News

  DUBAI / WAM Initiating a movement in financial literacy amongst the UAE’s youth, National Bonds, an investment company owned by the Investment Corporation of Dubai, has entered a partnership with Taaleem, one of the country’s leading education providers, to empower children of all ages with essential financial planning skills. In a signing ceremony, National Bonds group CEO, Mohammed Qasim ...

  DUBAI / WAM Emirates, renowned for its world-leading air transport services, has also been recognised for its outstanding ground transport services with awards in multiple categories, at the RoSPA awards, held for the first time in Dubai. The only airline to have achieved commendations three years in a row, the Emirates team took gold awards in three main categories: ...

  Abu Dhabi / WAM The UAE has enhanced its ranking to be first globally in overall business skills proficiency, according to Coursera’s latest Global Skills Report. In last year’s report, the country ranked second in the world and led the Middle East and North Africa region. Learners in the UAE were placed in the top 100 percentile, compared to ...

  Abu Dhabi / WAM Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has announced the signing of a financing agreement with Capital Bank of Jordan, whereby a credit line of approximately AED73.4 million ($20 million) will be opened to support collaborative efforts to enhance UAE’s exports to the region and boost economies ...

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) has completed a London investor roadshow, hosting a delegation of over 25 senior executives from nine listed companies and the exchange. Throughout the two-day event, the ADX delegation hosted 204 investor meetings across 47 one-on-one meetings and 37 group meetings, with a total of 89 institutional investors, including some ...

  Dubai / WAM Dubai Culture and Arts Authority (Dubai Culture) has announced that it will be cooperating with ‘Hayi’ app, a free, local, social communication network for neighbourhoods in Dubai that encourages residents to communicate, endorse and befriend each other, create groups based on their locations, share common interests and preferences, as well as launch and participate in social ...

  Dubai / Gulf Time After having firmly entrenched itself in the construction sector in the cosmopolitan city of Dubai which is synonymous with the posh shopping malls, penthouses and real estate activity, YB group, has forayed into food and beverage sector. The maiden venture of the Group in F&B sector is Kefi which is located in Al Mamzar, Dubai. ...

  Dubai / WAM Emirates, renowned for its world-leading air transport services, has also been recognised for its outstanding ground transport services with awards in multiple categories, at the recent RoSPA awards, held for the first time in Dubai. The only airline to have achieved commendations three years in a row, the Emirates team took gold awards in three main ...

  Bloomberg US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the White House and Democrats. The consumer price index increased 8.6% from a year earlier in ...

  Bloomberg The European Union (EU) is nearing an agreement on key legislation to regulate the cryptocurrency sector that would set common rules across the 27 member states, people familiar with the matter said. France, which currently chairs the EU, and the European Parliament are optimistic about resolving remaining issues holding up the Markets in Crypto-Assets (MiCA) package and reaching ...