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DUBAI / WAM Emirates NBD has made an investment in Erguvan, a climate and financial technology venture aimed at providing financial institutions and corporations with digital infrastructure, enabling them to manage the impacts and risks of climate change. The investment was made via Deniz Ventures, an investment fund launched by DenizBank, Türkiye, under the umbrella of Emirates NBD Innovation Fund, ...

MUSCAT / WAM The delegation of the National Human Rights Institution (NHRI), headed by Maqsoud Kruse, participated in the “Human Rights Institutions Forum” held in Muscat, Oman, from September  12-13. The Oman Human Rights Commission organised the forum with the General Secretariat of the Gulf Cooperation Council (GCC). The forum witnessed the participation of representatives from the GCC, National Human ...

DUBAI / WAM Dubai Customs has earned ISO 30414 certification in human capital reporting standards. This achievement places it among the pioneering government bodies in Dubai to secure this prestigious certification, following a rigorous evaluation conducted by the International Organisation for Standardisation (ISO). The accolade was awarded based on a comprehensive audit and assessment of 59 key performance indicators within ...

DUBAI / WAM In the first half of 2023, Dubai Municipality notched a 19 percent year-on-year increase in smart transactions, highlighting the accelerated digitisation of its public services.  With a series of digital initiatives, ranging from an advanced construction management system to AI-powered customer service, the Municipality is raising the benchmarks of urban governance. By embracing the potential of next-generation ...

HONG KONG / WAM Abdullah bin Touq Al Marri, Minister of Economy, stressed that the UAE and China share strong strategic relations, which have witnessed continuous development in various fields and sectors. In his statements to the Emirates News Agency (WAM), Al Marri said that China is the largest trading partner of the UAE, which in turn is Beijing’s largest ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, stressed the importance of caring for ancient manuscripts in all fields, because of their great benefits for new generations in knowing their heritage. The Ruler of Sharjah indicated that the House of Manuscripts in the emirate of Sharjah will be open to ...

BLOOMBERG In the first hands-on testing of the iPhone 15 Pro and Pro Max, the new materials and charging port stand out as the most distinct changes from last year’s models. The new phones’ use of titanium along the sides, which replaces stainless steel, is an attention-grabbing addition. The material is meant to make the phones more lightweight and durable, ...

DUBAI / WAM Master developer Expo City Dubai has announced the second phase of its Shamsa Townhouses project in Expo Valley, launching a limited number of units following the sell-out of the first phase. Demonstrating its global appeal, the project has seen interest from both investors and owners from around the world. Mangrove Residences, the first of three clusters of ...

ABU DHABI / WAM Edge entity Milrem Robotics, Europe’s leading developer of robotics and autonomous systems, on Wednesday unveiled the THeMIS Combat unmanned ground vehicle (UGV), equipped with the HALCON Hunter 2-S swarming loitering munition. HALCON is a regional leader in the design and production of guided weapons systems and beyond. The new THeMIS Combat was unveiled in London at ...

BLOOMBERG The dollar is poised to jump with Treasury yields in the coming months as still-elevated inflation will likely push the Federal Reserve toward further policy tightening, says Clifton Hill at Acadian Asset Management. Hill, a global macro portfolio manager, sees the US currency gaining an additional 5% versus many peers, with the trigger coming as policy makers signal further ...