Nasser Al Nowais, Chairman of Rotana Hotels, talks about the success of ‘Arab hospitality'
Khaleej Times' Michal Divon sits down with Emirati business tycoon Nasser Al Nowais to discuss early life in the UAE and how generosity shaped the hotel industry
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Time Out Abu Dhabi
11 hours ago
- Time Out Abu Dhabi
A guide on what to eat and where to go in Abu Dhabi this Eid Al Adha
If you're looking to make the most of the long weekend without hopping on a plane or going full tourist mode, Abu Dhabi's got plenty up its sleeve. This Eid Al Adha, the capital is dialling things up with a fun mix of concerts, cultural experiences, family brunches and special deals you just won't be able to say no to. It's going to be a mini getaway where the whole crew gets entertained. And yes, the little ones are well taken care of. Here's your guide to what's on, what to eat, where to go, and why it's all worth a try. Cultural experiences you cannot miss If you're after something meaningful this Eid, cultural activations are popping up across Abu Dhabi, Al Ain and Al Dhafra. There are lots of foodie and cultural experiences, like the chance to feast on a traditional Emirati meal in a majlis setting at House of Artisans and get your henna done and more. Head to the Al Ain Cultural Sites or Delma Museum for Eid-themed events from 4pm to 8pm on the first day, and from 9am to 7pm on the following day. In Abu Dhabi, Qasr Al Hosn will host Eid activities starting at 4pm on the first day and running from 9am to 8pm over the rest of the weekend. Manarat Al Saadiyat joins the line-up too, offering art-inspired experiences, running from 4pm-8pm on the first day of Eid and then between 10am and 8pm the days after. The best part? Little ones can take home little Eidiyas. How cute is that? Family-friendly entertainment await Etihad Arena is bringing Disney Jr. Live! to Yas Island for two days only on Friday June 7 and Saturday June 8. Expect sing-alongs, dancing and plenty of familiar faces that your kids will probably recognise faster than you. Art lovers can swing by the Louvre Abu Dhabi to catch the final days of the Kings and Queens of Africa exhibition, which wraps up on Saturday June 8. Over in Al Ain, there's also some fun to be had. First up, we have the Eid Concerts at the Al Ain Convention Centre on June 7 and 8. Over the two nights, you'll get to see some of the Arab world's most beloved artists – Ayed & Aseel Hamim on day one and Fouad Abdelwahed & Mahmoud Al Turk on day two. From June 6 until June 8, there's also the CocoMelon event at Al Ain Mall, which will bring the popular children's YouTube channel to life with an exciting line-up of family-friendly activities including lively performances, creative kids' workshops, fun mascot dances, and cheerful balloon shows. As an extra Eid treat, you will also have the chance to win BAIC car if you spend Dhs200 or more at the mall. And finally, we have the Urban Crew performing at Bawadi Mall, from June 6 to June 14. They'll be around to deliver dynamic dance performances followed by a powerful mix of acrobatics, stunts and synchronised moves. Brunches and buffets for every kind of family outing From big hotel brunches to local spots dishing out hearty Eid meals, there's no shortage of dining offers across Abu Dhabi this Eid Al Adha. From festive family brunches to bed and brunch staycation offers, scores of hotels in the city are throwing a cultural celebration like no other. You could check out Layali Shahrazadat in Grand Millennium Al Wahda or Fairmont Bab Al Bahr for a lively brunch including kids' activities. For those looking to turn the long weekend into a short break, Metropolitan Al Mafraq Hotel has a bed and brunch staycation package running over the same three days. Erth Abu Dhabi is hosting a four-day line-up of dining and cultural offerings during the break, which we cannot wait to check out. So whatever you and the whole family are in the mood for, there's plenty to tuck into across the city and beyond. Don't miss out on these summer deals Abu Dhabi is making it easy on the wallet with seasonal offers that run alongside the Eid celebrations. Kids go free at several attractions and hotels, with plenty of family-friendly options including complimentary access to kids' clubs. You'll also want to check out the Abu Dhabi Pass, which offers bundled discounts at key attractions, and it's now available to purchase at a discount. Find out more:
Gulf Today
13 hours ago
- Gulf Today
Sharjah and China strengthen cooperation and partnership
Sharjah Asset Management, the investment arm of the Government of Sharjah, has concluded a strategic visit to the People's Republic of China. The visit aimed to strengthen international cooperation and expand partnership opportunities between the two countries in the areas of research and development, knowledge exchange, and the exploration of promising opportunities in new sectors. This initiative is part of the broader efforts to enhance bilateral relations between the UAE and China and contribute to driving sustainable development in the Emirate of Sharjah. During the visit, Sharjah Asset Management signed a Memorandum of Understanding (MoU) with (CICC), in the presence of Sheikh Saud Bin Mohammed Al Qasimi, Deputy Chairman of Sharjah Asset Management; Omar Al Mulla, CEO Ossol Investment; Saeed Sharar, CEO Ossol investments; along with a group of CEOs and directors from Sharjah Asset Management, and a delegation representing the Bank of China. Sheikh Saud Bin Mohammed Al Qasimi, stated:'This agreement marks a new starting point for a fruitful collaboration with CICC. This partnership will open new horizons for research, investment, innovation, and the exchange of expertise and knowledge between both parties. It will also pave the way for meaningful achievements across key sectors such as finance, technology, and sustainable development, ultimately contributing to long-term economic progress.' A spokesperson from (CICC) affirmed that the partnership with Sharjah Asset Management reflects the company's commitment to strengthening Acooperation between China and the UAE, and to exploring new opportunities that this partnership offers—particularly in the fields of research and development. 'By leveraging our mutual strengths, we can address challenges and seize opportunities within our respective markets, while expanding our reach across regional and international markets,' the spokesperson stated. The Memorandum of Understanding outlines a joint commitment to collaborate on innovative research projects aimed at delivering practical and sustainable solutions that benefit both the Emirati and Chinese economies. It further seeks to enhance growth opportunities in vital sectors such as technology, financial services, environmental sustainability, and sustainable investment strategies. The MoU establishes a solid framework for joint research initiatives designed to foster innovative solutions and drive long-term, sustainable growth. The Memorandum of Understanding is expected to result in a series of joint initiatives, including the organization of specialized workshops and seminars, as well as the implementation of applied research projects that align with the strategic priorities of both parties. The focus will be on sustainable investment practices and innovative solutions that generate long-term economic benefits. This partnership reflects the shared vision of both sides to enhance international cooperation, achieve sustainable economic growth, and build strong strategic relationships. It lays the foundation for future partnerships that will further strengthen the economic ties between China and the United Arab Emirates. The company's delegation visited 23 leading Chinese companies across various key sectors to explore investment and cooperation opportunities. Among the visits were the Beijing Opera House and Stadium, accompanied by the Dafa Industrial Group. The delegation also explored the latest LiDAR technologies by 'Seyond', a leader in this advanced field, and examined promising investment opportunities and applications in the automotive and transportation sectors. During visits to ' and ' the delegation was introduced to potential collaboration in the fields of artificial intelligence, autonomous mobility, and robotaxi technology. The delegation also visited 'Ding Dong Limited' in Shanghai, a company specializing in the delivery of fresh foods, where they explored best practices in logistics, warehouse management, facilities management, and e-retail. Additionally, they visited 'H World Group', which operates over 11,000 hotels across 19 countries, to gain insights into hotel operations and discuss potential expansion and partnership opportunities in the Emirate of Sharjah. The UAE and China enjoy strong economic and trade relations, with China being the UAE's largest trading partner and the UAE remaining China's largest partner in the Middle East and North Africa region. Nearly 15,500 Chinese companies have operated in the UAE markets so far. Separately, Ras Al Khaimah Economic Zone (RAKEZ) recently concluded a multi-city business mission across China, further solidifying its role in advancing UAE-China trade and investment relations. The delegation participated in several high-level B2B engagements, the prestigious 'UAE – China (Sichuan) Economic & Trade Cooperation Promotion Conference' event, hosted by the Embassy of the UAE in Beijing, as well as the Invest UAE Roadshow in Guangzhou led by the UAE Ministry of Investment. WAM
Al Etihad
13 hours ago
- Al Etihad
ADFD's cumulative development financing hit Dh216.5 billion, benefitting 107 countries
4 June 2025 22:48 ABU DHABI (WAM)The Abu Dhabi Fund for Development (ADFD) has published its 2024 Annual Report, showcasing its pioneering achievements in advancing strategic objectives aligned with the UAE's foreign aid report underscores the ADFD's vital role in supporting global sustainable development and enhancing the quality of life for communities report emphasises ADFD's significant contributions to major national agendas, including the UAE Export Development Policy, UAE Centennial 2071, and Abu Dhabi Economic Vision 2030. These efforts are led by the Abu Dhabi Exports Office (ADEX), part of Abu Dhabi Fund for Development (ADFD), aimed at strengthening the global competitiveness of the UAE's industrial the end of 2024, ADFD's cumulative development financing reached Dh216.5 billion, benefitting 107 countries across various continents. This total comprises Dh157 billion in concessional loans, Dh57.6 billion in government grants, and Dh1.9 billion in direct financing supported strategic projects in critical sectors including renewable energy, infrastructure, such as housing, transportation, education, technology, and water security, helping to drive economic growth and improve quality of life in partner nations. Private Sector Growth ADFD remains committed to supporting the national economy and the long-term growth of Emirati companies, while enhancing their international reach. In this context, ADEX allocated Dh4 billion in financing by the end of 2024 to support UAE national exports, facilitating access to over 40 global also prioritised the role of the UAE private sector, allocating Dh6 billion in financing, which benefitted 19 Emirati companies implementing strategic projects across 8 an investment perspective, the Fund saw robust growth, with total investments reaching Dh12.2 billion across 22 countries. ADFD currently invests in 17 companies across a range of sectors, helping to strengthen financial resources, stimulate key economic activities in partner countries, and create sustainable job opportunities for local a strategic reflection on the 2024 Annual Report, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of ADFD's Board of Directors, said: 'The late Sheikh Zayed bin Sultan Al Nahyan believed that the essence of civilised progress is measured by the value of the individual and their good deeds, whose impact lasts a lifetime. This philosophy formed the foundation upon which Abu Dhabi Fund for Development (ADFD) was established in 1971, transforming it into a developmental institution that embodies the values of the UAE and a shining beacon spreading its sustainable impact around the world."UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan follows the same path, carrying forward a legacy of giving, and supporting the objectives of the Abu Dhabi Fund for Development, in a way that achieves global prosperity." Foreign Aid His Highness Sheikh Sheikh Mansour added: 'The Fund plays an exceptional role in supporting the UAE's foreign aid policy, which is based on principles of development and achieving economic and social stability in developing countries. Additionally, it strengthens partnerships with international and regional organizations to establish a sustainable developmental impact, reflecting the UAE's position as a global force driving sustainable development.'His Highness Sheikh Mansour said, 'Based on its strategic vision, the Fund seeks to expand its operational activities and innovate sustainable solutions that contribute to the development of partner countries. It also continues supporting the national economy by providing innovative financing tools that empower UAE companies to expand and reach new markets.'His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister, Minister of Foreign Affairs, and Vice Chairman of ADFD's Board of Directors, stated: 'ADFD continues to achieve more milestones, using its developmental and economic tools to enhance the UAE's position regionally and internationally, solidifying its role as an active and influential global player."Thanks to the visionary of the leadership, the Fund has become a pioneering model in adopting a strategic approach to financing vital projects that create a lasting impact and contribute to supporting the developmental programs of developing nations to meet their aspirations and strengthen their infrastructure and economies.'His Highness Sheikh Abdullah added, 'In 2024, the Fund made exceptional efforts to help countries overcome their economic and social challenges, financing many major developmental projects with a sustainable impact in areas such as energy, water, infrastructure, education, , technology, food security, and other key sectors that contribute to supporting the Sustainable Development Goals and improving the well-being of people.'His Highness Sheikh Abdullah also emphasised, 'In addition to the sustainable development impact the Fund has achieved globally, it continues to play a vital role in supporting the national economy by enhancing UAE exports and developing the capabilities of local companies to compete in global markets. That contributes to achieving sustainable economic diversification, benefiting society as a whole.'On the release of the 2024 Annual Report, Mohamed Saif Al Suwaidi, Director General of ADFD, said,: 'The achievements of ADFD are a testament to the UAE's unwavering commitment to sustainable development, a vision set forth by the founding father, the late Sheikh Zayed bin Sultan Al Nahyan. This foundation paved the way for ADFD to become a key partner of development in emerging countries and a significant contributor to building a prosperous and sustainable future for generations to come.'Al Suwaidi continued, 'Recent accomplishments reflect the steadfast support of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, whose visionary leadership serves as a beacon of inspiration. Equally, the guidance of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of ADFD Board of Directors, has been instrumental in enabling ADFD to provide vital support, enhancing the quality of life for millions of people worldwide and playing a key role in the development of more advanced and resilient societies.'In a global recognition of its leadership, ADFD received the 2024 United Nations Small Island Developing States (SIDS) Partnerships Award in the economic category for its renewable energy initiatives in the Pacific and Caribbean islands. This is the first time the award has been granted to an institution from the Middle East and North Africa a move that reflects its institutional development and forward-looking vision, ADFD launched its new corporate identity in 2024 under the slogan, 'Shaping the Future Together', reaffirming its commitment to the UAE's vision for supporting the 2030 Sustainable Development Goals and building a prosperous, sustainable future for people around the on decades of impact, ADFD is advancing its global development mission, guided by an integrated and adaptive strategy that reflects the UAE leadership's forward-looking vision and ambition to establish the Fund as a globally recognised national institution in development work and a key supporter of the national economy. Aligned with the UAE's foreign aid policy, the strategy emphasises impactful development outcomes—both internationally and domestically—aimed at building prosperous, resilient societies for generations to come.
