Under directives of Mohammed bin Rashid, Sheikh Hamdan approves AED152m in bonuses to civilian employees of Dubai Government entities

DUBAI / WAM Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, has approved the distribution of performance-based bonuses totalling AED152 million to civilian employees of Dubai Government ...

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Apple ramps up Vision Pro production, aiming for launch by February

BLOOMBERG Apple Inc is ramping up production of the Vision Pro mixed-reality headset, setting the stage for a launch by February, according to people with knowledge of the matter. Production of the new headset is running at full speed at facilities in China and has been for several weeks, according to the people, who asked not to be identified because ...

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Shorting dollar is gaining favour after Fed’s pivot

BLOOMBERG Betting against the dollar is growing in popularity after the Federal Reserve upended markets by signalling the end of its monetary tightening campaign. Non-commercial traders — a group that includes hedge funds, asset managers and other speculative market players — boosted their bearish bets on the greenback, according to CFTC data compiled by Bloomberg. More than 39,000 contracts are ...

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UAE provides 100 tonnes of food supplies through World Food Programme to support Sudanese refugees in South Sudan

ABU DHABI/ WAM On Thursday, the UAE dispatched a plane to the Republic of South Sudan carrying 100 tonnes of food supplies to provide essential humanitarian needs to the Sudanese refugees in South Sudan. Sultan Al Shamsi, Assistant Minister of Foreign Affairs for International Development Affairs, highlighted that sending aid to the Republic of South Sudan through the World Food ...

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Mohammed bin Rashid issues Decree regulating farms in Dubai

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, issued Decree No. (61) of 2023 regulating farms in Dubai. The Decree is aligned with Dubai’s food security strategy and its commitment to ensuring the highest public health and safety standards. The Decree focuses on several key areas including maintaining the integrity and ...

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UAE to host FEI’s inaugural Longines League of Nations series qualifier: UAE Equestrian and Racing Federation President

ABU DHABI/WAM Major General Dr. Ahmed Nasser Al Raisi, President of the UAE Equestrian and Racing Federation, said the UAE has won the bid to host one of the qualifiers of the International Federation for Equestrian Sports’ (FEI) inaugural Longines League of Nations series for the next four years, featuring the world’s top ten jumping teams. The FEI’s new series ...

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