Global maritime freight prices began the year 2024 with significant jumps, reaching record levels not reached since the end of November 2022, amid a series of price increases witnessed during the last quarter of last year that ended the decline witnessed in 2023. On a weekly basis, sea freight prices, according to the Baltic Sea … Read more
The Dubai Financial Market witnessed the implementation of 3 large direct deals on the shares of “Takaful Emarat”, “Shuaa Capital” and Islamic Arab Insurance “Salama” on a number of 175.3 million shares with a total value of 87.2 million dirhams. According to Dubai Financial Market data, the first deal was executed on “Takaful Emarat” shares … Read more
The UAE has signed a partnership agreement with New Zealand and Fiji to develop the second phase of the Lakaru Renewable Energy Project in Fiji. The agreement was signed during the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), where the UAE brings together the countries of the world … Read more
The Central Bank of the United Arab Emirates and the Central Bank of Cuba signed an agreement aimed at strengthening common ties and establishing a framework for developing bilateral relations and exchanging information and expertise in common fields. The agreement includes enhancing bilateral cooperation through exchanging information on best practices related to the basic work … Read more
The sale of off-plan luxury properties in Dubai continues its exceptional growth and is going from strength to strength with high returns and record sales prices, especially in new luxury projects.After-sales reports revealed that the “Bugatti Residence” project, which is being implemented by Binghatti Real Estate Development Company in the Business Bay area in Dubai, … Read more
Abu Dhabi Ports Group (listed on the Abu Dhabi Securities Market under the symbol: ADPORTS), the leading global engine for trade, industry and logistics services, in cooperation with (“Kazmortransflot”), the maritime and logistics services company affiliated with the Kazakh National Oil Company “KazMunaygaz”, announced its acquisition On two modern ships designed to transport Kazakh oil … Read more
His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, sent a written message to His Excellency Bola Tinubu, President of the Federal Republic of Nigeria, regarding the development of bilateral relations and the prospects for joint cooperation between the two countries.He delivered the message to His Excellency, Reem … Read more
Yesterday in Abu Dhabi, in cooperation and partnership with the Human Rights Department of the League of Arab States, the Permanent Committee for Human Rights in the UAE held a high-level regional event entitled “The Impact of Climate Change on the Enjoyment of Human Rights and Achieving Sustainable Development Goals.” His Excellency Mohammed Al Nuaimi, … Read more
Dubai – Al Watan: To celebrate the start of the festive season, The St. Regis Dubai, The Palm has prepared a series of wonderful festive offers to showcase the authentic spirit of this happy season. From displaying ready-made turkeys, to Christmas brunch events, New Year’s celebrations, and luxurious treatment packages at the spa, he invites … Read more
The United Arab Emirates, represented by the Ministry of Finance, in its capacity as the issuing authority, and in cooperation with the Central Bank of the United Arab Emirates, in its capacity as the issuing and payment agent, announced the results of the fifth auction for the issuance of Islamic Treasury Sukuks denominated in the … Read more