson is facing to defuse the biggest round of strikes in decades. Rail workers ...

  Bloomberg California Governor Gavin Newsom announced that he had reached an agreement with state legislators on a $17 billion “inflation relief package.” “Millions of Californians will be receiving up to $1,050 as part of a new middle class tax rebate. That’s more money in your pocket to help you fill your gas tank and put food on the table,” ...

  Bloomberg Volkswagen AG is selling a 10% stake in Electrify America, the electric-car charging subsidiary it established in the wake of its diesel-emissions scandal, to Siemens AG, according to people familiar with the matter. The partners are also set to announce an investment of $450 million in the network, likely to be announced later Tuesday, they said, declining to ...