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ECI sees 26% jump in value of non-oil insured turnover in ’22

ABU DHABI / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, held its first Board of Directors meeting in 2023, chaired by Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Board at the company’s headquarters in Dubai. The meeting discussed broader alignment to the initiatives outlined under the “We in the UAE 2031” ...

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Dihad 2023 records over 12,000 visitors to support humanitarian work in Dubai

DUBAI / WAM The Dubai International Humanitarian Aid and DevelopmentConference and Exhibition (Dihad 2023) concluded its 19th edition yesterday under the theme: “Energy and Aid, Capitalising on Available Resources.” More than 828 leading local and international humanitarian NGOs, charities, aid suppliers, and many more gathered at the Dubai World Trade Centre (DWTC) for three days to discuss solutions for critical ...

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Emirates unveils new signature livery for its fleet

DUBAI / GULF TIME The distinctive livery of the world’s largest international airline, Emirates, has undergone a refresh. Sir Tim Clark, President Emirates Airline said: “Aircraft livery is the most instantly recognisable brand real estate for any airline. It’s a visual representation of our unique identity, something we wear proudly, and display in all the cities we fly to around ...

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Capital Club Dubai marks 15 years as region’s only private business club

DUBAI / GULF TIME Capital Club Dubai will be celebrating its 15th anniversary on March 17, 2023 as the region’s sole private business club. This remarkable milestone is a testament to the club’s commitment to providing its members with exceptional services, experiences, and networking opportunities over the years. Supported by prestigious names such as Rocco Forte Hotels, Citi, and IRAM ...

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“I don’t believe in Women’s Day!”

Madiha Bee That’s right, I said it. Don’t get me wrong, I’m a woman who loves being a woman, who has coached hundreds of women, and of course, who loves being celebrated— but the reason I say “no” to women’s day (cheekily) is because for me, every day is women’s day. And trust me, I have a robust argument for ...

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AD Ports signs deal for new terminal in Pointe Noire Port

ABU DHABI / WAM AD Ports group signed on Wednesday a head of Terms (HoT) with the Ministry of International Cooperation and Promotion of Public Private Partnership of the Republic of Congo, for a new multipurpose terminal in Pointe-Noire. Under the HoT, AD Ports group has the exclusive right to invest in the development, operation, and management of the “New ...

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Islam’s message of compassion, peace inspired the world: UN chief

NEW YORK / WAM The Secretary-General of the United Nations (UN), António Guterres, has emphasised that Islam’s message of peace, compassion, and grace has inspired people worldwide for over a millennium. In his statement on the International Day to Combat Islamophobia, which is observed on March 15, Guterres called for attention and action to eliminate the poison of anti-Muslim hatred. ...

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UAE, India central banks to boost financial products

ABU DHABI / WAM Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the UAE, and Hub71, Abu Dhabi’s global tech ecosystem, have co-hosted the ‘Hub71 FinTech Pitch Day’ at the EDB Business Lab Abu Dhabi to support and explore growth opportunities for Hub71’s leading fintech startups. Nine Hub71 fintech startups presented advanced ...

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Tecom approves AED200m cash dividend for H2 2022

DUBAI / WAM Tecom Group has approved the group’s financial statements for the year ended on December 31 2022. The Board of Directors approved to distribute a cash dividend of AED200 million in April 2023, bringing the total amount of dividend distributions for the second half of 2022 to AED400 million. The announcement came during the Annual General Assembly Meeting ...

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