Monday , 8 June 2026

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DMCC unveils targeted business acceleration initiatives for firms

DUBAI / WAM DMCC, the leading international business district that drives the flow of global trade through Dubai, has unveiled a targeted acceleration initiative designed to reduce operating costs, improve cash flow and sustain growth across its community of more than 26,000 companies. The initiative comes as businesses navigate shifting global market conditions, with DMCC introducing a suite of financial …

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Abdullah bin Zayed receives IAEA Director General

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has received Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA). During the meeting, held in Abu Dhabi, the two sides discussed the repercussions of the unprovoked terrorist attacks carried out by Iran against civilian sites and facilities in …

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UAE leaders congratulate President of Italy on Republic Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Sergio Mattarella of Italy on the occasion of his country’s Republic Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice …

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UAE President pays tribute to pioneering UAE educator Dr Mahmoud Al Qaisiya

ABU DHABI / GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to social media platform X, formerly Twitter, to pay tribute to pioneering UAE educator Dr Mahmoud Al Qaisiya on Tuesday. His Highness Sheikh Mohamed wrote, “I extend my sincere condolences to the family of Dr Mahmoud Al Qaisiya, who played a key role as …

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AD Ports acquires Brazil’s port terminal operator CLI for AED 3b

ABU DHABI/WAM AD Ports Group on Tuesday acquired Corredor Logística e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator, entering the South American market with a strategically major expansion transaction. São Paulo-based CLI operates two of Brazil’s most important agri-bulk export terminals under long-term concessions: CLI Sul, Brazil’s leading sugar export terminal and key export terminal for corn and …

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House of Wisdom explores movement of knowledge across civilisations at Warsaw Book Fair

WARSAW/WAM House of Wisdom (HoW) concluded its participation in the fifth Warsaw International Book Fair 2026 with a cultural and knowledge programme featuring rare scientific manuscripts, intellectual discussions, and institutional engagements that explored how ideas and discoveries have travelled across cultures for centuries. Participating as part of Sharjah’s Guest of Honour delegation, HoW showcased the role of translation, scholarship and …

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Trade MEPs back EU–US deal

BRUSSELS / WAM Members of the European Parliament’s trade committee approved the EU-US trade deal, paving the way for its final adoption in June, despite some MEPs’ concerns over US President Donald Trump’s coercive approach. Lawmakers on the European Parliament’s Committee on International Trade on Tuesday approved legislation eliminating EU duties on most US industrial goods, paving the way for …

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Gold edges higher on easing Treasury yields

WORLD CAPITALS / WAM Gold edged higher on Tuesday, supported by lower Treasury ‌yields. Spot gold rose 0.5 percent to $4,507.56 per ounce by 0420 ​GMT. US gold futures for August delivery gained 0.7 percent to $4,538. Among other metals, spot silver rose 0.9 percent to $75.49 per ounce, platinum gained 1.3 percent to $1,947.95 and palladium inched 0.3 percent …

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RAK Ruler receives outgoing Maltese Ambassador

RAS AL KHAIMAH / WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received Maria Camilleri Calleja, Ambassador of the Republic of Malta to the UAE, at his palace in Saqr bin Mohammed City, who paid a courtesy visit to mark the end of her tenure in the country. H.H. affirmed …

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Positron AI establishes first presence outside US in DIFC to drive next-generation AI inference

DUBAI/WAM  Positron AI ​​Ltd, a US-based developer of next-generation specialised AI inference infrastructure, has established its ​first ​presence outside the United States in the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia region. The DIFC licence marks a key milestone in Positron’s regional expansion. The company has raised more than …

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