‘My dear friend’: Sheikh Mohammed congratulates King Charles III on coronation

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has extended his congratulations to the newly crowned King Charles III on Saturday. Charles III was officially crowned king in the first coronation in Britain since 1953. Sheikh Mohamed took to Twitter to publicly congratulate him. “Congratulations to my dear friend His Majesty […]

Wizz Air Abu Dhabi launches big recruitment drive

Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, is launching an ambitious recruitment drive with a Go Pink campaign, in response to the continuous regional growth of the airline. Wizz Air Abu Dhabi is a joint venture between ADQ, one of the region’s largest holding companies with a broad portfolio of major […]

UAE: Humanitarian organisations to support Sudanese nationals unable to return home

Dubai’s Islamic Affairs and Charitable Activities Department and the Mohammed bin Rashid Al Maktoum Charity and Humanitarian Establishment announced that they have joined hands to support Sudanese nationals in the UAE who were unable to complete their journey back to Sudan due to the ongoing conflict in their country. The announcement was made in response […]

Dubai developer Nakheel launches Como Residences on Palm Jumeirah

based master developer Nakheel has launched Como Residences, a new residential development on Palm Jumeriah. The 71-storey residential tower is over 300 metres tall and features an innovative design that ensures each residence can take full advantage of the 180° to 360° views of Dubai and the Arabian Sea, the developer said in a statement. Como […]

Dubai Islamic Bank to acquire 25% stake in Turkey digital bank

  Dubai Islamic Bank, the UAE’s largest Islamic lender, said on Wednesday its board of directors has approved a proposal to acquire 25% stake in a new digital banking group in Turkey in line with its international expansion strategy. The Dubai Financial Market-listed lender in a regulatory statement on Wednesday neither named the digital bank […]

Abu Dhabi’s Aldar Properties posts 22% jump in Q1 2023 net profit

The UAE developer Aldar Properties posted a 22% increase year-on-year (YoY) in Q1-2023 net profit to 836 million dirhams ($228 million), and said it expects “robust real estate market dynamics” to sustain through 2023. The net profit easily topped analysts’ mean estimate of AED747.7 million, according to data compiled by Refinitiv’s Eikon. Group revenue for […]

Dar Global awards $32mln fit-out contract for Da Vinci Tower in Dubai

Dar Global, the global arm of Saudi developer Dar Al Arkan, has awarded a fit-out works for 800 million UAE dirhams ($217.86 million) Da Vinci Tower in Business Bay to Shapoorji Pallonji Mideast. The contract is valued at AED 116 million ($31.59 million). “Awarding the fit-out works follows a rigorous selection process,” the LSE-listed Dar […]

DIFC to host inaugural Dubai FinTech Summit next week

  Dubai is set to host the first-ever Dubai FinTech Summit on 8th and 9th May under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance. The Summit will be organised by Dubai International Financial Centre (DIFC) at Madinat Jumeirah and […]

Sharjah’s ‘Cows Project’ sets it apart: Sharjah Ruler

H.H. Dr. Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, said via the direct line programme on Monday that the cattle project that will be launched in Sharjah has no equivalent in the world. He stressed that “the cows project”, which will be launched in Sharjah, will include cows that […]

UAE’s Jaber urges donors to deliver on $100 bln pledge to developing countries

The UAE’s president-designate of the COP28 climate summit urged donors to deliver on a $100 billion pledge promised 14 years ago to developing countries and blamed delays in delivery for hindering climate action. “Expectations are high. Trust is low,” Sultan al-Jaber told the Petersberg Climate Dialogue in Berlin on Tuesday. “This is holding up progress […]