DUBAI/GULF TIME HRE Development, a prominent name in the UAE real estate market, has announced the launch of their latest project, SkyHills 2, with a commitment to invest AED10 billion in the next three years. A premium mixed-use development located in the thriving heart of Jumeirah Village Circle (JVC), SkyHills 2 promises to redefine community living with its innovative blend ...

ABU DHABI/WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of Dubai Executive Council, today met with H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs. During Sheikh Hamdan’s visit to the Ministry of Foreign Affairs in Abu Dhabi, Their Highnesses ...

ABU DHABI/WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, in collaboration with Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and Natixis Corporate and Investment Banking (Natixis CIB), signed a joint agreement to support Trafigura, a market leader in the global commodities industry, to expand their global acquisitions of non-hydrocarbon commodities originating from the UAE. ...

BEIJING / WAM Academician Liu He, a distinguished figure in China’s energy sector, has emphasised the profound significance of the ongoing global shift from traditional fossil fuels to renewable energy for China. In the forum titled “Shougang Blast Furnace Forum-ESG Development”, the academician said that China is advancing its energy transformation with the ultimate aim of achieving its carbon peak ...

DUBAI / WAM Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has hosted an ‘In Focus’ event to highlight the expansion opportunities available to Dubai-based businesses in Tanzania and Uganda. The session attracted more than 100 representatives from private sector companies in the emirate. The event showcased opportunities to strengthen cross-border trade and ...

ABU DHABI / WAM The UAE Ministry of Interior is hosting the GCC Strategy for Combating Drugs (2025-2028) workshop. This groundbreaking regional initiative, a collaborative effort between the General Secretariat of the GCC and the United Nations Office on Drugs and Crime, is taking place from September 16-19 at Etihad Towers, Abu Dhabi. The workshop aims to enhance international cooperation ...

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) and The Dollar Business FZ-LLC (TDB) have signed a memorandum of understanding (MoU), marking the beginning of a new era of technological inclusivity in international trade for global enterprises. This partnership will enable Rakez-registered companies to tap into TDB’s cutting-edge business solutions, which offer a unique blend of human ...

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 Law No (19) of 2024 regulating the grant of law enforcement capacity in the emirate of Dubai. The law aims to ensure the proper implementation of legislation by ...

DUBAI / WAM Dubai Financial Market (DFM) has announced that it will be changing the name of existing listed “Micro DME Oman Crude Oil Futures” to “Micro GME Oman Crude Oil Futures” which are available for trading on DFM Derivatives platform. In a circular on Wednesday, DFM said that the change is part of the Dubai Mercantile Exchange name change ...

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has received the award for Best Islamic Stock Exchange 2024 by the Global Islamic Finance Awards (GIFA). The GIFA award committee recognised ADX for its efforts and contributions to the Islamic finance sector. In its evaluation, the committee considered several key factors, including the market capitalisation of Sharia-compliant financial instruments listed ...