News

  DUBAI / WAM Bloomberg Media is expanding in the Middle East and Africa with the creation of a regional studio in Dubai, established by Bloomberg Media Studios, its branded content division. The studio will comprise a full team of creative and business professionals and will serve the growing roster of clients across the region who are looking to engage ...

  ABU DHABI / WAM Agthia Group on Tuesday announced that the group’s net revenue reached AED3.07 billion for 2021, equivalent to 49% year-on-year growth compared to same period last year, following the consolidation and integration of key acquisitions into the business. The Group’s net profit stood at AED216 million compared to AED34 million in the previous year, in which ...

  ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Chairwoman of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, congratulated Emirati women and all women around the world on the occasion of International Women’s Day on Tuesday. “Every day, women are proving that hard work makes ...

  RAS AL KHAIMAH / WAM Ras Al Khaimah-based real estate development and investment company Al Hamra has unveiled an ambitious five-year roadmap, from 2023-2027, to drive sustained growth through strategic developments, in line with the vision of Ras Al Khaimah’s leadership to establish the emirate as one of the leading investment, business, residential and tourism destinations. The company has ...

  ABU DHABI / WAM Buna, the cross-border and multi-currency payment system owned by the Arab Monetary Fund (AMF), on Tuesday signed a Memorandum of Understanding (MoU) with NPCI International Payments Limited (NIPL), the international arm of National Payments Corporation of India (NPCI), to support the growth of trade and investment flows between the Arab world and India. The MoU ...

  DUBAI / WAM Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the Dubai International Humanitarian Aid and Development Conference and Exhibition — Dihad, starts next week on March 14 at the Dubai World Trade Centre. The leading humanitarian forum brings together some of the world’s philanthropic institutions, ...

  DUBAI / WAM The Latin America and Caribbean (LATAM) region can be an important economic partner to help Dubai meet its new target of boosting foreign trade to AED2 trillion over the next five years, according to a new guide published by Dubai Chamber of Commerce. The guide, titled Why Latin America? features valuable insights on promising economies in ...

  DUBAI / WAM Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, met on Tuesday with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). The meeting, which took place virtually, sought to discuss the UAE’s participation in the 2022 virtual Spring Meetings of the World Bank Group (WBG) and the IMF. Younis Haji Al Khoori, Undersecretary ...

  DUBAI / WAM The Ministry of Energy and Infrastructure has won “Regulatory Initiative in Maritime Sustainability & Innovation Award” at ShipTek International Awards 2022. As the UAE continues its active role in strengthening the national maritime sector and advancing the maritime and logistics industry globally, this new achievement has consolidated the UAE’s leadership in the maritime sector and its ...

  DUBAI / WAM Sanad Village, the region’s largest rehabilitation centre for people of determination, and the Emirates Autism Society signed a Memorandum of Understanding (MoU) at Expo 2020 Dubai. Faris Saeed, Chairman of Sanad Village, and Majid Sultan Al Muhairi, Chairman of Emirates Autism Society, signed the agreement. Senior members from both parties attended the signing ceremony. The two ...