News

DUBAI / WAM The Mohammed bin Rashid Space Centre (MBRSC) has announced the launch of “A Call With Space,” an exclusive event featuring Emirati astronaut Sultan AlNeyadi, which will be held across the UAE. As part of the roadshow, the public will have the opportunity to interact live with Sultan, who is currently on the International Space Station (ISS) undertaking ...

DUBAI / GULF TIME Curious minds and aspiring creators are in for a treat this Spring break with the launch of OliOli’s New Atelier – a maker space designed for tinkering, where kids can explore the concepts of electricity, light, motion and balance to build meaningful artefacts that engage both their hands and minds! Future engineers, scientists, architects and artists ...

ABU DHABI / GULF TIME The British Veterinary Centre recently performed crucial surgery on a Pomeranian puppy who was diagnosed with Patent Ductus Arteriosus (PDA). PDA is a condition in which a small opening persists between the two main blood vessels leaving the heart, namely the aorta and the pulmonary artery. The surgery was performed to save the puppy’s life, ...

DUBAI / GULF TIME With an impressive retail network of over 305 outlets across 10 countries, Malabar Gold & Diamonds, currently ranked as the 6th largest jewellery retailer in the world, is all set to celebrate Arab Mother’s Day, which falls on the March 21. To commemorate the occasion, the brand has unveiled a special collection of jewellery in 18K ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed the provision of $3 million to support the reconstruction of the Palestinian town of Huwara and assist those affected by recent events. The initiative will be implemented by the Abu Dhabi Department of Municipalities and Transport (DMT), in cooperation with the Emirati-Palestinian Friendship Club, as ...

DUBAI / WAM Al Ansari Financial Services on Thursday announced the offer price range per share and the start of the subscription period for its Initial Public Offering (IPO) on the Dubai Financial Market (DFM). The price range for the global offering has been set at between AED1.00 and AED1.03 per share, implying a market capitalisation at a listing of ...

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) announced that its shareholders approved a new dividend policy for 2023–2025 based on a combination of fixed and variable dividends. Under the new policy, the company expects to pay a fixed dividend per share, derived from its utilities earnings, of 3.25 fils in 2023, 3.50 fils in 2024 and 3.75 ...

ABU DHABI / WAM Adnoc Distribution, the UAE’s largest fuel and convenience retailer, announced on Thursday that its shareholders have approved all agenda items, including an amendment to its 2023 dividend policy at its Annual General Assembly Meeting. The company’s strong 2022 results, with robust and continued growth, have enabled the setting of an attractive dividend policy with a minimum ...

DUBAI / WAM DP World Limited has announced strong financial results for the year ended on December 31 2022. On a reported basis, revenue grew 58.9% to AED62,89 billion ($17,127 million). The Earnings Before Interest, Taxes, Depreciation, and Amortisation (Ebitda) grew 31% to AED18,41 billion ($5,014 million) with adjusted Ebitda margin of 29.3%. In a statement to Emirates News Agency ...

ABU DHABI / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, held its first Board of Directors meeting in 2023, chaired by Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Board at the company’s headquarters in Dubai. The meeting discussed broader alignment to the initiatives outlined under the “We in the UAE 2031” ...