Abu Dhabi / WAM Aldar Properties on Tuesday announced that it acquired a prime beachfront plot of over 40,000 square metres located on Al Marjan Island in Ras Al Khaimah. The land was bought from Marjan, master developer or freehold properties in Ras Al Khaimah, and paves the way for a residential development on the island. Aldar intends to ...

  Abu Dhabi / WAM The accelerated growth of the UAE defense, aerospace and security industry provides an excellent opportunity for Spanish companies to collaborate and increase their industrial cooperation with UAE companies, said Tareq Abdulraheem Al Hosani, Secretary General of Tawazun Council. Al Hosani was attending a UAE-Spain Defense Meeting, held on Tuesday in Abu Dhabi. The meeting was ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the launch of ‘We The UAE 2031’, a national plan and road map for the next 50 years. The national plan is an integrated programme shaping the future of the country within the next ten ...

  Dubai / WAM Dubai Airports has upped again its annual forecast for passenger traffic at Dubai International (DXB) to 64.3 million following a strong performance by the hub in the third quarter, and the prospects of a stronger surge in the offing in the final three months of 2022. DXB started the second half of the year with a ...

  Dubai / WAM Riveting keynote speeches from leaders, compelling research papers, and speakers drawn from the industry and academia marked the opening of the 4th International Aviation Management Conference (IAMC) at Emirates Aviation University. This year’s topical theme – The Future of Aviation: Covid-19 Pandemic and Challenges – has brought together leaders, professionals, research scholars, students and academia to ...

  Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, has been assigned ‘AA-‘ (Very Strong) ratings for the fourth consecutive year by Fitch Ratings, reflecting ECI’s role in supporting the diversification of the UAE economy. ECI’s Insurer Financial Strength (IFS) Rating and Long-Term Issuer Default Rating (IDR) were both affirmed at ‘AA-‘ (Very Strong) with ...

  Abu Dhabi / WAM The UAE Banks Federation (UAEBF) organised a webinar on growth opportunities and innovation of banking solutions for small and medium enterprises (SMEs) under the theme “Changing Landscape of SME Banking in the UAE”, as part of its efforts to support this important sector and enhance its role in the economic and social development in the UAE. ...

  Abu Dhabi / Gulf Time Mohammed Rasool Khoory & Sons and Rolex announced the grand official opening of a new boutique in Abu Dhabi. Located in Yas Mall, the boutique is in the heart of the biggest mall in Abu Dhabi at Yas Island – one of the top tourism projects in the capital. It occupies the ground floor, ...

Bloomberg US Secretary of Defense Lloyd Austin urged China to avoid “destabilizing actions” toward Taiwan in his first face-to-face meeting with Defense Minister Wei Fenghe since House Speaker Nancy Pelosi’s visit to Taipei in August. In talks Tuesday in Siem Reap, Cambodia, the Pentagon chief also called for the two sides to maintain open lines of communication and warned of ...

Bloomberg The US and Russia urged Turkey to avoid escalating violence in northern Syria as Turkey’s leader vowed a fresh incursion against Kurdish militants that could threaten existing cease-fire agreements. Turkey over the weekend started an aerial attack on the Kurdish militia it holds responsible for a deadly bomb attack in Istanbul last week. The army may also launch a ...