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ABU DHABI/WAM Lulu Retail on Thursday announced its financial results for the three-month and nine-month periods ended September 30 2024 in its first financial update since its record IPO on ADX. The company delivered robust revenue growth in Q3 2024, reaching $1.86 billion, up 6.1% YoY. In a press release on Thursday, Lulu said that the strong sales performance was ...

ABU DHABI/WAM HH Sheikh Theyab bin Mohamed bin Zayed, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs and Chairman of the International Philanthropic and Humanitarian Council, received Bill Gates, Chair of the Bill & Melinda Gates Foundation, during a visit to the UAE. The meeting was attended by Mariam Almheiri, Head of the International Affairs Office ...

ABU DHABI/WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, discussed a number of regional issues of mutual interest during a telephone call with Antony Blinken, US Secretary of State. The two top diplomats reviewed developments in the Middle East and international efforts to achieve a sustainable ceasefire, aiming to safeguard civilian lives ...

SHARJAH/WAM His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree establishing the Dibba Al Hisn Suburb Council in Dibba Al Hisn. According to the decree, the council will be chaired by Dr Salah Obaid Al Ghoul Al Salami, with the following members: Rashid Ahmed Rashid Khassaw Al Naqbi Ahmed ...

DOHA/WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, headed the UAE delegation participating in the 41st GCC Interior Ministers’ Meeting, which took place in Doha, Qatar. The meeting agenda included discussions on initiatives to enhance cooperation and coordination for regional security, as well as technical reports and specialised topics presented ...

DUBAI/WAM The Central Bank of the UAE (CBUAE) has announced the launch of the “Innovation Hub” at the Emirates Institute of Finance, a world-class centre for research, innovation, and development in the financial services sector. The initiative aligns with the UAE’s sustainable vision to promote technological transformation and develop specialised national competencies in financial innovation. The opening ceremony at the ...

DUBAI / WAM Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has enacted amendments to DIFC Law on the Application of Civil and Commercial Laws in DIFC (the “Application Law”). The amendments provide statutory certainty to the source of DIFC Law and how it may be interpreted. In ...

ABU DHABI / WAM M42, a global health leader powered by technology, continues to pioneer artificial intelligence (AI) and genomics-driven medical and clinical solutions as part of its mission to revolutionise health in the UAE and globally. The largest healthcare company in the Middle East will showcase the unparalleled spectrum of diagnostic capabilities at the ADLM Middle East Conference and ...

DUBAI/WAM Dr Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, unveiled the MAC (Mangrove Alliance for Climate) Strategy 2031 at the second ministerial meeting of the MAC taking place on the sidelines of COP29 in Baku, Azerbaijan on November 21. Al Dahak co-chaired the ministerial meeting with Nani Hendiarti, Deputy Minister of Coordinating Ministry for Food Affairs ...

KAMPALA/WAM The United Arab Emirates has provided 30,000 relief food packages to support Sudanese refugees in the Kiryandongo Refugee Camp in Uganda. This step, which aims to assist 100,000 people, is part of the second phase of the UAE humanitarian aid to Sudanese refugees, which was launched in April 2024. Abdalla Hassan Al Shamsi, UAE Ambassador to Uganda, along with ...