ABU DHABI / GULF TIME Bloom Holding, one of the UAE’s foremost real estate development companies, has announced a guaranteed annual return on investment of up to 8 per cent over five years for its hotel apartments at Bloom Arjaan by Rotana. Only a limited number of premium units are available for investment. Located in Bloom’s prestigious Park View on ...
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GENEVA / WAM The General Council of the WTO has elected Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, as Chair of the World Trade Organisation’s 13th Ministerial Conference (MC13) on Monday. The ministerial conference, attended by leading representatives from the 164 countries and customs blocs that make up the WTO, will take place in Abu ...
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ABU DHABI / WAM The Department of Municipalities and Transport (DMT) announced that foreign direct investment (FDI) in the individual category within Abu Dhabi’s real estate sector has soared to AED834.6 million during the first half of 2023, achieving a record growth rate of 363% compared to the corresponding period last year. According to data released by the DMT, the ...
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DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has gifted a herd of horses to the youngest Iraqi horse rider, Lania Fakher, following the loss of her mare. Sheikh Mohammed has also directed to support the Iraqi youngest rider to establish an equestrian training centre. ...
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SHARJAH / WAM Sharjah Islamic Bank (SIB) announced an increase in its operating profit before provisions by 31%, reaching AED 648.7 million for the first half of 2023, compared to AED 497.2 million for the same period in the previous year. The bank’s net profit amounts surged to AED 494.6 million for the first half ended on June 30, showing ...
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ABU DHABI / WAM Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), said the presence of a UAE Government delegation, which includes the ADFD, at the United Nations (UN) High-level Political Forum on Sustainable Development (HLPF) for 2023 in New York is of great importance, as it highlights the UAE’s pioneering model and exceptional experience ...
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ABU DHABI / WAM Burjeel Holdings has been awarded a contract to operate and manage Al Dhannah Hospital, one of the largest healthcare facilities in the Al Dhafra region, owned by Adnoc, in a significant move that further underlines its Operation and Management (O&M) capabilities. Under the agreement, Burjeel Holdings will assume full operational responsibility for Al Dhannah Hospital, aiming ...
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SHARJAH / WAM HH Sheikh Dr Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has directed the appointment of 45 people of determination in departments and institutions of the Sharjah government. The directive will be implemented in cooperation with Sharjah City for Humanitarian Services, Sharjah Department of Human Resources and the University of Sharjah as the ...
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ABU DHABI / WAM The annual Global Media Congress (GMC) in Abu Dhabi proves the UAE’s capability to gather all parties in the media sector for effective collaboration, in preparation for future media, according to a top Indonesian diplomat. “The first edition of the Global Media Congress in 2022 was proof that the UAE is a visionary leader in the ...
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DUBAI / WAM The Dubai International Financial Centre (DIFC) Courts on Monday released its figures for the first six months of 2023, reflecting a surge in the overall value of claims. In addition, the substantial uptake of additional ancillary services, such as Wills registration, further elevates Dubai’s common law jurisdiction as the region’s leading forum for international dispute resolution. The ...
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