BLOOMBERGÂ UBS Group AG plans to retain a few hundred Credit Suisse private bankers in the Asia Pacific region, bringing its total to more than 1,200 in one of the few areas spared from deep cuts, according to people familiar with the matter. The move is being driven by global wealth chief Iqbal Khan, who is betting Asia will continue ...
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June, 2023
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14 June
Toyota soars on optimism over EV plans
BLOOMBERG Toyota Motor Corp posted its biggest two-day gain in three years, fuelled by an aggressive messaging campaign around the Japanese carmaker’s electric-vehicle strategy, a drama-free shareholders’ meeting and a broader global stock rally. Shares in the world’s largest carmaker are up 12%, their biggest jump since March of 2020, with the reappointment of Chairman Akio Toyoda adding to the ...
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14 June
Arm courts Intel as anchor investor in upcoming IPO
BLOOMBERGÂ Arm Ltd, the chip designer backed by SoftBank Group Corp, is in talks with potential strategic investors including Intel Corp to anchor what will be one of the largest initial public offerings of the year, people familiar with the matter said. UK-based Arm has held talks with other companies about participating in the IPO, according to the people, who ...
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14 June
UAE President receives distinguished scholarship programme graduates
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan welcomed a delegation of accomplished graduates from the scholarship programme organised by the Ministry of Education. The meeting took place at Qasr Al-Bahr, where His Highness expressed his congratulations to the graduates for their outstanding achievements and commended their dedication and commitment to excellence throughout their academic journey. His ...
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14 June
UAE President receives Sinan Al-Awsi
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received today at Qasr Al-Bahr the Iraqi engineer, Sinan Al-Awsi, who is currently residing in the UAE. Recognizing Al-Awsi’s exemplary community initiative of planting and nurturing trees on one of Abu Dhabi’s streets, His Highness applauded his efforts and expressed appreciation for such benevolent initiatives. His Highness reiterated that ...
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14 June
UAE President meets with Transitional President of Chad to discuss bilateral relations
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday met with Mahamat Idriss Deby Itno, the Transitional President of the Republic of Chad, to discuss bilateral relation and opportunities for further cooperation. The two leaders discussed various regional and international issues, and stated their shared belief in the importance of dialogue to promote stability and ...
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13 June
UAE President sends letter to his Sri Lankan counterpart with invitation to COP28
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a written letter to Ranil Wickremesinghe, President of Sri Lanka, which included an invitation to the Conference of the Parties to the UN Framework Convention on Climate Change (COP28), which will be held in the UAE this November. The letter was delivered by Khaled Nasser ...
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13 June
DP World celebrates supply chain management diploma
DUBAI / WAM DP World celebrated the completion of the Netherlands-based Rotterdam School of Management Supply Chain Management (RSM SCM) diploma by 17 Emiratis. The diploma followed an 18-month study of eight modules at one of Europe’s most prestigious business schools as part of their ongoing “20Xel Leaders Programmeâ€, taking the best parts of a master’s degree in a hybrid ...
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13 June
Next ‘A Call from Space’ event with Sultan AlNeyadi set to be held in RAK
DUBAI / WAM The Mohammed bin Rashid Space Centre (MBRSC), in partnership with the General Secretariat of Ras Al Khaimah’s Executive Council, will hold the next edition of ‘A Call from Space’, an exclusive event featuring Emirati astronaut Sultan AlNeyadi, in Ras Al Khaimah on June 14 at 2 pm. The sixth installment in the series will take place at ...
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13 June
Dubai wins bid to stage Critical Communications World 2024
DUBAI / WAM Professional Communication Corporation (Nedaa), the exclusive Secure network provider for the Government of Dubai, has announced that Dubai has won its bid to host next year’s Critical Communications World (CCW), the leading global conference and exhibition for the critical communications sector. Dubai was chosen as the host city having been selected as the outstanding candidate in a ...
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