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WASHINGTON/WAM The UAE’s real GDP is projected to remain at 4 percent in 2024, rising to 5.1 percent in 2025, according to the IMF World Economic Outlook (WEO). Released on Tuesday on the sidelines of the 2024 IMF/World Bank Group Annual Meetings, the WEO projected the Middle East and Central Asia economies to grow by 2.4 percent and 3.9 percent ...

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, presided over the swearing-in ceremony of three judges newly appointed to the Dubai Courts. During the ceremony that took place at the Zabeel Palace in Dubai, His Highness Sheikh Mohammed wished the newly appointed members of the judiciary success ...

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said on Tuesday that the UAE continues to reinforce its status as a global economic hub, driven by a strong partnership between the public and private sectors. This collaboration has established the UAE as a model for sustainable economic ...

ABU DHABI/WAM Sanad, the global aerospace engineering and leasing solutions leader, wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), on Tuesday announced the sale of 16 aircraft engines to Etihad Airways, the national carrier of the UAE, a landmark agreement valued at approximately AED 1.5 billion. This transaction, between two of Abu Dhabi’s foremost aviation players, ...

AJMAN / WAM The Ministry of Culture held the first meeting of the Creative Careers Programme on Tuesday, in collaboration with the Emirati Talent Competitiveness Council “Nafis” at the Ajman Cultural Center — Al Jurf. The meeting is considered a first step towards achieving the objectives of the Creative Careers Programme, which aims to upskill Emiratis in the creative, cultural, ...

FUJAIRAH / WAM The inaugural edition of the Fujairah Children’s Book Fair concluded on October 19. The event was organised by the Higher Committee of Fujairah Children’s Book Fair and Fujairah Culture and Media Authority at the Al Bayt Mitwahid Hall in Fujairah. The first edition of the book fair offered a packed cultural agenda featuring more than 87 different ...

SHARJAH / WAM The online training course, entitled “Structural Conservation of Built Heritage,” organised by the ICCROM Regional Centre in Sharjah (International Centre for the Study of the Preservation and Restoration of Cultural Property), kicked off on October 19. The course, which will run from 19th October to 10th November 2024, has attracted 275 participants from 24 countries in the ...

ABU DHABI / WAM Adnoc is developing and empowering top Emirati legal talent within the company through the Adnoc Legal Development Institute (ALDI), a comprehensive programme aimed at offering world-class legal qualifications and work experience. The structured, hands-on training programme, which began in January 2024, supports Adnoc’s broader strategy to foster a knowledge-based economy in the UAE and nurture best-in-class ...

DUBAI / GULF TIME The Dubai Culture & Arts Authority (Dubai Culture) has announced an open session for the public as part of the World Cities Culture Summit 2024 (WCCS). The summit, under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture, will be hosted in Dubai for the first time in ...

ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) announced it has been recognised as the Best Bank for Small and Medium Enterprises (SMEs) in the UAE by the 2025 Global Finance Awards. This accolade highlights ADIB’s commitment to empowering SMEs through tailored financing solutions and innovative platforms that drive business growth. Commenting on the announcement, Amit Malhotra, Global Head ...