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ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre of the UAE’s capital, on Thursday announced the publication of a Consultation Paper on a proposed whistleblowing framework, reinforcing the continuous emphasis on transparency, accountability and market integrity from ADGM and its Regulatory Authorities. The framework complements the ADGM’s existing regulatory frameworks and builds upon the publication ...

ABU DHABI / WAM Participants in the second edition of the TRENDS International Education Conference stressed the need for innovative educational policies to preserve identity and support positive youth behaviour. The conference, “Education and Identity in the Digital Age… Proposed Strategies for Preserving Identity and Shaping Youth Behaviours,” also discussed the need to enhance interaction and exchange between researchers, educational ...

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, President of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation and Mother of the Nation, has visited the Supreme Council for Motherhood and Childhood to review the achievements of its programmes and initiatives over the past 20 years. ...

GENEVA / WAM The International Air Transport Association (IATA) released data for January 2024 global passenger demand indicating a strong start for the year. Total demand, measured in revenue passenger kilometres (RPKs), increased by 16.6 percent. Total capacity, measured in available seat kilometres (ASK), increased by 14.1 percent. The load factor was 79.9 percent, which is an increase of 1.7 ...

ABU DHABI / WAM The Middle East’s commercial aircraft services market will more than double in value by 2042, according to Airbus’ latest Global Services Forecast (GSF). Growing to $28 billion from $12 billion, and registering a 4.4 percent average annual growth, the regional expansion will surpass the global average growth of 3.6 percent. Today, five of the world’s largest ...

ABU DHABI / WAM Etihad Airways announced its financial results for the full year 2023, reporting total revenue of AED20.3 billion ($5.5 billion) for the year ended on December 31, 2023. The company’s total revenue was AED18.3 billion ($5.0 billion) in 2022. The airline recorded AED1.4 billion ($394 million) operating result, driven by AED4 billion ($1.1 billion) year-on-year growth in ...

DUBAI / WAM The Mohammed bin Rashid Aerospace Hub (MBRAH), Dubai’s aerospace platform dedicated to the advancement of the aviation industry, and Tim Aerospace broke ground on their new hangar at Dubai South. The new facility will be built with the maximum allowed design dimensions, making it one of the largest wide-body capable aircraft MRO hangars in the GCC, with ...

DUBAI/ WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, issued Decree No. (14) of 2024 on the new members of The Executive Council of Dubai (TEC) chaired by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai. His Highness Sheikh Mohammed also ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday received the credentials of new foreign ambassadors appointed to serve in the UAE. Moataz Abdullah Al Fahim, UAE Ambassador to Myanmar, also took the legal oath before His Highness the President. During the ceremony at Qasr Al Bahr in Abu Dhabi, His Highness Sheikh Mohamed bin ...

ABU DHABI/ WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, received a delegation from the UAE Fishermen’s Cooperative Union in the country, while accompanied by Dr. Amna bint Abdullah Al Dahak Al Shamsi, Minister of Climate Change and the Environment. During the meeting at Qasr Al Watan in ...