ABU DHABI / GULF TIME The organising committee of the Air Expo Abu Dhabi announced Etihad Airways as the official airline and platinum sponsor for the upcoming event, scheduled from November 19 to 21 2024. Since 2012, Etihad Airways has consistently supported the Air Expo, reflecting its commitment as the national carrier of the UAE to promote Abu Dhabi as ...
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Khalifa bin Tahnoon bin Mohammed offers condolences on the passing of Mohamed Zayed Al Mansoori
ABU DHABI/AD MEDIA OFFICE His Excellency Sheikh Khalifa bin Tahnoon bin Mohammed Al Nahyan, Chairman of the Abu Dhabi Crown Prince Court, has offered condolences on the passing of Mohamed Zayed Khalfan Al Mansoori. His Excellency attended the mourning majlis in Madinat Zayed, Al Dhafra Region, and extended his deepest sympathies to the family for their loss, wishing them courage ...
Read More »Abdullah bin Zayed attends BRICS+ Summit in Kazan
KAZAN/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, attended the BRICS+ Summit held as part of the BRICS Summit, held from 22nd to 24th October, 2024, in Kazan, Russia. The summit was inaugurated by the President of the Russian Federation, Vladimir Putin, with the participation of heads of state and government, ministers, ...
Read More »HID SAFE Empowers Organizations to Streamline Physical Access Management with Enhanced Security Across Facilities
DUBAI / GULF TIME HID, a global leader in trusted identity solutions, recently introduced several innovative advances in identity and access management, with a primary focus being HID SAFE, a scalable solution for secure identity and access control that allows organizations to efficiently manage physical access while maintaining top-tier security across facilities. The company also highlighted advancements in mobile access ...
Read More »ADCB sees 30% profit growth in Jan-Sep 2024
ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) announced on Wednesday its financial results for the third quarter of 2024, reporting a 30 percent increase in profit before tax, reaching AED7.702 billion during the first nine months of the year. The bank’s net profit after tax stood at AED6.846 billion. In a statement, ADCB highlighted its continued strong ...
Read More »FAB rises $200 mn AUM through Fixed Maturity Portfolio
ABU DHABI / WAM First Abu Dhabi Bank (FAB) has raised almost $200 million assets under management (AUM) through a new Fixed Maturity Portfolio (FMP) — marking record subscription levels. The portfolio includes the second series of FAB’s conventional fixed maturity portfolio, following a successful first series roll-out in 2023, as well as the bank’s first Shari’ah-compliant FMP. Launched to ...
Read More »Nasdaq Dubai welcomes listing of $500 million AT1 Sukuk by DIB
DUBAI / WAM Nasdaq Dubai welcomed the listing of $500 million Sukuk issued by Dubai Islamic Bank (DIB). The additional Tier 1 (AT1) Sukuk was issued at a profit rate of 5.25 percent per annum and received strong investor demand, resulting in substantial oversubscription. This strategic issuance reinforces DIB’s leadership in the global Islamic finance sector, providing additional capital to ...
Read More »UAE President attends BRICS Summit inaugurated by Russian President
KAZAN/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday attended the 16th BRICS Summit, inaugurated by His Excellency Vladimir Putin, President of the Russian Federation, in the Russian city of Kazan. This marks the UAE’s first participation in the summit as a full member of BRICS. The summit, chaired by Russia this year, is being held ...
Read More »UAE President meets with several world leaders and heads of delegations participating in BRICS Summit
KAZAN/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met today with a number of world leaders and heads of delegations participating in the 2024 BRICS Summit, which is being held in Kazan under the chairmanship of the Russian Federation. His Highness held discussions with His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt; His ...
Read More »SBA discusses collaboration opportunities at ‘MIPCOM 2024’
SHARJAH / WAM The Sharjah Broadcasting Authority (SBA) is participating in the “MIPCOM 2024” global exhibition for entertainment and television content, taking place at the Palais des Festivals in Cannes, France. This event, taking place until October 24, features participation from over 100 countries, providing a leading platform to enhance the authority’s international presence and highlight its diverse productions. During ...
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