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Botim becomes first Fintech Platform to offer CBUAE’s Aani Solution Via Al Etihad Payments

ABU DHABI / WAM Astra Tech, the leading consumer technology holding group in the Mena region, announces its partnership with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), for the launch of Aani — an advanced instant payment platform. Operated by Al Etihad Payments, Aani will allow digital payments to be processed instantly, on ...

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GPSSA: Social Protection Fund in Oman has made revisions

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) announced that the Social Protection Fund in Oman has made revisions to the contribution rates for Omani citizens employed in the UAE and covered by the unified extension protection system. As of January 1, the new contribution rate for Omanis covered by the extension protection system has become ...

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Multiply’s net profit excluding fair value changes hits AED1.1b

ABU DHABI / WAM Multiply Group on Wednesday reported full-year 2023 results with a net profit excluding fair value changes of AED1.1 billion, 2.4x last year. Robust underlying profit growth was led by strong operational performance, higher investment income and increased share of profit from Kalyon JV. The reported net profit, including unrealised fair value changes on the market volatility ...

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Abdullah bin Zayed receives UAE astronauts and MBRSC team

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, on Wednesday received UAE astronauts Dr Sultan Al Neyadi, Minister of State for Youth, Hazzaa AlMansoori and the team of the “Zayed Ambition 2” mission from the Mohammed Bin Rashid Space Centre (MBRSC), led by Salem Humaid AlMarri, Director-General of the Centre. During the meeting, ...

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Mohammed bin Rashid meets with high-ranking military officials in the UAE

DUBAI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today met with a number of high-ranking military officials from the UAE and other nations, who attended the graduation ceremony of the 48th cohort of cadets of the Zayed II Military College. During the meeting, held at the College’s headquarters in Al ...

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Centrepoint: Shaping the future of retail

DUBAI/ GULF TIME The all-new Centrepoint store boasts a wealth of features that position it as the ultimate customer-centric retail experience that brings together the best of the online and offline worlds, and where convenience is paramount. The aim is to encourage customers to “shop different” at their favorite store. The interior design boasts a modern and fresh layout with ...

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Danube Properties sponsors CCL); the first five cricket matches to be played in the UAE

DUBAI/ GULF TIME Celebrity Cricket League (CCL) sponsored by Danube Properties is set to make history by hosting its opening matches in the UAE for the first time, marking a significant milestone for the renowned sportainment spectacle. The 10th season of CCL, known for its unique blend of sports and entertainment, will kick off the Opening weekend in the United ...

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MECOC 2024 Unveiled Cutting-Edge Technologies on Steel & Non-Metallic Materials and Strategies to Tackle Corrosion in the Oil and Gas Industry

DUBAI/ GULF TIME The oil and gas industry is crucial for providing global energy, but it faces a constant problem, corrosion. According to a study by NACE, corrosion costs the industry around $1.372 billion every year. To break it down, $589 million goes to surface pipeline and facility costs, $463 million for yearly downhole tubing expenses, and an extra $320 ...

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UAE President issues Federal Decree appointing Undersecretary for Ministry of Investment

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan issued a Federal Decree appointing Mohammed Abdul Rahman Al Hawi as Undersecretary of the Ministry of Investment. Al Hawi held a number of leadership positions in investment sector, including the Director of Economic Development at the Executive Council of Dubai, following his role as a Vice President ...

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