DUBAI / GULF TIME The world is going through difficult times. Across the GCC, homegrown brands with genuine potential are struggling — not because their products aren’t good enough, but because they don’t have the platform to prove it. Citron built that platform. The Dubai-born kids’ lifestyle brand started in 2017 as a single lunchbox made by a mum who …
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DUBAI/ WAM The Annual General Meeting (AGM) of the Emirates Central Cooling Systems Corporation PJSC (Empower), held with a quorum of 85 percent of the company’s paid-up share capital, approved the Board of Directors’ proposal to distribute cash dividends of AED437.5 million (4.375 fils per share equivalent to 43.75% of the company’s paid-up capital) to shareholders for second half of …
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DUBAI / WAM Further to the announcement made on 28 November 2025 regarding the strategic partnership between RAKBANK and Network International (Network), the transaction has now successfully closed following all required approvals from the Central Bank of the UAE. As part of the partnership, Network will provide its state-of-the-art payment solutions to serve RAKBANK’s customers across SMEs and large corporates, …
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ABU DHABI / WAM Researchers at NYU Abu Dhabi have discovered new large-scale waves moving deep inside the Sun, driven by magnetic fields far below the surface. These waves provide a window into parts of the Sun that are otherwise inaccessible, giving scientists a new tool to study how its magnetic field is formed and evolves over time. In the …
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ABU DHABI / WAM The National Centre of Meteorology (NCM) expects that today’s weather will be partly cloudy to cloudy, with some convective clouds, accompanied by heavy rainfall over most areas of the country at intervals, and a drop in temperatures. In a statement, the Centre noted that winds will be southeasterly to northeasterly at 15 to 30, reaching up …
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ABU DHABI / WAM The Central Bank of the United Arab Emirates (CBUAE) has seen its gold reserves rise by 13.6 percent in January 2026 to a new record of AED43.051 billion at the end of the month, compared to AED37.902 billion at the end of December 2025, an increase of AED5.149 billion, according to the bank’s monthly statistical bulletin …
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DUBAI / WAM Dubai has achieved its highest-ever ranking in the Global Financial Centres Index (GFCI), climbing to seventh place globally, underscoring the emirate’s accelerating rise as one of the world’s most influential financial hubs and its importance in the global financial system. This remarkable achievement is a key step in Dubai’s ambitious goal to rank among the top four …
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ABU DHABI / AD MEDIA OFFICE As part of the Department of Culture and Tourism – Abu Dhabi’s (DCT Abu Dhabi) wider overarching initiative in curriculum mapping, Abu Dhabi’s cultural sites will be rolling out dedicated programmes linking their cultural and art collections to the school curriculum. Following this mandate, Louvre Abu Dhabi has launched the Museum Curriculum Portal, a …
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ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, in his capacity as Chairman of the Abu Dhabi Judicial Department (ADJD), has issued Resolution No. 3 of 2026 regarding the formation of Family Business Dispute Resolution Committees in Abu Dhabi emirate. The move aims to strengthen …
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ABU DHABI / WAM National Central Cooling Company (Tabreed), yesterday held its Annual General Assembly (AGA). In recognition of the company’s resilient financial and operational performance throughout 2025, shareholders approved a second-half dividend payment of 6.5 fils per share, to be distributed fully in cash, resulting in a total 2025 dividend of 13.0 fils per share – a dividend yield …
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