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 […]

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 […]

Abu Dhabi bourse announces its first green bond listing

The Abu Dhabi Securities Exchange (ADX) announced on Thursday the listing of its first green bond, which is expected to contribute to the UAE’s efforts towards a net-zero future in 2050. The $700 million fixed-rate amortising senior secured green bonds were issued by solar energy firm Sweihan PV Power Company (SPPC), which operates Noor Abu […]

Ministry of Defence amends national service term: UAE

The national service term for male recruits – holding a high school diploma or its equivalent and above – has been shortened to 11-month, and for those who didn’t finish their high school, the term will be three years, a Ministry of Defence statement said on Thursday. Meanwhile, the statement added that the national service […]

Dubai Trade, Dubai Chamber tie up to expand services

Dubai Trade, a DP World company, and the Dubai Chamber of Commerce have signed an agreement to allow the local business community easier access to the Chamber’s trade services. This includes certificates of origin, attestation, and other membership services, which will be accessible on the Dubai Trade Portal, a single window platform for international trade. […]