UAE President, Interim Prime Minister of Bangladesh discuss bilateral relations
President His Highness Sheikh Mohamed bin Zayed Al Nahyan congratulated His Excellency Professor Muhammad Yunus on assuming his new duties as the Chief Adviser of the interim government of the People’s Republic of Bangladesh. His Highness expressed his hope that Muhammad Yunus’ leadership would bring prosperity to his country and people. His Highness also underscored […]
Emirates Group celebrates Emirati women’s dedication to growth of UAE’s aviation industry
The Emirates Group celebrated the contributions of Emirati women, and the vital work they do to advance excellence across aviation and travel in the UAE. A press release issued by the group on Wednesday highlighted that Emirati women are forging their career paths across a variety of business functions at the Emirates Group and building […]
Salik announces financial valuation of two new gates at total of Dh2,734 million
Salik Company, Dubai’s exclusive toll gate operator, has announced the combined valuation of the two new toll gates at Business Bay and Al Safa South. These two new gates have been valued at a total of Dh2,734 million, with the Business Bay Gate valued at Dh2,265 million and the Al Safa South Gate valued at […]
Dubai Centre for Family Businesses publishes new ‘Family Office Toolkit’
The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has issued a new toolkit highlighting the important role of Family Offices. The guide provides a detailed overview of governance structures for Family Offices, identifies their specializations, and introduces their services and main benefits. As part of the toolkit, the center […]
UAE President: We honour the women of the UAE for their role in shaping our nation’s ongoing progress
President His Highness Sheikh Mohamed bin Zayed Al Nahyan said the UAE’s journey of development would not have been possible without the tireless dedication of determined and inspirational women. His Highness Sheikh Mohamed bin Zayed posted on “X”, formerly Twitter: “On Emirati Women’s Day, we honour the women of the UAE for their role in […]
UAE President, VPs congratulate President of Moldova on Independence Day
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Maia Sandu of Moldova on the occasion of her country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al […]
UAE government surplus soars to Dh23.5 billion in Q1 2024
The consolidated financial account surplus of the UAE government increased to Dh23.5 billion in the first quarter of 2024, equivalent to 24% of total expenditures. This increase was driven by significant growth in government revenues generated from taxes, according to statistical data released by the Ministry of Finance (MoF). The data revealed that total tax […]
Dh1 billion worth transactions traded at ADX
Abu Dhabi Securities Exchange (ADX) reported total transactions worth over Dh1 billion on Monday. The general index of the ADX (FADGI) fell by a marginal 0.19% to close at 9,356 points. The market witnessed 19,225 trades, involving 268 million shares with a total value of over Dh1 billion. The trading session saw prices of 37 […]
Businesswomen make up 18% of all entrepreneurs in UAE
Businesswomen in the UAE continue to achieve exceptional milestones that contribute to strengthening the national economy while providing innovative solutions for the community. The number of businesswomen and their economic contributions, supported by government and societal backing, have steadily increased over recent years, enhancing the UAE’s status as a leading destination for women’s empowerment and […]
Mubadala co-invests in UCB’s mature business in China
Mubadala Investment Company announced on Monday that in partnership with CBC Group, Asia’s largest healthcare-dedicated asset management group, it has acquired 100 percent ownership in the carve-out of UCB Pharma’s mature business in China. UCB, a global biopharmaceutical company headquartered in Belgium, occupies a market-leading position in the strong and expanding immunology, neurology and rare […]