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Citi Developers Sponsors UFC 308: TOPURIA vs. HOLLOWAY Elevating Experiences for Clients and Fans Alike

ABU DHABI / GULF TIME Citi Developers, a leading real estate development company with a history of creating iconic projects, is thrilled to announce its sponsorship of UFC 308: TOPURIA vs. HOLLOWAY taking place on October 26, 2024 at Etihad Arena in Abu Dhabi. This partnership marks another exciting chapter in Citi Developers’ commitment to offering unique, unforgettable experiences for ...

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Rakez strengthens business cooperation with Canada

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) continues to build on its position as a premier destination for global investment, following a successful week-long roadshow across Canada. The initiative engaged Canadian businesses, showcasing the wide range of investment opportunities and strategic advantages that make Ras Al Khaimah a leading gateway for business expansion into the Middle ...

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Adnec Group signs pacts to acquire ‘Royal Catering’

ABU DHABI / WAM Adnec Group, a 100% owned subsidiary of Modon Holding, on Monday announced that it has signed definitive agreements for the acquisition of 100 percent of the share capital of Royal Catering Services LLC, an Abu Dhabi-based catering service provider. Royal Catering has over 2,500 employees and a production capacity of more than 50,000 meals daily. Serving ...

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UAE officials assert commitment to clean energy transition on World Energy Day

DUBAI / WAM Energy sector leaders and officials in the UAE emphasised that World Energy Day serves as a call for collective action and global cooperation, while also providing an opportunity to celebrate the nation’s achievements in the energy sector. The remarks were part of a press statement released by the Dubai Electricity and Water Authority (DEWA) in recognition of ...

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UAE participates in WBG, IMF annual meetings in Washington

ABU DHABI / WAM The UAE is participating in 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington, DC, from October 21 to 26 2024. Represented by the Ministry of Finance, the UAE delegation will be led by Mohamed bin Hadi Al Hussaini, Minister of State for Finance. The delegation also includes ...

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Lulu Retail announces intention to float on ADX

ABU DHABI / WAM Lulu Retail Holdings PLC on Monday announced its intention to proceed with an Initial Public Offering (IPO) and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX). In a press release on Monday, the company said that a total of 2,582,226,338 ordinary shares, each with a nominal value of $0.014 (which is ...

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Saqr Ghobash meets with UAE-Italy Friendship Group

ROME / WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), has met with the UAE-Italy Friendship Group chaired by Salvatore Caiata, and discussed ways to strengthen parliamentary cooperation between the FNC and the Italian Parliament, including coordination on issues of mutual interest. During the meeting at the Italian Parliament, both sides emphasised their shared alignment on crucial international ...

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UAE President attends special dinner hosted by Russian President in his honour

MOSCOW / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan attended a special dinner hosted in his honour by His Excellency Vladimir Putin, President of the Russian Federation, at the latter’s official residence. During the meeting, both sides engaged in friendly conversation. His Highness thanked His Excellency President Putin for his ongoing commitment to strengthening UAE-Russian relations ...

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