Mohammed bin Rashid visits ‘World of Coffee 2024’ exhibition

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday visited the third edition of the World of Coffee 2024 exhibition being held at the Dubai World Trade Centre until January 23. During the visit, His Highness said that Dubai continues to consolidate its status as ...

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Danube Properties and DMCC partner to launch USD 545 Million residential project In Thriving JLT District

DUBAI/ GULF TIME Danube Properties, one of the fastest-growing private real estate developers in the UAE, has partnered with Dubai Multi-Commodities Centre (DMCC) the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – to bring a new residential project to its prime location of JLT, the uptown community. The 65-storey twin towers will bring ...

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Hong Kong stocks discount show China gloom

BLOOMBERG A rout in Chinese stocks listed in Hong Kong intensified on Monday, pushing their discount to mainland peers to the deepest in fifteen years in the latest sign of growing pessimism among international investors. The Hang Seng China Enterprises Index fell 2.4%, inching closer to a level last seen almost two decades ago, while the onshore benchmark CSI 300 ...

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Stocks extend advance after Wall Street hit record high

BLOOMBERG European stocks and US futures rose, extending the rally in global equities that pushed the S&P 500 Index to a record-high Friday. Europe’s Stoxx 600 index climbed 0.8% in early trading on Monday, with banking, real estate and tech stocks among those leading the advance. Tech shares led gains in US futures contracts after the S&P 500 rose beyond ...

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UAE President chairs ADNOC Board of Directors Meeting

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan underlined the UAE’s unwavering commitment to comprehensive, sustainable, and integrated economic and social development plans. His Highness highlighted the nation’s dedication to enhancing its capabilities and expertise, diversifying them in the energy sector, considering it the backbone of development efforts and plans, with a simultaneous focus on sustainability ...

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Malta launches Executive Leadership Programme in collaboration with UAE

DUBAI/ WAM The governments of the UAE and the Republic of Malta have announced the launch of the Malta Executive Leadership Programme, inspired by the UAE’s model of government leadership. The announcement was made during a visit by a delegation from the Government Experience Exchange Office (GEEO) at the Ministry of Cabinet Affairs to Valletta, capital of Malta, as part ...

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IPT Energy expands operations in Sharjah with over AED 40 million in UAE energy sector

SHARJAH/ WAM IPT Energy LLC, a prominent leader in the energy sector with origins in Lebanon since 1970, recently expanded its presence in Sharjah by establishing IPT Energy Trading. This new entity actively engages in the importation and trading of refined oil products, petrochemicals, lubricants, and grease. This notable activity, supported by Invest in Sharjah, commemorated IPT Energy’s substantial growth ...

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Sultan bin Ahmed participates in SGEC’s shooting event

SHARJAH/ WAM H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the Sharjah Executive Council (SEC), took part in a shooting event for SEC members organised by the Sharjah Government Employees Club (SGEC) in collaboration with the Sharjah Police Science Academy. Before the start of the shooting event at the academy’s smart ...

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In his capacity as Ruler of Abu Dhabi, UAE President issues law establishing Artificial Intelligence and Advanced Technology Council

ABU DHABI/ WAM In his capacity as Ruler of Abu Dhabi, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has issued a law establishing the Artificial Intelligence and Advanced Technology Council (AIATC). The council will be responsible for developing and implementing policies and strategies related to research, infrastructure and investments in artificial intelligence and advanced technology ...

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