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SHARJAH / WAM With its annual membership packages, the House of Wisdom (HoW) created a new opportunity for the UAE community to read, play, work and be entertained throughout the year, enjoying uninterrupted access to world-class sources of knowledge and spaces to bring their imaginations to life. Members will have access to the entire collection of HoW’s world-class physical and ...

DUBAI / IBRAHIM ELDESOUKIE Foodco National Foodstuff, one of the leading local food companies, has won the prestigious “Product of the Year” award in two categories in the United Arab Emirates (UAE) for 2023. The company’s brand Shehrazade won the award for the best rice product for the third time in a row, while Virginia — Tuna Salad won the ...

DUBAI / GULF TIME Under the patronage and presence of His Highness Sheikh Maktoum Bin Saeed Al Maktoum, Dubai witnessed a wonderful legend, A thousand nights & night was written with the most beautiful harmony of love and creativity together for the world of luxury jewellery and rare antiques, between the largest name in the world of precious gemstones “Novi ...

LATAKIA / WAM Eng Amer Ismail Hilal, Governor of Latakia, lauded the UAE’s significant efforts to rescue those affected by the earthquake that hit several cities in Syria, including Latakia. The UAE has supported the Syrian people since the quake first struck the country, Hilal said in a statement to the Emirates News Agency (WAM), noting that the support of ...

ABU DHABI / GULF TIME Abu Dhabi Securities Exchange (ADX) continues to expand its custodial services offering by the new appointment of Emirates NBD Capital as a custodian. Emirates NBD Capital obtained its custody license from the UAE Securities and Commodities Authority (SCA). Emirates NBD Capital is the global investment banking arm of Emirates NBD, a leading banking group in ...

BLOOMBERG  Oil pared its weekly advance, with prices erasing early gains as renewed concerns over financial sector stability buoyed the dollar, making commodities priced in the US currency less attractive. West Texas Intermediate slumped below $70 a barrel after the dollar’s jump on a broader decline in risk appetite. The US crude benchmark has advanced by less than $3 a ...

ABU DHABI / WAM Al Ansari Financial Services on Friday announced that following the approval from the Securities and Exchange Authority (SCA), Al Ansari Holding LLC (selling shareholder) has exercised its right to increase the number of shares offering in the UAE retail offer of the group’s initial public offering to 56,250,000 ordinary shares from 37,500,000 ordinary shares. In a ...

NEW YORK / WAM The governments of eleven countries, namely the UAE, the United States (US), Egypt, France, Germany, Jordan, Norway, Qatar, Saudi Arabia, Türkiye, and the United Kingdom (UK), along with the European Union (EU), and the League of Arab States, have issued a joint statement expressing their steadfast commitment to alleviate the suffering of people who were affected ...

DUBAI / WAM DP World and Delhi Capitals have announced a long-term partnership on Friday, where DP World, a leading provider of end-to-end logistics, has become the Global Logistics Partner of the renowned cricket franchise. The new partnership, unveiled at the Leela Palace Hotel in New Delhi, is a multi-year deal that will prominently feature DP World’s logo on the ...

ABU DHABI / WAM Encompassing three separate houses of worship — a mosque, a church, and a synagogue — the Abrahamic Family House began welcoming visitors from March 1. Located in the Saadiyat Cultural District in Abu Dhabi, the Abrahamic Family House is rooted in the UAE’s values of bringing people and cultures together. The site has already become an ...