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United Arab Emirates

Ithra Dubai announced partnership projects

Ithra Dubai, which is wholly owned by Investment Corporation of Dubai, ICD, has announced that it had entered into an agreement with luxury accommodation operator, Cheval Collection, to manage its newest mixed-use project, located in Barsha Heights, Dubai. The announcement was made today at the Cheval Collection offices in London. …

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Bank mergers announced in UAE

The Central Bank of the UAE, CBUAE, is making the following announcement on behalf of the EIBOR Advisory Committee and the EIBOR panel of banks. With the merger of Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) approaching, effective the 1st of May 2019, UNB will no longer …

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Most Arab businessmen want AI

Forbes Insights has revealed the latest findings of its State of Artificial Intelligence,AI, in the Middle East report in partnership with Ai Everything, at the two day Artificial Intelligence Summit, which concludes on Wednesday at the Dubai World Trade Centre. The report was launched to an audience of elite technologists, …

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German parliamentary delegation in UAE

Dr. Anwar Gargash, Minister of State for Foreign Affairs, has met with a German parliamentary delegation currently visiting the country, and explored the latest developments on the regional and international arenas. Dr. Gargash met with Jurgen Hardt, German Member Parliament and Foreign Policy Spokesperson of the Christian Democratic Union Parliamentarian …

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Europe Day at Sorbonne University Abu Dhabi

The Delegation of the European Union to the UAE organised several activities at Sorbonne University Abu Dhabi in celebration of ‘Europe Day’ in collaboration with Zayed University, under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance. Around 200 people attended the event including government officials, the …

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UAE to give Sudan $250 million

Abu Dhabi Fund for Development, ADFD, has announced its plan to deposit US$250 million into the Central Bank of Sudan, CBOS, to secure increased liquidity and strengthen the financial position of Sudan. The deposit falls within the framework of the newly announced US$3 billion (AED11 billion) UAE-Saudi Arabia joint aid …

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Six new research centres in Zayed University

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, Chairman of the Educational and Human Resources Council, has launched six new research centres at Zayed University. “Only those who have the knowhow and advanced research centres can make changes for the better,” said H.H. Sheikh …

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UAE leaders in China for strategic talks

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, held discussions with the Chinese President Xi Jinping in Beijing, China, in the presence of a high-level UAE delegation accompanying His Highness. The meeting was held on the sidelines of the Second Belt and …

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