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Awqaf Abu Dhabi enhances global endowment strategy following visit to Germany

ABU DHABI / AD MEDIA OFFICE As part of its long-term strategy to strengthen global endowment collaboration and drive innovation in social investment, the Endowments and Minors’ Funds Authority (Awqaf Abu Dhabi) has concluded a strategic visit to Germany. The visit marked a significant step in expanding partnerships with leading philanthropic institutions and endowment funds across Europe. Germany, with over ...

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Dubai Holding aiming to float Dubai Residential REIT on DFM

DUBAI / WAM Dubai Holding, through its wholly owned subsidiary DHAM REIT Management LLC (Fund Manager), on Monday announced its intention to launch an initial public offering (IPO) for Dubai Residential REIT, to list its units for trading on the Dubai Financial Market (DFM). Dubai Residential REIT is the GCC’s first pure-play listed residential leasing-focused REIT and, at the time ...

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UAE Armed Forces stand as steadfast shield in defence of homeland: Mansour bin Zayed

  ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, stated that the anniversary of the unification of the UAE Armed Forces underscores the vital role of military personnel in safeguarding national sovereignty and unity. Below is the full statement: “On the anniversary of the unification ...

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UAE calls for strengthening Arab parliamentary cooperation amid regional challenges

ALGIERS/WAM The Federal National Council (FNC) emphasised that the challenges facing the region —ranging from political conflicts and disputes, economic and climate crises, to technological complexities —  are increasingly shaping the present and influencing the trajectories of the future. These challenges place a collective responsibility on all of us to strengthen joint Arab parliamentary action, activate tools of parliamentary diplomacy, ...

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Dubai Customs, University of Dubai, Germany’s KLU university sign tripartite MoU

DUBAI/WAM Dubai Customs and the University of Dubai have signed a tripartite Memorandum of Understanding (MoU) with the prestigious Kühne and Nagel University (KLU) in Hamburg, Germany. The signing ceremony took place at the KLU campus in Hamburg, with the MoU signed by Dr. Abdulla Busenad, Director-General of Dubai Customs; Professor Washika Haak-Saheem, Dean of the Dubai Business School, University of ...

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On behalf of UAE President, Shakhboot bin Nahyan attends inauguration ceremony of President of Gabon

LIBREVILE/WAM On behalf of His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE President, Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, attended the inauguration ceremony of Brice Oligui Nguema, President of the Gabonese Republic, which was held in the capital, Libreville, after his presidential election success. Sheikh Shakhboot bin Nahyan underlined that relations between the UAE and Gabon ...

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RTA posts 16% rise in digital revenues in 2024, reaching AED4.4 billion

DUBAI/WAM Dubai’s Roads and Transport Authority (RTA) has achieved a 16% growth in digital revenues for 2024, reaching AED4.427 billion compared to the previous year. The total number of transactions across digital channels has reached 679.6 million, including 13.4 million transactions through RTA’s smart applications. App downloads have risen by 18% compared to 2023, with 3.742 million downloads, while the number ...

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Technology plays key role in reshaping entrepreneurship landscape in UAE

ABU DHABI/WAM Technology is playing a pivotal role in reshaping the entrepreneurship scene in the United Arab Emirates. Innovation-based startups are becoming a major driver of the national economy and a primary source of employment and sustainable solutions. This contributes to enhancing the country’s global competitiveness among the most advanced economies in adopting technology. Through its advanced initiatives, the UAE ...

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