DUBAI/WAM Ajman Bank P.J.S.C., the first Islamic Bank incorporated and headquartered in the Emirate of Ajman, successfully priced a US$500 million 5-year Sukuk at a credit spread of 130 basis points over the United States treasury rate, which equates to a fixed profit rate of 5.125% per annum. The transaction garnered a high-quality orderbook peaking over US$2.7bn, representing a 5.4x ...

DUBAI/WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Board of Trustees of the Dubai Future Foundation, launched the Dubai AI Academy, a major new initiative aimed at mainstreaming artificial intelligence (AI) education and advancing its adoption across vital sectors of the economy. The launch ...

DUBAI/WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Board of Trustees of the Dubai Future Foundation, reaffirmed Dubai’s commitment to accelerating AI adoption to unlock new opportunities and consolidate its position as a global hub for AI enterprises, talent and innovation. His remarks came ...

AL AIN/WAM H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al Ain Region, has attended a wedding reception held in celebration of the marriage of Saeed Abdullah Saeed Jerwan Al Shamsi to the daughter of Nasser Thaloub Salem Al Darai; Hazza Abdullah Saeed Jerwan Al Shamsi to the daughter of Sultan Mohammed bin Yarwan Al Neyadi; Saif Mubarak ...

DUBAI / WAM The UAE in 2026 will bring together the greatest minds from the worlds of academia, business, technology, philosophy, art and science to set the path forward for the development of Artificial Intelligence over the next 70 years, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and ...

RAS AL KHAIMAH/WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, along with H.H. Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah, on Friday performed the funeral prayer over the body of Sheikha Moza bint Abdullah Al Habsi. Sheikha Moza was the wife of the late ...

SHARJAH/GULF TIME Arakkal Gold and Diamonds, renowned for its heritage, exquisite craftsmanship, and commitment to customer trust, is poised to unveil its largest and innovative showroom at Safari Mall, Sharjah, on April 27th, 2025. This grand opening marks a significant milestone in Arakkal’s journey as a global luxury jewellery brand, seamlessly blending tradition with innovation to deliver an elevated customer ...

GULF TIME Milano by Danube, the leading brand renowned for bath and home solutions, is making a powerful impact at the 137th Canton Fair, taking place during Phase 2, from April 23 to 27, 2025, in Guangzhou, China. As a flagship brand of the Danube Group, Milano is showcasing its advanced water heaters—highlighting its leadership in innovation and quality within ...

ABU DHABI/GULF TIME In response to the growing demand for flexible and meaningful gifting solutions, Dalma Mall proudly introduces its exclusive Prepaid Gift Card—a seamless, convenient, and rewarding way to gift, offering recipients the freedom to choose from an extensive selection of fashion, dining, entertainment, and retail experiences within the mall. Whether for birthdays, anniversaries, festive celebrations, or corporate rewards, ...

ABU DHABI/WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, received Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, accompanied by members of the Riyada Development Programme team in Al Dhafra at Al Nakheel Palace in Abu Dhabi. During the meeting, H.H. Sheikh Hamdan bin Zayed was briefed on the outcomes of the ...