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UAE President meets with heads of state, delegation leaders at COP29 in Azerbaijan

BAKU/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met on Tuesday with a number of heads of state and delegation leaders on the sidelines of the COP29 climate conference in Baku, Azerbaijan. His Highness held separate meetings with His Excellency Mohamed Ould Ghazouani, President of the Islamic Republic of Mauritania, His Excellency Recep Tayyip Erdogan, President of ...

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UAE President attends COP29 World Leaders Climate Action Summit

BAKU / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday attended the opening session of the COP29 World Leaders Climate Action Summit and reiterated the UAE’s commitment to helping accelerate climate action and build a climate resilient economy for the future. Inaugurated by His Excellency Ilham Aliyev, President of Azerbaijan, the COP29 climate conference is ...

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Employers exempt from late payment fines in October, November: GPSSA

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) has exempted employers in the federal, government and private sectors from incurring fines for late contribution payments due for October and November 2024. This exemption follows a circular issued by GPSSA to employers across sectors to mark the launch of the Ma’ashi platform. According to Article No 13 ...

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Yalla Group reports AED326.5 million in Q3 revenue

DUBAI / GULF TIME Yalla Group Limited, the largest Middle East and North Africa (MENA)-based online social networking and gaming company, on Tuesday announced strong financial results for the third quarter of the fiscal year 2024 ending on September 30 2024. According to the financial data, the company has posted a 4.4% revenue increase, reaching AED 326.5 million ($88.9 million), ...

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Adnic achieves net profit before tax of AED342.5mn in 9 months

ABU DHABI / WAM Abu Dhabi National Insurance Company (ADNIC) announced its financial results for the first nine months of 2024, reporting a net profit before tax of AED342.5 million, highlighting the company’s solid financial performance and successful execution of key strategic growth initiatives. Following Adnic’s successful acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company (ASF) ...

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UAE leaders congratulate new President of Botswana

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Duma Gideon Boko on being sworn in as President of the Republic of Botswana. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness Sheikh Mansour ...

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SAIF Zone, EMX sign pact for logistics warehouse

SHARJAH/GULF TIME The Sharjah Airport International Free Zone (SAIF Zone) has signed a lease agreement with EMX, the logistics arm of 7X, for the lease of their new 6500 square-foot logistics warehouse. The agreement was signed by HE Saud Salim Al Mazrouei, Director of SAIF Zone, and Tariq Alwahedi, General Manager of EMX, during a ceremony attended by officials and ...

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M42 highlights healthcare prevention advancements at UK’s Longevity Forum

ABU DHABI / WAM M42, a global health leader powered by artificial intelligence (AI) and technology, has called on healthcare, technology and academic leaders to join it in the battle against disease by shifting the focus of the healthcare industry from sickness to prevention, in a keynote speech by its Managing Director and Group Chief Executive Officer, Hasan Jasem Al ...

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