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DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Tuesday met with a number of Directors General and senior officials of the Government of Dubai at His Highness’s Majlis in Za’abeel. The meeting formed part of His Highness’s routine engagements with officials from various sectors to …
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January, 2024
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23 January
Edge unveils new autonomous air, land solutions at Umex
ABU DHABI / WAM Edge, one of the world’s leading advanced technology groups in the unmanned and autonomous systems sector, unveiled three new innovative remotely piloted vehicles on the first day of the Unmanned Systems Exhibition and Conference (UMEX) and Simulation and Training Exhibition (SimTEX) 2024. Returning as the Strategic Partner for the sixth edition of UMEX, Edge is rapidly …
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23 January
UAE participates in Extraordinary Meeting of Arab League Council on Palestine
CAIRO / WAM The United Arab Emirates (UAE) participated in an extraordinary meeting of the Arab League Council regarding Palestine, which was held in Cairo, Egypt. Mariam Khalifa Al Kaabi, UAE Ambassador to the Arab Republic of Egypt and Permanent Representative to the Arab League, headed the UAE delegation. In her speech at the Arab League headquarters, Ambassador Al Kaabi …
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23 January
Saif bin Zayed inaugurates 6th session of UMEX/SimTEX 2024
ABU DHABI / WAM Under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, inaugurated the 6th session of the UMEX and SimTEX exhibitions (2024). The exhibitions will run from 23 till 25 January, with participation of 214 companies from …
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23 January
On behalf of UAE President, Shakhboot bin Nahyan heads delegation to Third South Summit of the Group of 77 and China in Uganda
KAMPALA / WAM On behalf of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, headed the UAE delegation to the Third South Summit of the Group of 77 and China, which was inaugurated by Yoweri Museveni, President of the Republic of Uganda. The summit, under the theme ‘Leaving No One …
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23 January
India tops as fourth largest stock market
BLOOMBERG India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor darling while global capital pours out of China. The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close, versus $4.29 trillion for Hong Kong, according to data …
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23 January
Stocks waver with earnings center stage; yen, euro gain
BLOOMBERG European stocks and US equity futures kept to small ranges as investors parsed the latest corporate earnings for insights on the state of the global economy and the impact of supply chain pressures. Rallying miners supported Europe’s Stoxx 600 index as optimism over demand from China pushed iron ore prices higher. Energy stocks rose as crude oil held gains …
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23 January
Hazar Haute Couture set to unveil Autumn-Winter 2024 Bridal Collection in exclusive Trunk Show
DUBAI/ GULF TIME Hazar Haute Couture, the bridalwear brand synonymous with timeless elegance and meticulous craftsmanship, is set to unveil its Autumn-Winter 2024 Bridal Collection, aptly named The Golden Era. The grand reveal will take place at the Hazar Haute Couture Trunk Show on Friday, 19th January 2024. The Golden Era is Hazar’s ode to a new beginning in bridal …
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23 January
DFSK launches the Fengon SUV range for the first time in the UAE powered by Green Motors
DUBAI/ GULF TIME Green Motors, the sole authorized dealer of DFSK introduces a wide range of FENGON SUV cars for the first time in the UAE. The Fengon range of cars were unveiled at the Green Motors showroom in Dubai boasting of rich intelligent configurations powered by DFSK car technology designed to provide you convenience and agility embedded with optimum …
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23 January
ADIB net profit jumps 45% to AED5.25 bn in 2023
ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB) reported a growth in net profit of 45 percent for 2023 to AED5.25 billion from AED3.62 billion in 2022, reflecting a consistent trend of strong growth. Net profit for Q4 2023 reached AED1.5 billion with 29 percent growth versus Q4 2022. In a statement ADIB stated that revenue for 2023 improved by …
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