ADNOC Distribution board approves AED1.285 billion interim cash dividend H1 2022

ABU DHABI, ADNOC Distribution announced today the approval of an interim dividend payment to shareholders for the first six months of 2022 of AED1.285 billion (10.285 fils per share), equivalent to US$350 million.   This is the first payment of what is expected to be a full-year 2022 dividend payment of minimum AED2.57 billion (20.57… Continue reading ADNOC Distribution board approves AED1.285 billion interim cash dividend H1 2022

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UAE President sends letter of thanks to Sultan of Oman

MUSCAT, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a letter of thanks to His Majesty Sultan Haitham bin Tariq, the Sultan of Oman, after leaving Muscat at the conclusion of a state visit to the Sultanate of Oman, in which His Highness expressed his heartfelt thanks and appreciation for the warm… Continue reading UAE President sends letter of thanks to Sultan of Oman

Ministry of Economy announces metaverse HQ at Dubai Metaverse Assembly

DUBAI, Abdulla bin Touq Al Marri, UAE Minister of Economy, launched the Ministry’s headquarters in the metaverse today at the Dubai Metaverse Assembly, organised by Dubai Future Foundation (DFF).   Addressing more than 500 delegates and 40 global companies including Accenture, Emirates, PwC, Microsoft, Meta, and Binance, Bin Touq said that the Ministry of Economy’s… Continue reading Ministry of Economy announces metaverse HQ at Dubai Metaverse Assembly

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Global Alliance on Green Economy launched during WGES in Dubai

DUBAI, The World Green Economy Summit (WGES), which kicked off today at the Dubai World Trade Centre, saw the launch of the ‘Global Alliance on Green Economy’.   The ‘Global Alliance on Green Economy’ aims to build a coalition of countries, prioritising a green economy in the context of climate action and sustainable development, to… Continue reading Global Alliance on Green Economy launched during WGES in Dubai

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Visit Abu Dhabi Roadshow events in India highlight emirate’s unique tourism offer to travel partners

ABU DHABI, The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) recently concluded its Visit Abu Dhabi Roadshow in India, alongside 28 stakeholders from the UAE capital that included key airlines, cruises, hotels, attractions and DMCs.   More than 800 travel trade delegates attended the roadshow across six events in New Delhi,… Continue reading Visit Abu Dhabi Roadshow events in India highlight emirate’s unique tourism offer to travel partners

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UAE, a global role model for sustainable development, green transition: Former Canadian PM

SHARJAH, Kim Campbell, Former Prime Minister of Canada, said that the UAE has set an example for the rest of the world in communicating its strategies for achieving sustainable development and economic growth.   In an interview with the Emirates News Agency (WAM), on the sidelines of the 11th edition of the International Government Communication… Continue reading UAE, a global role model for sustainable development, green transition: Former Canadian PM

Former President of World Bank sounds ‘terrible global recession’ alarm bell

SHARJAH, Dr. Jim Yong Kim, Former President of the World Bank Group, has attributed the current global inflation partly to the US$6 trillion worth of stimulus provided by the US to tackle the consequences of the COVID-19 pandemic.   “There are many things that are happening at the same time. We just experienced the worst… Continue reading Former President of World Bank sounds ‘terrible global recession’ alarm bell

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Editor-in-Chief of Forbes hails UAE stabilising currency against US Dollar

SHARJAH, Steve Forbes, Chairman and Editor-in-Chief of Forbes, has hailed the UAE stabilising its currency against the US Dollar as “very successful” in fighting inflation.   “Today, unfortunately central banks mistakenly believe they fight monetary inflation by not stabilsing their currencies. The UAE has stabilised their currency against the US Dollar for years very successfully,”… Continue reading Editor-in-Chief of Forbes hails UAE stabilising currency against US Dollar

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Experts highlight urgent need to change current course to achieve global net-zero targets

SHARJAH, Global experts who spoke on a key panel discussion on climate change and net zero emissions on the opening day of the 11th International Government Communication Forum (IGCF 2022) expressed concern that unless key changes are made on the current course in addressing climate change, it is possible that the world may not be… Continue reading Experts highlight urgent need to change current course to achieve global net-zero targets

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Youth Councils are pivotal in fostering ambitions and aspirations of the young generation: IGCF 2022

SHARJAH, Representatives of the UAE’s Youth Councils have emphasised that consistent support from official entities and the community are crucial to meet the ambitions and aspirations of the young generation during the Fourth Sharjah Youth Forum hosted on the opening day of the 11th International Government Communication Forum (IGCF) at Expo Centre Sharjah.   At… Continue reading Youth Councils are pivotal in fostering ambitions and aspirations of the young generation: IGCF 2022

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FANR, Korea Atomic Energy Research Institute sign MoU

ABU DHABI, The Federal Authority for Nuclear Regulation (FANR) has signed a Memorandum of Understanding (MoU) with the Korea Atomic Energy Research Institute (KAERI), during the 66th General Conference held at the headquarters of the International Atomic Energy Agency (IAEA) in Vienna, Austria.   The MoU aims to strengthen cooperation among the two parties in… Continue reading FANR, Korea Atomic Energy Research Institute sign MoU

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ABU DHABI, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Giorgia Meloni on winning Italy’s general elections. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, also sent a similar message to Meloni congratulating her on the victory. Source: Emirates News Agency

ABU DHABI, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Giorgia Meloni on winning Italy’s general elections.   His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, also sent a similar message to Meloni congratulating her on the victory.  … Continue reading ABU DHABI, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Giorgia Meloni on winning Italy’s general elections. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, also sent a similar message to Meloni congratulating her on the victory. Source: Emirates News Agency

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