UAE President receives phone call from Saudi Crown Prince
President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call from His Royal Highness Prince Mohamed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense of the Kingdom of Saudi Arabia. Prince Mohamed congratulated Sheikh Mohamed, and the people of the UAE on his election as […]
Mohamed bin Zayed: Ambitious economic vision for UAE Centennial 2071
Under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE will unswervingly continue to implement its comprehensive strategy and vision to build a sustainable knowledge-based economy that ensures a prosperous future for generations to come. In this report, the Emirates News Agency (WAM) sheds lights on the economic vision of […]
Federal Supreme Council elects Mohamed bin Zayed as UAE President
The Federal Supreme Council today unanimously elected His Highness Sheikh Mohamed bin Zayed Al Nahyan as President of the United Arab Emirates. The Council held a meeting today at Al Mushrif Palace in Abu Dhabi, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The meeting […]
Sheikh Mohamed bin Zayed Al Nahyan, a leader who guided UAE sports to new heights
His Highness, The President Sheikh Mohamed bin Zayed Al Nahyan has always demonstrated passion and a keen understanding of sport, characteristics that have helped put Abu Dhabi at the forefront of the rapidly expanding sporting scene in the UAE. Sheikh Mohamed carries forward the legacy of the late Sheikh Khalifa bin Zayed Al Nahyan and […]
Sheikh Mohamed bin Zayed: A champion for people of determination
The Special Olympics World Games Abu Dubai 2019 laid the foundation for the legacy of inclusion and a more unified future. By hosting the 10-day event in March of 2019, His Highness Sheikh Mohamed bin Zayed Al Nahyan promoted empowerment and inclusion for people of determination. Held during the Year of Tolerance, the Games broke […]
DGCX sees strong activity in April; records $12.3bln trade
Dubai Gold and Commodities Exchange (DGCX) said significant geo-political events, rising oil prices and inflation, as well as anticipated hikes in interest rates continued to drive its strong trading activity in April. The group recorded a high monthly Average Open Interest (AOI) of 123,368 contracts – and registered trades worth $12.31 billion. Activity for the […]
Vodafone says it looks forward to long-term relationship with UAE telecoms group e&
Vodafone said on Saturday that it looked forward to building a long-term relationship with Emirates Telecommunications Group Company PJSC, now known as e&, after it announced it had acquired a 9.8% stake in the mobile operator. “Vodafone Group Plc has been informed by Emirates Telecommunications Group Company (‘Etisalat’) of its shareholding in Vodafone and notes […]
Air Arabia Abu Dhabi starts its seasonal flights to Tbilisi
Air Arabia Abu Dhabi has announced the start of its seasonal flights to Tbilisi, the capital of Georgia, starting from 16th June 2022. Abu Dhabi travellers will now be able to fly directly to Tbilisi International Airport with three weekly flights. Air Arabia Abu Dhabi is currently serving 23 routes since the launch of the […]
Dubai’s Shuaa Capital Q1 net profit falls due to asset write-down
Dubai-based investment bank Shuaa Capital has posted a drop in Q1 2022 net profit after writing down intangible assets worth 31 million dirhams ($8.4 million). Attributable net profit for the period fell to 5.6 million dirhams, compared to 24.9 million posted in the year-ago period last year, the company said in a statement on Thursday […]
RAK Ceramics posts solid Q1 results, revenue surges to $231mln
RAK Ceramics, one of the world’s largest ceramics brands based in Ras Al Khaimah, has reported a total revenue of AED783.1 million ($213 million, up 8.3% over the same period last year despite the ongoing economic challenges weighing in namely on input prices, energy costs and supply chain. Announcing its financial results for the first […]