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ICIEC achieved $13bn in business insured in 2024

ALGIERS / WAM The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, today announced that its Board of Governors has formally approved the Annual Report and Audited Financial Statements for the year 2024 during the IsDB Group’s 2025 Annual Meetings in Algiers. The 2024 report ...

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IRTHI champions Emirati excellence during MIDW

SHARJAH / WAM Bridging Emirati heritage with global design innovation, the Irthi Contemporary Crafts Council (IRTHI) proved to be a pillar of cultural dialogue and artisanal excellence at the Moscow Interior and Design Week 2025 (MIDW), which was held from May 22 to 25, 2025. Within the renowned Manezh Central Exhibition Hall in Moscow, IRTHI’s participation underscored its mission to ...

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RAKEZ strengthens UAE–Italy investment dialogue during Milan business mission

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (RAKEZ) successfully led a business mission to Milan, reaffirming its role as a bridge between global markets and the UAE. As part of the mission, RAKEZ hosted an exclusive business breakfast with senior Italian industry leaders and took part in the third edition of Investopia Europe, contributing to high-level discussions ...

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Sanad, GE Aerospace sign MoU to shape future of UAE’s aerospace talent

ABU DHABI / WAM Sanad, a leader in aerospace engineering and leasing solutions wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company, has signed a Memorandum of Understanding (MoU) with GE Aerospace, a world-leading provider of jet engines, components and systems for commercial and military aircraft, at the “Make it in the Emirates” held in Abu Dhabi. The agreement ...

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Abu Dhabi Chamber reinforces pioneering role in shaping Future of Industry at MIITE

ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry’s pavilion at the “Make it in the Emirates”, which concluded on Thursday, showcased its role in translating Abu Dhabi’s industrial ambitions into tangible outcomes that boost economic performance indicators, in line with the objectives of the National Strategy for Industry and Advanced Technology’s Operation 300 Billion. The ADCCI ...

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Ajman concludes first participation at IMEX Frankfurt with remarkable success, promising strategic partnerships

AJMAN / WAM The Ajman Department of Tourism Development (ATDD) has successfully concluded its debut participation at IMEX Frankfurt, one of the world’s leading exhibitions specialized in the Meetings, Incentives, Conferences, and Exhibitions (MICE) industry. The event witnessed significant engagement and interest from global participants and decision-makers in the business tourism sector. This participation is part of the department’s ongoing ...

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FancyTech Celebrates Global Retail Excellence with Inaugural A&M Awards 2025

DUBAI / GULF TIME FancyTech A&M (Advertising & Marketing) Awards, is pleased to announce the winners, celebrating brands and partners who have demonstrated outstanding creativity, brand relevance, and innovation in retail marketing. The awards ceremony took place at JW Marriott Hotel Marina, Dubai, gathering more than 40 nominated brands and industry experts from across MENA and key international markets. The ...

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UAE participates in meeting of GCC Housing Ministers in Kuwait

KUWAIT / WAM Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, led the UAE delegation participating in the 23rd meeting of GCC Housing Ministers, held in Kuwait. During his participation, Al Mazrouei emphasised the UAE leadership’s commitment to supporting and strengthening joint Gulf cooperation, particularly in the housing sector, considering it a fundamental pillar for achieving social stability and ...

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Talal Market Opens 5th Outlet in Musaffah, Abu Dhabi

ABU DHABI / GULF TIME Talal Market, one of the fastest-growing retail chains in the UAE, proudly inaugurated its 5th outlet in the Musaffah region of Abu Dhabi yesterday. This new opening marks a significant milestone as the group now celebrates a total of 85 outlets across the nation. The grand opening ceremony was attended by key officials of Talal ...

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