AJMAN / WAM Free Zones Authority of Ajman (FZA) announced exceptional financial and operational results for the year 2024, a testament to the efficacy of its forward-looking economic vision and proactive strategies aimed at diversifying key sectors and enhancing the investment climate within the emirate. Fuelled by a significant rise in the number of investors and the expansion of diverse ...
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Adib launches first fractional sukuk trading platform for retail investors
ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced the official launch of its Fractional Sukuk platform “Smart Sukuk”, a new digital investment solution that enables customers to invest in fractionalised sukuk certificates directly through the ADIB Mobile App. With this launch, ADIB becomes the first bank to introduce an innovative investment ...
Read More »Rabdan Academy integrates virtual reality into academic programs
ABU DHABI / AD MEDIA OFFICE Rabdan Academy has officially launched an initiative to integrate advanced virtual reality (VR) technologies into its academic programmes. This transformative step is set to create an immersive and interactive learning environment, equipping students with cutting-edge skills that align with the demands of the digital age. As part of the initial phase, the academy has ...
Read More »MoI, UNCTAD sign pact to strengthen investment ties
ABU DHABI / WAM The UAE Ministry of Investment (MoI) and UN Trade and Development (UNCTAD) have signed a memorandum of understanding (MoU) to strengthen cooperation in investment policymaking, research, and sustainable economic development. This partnership underscores the UAE’s commitment to harbouring an investment-friendly environment and reinforcing its role as a global business hub; and aligns with UNCTAD’s commitments to ...
Read More »Presight unveils ‘Presight LifeSaver’ for smart crisis response
ABU DHABI / WAM Presight, the company specialising in big data analytics powered by artificial intelligence, on Tuesday announced the launch of its comprehensive platform, “Presight LifeSaver,” for smarter emergency and crisis response. Launched during the World Crisis and Emergency Management Summit, the platform combines the latest AI technologies, big data analytics, and real-time insights into a unified system that ...
Read More »AD Ports Group signs lease agreement with TW Steel
ABU DHABI /WAM AD Ports Group on Tuesday announced the signing of a 10-year lease agreement with TW Steel, a distinguished provider of prefabricated structures to deliver innovative containerised fabrication solutions, container maintenance and repair services at Khalifa Port. These solutions and services will bring flexible and sustainable solutions tailored to the specific needs of shipping lines and container operators ...
Read More »UAE, India mark three years of comprehensive economic partnership
ABU DHABI / WAM The United Arab Emirates and the Republic of India continue to witness growing and dynamic economic relations, built on longstanding historical ties and driven by their Comprehensive Economic Partnership Agreement (CEPA), which has significantly boosted economic growth and created new trade and investment opportunities for both business communities. On May 1, the UAE and India will ...
Read More »UAE, Armenian Presidents explore ways to strengthen bilateral cooperation
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Vahagn Khachaturyan, President of the Republic of Armenia, on Tuesday discussed ways to strengthen bilateral cooperation, especially in the economic and investment fields, in a manner that supports the development priorities of both countries. During the meeting, which took place at Qasr Al Bahr in ...
Read More »Under patronage of UAE President, 19th Sheikh Zayed Book Award winners revealed
ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, the Abu Dhabi Arabic Language Centre (ALC) has announced the winners and Cultural Personality of the Year for the 19th edition of the Sheikh Zayed Book Award (SZBA). The announcement followed a meeting of the SZBA Board of ...
Read More »Borouge increases dividend to 16.2 fils per share from 2025
ABU DHABI / WAM Borouge Plc shareholders have approved a final 2024 dividend and 2.5 percent share buyback programme at their Annual General Meeting (AGM). Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, and Chairman of Borouge, reaffirmed the company’s commitment to delivering substantial shareholder returns in front of more than ...
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