ABU DHABI/WAM Dr Omar Habtoor Al Darei, Chairman of the General Authority of Islamic Affairs, Endowments and Zakat, conveyed the condolences and sympathy of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to His Eminence Dr Ahmed El-Tayeb, the Grand Imam of Al-Azhar and Chairman of the Muslim Council of Elders, on the passing of his elder sister. …

DUBAI / GULF TIME Dubai Taxi Company PJSC (DTC), reinforcing its position as Dubai’s largest taxi operator, has acquired another 250 new license plates for its taxi fleet in the recent auction by the Dubai Roads and Transport Authority (RTA), bringing its total taxi fleet to 6,210 vehicles. This expansion is set to generate additional annual revenues of approximately AED …

ABU DHABI / WAM Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer, successfully commenced trading on the Abu Dhabi Securities Exchange (ADX) on Thrusday following its Initial Public Offering (IPO) and trading under the ticker “LULU”. Lulu’s IPO raised gross proceeds of AED 6.32 billion (around $1.72 billion) making it the largest offering in the UAE in …