Ajman Bank Receives BBB+ Fitch Rating with Stable Outlook
Fitch Ratings has affirmed Ajman Bank PJSC’s (AJB) Long-Term Issuer Default Rating (IDR) at ‘BBB+’ with a Stable Outlook and Viability Rating (VR) at ‘b+’. Commenting on the achievement, Mr. Mustafa Al Khalfawi, Group CEO of Ajman Bank, said, “We are proud to receive the ‘BBB+’ rating from Fitch, one of the world’s leading credit […]
Businesses from the Middle East and Eurasia account for 32% of SMEs attracted by Dubai International Chamber during 2023
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that 32% of the total number of Small and Medium-sized Enterprises (SMEs) attracted to Dubai during 2023 were from the Middle East and Eurasia, with Asia and Australia following close behind at 29%. The growing number of SMEs […]
UAE government, ICAO launch Global Accelerator Ambassador Programme
The UAE government launched the Global Accelerators Ambassadors Programme, a-first-of-its-kind project exhibiting cooperation between the Government Accelerators and international organisations. The first cohort started in collaboration with the International Civil Aviation Organisation (ICAO), aiming to share the UAE government accelerators methodology and empower the international organisations taskforces with the knowledge, experience, and tools needed to […]
Security Council passes resolution demanding ‘an immediate ceasefire’ in Gaza during Ramadan
The UN Security Council on Monday passed a resolution demanding an immediate ceasefire in Gaza for the month of Ramadan, the immediate and unconditional release of hostages and “the urgent need to expand the flow” of aid into Gaza. In the substantive vote, there were 14 in favour, with the US abstaining, according to UN […]
Free international calls from Dubai Metro to its users during Ramadan
Dubai Metro’s ‘We Bring You Closer’ Initiative Enables Free Global Connections for Commuters During Ramadan Dubai Metro users are now experiencing the joy of seamless communication with their loved ones worldwide, courtesy of the newly installed phone booths strategically positioned within metro stations. As part of the #RTA’s visionary ‘We Bring You Closer’ initiative, these […]
Mohammed bin Rashid honours winners of the Dubai Government Excellence Awards 2024
His Highness: I am proud of the Government of Dubai for its continual pursuit of excellence and its culture of healthy competition, which ultimately benefits the people it serves Today, the Government of Dubai represents a global model, and we have ambitions in line with our society’s expectations to further enhance government work • Entities […]
Samana Developers to Pump Dh12.5 billion in Dubai projects, focusing Waterfront Developments
Dubai-based Samana Developers today announced it will invest Dh12.5 billion ($3.4 billion) investment in new residential projects in Dubai over the rest of the year 2024. In addition, the company will award 18 construction contracts this year. Samana is expanding its portfolio to the waterfront developments which will further push Samana’s position as a top […]
Emirates wins ‘Best Inflight Entertainment Award’ globally at the 2024 Airline Excellence Awards
This week Emirates was crowned the global winner of the ‘Best Inflight Entertainment Award’ in Airline Ratings 2024 Airline Excellence Awards, announced online. Emirates scooped the top award for inflight entertainment from an extensive finalist list of global airlines, due to its whopping 6,500 channels of high quality and acclaimed content, the world’s largest entertainment library in the […]
The “Noble Number” charity auction in Dubai, supporting the “Mother’s Endowment” campaign, raised over 38 million dirhams.
The auction proceeds will entirely support the “Mother’s Endowment” campaign to contribute to implementing educational projects in the most needy communities. The auction included the sale of 31 distinguished numbers, including 10 special numbers for vehicle plates belonging to “Dubai Roads,” 10 phone numbers for “du,” and 11 numbers for “&e Communications.” The sale included […]
Hamdan bin Mohammed approves salary increases for Imams and muezzins serving Islamic Affairs and Charitable Activities Department in Dubai
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, has ordered salary increases for Imams and muezzins serving […]