ABU DHABI / WAM Under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, inaugurated the 6th session of the UMEX and SimTEX exhibitions (2024). The exhibitions will run from 23 till 25 January, with participation of 214 companies from ...
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On behalf of UAE President, Shakhboot bin Nahyan heads delegation to Third South Summit of the Group of 77 and China in Uganda
KAMPALA / WAM On behalf of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, headed the UAE delegation to the Third South Summit of the Group of 77 and China, which was inaugurated by Yoweri Museveni, President of the Republic of Uganda. The summit, under the theme ‘Leaving No One ...
Read More »ADIB net profit jumps 45% to AED5.25 bn in 2023
ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB) reported a growth in net profit of 45 percent for 2023 to AED5.25 billion from AED3.62 billion in 2022, reflecting a consistent trend of strong growth. Net profit for Q4 2023 reached AED1.5 billion with 29 percent growth versus Q4 2022. In a statement ADIB stated that revenue for 2023 improved by ...
Read More »Khaled bin Mohamed bin Zayed visits Al Hosn Festival
ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has visited Al Hosn Festival, organised by the Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi) from January 19-28 at the historic Al Hosn site. During the visit, His Highness toured handicraft ...
Read More »Dubai continues its economic surge with 3.3 percent GDP growth in Jan-Sep 2023
DUBAI / WAM Dubai has registered a 3.3 percent rise in the real gross domestic product (GDP) in the first nine months of 2023, further demonstrating its economic strength, resilience and robust growth potential. The achievement reflects the city’s sustainable development strategies and its continued dynamism as a leading global economic powerhouse. From bustling tourism hubs to tech-powered communications networks, ...
Read More »Over 7,800 companies join Rakez’s business community in 2023
RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) registered over 7,800 new companies in its thriving business community in 2023, representing 86 percent increase in new registrations compared to the previous year, further underscoring Rakez’s enduring appeal as the go-to destination for entrepreneurial success Reflecting on this economic expansion, Ramy Jallad, Rakez Group CEO, stated, “The latest ...
Read More »ADGM, Mastercard to empower UAE’s dynamic SME community
ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and Mastercard have announced a collaboration to fuel the growth of the booming small and medium enterprise (SME) sector in Abu Dhabi and the wider UAE by digitalising SME payment flows. The partnership will empower SMEs to meet their growth potential through Mastercard’s technologies and resources. Under the collaboration, Mastercard and ...
Read More »Under the patronage of Sheikh Theyab, WED Innovation Lab launches in Abu Dhabi
ABU DHABI / WAM Under the patronage of HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Office of Development and Martyrs Families Affairs at the Presidential Court, and Chairman of the Abu Dhabi Early Childhood Authority (ECA), the WED Innovation Lab activities kicked off today in Abu Dhabi. The initiative is a milestone activity that reflects ...
Read More »Under patronage of Sheikh Hazza, 6th edition of UMEX and SimTEX kicks off in Abu Dhabi
ABU DHABI / WAM Held under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, the sixth edition of Unmanned Systems Exhibition (UMEX) and the Simulation Training Exhibition (SimTEX) Conference has kicked off today at the Abu Dhabi National Exhibition Centre (Adnec). Organised by Adnec Group and Ministry of Defence, with Edge Group as ...
Read More »Mohammed bin Rashid visits ‘World of Coffee 2024’ exhibition
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday visited the third edition of the World of Coffee 2024 exhibition being held at the Dubai World Trade Centre until January 23. During the visit, His Highness said that Dubai continues to consolidate its status as ...
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