DUBAI/ GULF TIME Danube Properties, one of the fastest-growing private real estate developers in the UAE, has partnered with Dubai Multi-Commodities Centre (DMCC) the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – to bring a new residential project to its prime location of JLT, the uptown community. The 65-storey twin towers will bring ...

BLOOMBERG A rout in Chinese stocks listed in Hong Kong intensified on Monday, pushing their discount to mainland peers to the deepest in fifteen years in the latest sign of growing pessimism among international investors. The Hang Seng China Enterprises Index fell 2.4%, inching closer to a level last seen almost two decades ago, while the onshore benchmark CSI 300 ...

BLOOMBERG European stocks and US futures rose, extending the rally in global equities that pushed the S&P 500 Index to a record-high Friday. Europe’s Stoxx 600 index climbed 0.8% in early trading on Monday, with banking, real estate and tech stocks among those leading the advance. Tech shares led gains in US futures contracts after the S&P 500 rose beyond ...

ABU DHABI/ WAM The third edition of the Make in the Emirates Forum, organised by the Ministry of Industry and Advanced Technology (MoIAT) in collaboration with Abu Dhabi Department of Economic Development (ADDED) and ADNOC, will take place on 28th and 29th May 2024 at the Abu Dhabi Energy Centre. The annual platform showcases enablers and investment opportunities within the ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan underlined the UAE’s unwavering commitment to comprehensive, sustainable, and integrated economic and social development plans. His Highness highlighted the nation’s dedication to enhancing its capabilities and expertise, diversifying them in the energy sector, considering it the backbone of development efforts and plans, with a simultaneous focus on sustainability ...

DUBAI/ WAM The governments of the UAE and the Republic of Malta have announced the launch of the Malta Executive Leadership Programme, inspired by the UAE’s model of government leadership. The announcement was made during a visit by a delegation from the Government Experience Exchange Office (GEEO) at the Ministry of Cabinet Affairs to Valletta, capital of Malta, as part ...

SHARJAH/ WAM IPT Energy LLC, a prominent leader in the energy sector with origins in Lebanon since 1970, recently expanded its presence in Sharjah by establishing IPT Energy Trading. This new entity actively engages in the importation and trading of refined oil products, petrochemicals, lubricants, and grease. This notable activity, supported by Invest in Sharjah, commemorated IPT Energy’s substantial growth ...

SHARJAH/ WAM H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the Sharjah Executive Council (SEC), took part in a shooting event for SEC members organised by the Sharjah Government Employees Club (SGEC) in collaboration with the Sharjah Police Science Academy. Before the start of the shooting event at the academy’s smart ...

ABU DHABI/ WAM In his capacity as Ruler of Abu Dhabi, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has issued a law establishing the Artificial Intelligence and Advanced Technology Council (AIATC). The council will be responsible for developing and implementing policies and strategies related to research, infrastructure and investments in artificial intelligence and advanced technology ...

FUJAIRAH/WAM H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, met with Dr. Sulaiman Al Kaabi, Director of the Fujairah Government Excellence Programme, at his office in the Emiri Diwan. During the meeting, Mohammed Al Sharqi was briefed about several modern technological innovations, their applications, and the benefits they offer to society, aligning with high-quality standards ...