October, 2023

• 30 October

  Dubai among top 25 global cities for third consecutive year

  

  DUBAI / WAM Dubai has retained its leading position in the Mena region on Kearney’s Global Cities Index, ranking 23rd globally and claiming a spot in the top 25 for the third consecutive year. According to the report, prominent emerging hubs around the world, particularly in the Middle East, have seen incredible gains in their global city performance amid a ...

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• 30 October

  Dimon plans to sell $141m worth of JPMorgan shares

  

  BLOOMBERG JPMorgan Chase & Co Chief Executive Officer Jamie Dimon plans to sell shares currently worth about $141 million, the first such transaction since he took the helm at the Wall Street giant almost 18 years ago. Starting next year, Dimon and his family will dispose of 1 million of the lender’s shares for financial diversification and tax-planning purposes, according ...

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• 30 October

  China’s ICBC posts scant profit gain on margins

  

  BLOOMBERG Industrial & Commercial Bank of China (ICBC), the world’s largest lender by assets, reported profit grew just 0.03% in the third quarter as it was directed to dole out cheap loans to help shore up the struggling economy. The other big banks posted mixed results. Agricultural Bank of China Ltd said profit rose 7.76% in the period, while Bank ...

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• 28 October

  Mia by Tanishq Now Open in the UAE, Gen-Z’s Favourite Jewellery Brand Opens First International Store in BurJuman

  DUBAI/ GULF TIME Tata Group’s fine jewellery brand Mia by Tanishq has opened its first international store in Dubai, adding to its footprint of 120+ stores across India. Conveniently located in the heart of the city at BurJuman, the flagship boutique will house a stunning collection of trendy, popular and contemporary designs uniquely crafted in gold, diamond and coloured stones ...

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• 28 October

  Danube Properties becomes the first developer in the region to allocate real estate units worth AED 25 million to support MBRGI programs

  

  DUBAI/ GULF TIME Danube Properties announced it is allocating real estate units at a value of AED 25 million in support of charity and humanitarian programs carried out by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI). Danube pledged to allocate real estate units over the next five years to support programs launched by MBRGI, the largest foundation of its ...

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• 28 October

  RAK Ruler attends opening ceremony of 2023 Minifootball World Cup

  

  RAS AL KHAIMAH/ WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, attended the opening ceremony of the 2023 Minifootball World Cup on Ras Al Khaimah’s Al Marjan Island, where he praised the power of sport in uniting peoples and fostering cultural exchange. “Sport transcends borders and languages, uniting people from all ...

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• 28 October

  Majlis Mohamed bin Zayed lecture explores how nature can inspire sustainable future

  

  ABU DHABI/ WAM The latest Majlis Mohamed bin Zayed lecture, which was attended by H.H. Sheikh Khalid bin Zayed Al Nahyan, Chairman of the Zayed Higher Organisation for People of Determination, explored how nature can provide inspiration to help humankind move to a new level in sustainability. Titled ‘A Sustainable Future Inspired by Nature’, the lecture was presented by renowned architect ...

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• 28 October

  UAE FM discusses latest regional developments with US official

  

  ABU DHABI/ WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met with Barbara Leaf, United States Assistant Secretary for Near Eastern Affairs, at a meeting in Abu Dhabi. During the meeting, Sheikh Abdullah and Leaf discussed the current situation in the Middle East, the efforts of civil society in protecting civilians from the repercussions of ...

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• 28 October

  UAE Foreign Minister, Belgian counterpart discuss de-escalation efforts

  

  ABU DHABI/ WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has received Minister Hadja Lahbib, Minister of Foreign Affairs, European Affairs and Foreign Trade and the Federal Cultural Institutions of the Kingdom of Belgium. The meeting, which was held in Abu Dhabi, touched on the latest developments in the Middle East region and efforts to end ...

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• 28 October

  Sharjah Ruler inaugurates Shees Rest Area

  

  SHARJAH/ WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the Shees Rest Area. The Ruler of Sharjah affirmed that the primary objective of the emirate’s projects is to provide decent living, which is reflected in the income levels of UAE families. These projects also aim to improve the values and connections ...

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