News

DUBAI / GULF TIME HE Abdullah Bin Touq Al Marri, UAE Minister of Economy, witnessed the opening of the new Malabar Gold & Diamonds international hub in Dubai Gold Souk. MP Ahammed, Chairman of Malabar Group; and other directors, distinguished guests, officials, well-wishers, and management team members of Malabar Gold & Diamonds were present on the occasion. The group is ...

DUBAI / GULF TIME Tanishq signs a memorandum of understanding (MoU) with Sharaf Group UAE on Wednesday. Through this strategic alliance, Tanishq aims to extend its highly focused value offering in gold and diamond jewellery and utilise Sharaf Group’s retail expertise to drive their already robust growth story in the GCC. The two entities will kickstart this collaboration with the ...

LONDON / WAM The Arab London Foundation awarded Sheikha Fatima bint Hazza bin Zayed Al Nahyan, Chairwoman of the Board of Directors of the Fatima bint Mubarak Ladies Sports Academy and the Fatima bint Hazza Cultural Foundation, the Arab Woman Award 2023, in recognition of her outstanding achievements and efforts in empowering women in various fields, especially cultural and sports. ...

ABU DHABI / WAM The UAE has condemned statements by Israeli Minister of Finance Bezalel Smotrich in which he denied the existence of the Palestinian people. The UAE also condemned his use of a map of Israel that includes lands from the Hashemite Kingdom of Jordan and the occupied Palestinian territories. In a statement, the Ministry of Foreign Affairs and ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) and Nuclearelectrica have announced the signing of a memorandum of understanding (MoU) for bilateral cooperation within the nuclear energy sector to support the growth of this critical energy source in tackling the dual challenges of energy security and climate change. The objective of the MoU is to provide both parties ...

SHARJAH / WAM The Board of Directors of Dana Gas on Tuesday announced that it has recommended an incremental dividend payment of 4.5 fils per share for H2 2022. A payout of 4.5 fils per share for the second half of 2022 would take the total dividend payment for 2022 to AED630 million or 9 fils per share, a 12.5 ...

ABU DHABI / WAM Halcyon, a Washington DC-based incubator, concluded a week-long programme in Abu Dhabi, in collaboration with Access Abu Dhabi, a programme supported by the Abu Dhabi Investment Office (Adio), with a cohort of 28 founders representing the region’s most promising impact-driven businesses. The Access Abu Dhabi is open to all US businesses and includes various support to ...

ABU DHABI / WAM By the end of 2022, global renewable generation capacity amounted to 3372 gigawatt (GW), growing the stock of renewable power by 295 GW or 9.6 percent, according to Renewable Capacity Statistics 2023, released by the Abu Dhabi-headquartered International Renewable Energy Agency (Irena). An impressive 83 percent of all power capacity added last year was produced by ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with Klaus Iohannis, President of Romania, who is on an official visit to the UAE, on Tuesday. During the meeting, the two leaders discussed bilateral relations and ways to further enhance relations between the UAE and ...

RAS AL KHAIMAH / WAM His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received at his rest-house in Jebel Jais, HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, who was accompanied by HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, on Tuesday. ...