News

DUBAI / WAM The Ministry of Climate Change and Environment has launched an integrated programme to monitor plastic waste in the marine and coastal environment of the country, in line with its efforts to preserve marine resources, seawater quality, and beach cleanliness within the general framework of Year of Sustainability. A series of scientific studies will be conducted as part ...

SHARJAH / WAM Sharjah Taxi, one of the projects of Sharjah Asset Management, the investment arm of the emirate of Sharjah, has distributed 15,000 meals to Sharjah taxi drivers across various localities, in close cooperation with Sharjah Charity International. Khalid Al Kindi, Acting General Manager — Osoul Transport Solutions, said that this initiative strives to promote the values of goodness ...

HANOI / WAM Dr Bader Abdullah Al Matrooshi has presented his credentials as UAE ambassador Extraordinary and Plenipotentiary to Vietnam, to Võ Văn Thưởng, President of the Socialist Republic of Vietnam, at an official reception ceremony which took place at the Presidential Palace in the capital, Hanoi. During the meeting, Al Matrooshi conveyed to the President of Vietnam the greetings ...

DUBAI / WAM Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, on Wednesday announced its results for the period ending on March 31. The bank’s net profit came in at AED 1.506 billion, up 12 percent year-on-year (YoY) compared to AED1.345 billion, a growth was driven by rising core revenues and effective cost management. Net financing and ...

LATAKIA / WAM The Emirates Red Crescent (ERC) team in Latakia Governorate are distributing Eid clothes sets among  60 orphans in the governorate who’ve lost their parents in the February 6 earthquake as part of  the“Operation Gallant Knight/2”, initiated by the Ministry of Defence’s Joint Operations Command. Mohamed Khamis Al-Kaabi, the head of the ERC team, said the UAE humanitarian ...

DUBAI / GULF TIME Rice has been much more than just a food source for thousands of years, with a rich history that spans back to 2500 BC. Across the Muslim world, rice has been a symbol of tradition and heritage, giving rise to a stunning array of diverse and delicious dishes, from the fragrant Nasi Goreng to the savoury ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and His Majesty Sultan Haitham bin Tariq of Oman have exchanged greetings and best wishes on the occasion of the approaching Eid al-Fitr. This came in a phone call on Tuesday, during which the two leaders prayed to God to bestow health, happiness, stability and prosperity ...

SHARJAH / WAM United Arab Bank (UAB) has reported its financial results for the first quarter ending on March 31, with a net profit of AED 54.8 million, up 80 percent from AED 30.4 million in Q1 2022. The increase in net profit is attributed to improved Net interest income and lower provision charges. The bank’s total operating income grew ...

ABU DHABI / WAM In line with UAE Net Zero 2050 and the UAE’s direction towards sustainable economic development and industrial decarbonisation, the Ministry of the Industry and Advanced Technology (MoIAT) is hosting high potential technology start-ups with a focus on sustainability and decarbonisation to participate in a start-up competition launched ahead of COP28. The ministry created the Make it ...

BRUSSELS / WAM The European Parliament approved the deals reached with EU countries in late 2022 on several key pieces of legislation that are part of the “Fit for 55 in 2030 package” — the EU’s plan to reduce greenhouse gas (GHG) emissions by at least 55% by 2030 compared to 1990 levels in line with European Climate Law. The ...