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  Dubai The Le Fonti Awards held on Thursday night at The Palace in Downtown Dubai at an international ceremony attended by prominent business leaders from around the globe. The annual awards seek to honor the highest levels of business excellence and are acclaimed across the industry as a true mark of quality. At the ceremony, Multibank Group was honored ...

  Abu Dhabi / Gulf Time After its recent phase launch earlier this week, Reem Hills, developed by Q Properties, announces that all available homes in the newly launched phase of the new AED8 billion gated community on Abu Dhabi’s Al Reem Island have been sold out. The phase includes five clusters of luxury residential units, ranging from spacious 3-bedroom ...

LATAKIA / WAM The Emirates Red Crescent (ERC) is continuing its distribution of humanitarian aid to those affected by the earthquake in Syria. The Emirati philanthropic organisation has intensified its relief efforts to reduce the humanitarian impact of the disaster on the lives of the local population and to alleviate their suffering under extremely difficult conditions, as part of Operation ...

  Abu Dhabi / WAM HH Sheikh Hamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, on Monday inaugurated the 7th Naval Defence and Maritime Security Exhibition (Navdex) at the Abu Dhabi National Exhibition Centre, coinciding with the16th edition of the International Defence Exhibition and Conference (Idex). During his visit, HH Sheikh Hamed toured several national and foreign ...

Abu Dhabi / WAM The “Business Activity Report” for the year 2022, issued by the Abu Dhabi Business Centre, part of the Abu Dhabi Department of Economic Development (Added), has reported growth of major indicators, reflecting resilience and vitality of the business sector despite challenges in the global economy. The report also showed a high level of adherence to regulations ...

  Dubai / WAM Emirates Airlines has announced plans to build a state-of-the-art training facility in Dubai to cater to its upcoming Airbus A350 and Boeing 777X aircraft. The new 63,318 sq. ft. facility will house six Full Flight Simulator Bays (FFS) and is expected to open in March 2024. HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief ...

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and Zand Bank PJSC, the UAE’s first all-digital bank licenced by the UAE central bank, signed a memorandum of understanding (MoU) to support UAE SMEs and provide preferential banking services. The agreement will focus on providing preferential banking services including efficient bank account ...

Abu Dhabi / WAM Tawazun Council, the independent government entity that works closely with the Ministry of Defence and security agencies to maximise value through acquisition systems, announced signing of 11 deals with local and international companies on day one of the International Defence Exhibition (Idex) and the Naval Defence Exhibition (Navdex) 2023, cumulatively worth AED4.5 billion. Zayed Saeed Al ...

Dubai / WAM Dubai International Financial Centre (DIFC) continued to grow at a record-breaking pace in 2022 with the number of active registered companies rising 20 percent from 3,644 in 2021 to 4,377 in 2022. New companies registered in DIFC in 2022 surpassed the annual milestone of 1,000 for the first time in the centre’s history with 2022 seeing a ...

  Abu Dhabi / WAM Edge group on Monday signed a major €1 billion ($1.07 billion) milestone contract which will see leading shipbuilder Abu Dhabi Ship Building (ADSB) build a fleet of best-in-class 71-metre corvettes for the Angolan Navy. The BR71 MKII corvette is a highly sophisticated vessel fitted with advanced mission systems, including a 3D radar, electronic warfare suite, ...