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News

S&P Upgrades Hikma’s Credit Rating to ‘BBB’ with Stable Outlook

By editor
May 11, 2025 UTC
in :  Business & Finance, News

News Desk AMMAN: S&P has announced on 8 May that it has raised its long-term issuer credit rating on Hikma Pharmaceuticals PLC (Hikma, Company) and its $500 million notes outstanding due July 9, 2025, issued out of Hikma Finance USA LLC, to ‘BBB’ from ‘BBB-‘ with a stable outlook. S&P said its rating action reflects Hikma’s good business momentum and …

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Ministry of Finance Wins Three Global Excellence Awards in Procurement

By editor
May 11, 2025 UTC
in :  Business & Finance, News

By Rafiq Vayani ABU DHABI: Adding yet another feather to its cap, the Ministry of Finance has clinched three Excellence in Procurement & Supply Awards 2025 from the Chartered Institute of Purchasing and Supply (CIPS). The awards were in recognition of the Ministry’s leading practices in procurement and supply chain management within the government’s digital procurement system. The achievement has …

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HE Saeed Mohammed Al Tayer inspects state-of-the-art 132/11 kV digital substation

By editor
May 11, 2025 UTC
in :  Business & Finance, News

News Desk DUBAI: HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has inspected the state-of-the-art 132/11 kV digital substation (Nad Hessa), which has been designed to meet the growing demand for energy while setting new standards in digital optimisation and sustainability. The substation utilises advanced technologies in control systems, digital communications, cyber security …

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Dawood Global Foundation and OGDCL Distribute 140 Wheelchairs Across Ghotki, Sukkur, and Khairpur

By editor
May 10, 2025 UTC
in :  News

SUKKUR: In a significant move to improve healthcare access in Sindh, Dawood Global Foundation (DGF), in collaboration with Oil and Gas Development Company Limited (OGDCL), distributed a total of 140 wheelchairs to government hospitals in the districts of Ghotki, Sukkur, and Khairpur. A special distribution ceremony was held at the District Health Office (DHO) in Sukkur, Sindh, and was attended …

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NHRI Conducts Introductory Visit to Umm Al Quwain Police General Headquarters

By editor
May 10, 2025 UTC
in :  Business & Finance, News

ABU DHABI: As part of its continued efforts to strengthen institutional partnerships and promote a culture of human rights across the United Arab Emirates, the National Human Rights Institution (NHRI) conducted an introductory visit to the Umm Al Quwain Police General Headquarters. His Excellency Major General Sheikh Rashid bin Ahmed Al Mualla, Commander-in-Chief of Umm Al Quwain Police, received the …

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Mina Al-Oraibi Receives May Chidiac Foundation Excellence in Media Award 2025

By editor
May 10, 2025 UTC
in :  Business & Finance, News

News Desk DUBAI: Mina Al-Oraibi, Editor-in-Chief of The National, an IMI company and the leading English-language news outlet from the Middle East, has been awarded the Excellence in Media Award at the Annual May Chidiac Foundation Media Awards held last night in Dubai. Throughout her distinguished career, Mina has and continues to play a pivotal role in elevating news coverage regionally and …

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Shreya Ghoshal – Live in Dubai presented by Global Encounters Festival and DXB Live

By editor
May 10, 2025 UTC
in :  News, Travel

By Rafiq Vayani DUBAI: The Global Encounters Festival Pass will be available in the coming days! Everyone attending will need a Festival Pass. This pass is your gateway to everything the Festival has to offer from the Global Village and Art Gallery to the Film Festival, sports matches, and more. All attendees will need a Festival Pass to access these …

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UAE’s O Gold and Mawarid Finance to Launch the Region’s First Shariah-Compliant Gold-Backed Prepaid Card

By editor
May 10, 2025 UTC
in :  Business & Finance, News

DUBAI, United Arab Emirates: In a landmark move for ethical finance and fintech advancement, O Gold, the UAE’s leading digital gold investment platform, has partnered with Mawarid Finance, a premier UAE-based Shariah-compliant financial institution established in 2006, to jointly develop and launch the region’s first Shariah-compliant prepaid card backed by physical gold. Founded to democratize access to precious metals, O …

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Jamavar Doha Unveils Limited-Time Alphonso Mango Feasting Menu this May

By editor
May 10, 2025 UTC
in :  Business & Finance, News, Travel

DOHA: This May, Jamavar Doha, the Michelin-starred jewel of Indian fine dining in Qatar, invites guests to embark on a culinary journey across India with its limited-time Alphonso Mango Feasting Menu. Created as an ode to the beloved king of fruits, this seasonal feast brings together the bold flavours, heritage, and artistry of regional Indian cuisines. Curated by Culinary Director …

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Elevate Acquires Hartland International School Property in Dubai for $100M, Marking GCC Entry

By editor
May 9, 2025 UTC
in :  Business & Finance, News

By Rafiq Vayani DUBAI: Elevate, a portfolio company backed by Rava Partners in collaboration with Alta Capital, today announced the acquisition of the real estate of Hartland International School (“HIS”) in Dubai from NBK Capital Partners Real Estate Fund advised by Janus Henderson Emerging Markets Private Investments Limited (“JHEMPIL”), valuing the school property at US$100 million. This acquisition marks Rava …

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Emirates expands reach in China through interline partnership with Loong Air

editor
February 13, 2026 UTC

By Rafiq Vayani DUBAI: Emirates and Loong Air have signed an interline agreement, increasing …

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