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 ...

ABU DHABI/WAM The United Arab Emirates continues to support the brotherly Palestinian people in overcoming the humanitarian challenges faced by the residents of the Gaza Strip. The Operation Chivalrous Knight 3 team distributed potable water to medical points and areas where displaced people have gathered in Khan Yunis as part of a campaign aimed at alleviating the suffering of patients ...

ABU DHABI/WAM The Abu Dhabi SME Champions programme, launched by the Abu Dhabi Department of Economic Development (ADDED) in 2023 to boost SME participation in procurement opportunities with large private companies (LCs) and government-related entities (GREs), facilitated the award of AED88.6 million in procurement deals within six months of the programme’s commencement, surpassing initial expectations. During the pilot phase, the ...

ABU DHABI/WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, begins an official visit to Qatar on October 1, 2024, during which His Highness will meet His Highness Sheikh Tamim bin Hamad Al-Thani, Emir of the State of Qatar, and a number of senior officials. The visit reflects the strong brotherly bonds between the ...

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed the delivery of an urgent $100 million relief package to the people of Lebanon. This initiative is part of the UAE’s continuous efforts to support Lebanon through its current challenges, underscoring the nation’s unwavering commitment to assisting the Lebanese people.

ABU DHABI/WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Foreign Affairs and Chairman of the Education, Human Resources and Community Development Council, expressed his sincere thanks and appreciation to President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on the occasion of the February 28 being designated as “Emirati Day for Education.” On the occasion, ...

DUBAI / GULF TIME Transition into the new season with Anthropologie AW24 collection, where style meets comfort for the cooler months ahead. Explore a curated blend of sophisticated and chic clothing and accessories at the brand’s newly refreshed Dubai Mall store, the ultimate destination for fashion enthusiasts to shop this season’s must-have, trend-worthy staples. Encapsulating the beauty of this transitional ...

DUBAI/ GULF TIME Beautyworld Middle East 2024 will host the live final of the annual “Arabian Color Fiesta” — the industry-leading hair competition that celebrates the artistry, creativity and talents of hair professionals across the GCC. Powered by Goldwell, a leader in the haircare industry and a trusted partner to hairdressers around the world since 1948, the event at Dubai ...

ABU DHABI / AD MEDIA OFFICE The Bassam Freiha Art Foundation (BFAF) will open a series of new exhibitions from October 14 2024 until February 16 2025, at Saadiyat Cultural District, Abu Dhabi, exploring Emirati abstract art, the Orientalist movement, and monumental sculptures by renowned artist Anthony James. Visitors will be able to explore the four exhibitions, held across the ...

DUBAI / WAM The Ministry of Finance has announced the launch of a dedicated page for the World Bank’s advisory services on its website. The webpage allows local entities to apply for the bank’s advisory services and monitor the status of their requests efficiently. Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance, highlighted the long-standing and strategic partnership ...