October, 2024

• 24 October

  Abdullah bin Zayed attends BRICS+ Summit in Kazan

  

  KAZAN/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, attended the BRICS+ Summit held as part of the BRICS Summit, held from 22nd to 24th October, 2024, in Kazan, Russia. The summit was inaugurated by the President of the Russian Federation, Vladimir Putin, with the participation of heads of state and government, ministers, ...

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• 24 October

  HID SAFE Empowers Organizations to Streamline Physical Access Management with Enhanced Security Across Facilities

  

  DUBAI / GULF TIME HID, a global leader in trusted identity solutions, recently introduced several innovative advances in identity and access management, with a primary focus being HID SAFE, a scalable solution for secure identity and access control that allows organizations to efficiently manage physical access while maintaining top-tier security across facilities. The company also highlighted advancements in mobile access ...

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• 23 October

  ADCB sees 30% profit growth in Jan-Sep 2024

  

  ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) announced on Wednesday its financial results for the third quarter of 2024, reporting a 30 percent increase in profit before tax, reaching AED7.702 billion during the first nine months of the year. The bank’s net profit after tax stood at AED6.846 billion. In a statement, ADCB highlighted its continued strong ...

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• 23 October

  FAB rises $200 mn AUM through Fixed Maturity Portfolio

  

  ABU DHABI / WAM First Abu Dhabi Bank (FAB) has raised almost $200 million assets under management (AUM) through a new Fixed Maturity Portfolio (FMP) — marking record subscription levels. The portfolio includes the second series of FAB’s conventional fixed maturity portfolio, following a successful first series roll-out in 2023, as well as the bank’s first Shari’ah-compliant FMP. Launched to ...

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• 23 October

  Nasdaq Dubai welcomes listing of $500 million AT1 Sukuk by DIB

  

  DUBAI / WAM Nasdaq Dubai welcomed the listing of $500 million Sukuk issued by Dubai Islamic Bank (DIB). The additional Tier 1 (AT1) Sukuk was issued at a profit rate of 5.25 percent per annum and received strong investor demand, resulting in substantial oversubscription. This strategic issuance reinforces DIB’s leadership in the global Islamic finance sector, providing additional capital to ...

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• 23 October

  UAE President attends BRICS Summit inaugurated by Russian President

  

  KAZAN/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday attended the 16th BRICS Summit, inaugurated by His Excellency Vladimir Putin, President of the Russian Federation, in the Russian city of Kazan. This marks the UAE’s first participation in the summit as a full member of BRICS. The summit, chaired by Russia this year, is being held ...

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• 23 October

  UAE President meets with several world leaders and heads of delegations participating in BRICS Summit

  

  KAZAN/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met today with a number of world leaders and heads of delegations participating in the 2024 BRICS Summit, which is being held in Kazan under the chairmanship of the Russian Federation. His Highness held discussions with His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt; His ...

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• 23 October

  SBA discusses collaboration opportunities at ‘MIPCOM 2024’

  

  SHARJAH / WAM The Sharjah Broadcasting Authority (SBA) is participating in the “MIPCOM 2024” global exhibition for entertainment and television content, taking place at the Palais des Festivals in Cannes, France. This event, taking place until October 24, features participation from over 100 countries, providing a leading platform to enhance the authority’s international presence and highlight its diverse productions. During ...

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• 23 October

  Dubai chamber discusses initiatives to support private sector

  

  DUBAI / WAM Dubai Chamber of Commerce, one of three chambers operating under the umbrella of Dubai Chambers, recently organised the third quarterly meeting of business groups and councils for 2024 with the participation of representatives from private sector companies across the emirate. During the meeting, the Dubai chamber highlighted the latest developments in the local economy, its growth prospects ...

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• 23 October

  ADAFSA offers veterinary services at 18th Al Dhafra Festival

  

  ABU DHABI / WAM The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) is participating in the 18th edition of the Al Dhafra Festival, which commenced in Sweihan, Abu Dhabi. The event is organised by the Abu Dhabi Heritage Authority and will continue until January 30 2025. During the festival, ADAFSA will provide logistical and veterinary services to camel owners ...

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