DAE signs long-term leases for 10 Boeing 737-8 aircraft with Turkish Airlines

DUBAI / WAM Dubai Aerospace Enterprise (DAE) today announced that it has reached an agreement with Turkish Airlines for the lease of 10 new Boeing 737-8 aircraft. The aircraft are scheduled to be delivered in 2025. Commenting on the agreement, Firoz Tarapore, Chief Executive Officer of DAE, said, “We are delighted to further deepen our already strong and long-term relationship ...

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UAE National Olympic Committee, Albanian counterpart discuss enhancing cooperation

DUBAI / WAM The United Arab Emirates and Albania explored avenues for stronger collaboration in support of the Olympic movement during a meeting between officials from both nations. Fidel Ylli, President of the Albanian National Olympic Committee, met with UAE National Olympic Committee (UAE NOC) Board members, including Major General Dr. Mohammed Al Murr, Ahmed Abd El Malik, Qais Al-Dhalai, ...

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Stocks make cautious start as investors look for rate updates

BLOOMBERG Markets opened the week on a cautious note as investors readied for central bank updates on the outlook for interest rates and braced for a deluge of earnings. Oil prices rose amid escalated tensions. Europe’s Stoxx 600 index held near the highest level since January 2022, supported by rallying energy shares. Futures contracts for the S&P 500 and the ...

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Beijing tightens securities lending rule to support stock market

BLOOMBERG China will halt the lending of certain shares for short selling from Monday, the securities regulator announced, in a move to support the country’s slumping stock markets. Strategic investors won’t be allowed to lend out shares during agreed lock-up periods, the Shanghai Stock Exchange and Shenzhen Stock Exchange said in separate releases following the China Securities Regulatory Commission’s statement. ...

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LIDE International Group launches its operations in the United Arab Emirates

DUBAI/ GULF TIME In its effort to enhance international communication, drive innovation, and promote economic development, hosted by LIDE group an exceptional global event in the United Arab Emirates, from the city of Dubai, under the slogan “LIDE Emirates”. In the presence of Excellency Abdullah bin Touq, Minister of Economy In which this event brought together a summit of entrepreneurs and leaders ...

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Sheikh Hamdan launches AED500m Dubai International Growth Initiative to accelerate global expansion of SMEs

  DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched the ‘Dubai International Growth Initiative’, allocating AED500 million to accelerate the expansion of small and medium-sized enterprises (SMEs) established in Dubai into global markets. The initiative was launched by the Government of Dubai in partnership with ...

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Mohamed bin Zayed University to organise conference on philosophy

ABU DHABI / WAM The Philosophical Studies Centre at the Mohamed bin Zayed University for the Humanities has announced its second international conference on philosophy. Titled “Philosophy and the Challenge of Theoretical and Social Progress,” the event will run from February 6-7, bringing together prominent thinkers and academics from around the world. Some 62 researchers, affiliated with 35 universities and ...

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SCC approves draft response to Sultan Al Qasimi speech

SHARJAH / WAM The Sharjah Consultative Council (SCC) has approved a draft during its third meeting of the first regular session of the eleventh legislative chapter. This draft was submitted by a committee formed to respond to a speech made by HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, during the opening session ...

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