SHARJAH / WAM The University of Sharjah (UOS), through its College of Public Policy, hosted the first Model European Union (Model EU) Simulation Game, under the theme “EU-GCC Digital Cooperation,” in collaboration with the European Union delegation to the UAE and the Centre for Security, Diplomacy, and Strategy (VUB) over two days. This educational initiative aims to empower students and ...
Read More »Registering, creating account first step to access services on ‘Ma’ashi’ platform: GPSSA
ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) has stated that accessing services on the new pension platform, Ma’ashi, which translates to ‘My Pension’, requires initial registration and account creation on the GPSSA platform (www.gpssa.gov.ae) using their Digital ID, in order for employers, insured members, pensioners and beneficiaries to benefit and complete their transactions smoothly. Those ...
Read More »Borouge Q3 2024 net profit jumps 16% YoY to $328mn
ABU DHABI / WAM Borouge Plc has reported a 16% year-on-year (YoY) increase in net profit for the third quarter (Q3) of 2024 to $328 million, beating market expectations, driven by the company’s highest ever quarterly sales and robust pricing for its premium products. The company responded to strong demand from customers in the world’s fastest growing economies for innovative, ...
Read More »Mohammed bin Rashid approves Dubai Government’s General Budget Cycle for 2025-2027
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved Law No (23) of 2024 pertaining to the Government of Dubai’s General Budget Cycle for the fiscal years 2025-2027, and the Dubai Government’s general budget for the fiscal year 2025. The three-year budget cycle for ...
Read More »DAE announces portfolio aircraft acquisition and managed portfolio transactions
DUBAI/WAM Dubai Aerospace Enterprise (DAE) Ltd on Monday announced that it had recently signed an agreement to acquire 10 aircraft for an aggregate consideration of approximately $0.5 billion. The aircraft portfolio is comprised 100 percent of narrow-body, next-generation aircraft on lease to 4 airlines in 4 countries. In addition, DAE has initiated and managed the purchase and sale of equity ...
Read More »AGDA, ECSSR launch UAE-Africa Dialogue to bolster ties, trade
ABU DHABI/WAM The Anwar Gargash Diplomatic Academy (AGDA), the UAE’s leading diplomatic training centre, in partnership with the Emirates Centre for Strategic Studies and Research (ECSSR), has launched the UAE – Africa Dialogue. This initiative brings together experts, scholars, diplomats, legislators and policymakers to discuss avenues to enhance the relations between Sub-Saharan African countries and the Gulf region, with a ...
Read More »Beach Rotana remains one of Abu Dhabi’s most famous beach staycations
ABU DHABI/GULF TIME Beach Rotana, located in the heart of the UAE capital, also right next to Abu Dhabi Mall, is the ultimate beach staycation with plenty of in-room amenities, a private beach, relaxation gateways, and dining options. The property exudes the warmth of traditional Arabian hospitality, particularly inside the lobby area. With 413 rooms, suites and serviced apartments — ...
Read More »ADFD, CAF sign pact to boost development in Latin America
WASHINGTON / WAM Abu Dhabi Fund for Development (ADFD) and CAF – Development Bank of Latin America and the Caribbean—have signed a landmark agreement aimed at enhancing collaboration to promote sustainable economic growth and reduce inequalities in Latin America. The agreement establishes a framework for joint initiatives in project co-financing, investment, and information exchange on the sidelines of the annual ...
Read More »Commercial licences in Ras Al Khaimah grow by 28.6 % in first nine months
RAS AL KHAIMAH / WAM Commercial licences in the emirate of Ras Al Khaimah increased by 28.6 percent, and professional and industrial licences by 25 percent each in the first nine months of the year, according to the commercial performance report issued by the emirate’s Department of Economic Development. The report showed a significant growth of 27 percent in commercial ...
Read More »Masdar, Emsteel complete pilot green steel project
ABU DHABI / WAM Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and EMSTEEL, the UAE’s largest publicly listed steel and building materials company, have announced the successful completion of a pilot project demonstrating the use of green hydrogen to produce green steel. The Abu Dhabi-based pilot project, the first-of-its-kind in the Middle East and ...
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