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Al ARISH/ WAM An Emirati aid convoy has entered the Gaza Strip this morning via the Egyptian Rafah crossing as part of the “Gallant Knight 3” humanitarian operation to support and relieve the Palestinian people during their current circumstances. The convoy consists of 11 trucks carrying over 240 tonnes of humanitarian aid, including winter clothing, tents, family supplies, food items, ...

ABU DHABI/ WAM EDGE, one of the world’s leading advanced technology and defence groups, and Fincantieri, one of the largest shipbuilding companies in the world, have entered into an agreement aimed at creating a joint venture (JV) to capitalise on global shipbuilding opportunities with a focus on the manufacturing of a broad range of sophisticated naval vessels. EDGE will hold ...

ABU DHABI/ WAM The Emirates Mission to the Asteroid Belt (EMA) team conducted a preliminary design review for the mission and discussed its latest developments, from 19th to 21st February. This is a major milestone for the mission’s production phase as it ensures the mission’s safety and success. Salem Butti Al Qubaisi, Director-General of UAE Space Agency, said, “Today, the ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today welcomed Gianni Infantino, President of the International Federation of Association Football (FIFA), who is visiting the country to attend the FIFA Beach Soccer World Cup tournament, taking place in Dubai. The meeting, held at Qasr Al Bahr in Abu Dhabi, discussed the cooperative relationship between the UAE ...

DUBAI / GULF TIME SonicWall released the 2024 SonicWall Annual Cyber Threat Report, which exposes all types of cyber behaviors and trends from digital adversaries to help partners build data-driven solutions to keep customers safe. 2023 proved to be a year of volatile, adaptive and creative digital threats, as threat actors continue to be relentless in their assault, leaving organizations ...

HANOI / WAM The Vietnam Stock Exchange (VNX) reported revenue of over 1.92 trillion VND ($78.26 million) in 2023, down nearly 44% compared to the previous year, reported Vietnam News Agency (VNA). Of the figure, nearly 1.86 trillion VND, or 97% came from investment activities in the two subsidiary companies — the Ho Chi Minh Stock Exchange (HoSE) and the ...

ABU DHABI / WAM e& announced its consolidated financial results for fiscal year 2023 reporting a record consolidated net profit of AED10.3 billion, a growth of 3 percent year-over-year. Underlining the group’s commitment to value creation for its shareholders, e&’s Board of Directors proposes a dividend of AED0.40 per share for the second half of 2023 representing a total dividend ...

DUBAI / WAM Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the UAE, underscored its pivotal role in fostering sustainable, self-reliant economic growth across key sectors during Global Trade Review MENA 2024 (GTR MENA) at Jumeirah Emirates Towers in Dubai. During the event, EDB highlighted its cutting-edge supply chain finance and trade finance ...

ABU DHABI / WAM Bloom Holding has announced the launch of ‘Seville’, the fifth phase of its fully integrated community in Abu Dhabi, Bloom Living. Inspired by the Mediterranean Spanish architecture, Seville is the first of Bloom’s offerings in 2024. It will feature residential units with premium lakeside views ranging from the community’s first seven-bedroom mansions, three to six-bedroom villas, ...

ABU DHABI / WAM H2O Hospitality (H2O), a South Korean digital innovation company in the accommodation and leisure industry, has established its regional headquarters in Abu Dhabi in collaboration with the Abu Dhabi Investment Office (AdioO). The move highlights the deepening economic cooperation between South Korea and Abu Dhabi which has become increasingly focused on synergies related to innovation and ...