Mohammed bin Rashid attends final day of Al Marmoom Heritage Festival for Camel Racing
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today (Wednesday) attended the final day of the Al Marmoom Heritage Festival for Camel Racing at Al Marmoom Camel Racetrack. During his visit, His Highness Sheikh Mohammed bin Rashid watched the Zillal and Zumool challenges. […]
5th Ramadan Heroes supports 224,000+ beneficiaries in two weeks
The fifth edition of the Ramadan Heroes initiative witnessed a significant response from community members, truly reflecting the essence of the initiative. In collaboration with talabat UAE and the Emirates Red Crescent Authority, Dubai Culture and Arts Authority (Dubai Culture) is proud to announce the success of this humanitarian endeavour, which has garnered over contributions […]
RTA completes new generation of integrated services
Dubai’s Roads and Transport Authority has accomplished phase one of the new generation of integration services to achieve the vision of the (360 services) policy, aimed at developing services to be proactive, seamless, integrated, remotely accessible and automated. RTA has made extensive efforts to upgrade its service channels by encouraging digital adoption to enable self-service […]
Dutco and Ellington Properties commence construction of AED 1.2 billion development, One River Point
Dutco and Ellington Properties today announced the ground-breaking of their luxury waterfront residential development, One River Point, in Business Bay. Following soon after its launch, the start of construction underscores the commitment to timely delivery of aspirational addresses offering resort-like amenities and a curated lifestyle to create long-term value for their customers. This project is […]
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 […]
Ahmed bin Mohammed chairs Dubai Media Council meeting, discusses need for policies to keep sector future-ready
His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, said the rapidly changing local and international media landscape calls for a swift overhaul of organisational structures, regulations and legislations relating to the media sector in Dubai so as to keep pace with […]
Hamdan bin Mohammed witnesses the signing of an agreement to build an educational complex worth 600 million dirhams as part of the ‘Umm’ endowment
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, witnessed the signing of an agreement between Mohammed bin Rashid Global Initiatives and Azizi Development Company, through which the company donates to build an educational complex worth 600 million dirhams as part of […]
Mubadala invests in Avanse Financial Services to make more academic dreams a reality in India
Mubadala Investment Company (“Mubadala”), the Abu Dhabi based investment company announced today that it is investing in Avanse Financial Services Ltd. (Avanse), India’s new age, technologically advanced, education-focused non-banking financial company (NBFC). Mubadala led this round of funding through its affiliate Alpha Investment Company LLC with participation from Avendus PE Investment Advisors Private Limited via […]
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 […]