Recent Posts

Adio names HSBC as preferred int’l banking partner in Asia

ABU DHABI / WAM The Abu Dhabi Investment Office (ADIO) has announced HSBC Bank Middle East in the UAE as their preferred international banking partner in Asia. Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), and Abdulfattah Sharaf, Chairman of the Board of HSBC Bank Middle East Limited, witnessed the signing ceremony of the ...

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Chaired by Mohammed bin Rashid, UAE Cabinet approves federal budget for fiscal year 2025 totaling AED71.5b in expenditures

ABU DHABI / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the Union General Budget Plan for the fiscal year 2025. The budget totals AED71.5 billion in revenues and AED71.5 billion in estimated expenditures, maintaining a balanced approach between income ...

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Ittihad International Investment receives provisional ‘AAA’ ESG Rating from MSCI

ABU DHABI / GULF TIME Ittihad International Investment LLC, a leading diversified investment conglomerate with a portfolio across four verticals, has received a provisional ‘AAA’ ESG rating from MSCI. This highest rating positions the Company among the most sustainable industrial conglomerates, regionally and globally. Ittihad’s portfolio spans four key verticals: Consumer Goods Manufacturing, including paper and tissue production, as well ...

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