News

  New York / WAM The Permanent Mission of the United Arab Emirates to the UN hosted the UN Department of Political and Peacebuilding Affairs (UN DPPA) training on Women, Peace and Security (WPS). The programme is an annual event for UN DPPA staff that aims to raise participants’ understanding of the gendered impacts of conflict and to equip them ...

Dubai / WAM Figures released by Dubai Customs showed that Hatta Customs Centre has completed 87.4 thousand transactions and made 538 seizures in 2022. The centre dealt with 78.6 thousand cargo trucks and 587 thousand vehicles last year. During his morning tour to the Hatta Border Crossing, Ahmed Mahboob Musabih, Director-General of Dubai Customs, CEO of Ports, Customs and Free ...

Abu Dhabi / Gulf Time The loader “Nimran”, owned by Al Nokhatha Majed Ahmed Abdullah Al Marzouqi, was crowned champion of Adnoc 22-foot sailing race, organised by Abu Dhabi Marine Sports Club on Saturday. The race witnessed the remarkable participation of sailing loaders from various emirates. The champion loader won 30 thousand dirhams as first place prize. The race, which ...

Bloomberg India proposed a lower-than-expected market borrowing program, as part of a plan that sought to bridge its budget deficit by boosting reliance on the nation’s small savings pool. The decision triggered the biggest drop in the benchmark 10-year bond yields in over two months. Bonds have since pared their gains, with the budget math increasingly looking daunting as commercial ...

  Bloomberg Advanced Info Service Pcl (AIS), Thailand’s biggest telecommunications group, is considering options for its tower business including a stake sale, according to people familiar with the matter. The Bangkok-listed company has held talks with potential advisers for a strategic review for the assets, the people said, asking not to be identified because the matter is private. Another option ...

  Bloomberg The UK expects to reach a free trade deal with India and to enter the Trans-Pacific Partnership agreement in 2023, Business and Trade Secretary Kemi Badenoch said. Badenoch visited India in December in an effort to move forward with the deal, which aims to cut tariffs and open opportunities for UK services to operate in India. The UK ...

  Bloomberg Moody’s Investors Service cut its outlook for Adani Green Energy Ltd and three other companies backed by Indian tycoon Gautam Adani, citing the plunge in the conglomerate’s stock market value in the wake of criticisms in a short-seller report. Referring to factors such as concern over the impact of any big jump in funding costs, the agency lowered ...

  Bloomberg SoftBank Group Corp is considering selling its stake in the holding company of Raine Group, the merchant bank that’s advised on some of the Japanese company’s biggest deals, people familiar with the matter said. The potential stake sale would fit into SoftBank’s retrenchment from a deal-hungry technology conglomerate to one more focused on smaller investments, according to the ...

  Dubai / Gulf Time InstaRunway.com, GCC’S newest e-commerce platform, hosted a vibrant and fun Galentine’s event in Dubai for its exclusive VIP women customers amidst the backdrop of the Dubai Skyline. The event also offered a sneak peek to the latest collections of their portfolio of internationally renowned brands like SJP by Sarah Jessica Parker, Furla, Olivia Burton London ...

Dubai / Gulf Time Nest Finders celebrated a series of successes in a big evening held by the company at the Queen Elizabeth Hotel in Dubai. Khaled Yaghmour, General Manager of the company, honoured the company’s employees who achieved the highest sales for the past year 2022. On this occasion, Khaled Yaghmour said, the company has achieved great successes in ...