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DGCX explores options as India stops licensing securities abroad

DUBAI / Reuters The Dubai Gold and Commodities Exchange (DGCX) said on Monday it was working with Indian counterparts to explore alternatives after India’s three main stock markets announced they would stop licensing their indexes and securities abroad. India’s decision appears to threaten several products offered by the DGCX, which trades futures based on the Bombay Stock Exchange’s Sensex index; ...

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Enoc plans investments in Egypt

DUBAI / WAM ENOC Group is exploring investment opportunities within Egy-pt’s energy landscape as part of its long-term strategy to expand its regional footprint. The announcement, made on the sidelines of the Egypt Petroleum Show (EGYPS), being held in Cairo from February 12-14, was part of ENOC Group’s participation in the exhibition that has brought key stakeholders from the MENA ...

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Deal signed to launch region’s first solar-driven hydrogen electrolysis plant

DUBAI / WAM Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation and Director-General of Dubai Expo 2020 Bureau, Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) and Joe Kaeser, President and CEO of Siemens, have signed a Memorandum of Understanding (MoU) to launch a pilot project for the region’s first solar-driven ...

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Public-private sector ties key to fight cybercrime in Mideast

ABU DHABI / WAM Digitisation has transformed crime and closer partnerships between government and private sector organisations are essential to successfully combat cyber criminals that are using increasingly sophisticated technologies and strategies to target companies and organisations according to a new report. A Practical Method of Identifying Cyberattacks released by the World Government Summit in collaboration with PwC Middle East, ...

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Role of Emirati, Arab and foreign journalists lauded

Dubai / Emirates Business His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, toured the Media and Social Communication Centre for the sixth edition of the World Government Summit. Sheikh Mohammed was accompanied by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai; HH Sheikh Maktoum ...

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Governments need to prioritise well-being of citizens: Experts

Dubai / WAM Professor Jeffrey Sachs, renowned economist and Chair of the World Happiness Council, has led a plenary session to discuss the findings of the first Global Happiness Policy Report on the opening day of the sixth World Government Summit, (WGS 2018), in Dubai. In the session titled, “Insights and Reflections from the Global Happiness Policy Report,” industry experts ...

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MOCCAE, Global Citizen organise youth dialogue

Dubai / WAM The UAE Ministry of Climate Change and Environment (MOCCAE), together with Global Citizen, the social action platform, organised a youth dialogue to discuss how youth can contribute to organisations and to the delivery of the 2030 Development Agenda. The dialogue held on the second day of the World Government Summit (WGS 2018), was attended by Dr. Thani bin ...

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GBF to discuss economic cooperation between GCC, LatAm markets

Dubai / WAM The second edition of the Global Business Forum on Latin America (GBF), which will be held from February 27-28, in Dubai, will see the participation of current and former heads of state, ministers, decision makers, and industry experts to discuss new avenues of economic cooperation between the GCC and promising Latin American markets. Organised by the Dubai ...

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Expo 2020 will bring economic, social returns to UAE: Mohamed

DUBAI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, visited the Expo 2020 Dubai site on Monday to view the latest developments, construction and preparations made to date to host the world event. He was accompanied by HH Sheikh Mansour bin Zayed Al Nahyan, ...

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Mohammed, Kim discuss ways to strengthen World Bank’s work

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday received the World Bank Group President, Dr Jim Yong Kim, on the sidelines of the World Government Summit (WGS 2018). During the meeting, Sheikh Mohammed and Dr Kim discussed a number of development issues in countries ...

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