ABU DHABI/WAM Mashreq Bank has allocated an additional AED1 billion in financing solutions to enhance the country’s industrial sector’s growth and support its competitiveness and productivity. This aligns with the objectives of the National Strategy for Industry and Advanced Technology, Operation 300Bn. This new step stimulates industrial companies in the country by enabling them with additional financing solutions under the ...

ABU DHABI/WAM Abu Dhabi Energy Services (ADES), a subsidiary of TAQA (Abu Dhabi National Energy Company), announced the commencement of a 9000-kilowatt peak (kWp) solar photovoltaic (PV) project for the United Arab Emirates University (UAEU) in Al Ain. This project is the largest solar energy initiative in the UAE’s education sector and the first large-scale renewable energy endeavour for the ...

DUBAI/WAM Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Indonesia’s Nusantara Capital Authority to enhance international financial cooperation. Essa Kazim, Governor of DIFC, and M. Basuki Hadimuljono, (Acting) Chairman of Nusantara Capital City Authority, signed the agreement at DIFC’s premises in Dubai. The signing was witnessed by Erick Thohir, Minister of State Owned Enterprises; Dr. ...

ABU DHABI/WAM ADNOC and the Emirati Talent Competitiveness Council (ETCC), which is responsible for the Nafis leadership programme, have signed a strategic collaboration agreement to create 13,500 new private sector jobs for UAE Nationals in ADNOC’s supply chain by 2028. The agreement supports the UAE’s goal to create 100,000 private sector jobs for Emiratis over the next three years and ...

ABU DHABI/WAM Newly appointed ministers were sworn in today before President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court. Taking ...

ABU DHABI/WAM New judges of the Federal Supreme Court were sworn in today before President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court. The judges taking the legal oath were Ahmed Rashid Hassan Salman Al Ali, Jalal ...

ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman of the Board of Directors of the Emirates Arabian Horse Society (EASH), has approved the programme for Arabian Horse Shows and Auctions in the UAE for the 2024-2025 season. The upcoming season’s Arabian Horse Shows Championships and Auctions ...

ABU DHABI/WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, discussed during a phone call today with Gordan Grlić-Radman, Minister of Foreign and European Affairs of the Republic of Croatia, the prospects for boosting relations and cooperation between their countries across all sectors. HH Sheikh Abdullah bin Zayed highlighted the distinguished relations between ...

DUBAI/GULF TIME Downtown Dubai’s real estate market has demonstrated robust growth and resilience, cementing its position as a top investment destination, with a remarkable 133% increase in property transactions and a significant 41% rise in rents over recent years. In line with this trend, GINCO Properties has announced the launch of ONE RESIDENCE, a pioneering development that establishes a new ...

ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, approved the race programme for the Emirates International Endurance Village (EIEV) for the 2024-2025 season, which includes 8 races in different categories. The President of UAE Endurance Cup race will take place on 9th February 2025, at the village ...