Middle East

Maktoum bin Mohammed engages with global policymaker at DFS

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), today met with global policymakers and financial industry leaders on the sidelines of the second Dubai FinTech Summit (DFS).

2024-05-06T18:26:17.538213+00:00 IST

SEDD issues, renews 17,722 licenses during Q1-24

During Q1 2024, Sharjah Economic Development Department (SEDD) issued and renewed a total of 17,722 licenses, processed via various channels including the SEDD smart application, website, service centres, headquarter, and branches. Among these, 2,129 were new licenses while 15,593 were renewals, marking a 1 per cent growth compared to the same period in 2023.

2024-05-06T18:26:01.133400+00:00 IST

IHC records net profit of AED8 billion in Q1 2024, launches AED5

International Holding Company (IHC) announced an 87.6 per cent growth for the first quarter of 2024 (Q1 2024), with AED 8 billion in net profit, compared to AED 4.3 billion in Q1 2023, showcasing significant growth and a steadfast commitment to enhancing shareholder value.

2024-05-06T18:10:03.862417+00:00 IST

Hamas accepts ceasefire proposal of Egypt, Qatar

Amid Israel's urgent evacuation notice to residents of eastern Rafah, Hamas leader Ismail Haniyeh has sent word of the group's acceptance of a ceasefire proposal to Qatari and Egyptian mediators, Al Jazeera reported on Monday.

2024-05-06T17:47:46.050097+00:00 IST

UAE: ADNOC Logistics and Services publishes first Annual Report

The in-depth report features an overview of the business and its smart growth strategy, highlights of its strong financial results and creation of shareholder value, a commitment to innovation, technology, sustainability, and community, and an employee spotlight to recognise the individuals who have made the company a success.

2024-05-06T17:15:40.456288+00:00 IST

Hamas suspends hostage and truce talks with Israel: Report

Meanwhile, meeting with families of hostages, Israeli Defense Minister Yoav Gallant said that Israel will continue efforts to free those held by Hamas in the Gaza Strip, amid the upcoming ground operation against the terror group in Rafah.

2024-05-06T17:12:01.751790+00:00 IST

ISNR 2024 Conference to begin on May 21 in Abu Dhabi

The conference will take place from 21-22 May 2024 at ADNEC Abu Dhabi.

2024-05-06T17:09:31.772775+00:00 IST

Etihad Airways to operate to Jaipur and Bali over next two months

The UAE's national airline expects to welcome thousands of visitors to its stand including distinguished guests, travel trade customers, members of the media and tourism partners.

2024-05-06T17:09:10.123817+00:00 IST

Pakistan SC suspends Peshawar HC verdict on reserved seats

The PHC through its earlier verdict dashed the PTI's hopes of getting reserved seats as it dismissed the Sunni Ittehad Council's (SIC) petition challenging the ECP's ruling that denied reserved seats to the party.

2024-05-06T12:30:17.628706+00:00 IST

Mental health experts empower Negev communities

In a collaborative effort to bolster community resilience in the Western Negev region, the Jewish National Fund USA (JNF-USA), the Israel Coalition for Trauma, and the village and medical center for rehabilitation "Adi Negev-Nachlat Eran" convened a gathering to meet representatives from numerous organizations and communities in the area

2024-05-06T09:51:58.728980+00:00 IST

US push for Qatar to expel Hamas gathers momentum

The Biden administration blames Hamas for the failure of ceasefire talks and the situation raises questions about where the terror group may relocate and what the implications of a move would mean for the region.

2024-05-06T09:22:51.078967+00:00 IST

Israel strikes Hamas facility located inside UNRWA complex

The Israeli military struck a Hamas command and control centre located in a UN complex in central Gaza on Sunday night which served as a staging ground for multiple attacks against ground forces and humanitarian efforts, the Israel Defence Forces said

2024-05-06T09:15:56.211516+00:00 IST

Israel issues evacuation notice to Gaza's eastern Rafah residents

The announcement comes amidst ongoing bombardment of Gaza, with significant devastation witnessed since October 7.

2024-05-06T07:19:16.409352+00:00 IST

UAE: Latifa bint Mohammed visits pavilion

Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Executive Council, visited the pavilion featuring publications by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, at the 33rd Abu Dhabi International Book Fair.

2024-05-06T01:08:42.053858+00:00 IST

UAE: EAHS honors winners of 'Mazyoon Al Awsaf Award'

The Emirates Arabian Horse Society (EAHS) crowned the winners of the "Mazyoun Al Awsaf award" for the most beautiful name for local Purebred Arabian Horses born in the year 2024 in the UAE colts and fillies categories, during the award ceremony on Sunday at the 2024 Abu Dhabi International Book Fair at the Abu Dhabi National Exhibition Center - ADNEC, members of the Judging committee.

2024-05-06T01:08:21.408659+00:00 IST

UAE President on 48th Armed Forces Unification Day

On the occasion of the 48th anniversary of the unification of the UAE Armed Forces, President Sheikh Mohamed bin Zayed Al Nahyan delivered the following statement to members of the armed forces.

2024-05-06T01:01:14.232704+00:00 IST

Israeli army says Kerem Shalom crossing closed to aid convoys

Israel has closed the major entry point for humanitarian aid to reach Gaza after a Palestinian armed group launched rockets at a military installation in southern Israel near the site, according to Al Jazeera.

2024-05-05T21:57:11.415098+00:00 IST

Israel: Police seize Al Jazeera's broadcasting equipments

As Al Jazeera was pulled off air in Israel on Sunday, the police, too, seized the news network's broadcasting equipment from its Jerusalem offices on Sunday afternoon, according to The Times of Israel.

2024-05-05T21:06:08.191212+00:00 IST

94 pc of financial transactions occur outside branches: Emirates

Marwan Hadi, Group Head of Retail Banking and Wealth Management at Emirates NBD, affirmed the transformative impact of financial technology on the banking sector, revolutionising how services are structured and delivered to customers.

2024-05-05T17:41:02.211994+00:00 IST

Sharjah Chamber concludes participation in Exhibition

The Sharjah Chamber of Commerce and Industry (SCCI), represented by the "Emirati Goldsmiths" Platform, wrapped up its participation in the International Handicrafts Trade Fair (MIDA) held in Florence, Italy, from April 24 to May 2.

2024-05-05T16:41:10.867595+00:00 IST