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ABU DHABI/WAM The Central Bank announced the increase in money supply aggregate M1 by 2.3%, from AED 924.8 billion at the end of November 2024 to AED 946.4 billion at the end of December 2024. The increase was brought about by AED 1.1 billion growth in currency in circulation outside banks and AED 20.6 billion increase in monetary deposits. The ...

DUBAI/ WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, today received Ramadan well-wishers including Directors-General and senior officials of government entities at his Majlis in Nad Al Sheba, Dubai. H.H. Sheikh Hamdan exchanged Ramadan greetings with attendees and reflected on ...

DUBAI / GULF TIME As the holy month of Ramadan approaches, The Coffee Club—where good times, great coffee and classic bites come together—is delighted to introduce its special Ramadan menu. Thoughtfully crafted to bring family and friends together, this year’s offering features a heartwarming Iftar Set Menu with a selection of delicious and wholesome dishes, perfectly blending tradition with fresh, ...

ABU DHABI / GULF TIME AVLU Greek & Turkish Restaurant, Abu Dhabi’s new Aegean-inspired dining destination located in Yas Mall, is celebrating the holy month of Ramadan with an exclusive set menu that showcases the vibrant flavors of Greece and Turkey. Priced at AED 165, this thoughtfully curated menu offers an exceptional blend of flavors and hospitality, inviting guests to ...

ABU DHABI / GULF TIME The Indian Institute of Technology Delhi (IITD), one of the world’s leading universities in engineering, technological innovation, and entrepreneurship, is excited to announce the second session of undergraduate admissions for the Abu Dhabi campus for the Academic Year 2025-26. About IIT Delhi – Abu Dhabi IIT Delhi – Abu Dhabi (IITD AD) represents a visionary ...

ABU DHABI / AD MEDIA OFFICE The annual dividend for Borouge, part of ADNOC Group (ADNOC), has reached 6.7 per cent based on the closing price on March 7 2025, offering strong investor returns and reinforcing the company’s attractive dividend profile. Borouge’s financial results for 2024 underline the petrochemicals company’s resilience and profitability, with net earnings of AED4.5 billion ($1.24 ...

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering ...

ABU DHABI/WAM Space42, and Viasat, Inc signed a memorandum of understanding to explore ecosystem partnership options for developing a 5G Non-Terrestrial Network (NTN) initiative. This collaboration between Space42 and Viasat is a major step towards expanding global satellite connectivity, enabling both companies to address the growing opportunities in direct-to-device (D2D) satellite communications to smartphones, narrowband Internet of Things (NB-IoT), as ...

SHARJAH/WAM In a concerted effort to enhance the nation’s environmental resilience, the Ministry of Climate Change and Environment (MOCCAE) and the University of Sharjah (UOS) have signed a landmark memorandum of understanding (MoU), heralding a new era of collaboration. The memorandum, executed at the university;s Sharjah campus, seeks to seamlessly integrate the ministry’s policy initiatives with the university’s formidable scientific ...

PARIS/WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met with Jean-Noël Barrot, Minister for Europe and Foreign Affairs of France. During the meeting, which took place as part of His Highness’ official visit to Paris, the two top diplomats focused on the strategic relations between the UAE and France and ways to ...