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UAE central bank revokes licence, registration of Smart and Secure

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) has revoked the licence of Smart and Secure Insurance Agent (Smart and Secure), an insurance agent operating in the UAE, and struck its name off the Register, pursuant to Article 20 of the Resolution No 08 of 2011 concerning the Regulation of Insurance Agents Business. The CBUAE has imposed ...

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UAE Banks Federation organises ‘Cyber Wargaming 2024’ event

ABU DHABI / WAM Under the supervision of Central Bank of the UAE and the UAE Government’s Cyber Security Council, UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, organised the third edition of the “Cyber Wargaming 2024” as part of its efforts and initiatives to develop the banking sector further. The event aims to protect ...

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WDS 2024 sees strong presence of Emirati firms

ABU DHABI / WAM In its participation at the 2nd edition of the World Defence Show 2024 (WDS), one of the most prominent and specialised exhibitions in the defence sector that commenced in Riyadh, the UAE National Pavilion is making a strong presence through a large platform of UAE-made products and services. This year’s edition, themed “Equipped For Tomorrow”, boasts ...

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WGS hosts 15 global forums to explore future transformations

DUBAI / WAM The upcoming edition of the World Governments Summit (WGS), to be held in Dubai from February 12-14, is poised to be a significant event with a rich agenda under the theme “Shaping Future Governments”. The WGS will focus on shaping a better future for humanity and will highlight six main themes and 15 global forums exploring major ...

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SEC reviews Sharjah Municipality’s achievements in 2023

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council (SEC), chaired, on Tuesday, the SEC’s meeting, held at the Sharjah Ruler’s Office, in the presence of HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the ...

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Ghitha announces expansion with MNG Airlines acquisition

ABU DHABI / WAM Ghitha Holding PJSC (ADX: Ghitha), a subsidiary of Abu Dhabi-based conglomerate International Holding Company (ADX: IHC), announced a significant milestone in its growth strategy by expanding within the logistics and aviation sector. Through its wholly-owned indirect subsidiary, Ghitha Aeroinvest Holding RSC LTD, the company entered into a Share Purchase Agreement (SPA) dated as of February 1 ...

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UAE leaders congratulate Governor-General of New Zealand on National Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Governor-General of New Zealand Cindy Kiro on the occasion of her country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin ...

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UAE, Russian Presidents discuss bilateral relations; regional and global developments

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone today to His Excellency Vladimir Putin, President of the Russian Federation, to discuss bilateral relations and opportunities to further strengthen UAE-Russia ties. During the call, the Russian President expressed his gratitude to His Highness for the UAE’s successful mediation efforts regarding the recent prisoner exchange ...

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SAIF Zone attracts Korea’s Heesung PMTech Middle East

SHARJAH / WAM Adding another feather to its cap and further solidifying Sharjah’s reputation as a preferred destination for specialised global enterprises, the Sharjah Airport International Freezone (SAIF Zone) successfully attracted Heesung PMTech Middle East, a Korean company specialising in platinum group metals (PGM) recycling. The company has established a state-of-the-art refinery covering 6,500 square feet within the Free Zone, ...

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Hamdan bin Mohammed attends ceremony showcasing design of Hamdan Bin Rashid Cancer Hospital

DUBAI/ WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, attended a ceremony unveiling the design of the Hamdan Bin Rashid Cancer Hospital, part of Dubai Health. Set to be Dubai’s first integrated, comprehensive cancer hospital, the event also announced the hospital’s groundbreaking model of care. Marking a significant ...

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