‘Autoworld’ to invest AED45 million in new Jafza facility

DUBAI / WAM Autoworld International FZCO, the regional distributor for India’s Bajaj Auto Ltd, has announced an investment of AED45 million to develop a new logistics and distribution hub in the Jebel Ali Free Zone (Jafza). The facility will enhance Autoworld’s ability to serve rapidly growing markets across Africa and the Middle East. The agreement was officially signed in the ...

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Mubadala announces agreement to invest in Loscam International

ABU DHABI / WAM Mubadala Investment Company announced its agreement to acquire a 30 percent stake in Loscam International, a provider of pallet pooling and returnable packaging solutions across the Asia-Pacific region. Mubadala will join the existing shareholder group alongside Trustar Capital, the private equity affiliate of CITIC Capital Holdings Limited; FountainVest, one of Asia’s leading independent private equity firms; ...

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UAE President, VPs congratulate President of Rwanda on Independence Day

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Paul Kagame of the Republic of Rwanda on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al ...

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Dubai real estate highest-ever H1 sales, exceeding AED 326 billion

DUBAI / GULF TIME W Capital ,Dubai’s leading real estate brokerage , announced that the emirate’s real estate market recorded exceptional sales during the first half of this year, exceeding AED 326 billion, amid continued strong momentum and high levels of local and foreign demand. The company’s findings  depended on official data issued by the Dubai Land Department, which showed ...

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Cabinet approves appointment of Saeed Mubarak Rashid Al Hajeri as Chairman of Board of Directors of Emirates Drug Establishment

ABU DHABI / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today announced the appointment of Saeed Mubarak Rashid Al Hajeri as Chairman of the Board of Directors of the Emirates Drug Establishment. Al Hajeri brings a wealth of experience and expertise to this critical role. ...

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UAE leaders congratulate President of Congo on Independence Day

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Félix Tshisekedi of the Democratic Republic of the Congo on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...

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Abu Dhabi population in 2024 grows 7.5% to reach 4.14 million

ABU DHABI/WAM New data released by the Statistics Centre – Abu Dhabi (SCAD) showed that Abu Dhabi achieved a 7.5 percent growth in population in 2024, reaching a total of 4,135,985 people. This growth rate substantially exceeds that of established international financial centres, reflecting Abu Dhabi’s strengthened position as a preferred destination for international professionals, investments, and businesses. The emirate’s ...

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Zayed University joins Digital Education Council

ABU DHABI/WAM Zayed University (ZU) has joined more than 90 leading institutions worldwide as a member of the Digital Education Council (DEC), a global community dedicated to advancing AI literacy, responsible digital transformation, and innovation in education. ZU is the first university from the UAE to join the DEC, marking a significant milestone in the universities strategic vision to equip ...

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UAE President offers condolences on passing of Mohammed Mubarak Al Mansoori

AL AIN/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today offered his condolences on the passing of Mohammed Mubarak Ali Al Salmeen Al Mansoori, along with his son and daughter, during a visit to the family’s condolence majlis in Al Ain. His Highness offered his sincere condolences to the family, praying for God to grant the deceased ...

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