Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX)’s market capitalisation opened above AED2 trillion ($545 billion) for the first time in its history, marking a landmark milestone that has made the region’s youngest exchange, the second largest in the Middle East in just two decades. The 25 percent year-to-date spike in the exchange’s market capitalisation was bolstered ...
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UAE, Japan to strengthen cooperation in key areas
Abu Dhabi / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Special Envoy for Climate Change, has held series of high-level meetings with senior Japanese government and business leaders, to strengthen economic, energy and industrial cooperation between the UAE and Japan and drive low carbon growth opportunities. The meetings also focused on the ...
Read More »Masdar City, Dana sign pact to advance food security in UAE
Abu Dhabi / WAM Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, and Dana, the Abu Dhabi-based venture builder and investment platform, have signed a memorandum of understanding (MoU) to advance food security at the national level, contribute to agritech sustainability, and support the UAE in meeting key objectives in line with the National ...
Read More »MoHAP urges public to report malpractices via e-complaint system
ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) has called on the public to report any medical malpractices through its smart channels on the website. Customers wishing to file complaints against private health and pharmaceutical facilities or their cadres can use MoHAP electronic system to report it, the ministry said. The service is available on the ...
Read More »Adib awarded customer experience certificate
Abu Dhabi / Gulf Time Abu Dhabi Islamic Bank (Adib), a leading Islamic financial institution, has announced on Tuesday that it was awarded the International Service Excellence certificate by the International Customer Experience Institute (ICXS), receiving a score of more than 90%. This result highlights the bank’s distinguished achievement in the field of customer service, becoming the first bank ...
Read More »ADJD launches auction app to bid directly
Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) has launched an auction application, allowing interested persons, whether inside or outside the country, to browse and bid for items seized in court cases, be it real estate, vehicles, distinguished car license plates, and movable property of various kinds. The app also has the ability to bid directly from ...
Read More »Malabar Gold & Diamonds and Natural Diamond Council join hands to promote the natural diamond dream in UAE
Dubai / Gulf Time The Natural Diamond Council (NDC), a not-for-profit organisation dedicated to promoting and supporting the natural diamond industry has partnered with leading jewellery brand, Malabar Gold & Diamonds, to enhance aspiration and desire for natural diamonds in the UAE. The intriguing collaboration will showcase the inherent and emotional value of this billion-year-old jewel and inform and ...
Read More »Canada’s CDPQ to invest $5b in DP World’s flagship UAE assets
Dubai / WAM DP World and CDPQ, a global investment group, announced on Monday an investment of $5 billion (CA$6.3 billion) in three of DP World’s flagship UAE assets. CDPQ will invest $2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone and the National Industries Park through a new joint venture in which it will hold ...
Read More »UAE greets Queen Elizabeth II on 70th anniv of accession to throne
Abu Dhabi / WAM President HH Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Her Majesty Queen Elizabeth II of the United Kingdom of Great Britain and Northern Ireland, on the occasion of the 70th anniversary of Her Majesty’s accession to the throne. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime ...
Read More »Dubai, Israel to boost trade, investment ties
Dubai / WAM Dubai International Chamber, one of three Chambers operating under Dubai Chambers, has announced plans to open a representative office in Tel Aviv, which will aim to facilitate trade and investment between business communities in Dubai and Israel. The announcement came during a meeting held at the chamber’s headquarters, attended by Hamad Buamim, President and CEO of ...
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