Bloomberg Georgian billionaire Bidzina Ivanishvili sued Credit Suisse Group AG in Singapore, New Zealand and Bermuda, alleging the bank must have known about the actions of a former employee who forged trades to cover losses from other customers’ accounts. Ivanishvili, an ex-prime minister of the former Soviet republic, filed the claims in Auckland at the New Zealand High Court on …

DUBAI / WAM A total of AED151 billion ($41 billion)was invested by foreigners in Dubai property market in 18 months, according to the Dubai Land Department. The DLD revealed the figure while announcing a list of the top10 nationalities that invested in the emirate’s realty market between January 2016 and the end of June 2017. The new list confirms that …

DUBAI / WAM A total of AED151 billion ($41 billion)was invested by foreigners in Dubai property market in 18 months, according to the Dubai Land Department. The DLD revealed the figure while announcing a list of the top10 nationalities that invested in the emirate’s realty market between January 2016 and the end of June 2017. The new list confirms that …

Abu Dhabi / WAM HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said that the UAE, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, is proud of the mothers of its martyrs, as they are honourable role models for Emirati daughters, because …

Abu Dhabi / WAM Abu Dhabi has been named as the ‘Leading Overseas Luxury MICE Destination’ at the prestigious China Travel and Meeting Industry Awards held in Beijing, China. The emirate was nominated alongside over 40 destinations, including Las Vegas and France, and the award was presented to Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi), representatives at a …

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood, has corroborated the paramount importance of the National Strategy for Empowerment of Emirati Women in the UAE 2015-2021 which, she affirms, charts a clear-cut pathway for all state …

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood, has sent a message to the mothers of the martyrs on the occasion of UAE Women’s Day. In a mobile text message, Her Highness Sheikha Fatima expressed her …

Abu Dhabi / WAM HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, sent a text message to the mothers of the martyrs, and hailed their efforts, on the occasion of Emirati Women’s Day, as follows: “To our mothers, mothers of the martyrs.. with you, our homeland is …

ABU DHABI / WAM Supporting refugees lies at the heart of the UAE’s humanitarian strategy and constitutes a pillar of the country’s Year of Giving Initiative. Within this context, the Big Heart Foundation, a global humanitarian charity established by Her Highness Sheikha Jawaher Bint Mohamed Al Qasemi, Wife of His Highness the Ruler of Sharjah and Chairperson of the Supreme …

ABU DHABI / WAM ADNOC renewed its commitment to empower women in the oil and gas sector as part of its strategy for smart growth that focuses on talent development. The announcement was made as the company celebrated the 3rd annual Emirati Women’s Day. In a speech to employees, Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and …