News

ABU DHABI / WAM Khalifa Fund for Enterprise Development will support two UAE businesses participating in the highly anticipated “Make it in the Emirates”, a prominent industrial event that brings together government entities, industrial leaders, financial institutions, SMEs, and investors to explore investment opportunities, boost local content, and enable sustainable manufacturing. Khalifa Fund will actively participate in the forum showcasing ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) followed the UAE’s leading approach to developing the national talent to ensure the sustainable success of its civil nuclear energy programme. Fast forward to today and not only does the UAE Peaceful Nuclear Energy Programme have hundreds of UAE Nationals with nuclear engineering degrees, but it has now added a ...

NEW YORK / WAM The United Arab Emirates announced human fraternity; climate change, peace and security; and cooperation between the United Nations and the League of Arab States as the main priorities of its presidency of the United Nations Security Council during the month of June. As President, the UAE sets the Council’s Programme of Work in agreement with other ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Sergio Mattarella of Italy on the occasion of his country’s Republic Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime ...

CAPE TOWN / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, met with Russian Foreign Minister Sergey Lavrov, on the sidelines of the ‘Friends of BRICS’ meeting in South Africa’s city of Cape Town. The two top diplomats discussed ways of strengthening relations of friendship and strategic partnership between the UAE and the Russian Federation. They ...

SHARJAH / GULF TIME Jawhara Jewellery, the leading Emirati brand, is participating in the fourth session of the jewels of emirates show, which is being held with the support of the Sharjah Chamber of Commerce and Industry to reveal the latest exclusive collections of gold and jewelry with the participation of a large number of Emirati and international companies specialized ...

DUBAI / WAM flydubai, the Dubai-based carrier, on Thursday marks 14 years of operations. On June 1, 2009, the carrier welcomed its first passengers on board its inaugural flight FZ 157 from Dubai to Beirut. Since then, flydubai has been changing the way people travel around the region by enabling them to travel to more places, more often. Commenting on ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has successfully issued a 5-year $600 million bond at US Treasury +95bps which resulted in an all-in yield of 4.774%. This issuance marks the first Green bond issued by a Mena Financial Institution in 2023. FAB has set a new industry standard by achieving the tightest-ever spread for a 5-year bullet ...

ABU DHABI / WAM Adnoc on Thursday announced the commencement of trading of Adnoc Logistics and Services plc (Adnoc L&S), a mission-critical global energy maritime and logistics leader, on the Abu Dhabi Securities Exchange (ADX), following the completion of its landmark IPO. The historic Adnoc L&S IPO drew the highest demand globally for any IPO so far in 2023, is ...

ABU DHABI / WAM Dubai Industrial City, a member of Tecom Group, announced that it has attracted almost AED1 billion in investments from local and global manufacturing companies, during its participation at the Make it in the Emirates Forum in the UAE. Investments by local rubber products producer Universal Rubber Belt Manufacturing and local polymer solutions provider Stars Plastics Industries, ...