SHARJAH/WAM United Arab Bank PJSC on Thursday held its annual general assembly meeting at its headquarters in the emirate of Sharjah. The meeting was chaired by Sheikh Mohammed bin Faisal bin Sultan Al Qasimi, Chairman of the Board of Directors, and attended by members of the Board of Directors, shareholders, senior management, external auditors, and representatives of regulatory authorities. The ...

RAS AL KHAIMAH/WAM The Government of Ras Al Khaimah, acting through the Investment and Development Office of Ras Al Khaimah, successfully closed its offering of a 10-year $1 billion senior unsecured sukuk at a profit rate of [5.038%] on March 5 2025. The Government of Ras Al Khaimah tapped the international debt capital market after 10 years and the issuance ...

ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, chaired the meeting of the Ministerial Development Council at Qasr Al Watan in Abu Dhabi. The Council reviewed progress on government programmes and projects, discussing several regulatory decisions submitted by federal ministries and entities. The meeting agenda covered proposed ...

DUBAI/GULF TIME Kerno, the UAE’s pioneering manufacturer of enterprise-class infrastructure solutions, has just signed a memorandum of understanding (MoU) with DDN, the global leader in artificial intelligence (AI) and data intelligence solutions, to develop next-generation data factory solutions — these solutions will be specifically engineered to meet the needs of enterprise, government and research institutions in the United Arab Emirates ...

ABU DHABI/WAM Tadweer Group has launched an all-new Ramadan campaign under the theme Naqa’a, translated as purity. Throughout the Ramadan campaign, the organisation is connecting the core values of the Holy Month with sustainability, promoting a cleaner and greener future for the next generation. Abdulwahed Juma, Executive Director, Communications and Awareness at Tadweer Group, commented, “Ramadan is a time of ...

DUBAI/WAM Dubai World Trade Centre (DWTC) and Informa Group, on Thursday announced a strategic venture to create a truly global powerhouse in exhibitions and event management, operating out of the Middle East – South Asia – Africa regions. This partnership between two commercial equals with highly complementary assets and capabilities drives the creation of a new DWTC-Informa company – Informa ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President John Dramani Mahama of Ghana on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...

ABU DHABI/WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, received Ramadan well-wishers at Al Nakheel Palace in Abu Dhabi. Sheikhs, officials, and citizens gathered to extend their congratulations on the advent of the holy month. Sheikh Hamdan exchanged Ramadan greetings with attendees, who wished him good health and well-being. They also prayed for continued ...

DUBAI/WAM Dubai Electricity and Water Authority (DEWA) has invited international developers to submit expressions of interest for a tender to develop the 1,600-megawatt (MW) seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase, which is expandable to 2,000MW, will use photovoltaic solar panels and a battery energy storage system with a capacity of 1,000MW for six ...

ABU DHABI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, sent congratulatory cables to Christian Stocker on the formation of Austria’s new government and his swearing-in as Federal Chancellor.