ABU DHABI/ AD MEDIA OFFICE Abu Dhabi Housing Authority, in cooperation with the Department of Municipalities and Transport, has concluded the first phase of the campaign to enhance the use of government-provided units, covering field surveys of vacant or misused housing units in Abu Dhabi, Al Ain and Al Dhafra. The campaign to enhance the use of government-provided housing units supports Abu Dhabi Housing …
Read More »
SHARJAH / WAM Expo Centre Sharjah is all set to hold the 41st edition of “Ramadan Nights 2024”, offering 21 days of fun-filled Ramadan evenings and immersive shopping experiences for the emirate’s residents and visitors. The event, organised by the Centre with the support of Sharjah Chamber of Commerce and Industry (SCCI), will run from March 21 to April 10. …
Read More »
ABU DHABI / WAM The Ministry of Economy organised a workshop on the ‘Zero Government Bureaucracy’ (ZGB) programme to discuss the mechanisms for the programme’s implementation. The programme was launched by the UAE government with an aim to streamline and simplify government procedures by eliminating unnecessary procedures and requirements. The workshop was inaugurated by Badreya Al Maidoor, Assistant Under-Secretary …
Read More »
ABU DHABI/ WAM Al Yah Satellite Communications Company (Yahsat), the UAE’s flagship satellite solutions provider, and e& UAE signed a Memorandum of Understanding (MoU). According to the MoU, e& UAE will become the first telecom operator to partner with Yahsat under its Direct-to-Device (D2D) strategy. The collaboration includes exploring various initiatives and projects concerning Yahsat’s planned D2D ecosystem to enable …
Read More »
ABU DHABI / WAM Adnoc Drilling Company confirmed shareholder approval of all agenda items at its Annual General Assembly Meeting, including the distribution of its highly attractive final cash dividend for the year ending on December 31, 2023, with $358 million. Commenting on the announcement, Abdulrahman Abdulla Al Seiari, CEO of Adnoc Drilling, said, “In 2023 we made excellent progress …
Read More »
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, issued Decree No. (16) of 2024 forming the new Board of Trustees of the UAE Food Bank, chaired by Her Highness Sheikha Hind bint Maktoum bin Juma Al Maktoum, Supreme Chairperson of the …
Read More »
ABU DHABI/ WAM Lunate Capital Limited, an Abu Dhabi-based investment management firm licenced by the ADGM Financial Services Regulatory Authority (FSRA), and subsidiary of Lunate Holding RSC Limited, announced today the launch of the Chimera JP Morgan UAE Bond UCITS ETF, the UAE and GCC’s first-ever UAE bond Exchange Traded Fund (ETF) that will list on the Abu Dhabi Securities …
Read More »
ABU DHABI/ WAM The UAE Ministry of Finance (MoF) today published the preliminary results of the UAE Government Finance Statistics Report for the fourth quarter of 2023, unveiling that the government’s revenues amounted to AED155.9 billion. According to the MoF data, the value of total expenditures amounted to AED131.3 billion consisting of net investment in non-financial assets and current expenses, …
Read More »
SHARJAH / WAM Keen to provide a decent life for his people in the Emirate of Sharjah and the city of Kalba, HH Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, directed the start of completing sewage network projects in Al Saf and Al Ghail neighborhoods in the Al Fareesh suburb, in …
Read More »
WORLD CAPITALS / WAM Gold prices edged lower on Thursday as the US dollar gained, though bullion remained near record-high levels, Reuters reported. Spot gold fell 0.2% to $2,171.05 per ounce as of 0426 GMT, and the US gold futures also dipped 0.2% to $2,175.40. Spot platinum fell 0.3% to $935.50 per ounce, palladium shed 0.3% to $1,056.24, and silver …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.