News

ABU DHABI/AD MEDIA OFFICE Abu Dhabi Investment Office (ADIO) has entered into a strategic, multi-year partnership with Gushcloud International, a global creator management and licensing company, powered by AI. Under the agreement, Gushcloud will establish its EMEA and India regional headquarters in Abu Dhabi, advancing the emirate’s rapidly growing digital creator economy and reinforcing its position as a global digital ...

SHARJAH/WAM Sharjah Islamic Bank (SIB) has announced a strategic partnership with the Environment and Protected Areas Authority (EPAA) in Sharjah. This initiative aligns with the SIB’s commitment to sustainable development goals and reinforces its leadership role in preserving the environment and natural resources. As part of this partnership, the two entities have launched the “Tree Planting” initiative, supporting national efforts ...

ABU DHABI/WAM The Ministry of Finance has achieved a major milestone in the eInvoicing Programme, reinforcing the UAE’s commitment to comprehensive digital transformation and enhancing the efficiency of the financial system, with the issuance of ministerial decision on the eligibility criteria and accreditation procedure for service providers under the Electronic Invoicing System. This decision marks a key step in the ...

ABU DHABI/WAM Embracing the spiritual values of Ramadan and reinforcing social responsibility, the Integrated Transport Centre (Abu Dhabi Mobility), an affiliate of the Department of Municipalities and Transport, has introduced a range of services and facilities for visitors to Sheikh Zayed Grand Mosque during the holy month. This initiative aims to enhance traffic flow and ensure seamless mobility around the ...

DUBAI/WAM Dubai World Trade Centre (DWTC) has unveiled its 2024 results, welcoming 2.65 million event participants in 2024, marking a 7 percent increase compared to the previous year. The results were driven by a robust calendar of 378 Meetings, Incentives, Conferences and Exhibitions (MICE), and business and consumer events reflecting a notable 26 percent year-on-year growth. DWTC’s flagship MICE segment ...

ABU DHABI/WAM 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 bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, sent messages of congratulations to Alexander Turchin on his appointment as the Prime Minister of Belarus.

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Kais Saied of Tunisia on the occasion of his country’s Independence Day. 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 bin Zayed Al Nahyan, ...

DUBAI/GULF TIME Union Insurance Company, a leading provider of innovative customer-focused insurance solutions to individuals and organisations in the region, has reported strong financial results for 2024. The company’s net profit has surged from a loss of AED2.5 million posted in 2023 to AED38.3 million in 2024. As of December 31 2024, total assets have grown to AED 1.514 billion compared to ...

AL AIN/WAM The Abu Dhabi Housing Authority (ADHA) and Abu Dhabi Real Estate Centre have begun handing over 306 villas to Emirati beneficiaries of the Al Saad residential project in Al Ain following the completion of the allocation process. The project features five-bedroom villas spanning 505 square metres, built on plots of 2,025 square metres each. It includes integrated community ...

ABU DHABI/WAM EDGE Group entity POWERTECH has secured its first order for the P145i combustion engine from ADASI, marking a significant milestone in its strategy to become a globally competitive original equipment manufacturer (OEM) of high-performance propulsion systems for defence and civil aerospace applications. Under the agreement, POWERTECH will supply ADASI with its advanced six-cylinder fuel-injection engine, designed to enhance ...