DUBAI / WAM Professional Communication Corporation – Nedaa, and du, from Emirates Integrated Telecommunications Company (EITC), have officially signed a memorandum of understanding on the second day of GITEX Global to enhance collaboration in the telecommunication sector. The memorandum of understanding was signed by Mansoor Bu Osaiba, Chief Executive Officer of Nedaa, and Fahad Al Hassawi, Chief Executive Officer of ...

DUBAI / WAM In a bid to curb cybersecurity challenges, the UAE Cyber Security Council (UAE CSC) and Abu Dhabi’s Advanced Technology Research Council (ATRC) on Thursday joined forces to cooperate on shaping a more secure and private global information society. Dr Mohammed Hamad Al Kuwaiti, Chairman of the UAE Cyber Security Council, and Shahab Issa Abu Shahab, Director-General of ...

SHARJAH / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree No 42 of 2023, appointing Abdullah Al Hosani as the Sectary-General of the Holy Quran Academy (HQA) in Sharjah. According to the Decree, Abdullah Al Hosani will be transferred from the Department of Islamic Affairs, assuming ...

ABU DHABI / WAM Mohammed Saeed Al Shehhi, Secretary-General of UAE Media Council, has participated in the 26th Meeting of GCC Information Ministers. The meeting was held virtually under the chairmanship of Dr Abdullah Nasser Al Harasi, Minister of Information of the Sultanate of Oman, who is the current session’s president. Jassem Mohamed Albudaiwi, Secretary-General of the Gulf Cooperation Council ...

DUBAI / WAM The Ministry of Climate Change and Environment (MoCCAE), the World Food Programme (WFP), and the Food Tech Valley signed a Memorandum of Understanding to strengthen innovation in food systems and agriculture. The MoU was signed during the UAE year of sustainability and as part of the ministry’s preparations for the Conference of the Parties COP28 hosted in ...

ABU DHABI / WAM The Abu Dhabi City Municipality, in partnership with the City Municipality Centre, has initiated a campaign aimed at enhancing public awareness and understanding of the rules governing the use of temporary outdoor seating areas and adjacent pavements near commercial establishments, including shops, eateries, cafes, and other service venues. The campaign seeks to inform the public about ...

BLOOMBERG Indonesia’s central bank will probably leave its benchmark interest rate unchanged, as policymakers look set to act to support the rupiah only when volatility from global uncertainties become excessive. Thirty of the 31 economists surveyed by Bloomberg expect Bank Indonesia to keep its seven-day reverse repurchase rate at 5.75% for a ninth straight meeting. That is in line with ...

BLOOMBERG Rising Treasury yields and weak earnings news sapped appetite for stocks as traders tracked an intensifying diplomatic push to contain the war. Yields on 10-year US government bonds gained for a fourth day, closer to reaching 5% for the first time since 2007. The relentless advance in yields reflects expectations that the Federal Reserve will keep interest rates at ...

BLOOMBERG London has recaptured its crown as Europe’s largest stock market from Paris, lifted by surging crude oil prices. The combined market capitalisation of primary listings in London — excluding ETFs and ADRs — is now $2,888.4 billion versus Paris’s $2,887.5 billion, according to an index compiled by Bloomberg. London had lost its status as Europe’s biggest stock market last ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call on Thursday from Jonas Gahr Støre, Prime Minister of Norway. They discussed the humanitarian crisis faced by civilians in the Gaza Strip, emphasising the priority of ensuring their full protection in line with international humanitarian law. They also underscored the importance of enhancing diplomatic initiatives to ...