DUBAI/GULF TIME HRE Development and One Broker Group have announced the successful sell-out of Skyhills Residences 2 in Jumeirah Village Circle (JVC), representing a significant milestone with a project valuation exceeding AED 650 million. This achievement underscores their continued success in delivering high-value real estate developments in Dubai’s competitive market. Skyhills Residences 2 offered fully furnished modern apartments, ranging from ...

ABU DHABI/GULF TIME Abu Dhabi witnessed a landmark event with the official opening of the 2nd Chinese Industrial Products Exhibition (CIPE 2024) at JOCIC Park, KEZAD. This premier event, a testament to four decades of China-UAE economic partnership, brought together innovators, investors, and policymakers to chart a new course for industrial collaboration. The opening ceremony, organized by JOCIC and supported ...

ABU DHABI/GULF TIME In a significant step towards advancing the future of sustainable aviation, China-UAE Industrial Capacity Cooperation Demonstration Zone and Volar Air Mobility have signed a memorandum of understanding to collaborate on the development of a comprehensive green aviation ecosystem within the United Arab Emirates. Following the earlier announcement in September this year, this groundbreaking partnership for establishing Green ...

ABU DHABI/WAM Lulu Retail on Thursday announced its financial results for the three-month and nine-month periods ended September 30 2024 in its first financial update since its record IPO on ADX. The company delivered robust revenue growth in Q3 2024, reaching $1.86 billion, up 6.1% YoY. In a press release on Thursday, Lulu said that the strong sales performance was ...

ABU DHABI/WAM HH Sheikh Theyab bin Mohamed bin Zayed, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs and Chairman of the International Philanthropic and Humanitarian Council, received Bill Gates, Chair of the Bill & Melinda Gates Foundation, during a visit to the UAE. The meeting was attended by Mariam Almheiri, Head of the International Affairs Office ...

ABU DHABI/WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, discussed a number of regional issues of mutual interest during a telephone call with Antony Blinken, US Secretary of State. The two top diplomats reviewed developments in the Middle East and international efforts to achieve a sustainable ceasefire, aiming to safeguard civilian lives ...

SHARJAH/WAM His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree establishing the Dibba Al Hisn Suburb Council in Dibba Al Hisn. According to the decree, the council will be chaired by Dr Salah Obaid Al Ghoul Al Salami, with the following members: Rashid Ahmed Rashid Khassaw Al Naqbi Ahmed ...

DOHA/WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, headed the UAE delegation participating in the 41st GCC Interior Ministers’ Meeting, which took place in Doha, Qatar. The meeting agenda included discussions on initiatives to enhance cooperation and coordination for regional security, as well as technical reports and specialised topics presented ...

DUBAI/WAM The Central Bank of the UAE (CBUAE) has announced the launch of the “Innovation Hub” at the Emirates Institute of Finance, a world-class centre for research, innovation, and development in the financial services sector. The initiative aligns with the UAE’s sustainable vision to promote technological transformation and develop specialised national competencies in financial innovation. The opening ceremony at the ...

DUBAI / WAM Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has enacted amendments to DIFC Law on the Application of Civil and Commercial Laws in DIFC (the “Application Law”). The amendments provide statutory certainty to the source of DIFC Law and how it may be interpreted. In ...