DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, chaired the fourth meeting of the UAE Council for Climate Action held this year. The council conducted an online meeting to review the national efforts towards climate ambition, the outcomes of the 28th UN Climate Change Conference (COP28) hosted by the UAE, and other related …
Read More »
DUBAI / WAM The Dubai Financial Market (DFM) conducted three substantial deals directly involving shares of ‘Takaful Emarat,’ ‘SHUAA Capital,’ and ‘Salama – Islamic Arab Insurance’, totalling 175.3 million shares with a combined value of AED87.2 million. As per DFM’s data, the first deal involved 44.2 million ‘Takaful Emarat’ shares, valued at AED18.5 million, traded at an execution price of …
Read More »
BLOOMBERG The holidays are a special time of joy and giving — and a special time for generating trash. In the US alone, the amount of waste generated between Thanksgiving Day and New Year’s Day is 25% to 43% higher than average. All that trash pollutes the planet by piling up in landfills, and also contributes directly to climate change. …
Read More »
ABU DHABI / WAM The UAE dispatched a plane carrying 50 tonnes of aid in food supplies to the Republic of Seychelles to provide humanitarian relief to thousands of families impacted by the recent floods, which have caused severe and widespread damage. The plane was deployed in coordination with several humanitarian institutions in the UAE. Sultan Al Shamsi, Assistant Minister …
Read More »
ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, congratulated Radosław Sikorski on his appointment as Minister of Foreign Affairs of Poland, during a phone conversation. During the call, His Highness Sheikh Abdullah bin Zayed wished Sikorski success in his new mission, highlighting the distinguished relations that their countries share. The two top …
Read More »
ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) participated in the inauguration ceremony at the fishing port of Tanit in Mauritania of an ice factory that would enhance the port’s efficiency. The Fund also supervised the project, carried out for AED24 million ($6.5 million) by the Emirati company Talc Investment, which is keen to invest in Africa and …
Read More »
ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) was named ‘Best Sustainable Insurer of the Year’ at the Global Sustainability Leadership Awards by the World Sustainability Congress. The World Sustainability Congress is a not-for-profit organisation advocating for sustainable leadership and brings organisations, NGO’s, public interests groups and governmental bodies together to accelerate sustainable business practices and solutions. The …
Read More »
ABU DHABI / WAM The Securities and Commodities Authority (SCA) announced on Wednesday that financial markets in the United Arab Emirates will be closed on Monday, January 1, 2024, in observance of the New Year holiday. Trading activities will resume on Tuesday, January 2, 2024, as per the SCA’s usual business hours. This decision aligns with the Federal Authority for …
Read More »
ABU DHABI / AD MEDIA OFFICE The Environment Agency – Abu Dhabi (EAD) and ADQ, have partnered with Dendra, an international environmental technology company, to leverage advanced seeding drones and AI technologies to assess and restore terrestrial and coastal ecosystems across Abu Dhabi. Under the agreement, a set of innovative solutions based on data and advanced artificial intelligence technology will …
Read More »
BEIJING / WAM As New Year approaches, experts noted that the Chinese economy remains on the trajectory of accelerating recovery, with new growth drivers continuously emerging which keeps fuelling the momentum well into 2024. Data from major travel platforms has indicated a comprehensive recovery for both domestic and cross-border tourism, Global Times reported. As of December 15, overall travel bookings …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.