News

  Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, reviewed the Dubai Pulse report, a detailed study on the performance of Dubai Plan 2021 since its launch. Speaking on the occasion, Sheikh Hamdan said, “Today, we reviewed the Dubai Pulse report which outlines the achievements ...

  Abu Dhabi / WAM Her Excellency Noura Al Kaabi, Minister of State for Federal National Council Affairs, called for innovative thinking to achieve the government vision for leadership and excellence in all areas affecting people’s lives. HE Al Kaabi stated this during an innovation award ceremony organised by the ministry to honour employees as part of efforts to offer employees ...

  Abu Dhabi / WAM The Zayed Giving Initiative launched its ‘Voluntary Medical Convoys’ campaign to provide diagnostic and preventive therapeutic services for the early detection of heart diseases in different segments of society, especially children and elderly people. The campaign is in partnership with the Saudi German Hospital, the Dar al Ber Society and the Emirates Volunteer Centre. The campaign, ...

  Dubai / WAM As part of the Ramadan ‘Reading Nation’ campaign launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, LuLu Group announced a contribution of AED2 million to provide 200,000 books to refugee camps and schools around the world. Speaking on the Group’s allocation, Yusuff Ali ...

  Dubai / Emirates Business Dubai Electricity and Water Authority (DEWA) organises events and activities aimed at promoting Islamic values and traditions, throughout the holy month of Ramadan as part of its continuous efforts to promote communication and collaboration and social cohesion among all its staff. The activities begin with DEWA’s Ramadan Tent, which is located at DEWA’s Head Office, ...

  Dubai / Emirates Business UAE’s leading financial institution, Mashreq announced that Abdul Kadir Hussain, Head of its Asset Management unit and CEO of Mashreq Capital (DIFC) Ltd has decided to leave the institution for personal reasons. Kadir will be replaced by Aamir Peracha, Managing Director and Head of Equities and Derivatives at Mashreq. Hussain leaves behind a strong management ...

  Abu Dhabi / Emirates Business Mohammed Rasool Khoory & Sons Group in partnership with the Turkish Bagul family, launched Petek Restaurant & Sweets, a famous name in Turkey for over one hundred years. The new restaurant is located in Rolex Building – World Trade Center in Corniche Road in Abu Dhabi. During the occasion, the board member of Mohammed ...

  Bloomberg Gulf oil exporters must cut spending and narrow their budget shortfalls to keep their currencies pegged to the dollar, the International Monetary Fund said. While substantial foreign assets have allowed the countries to fix the value of their currencies to the greenback, keeping the status quo comes at a price as lower crude prices strain public finances, the ...

  Geneva / WAM The UAE has been elected to chair the Finance Committee of the International Labour Organization during their 105th conference that was held in Geneva, votes cast by the participating states of the committee marked the UAE as the leading representative. The Finance Committee comes with great responsibilities and was formed by the organization to study, discuss, adopt ...

  DUBLIN / Reuters Qatar’s sovereign wealth fund is set to buy a major stake in Irish telecoms firm Eir, the Irish Times reported on Thursday, in a move that would likely support its plans to hold off from a stock market flotation for now. The Qatar Investment Authority (QIA) is on course to acquire York Capital, Eir’s second-largest shareholder’s ...