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ABU DHABI/WAM HSBC has announced its plans to establish a Centre of Excellence in Al Ain. This strategic initiative, launched in partnership with the Abu Dhabi Department of Economic Development (ADDED), is aligned with the UAE and Abu Dhabi government’s vision to develop local talent and increase the employment of UAE nationals in the financial sector. Set to be operational ...

ABU DHABI/WAM The Federal Tax Authority (FTA) has announced the intellectual property registration of the “Muwafaq” package, which has been specifically developed to support small and medium-sized enterprises (SMEs) in the UAE. The authority highlighted that the package seeks to create a significant step forward in fostering innovation within the tax system and delivering comprehensive solutions that align with market ...

DUBAI/WAM The Global Privacy Assembly (GPA) has announced that Dubai International Financial Centre (DIFC) has been selected to host the GPA conference in 2026. The Global Privacy Assembly is an international group, established in 1979 as the premier global forum for data protection and privacy authorities. The assembly comprises leading global Information and privacy authorities and commissioners. It is an ...

DUBAI/GULF TIME In a grand event at Gulfood 2025 in Dubai, Al Esely Group celebrated its 35th anniversary, marking a journey of remarkable achievements and leadership in meat trading, fruits, and import-export. The celebration showcased the group’s ambitious vision for the future, extending to 2035, and attracted a distinguished audience of global business leaders and prominent personalities, further cementing its ...

RAS AL KHAIMAH/WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received at his palace in the Saqr bin Mohammed City, Federico J. González, Executive Vice Chairman of Radisson Hotel Group. Raki Phillips, CEO Of Ras Al Khaimah Tourism Development Authority, attended the event. During the meeting, H.H. Sheikh Saud reviewed the ...

ROME/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan attended a dinner banquet hosted by His Excellency Sergio Mattarella, President of the Italian Republic, in honour of His Highness and the accompanying delegation as part of His Highness’ state visit to Italy. His Excellency President Sergio Mattarella welcomed His Highness, underscoring the depth of relations between the two ...

ABU DHABI/WAM Etihad Airways announced its results for the full year 2024, recording strong performance across all key metrics with an AED1.7 billion (US$476 million) profit after tax driven by AED20.8 billion (US$5.7 billion) passenger revenue and AED4.2 billion (US$1.1 billion) Cargo revenue, alongside significant operational efficiency improvements. The airline carried 18.5 million passengers last year, a 32 percent increase ...

DUBAI/GULF TIME Dubai’s reputation as a magnet for luxury living and exclusivity continues to soar as international football star Aymeric Laporte becomes the latest global icon to acquire a luxury penthouse in the iconic Bugatti Residences by Binghatti. Laporte is the third international celebrity to own a penthouse in Bugatti Residences by Binghatti, following legendary global opera singer Andrea Bocelli ...

ABU DHABI/WAM Amid rapidly evolving global trends, the UAE has emerged as one of the world’s most innovative and future-ready nations, positioning itself to lead the future economy. The country is building an unprecedented economic model that blends innovation with global competitiveness, driven by a strategic vision based on advanced technology, sustainability, and economic diversification. The UAE’s vision for the ...

TIRANA/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Edi Rama, Prime Minister of the Republic of Albania, discussed ways to enhance bilateral relations and expand cooperation, particularly in key sectors such as the economy, trade, renewable energy, food security, and technology. The discussions took place in Tirana during His Highness the UAE President’s working ...