Dubai / WAM Awqaf and Minors Affairs Foundation (AMAF) inaugurated its new endowment residential project in Al Warqaa area in Dubai, funded by the endowment of the late Emirati philanthropist Hamel bin Khadem Al Ghaith Al Qubaisi. The Foundation will use the proceeds to finance its Family Village that provides shelter, education, psychological and healthcare support to orphans in a …

  Dubai / WAM National Media Council (NMC) announced a series of events to support the ‘National Reading Strategy’, which is scheduled to go on until the year 2026. This is in tune with the Council’s strategic role as a federal authority mandated to support national events in terms of media and content. The NMC’s mandate includes setting media policies that …

  Bloomberg Costco Wholesale Corp. fell the most in almost 15 months after posting disappointing quarterly earnings, a sign its warehouse-club model may be less durable than expected in a shaky retail economy. Earnings were $1.17 a share in the fiscal second quarter, the Issaquah, Washington-based company said. Analysts had predicted $1.36 a share, according to data compiled by Bloomberg. …