ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Tamim bin Hamad Al-Thani, Emir of the State of Qatar, has received His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, at the Amiri Diwan in Doha, during an official visit to Qatar. His Highness Sheikh Tamim bin Hamad Al-Thani warmly welcomed His Highness Sheikh ...
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ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of Qatar, as part of an official visit to Qatar. During the meeting, they discussed enhancing bilateral relations between the UAE and Qatar, with ...
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ABU DHABI/WAM Magnati, a payment solutions provider in the Middle East, has partnered with Wio Bank PJSC. This partnership enables Wio Bank to expand access to support business growth by providing fast access to financing using Magnati’s platform, simplifying cash flow management and credit access. Loan EMIs are automatically deducted from daily payouts, streamlining the repayment process for merchants. This ...
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AJMAN/WAM The Ajman Department of Economic Development and the Ajman Free Zones Authority have released an economic report detailing the volume of investments between the People’s Republic of China and the emirate of Ajman. This report coincides with the celebration of the 75th National Day of China. The report revealed that the volume of investments between China and Ajman reached ...
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ABU DHABI/WAM The Securities and Commodities Authority (SCA) announced its approval for the listing of 16 tranches linked to bonds and Islamic sukuk, with a total value of $19.55 billion (AED72 billion), on the Abu Dhabi Securities Exchange’s “Secondary Listing Market” during 2023. The authority clarified, according to the latest released statistics that the listings included 10 regular tranches and ...
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ABU DHABI/WAM Fertiglobe on Tuesday announced that its Board of Directors has approved an interim cash dividend for H1 2024 of $150 million, equivalent to AED551 million or 6.6 fils per share. The dividend will be paid during October 2024 to shareholders of record as at October 10 2024. Fertiglobe’s robust balance sheet and effective cash flow management continue to ...
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DUBAI/WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, issued Decree No (58) of 2024, appointing Judge Wayne Stewart Martin as the Chief Justice of the Dubai International Financial Centre Courts. This decree, effective from September 12 2024, will be ...
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GULF TIME Salem Al Shueibi Jewellery Establishment lit up the 54th edition of the Watch and Jewellery Middle East Show, which was inaugurated by His Highness Sheikh Abdullah Bin Salem Bin Sultan Al Qasimi, Deputy Ruler of Sharjah. As the main sponsor of the show, the establishment presented a diverse range of luxury jewellery that catered to all tastes of ...
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ABU DHABI/WAM Emirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, on Monday announced the completion of the acquisition of a majority stake in American aluminium recycling firm Spectro Alloys Corporation. The acquisition means that EGA now has production on four continents, from bauxite mining to aluminium recycling. Spectro Alloys adds significantly to EGA’s existing business in the ...
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ABU DHABI/WAM The Arab Monetary Fund (AMF) reported a significant growth in the assets of the banking sector in the Arab countries, rising to $4.574 trillion at the end of 2023, up from $4.355 trillion in 2022, marking a 5 percent growth. The AMF’s Financial Stability Report for Arab countries highlights that banks in the UAE hold the largest share ...
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