CAIRO/WAM The United Arab Emirates participated in the extraordinary ministerial session of the Arab Economic and Social Council, held on Monday at the headquarters of the General Secretariat of the Arab League in Cairo. The session was convened in preparation for the Fifth Arab Development, Economic and Social Summit, scheduled to take place in Baghdad, the capital of Iraq, next ...
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E& UAE redefines 5G with 6 GHz, 600 MHz testing
ABU DHABI/WAM On Monday, e& UAE announced a pioneering test of the 6 GHz and 600 MHz spectrum bands, recently allocated for IMT (International Mobile Telecommunications) by the Telecommunications and Digital Government Regulatory Authority (TDRA). Achieving ultra-fast speeds of up to 10 Gbps with the power of 6GHz complemented by a seamless aggregation with other FR1 TDD bands using a ...
Read More »UAE tourism generates AED45b in hotel revenues in ‘24: Al Marri
ABU DHABI/WAM Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the Emirates Tourism Council, highlighted the continued growth and robust performance of the UAE’s tourism sector. He attributed this growth to the wise leadership’s directives and forward-looking vision, which led to the development of sustainable policies, strategies, and initiatives that drive the sector’s progress. Tourism remains a ...
Read More »DLD, Vara partner to link real estate registry with tokenisation
DUBAI / WAM Dubai Land Department (DLD) has signed a cooperation agreement with the Dubai Virtual Assets Regulatory Authority (VARA) with the aim of linking the real estate registry to property tokenisation through an advanced governance system. This initiative seeks to enhance the efficiency of property management companies and increase liquidity in the real estate market, reinforcing Dubai’s position as ...
Read More »Abu Dhabi’s non-oil foreign trade records 9% growth in ‘24
ABU DHABI / WAM Abu Dhabi Customs reported a 9 percent increase in the emirate’s non-oil foreign trade in 2024, reaching AED306 billion, compared to AED281.9 billion in 2023, reflecting the vitality of the emirate’s economy and its growing relations with trading partners around the globe. Non-oil exports soared 16 percent in 2024, reaching AED107.8 billion compared to AED93 billion ...
Read More »UAE Ambassador presents credentials to King of Sweden
STOCKHOLM / WAM Ghasaq Shaheen, UAE Ambassador to the Kingdom of Sweden, presented her credentials to His Majesty King Carl XVI Gustaf, during an official ceremony at the Royal Palace in Stockholm. She conveyed the greetings of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler ...
Read More »Under the patronage of Mansour bin Zayed, MoHRE launches 3rd edition of Emirates Labour Market Award
DUBAI / WAM Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, the Ministry of Human Resources and Emiratisation (MoHRE) has announced the launch of the third edition of the Emirates Labour Market Award 2025. The first initiative of its kind in the UAE, the award ...
Read More »Abu Dhabi to host 2nd edition of Bitcoin MENA in December
ABU DHABI / WAM Building on the landmark success of the inaugural Bitcoin MENA conference in December 2024, ADNEC Group & BTC Inc Group on Monday announced the return of Bitcoin MENA to Abu Dhabi for a second edition, set to take place on December 8 and 9, 2025. Scheduled to open the day after the Abu Dhabi Formula One ...
Read More »UAE’s outstanding bonds, sukuk hit $309.4bn by Q1 2025: Fitch
DUBAI / WAM UAE’s outstanding bonds and sukuk surged to $309.4 billion by Q1 2025, marking an 8.3 percent year-on-year increase, according to Fitch Ratings. Bashar Al Natoor, Managing Director and the Global Head of Fitch Ratings’ Islamic Finance Group, told the Emirates News Agency (WAM), that the UAE’s debt markets continue to witness strong growth. He explained that this ...
Read More »AIM Congress 2025 kicks off in Abu Dhabi today
ABU DHABI / WAM The 14th edition of the AIM Congress begins on Monday under the theme ‘Mapping the Future of Global Investment: The New Wave of a Globalised Investment Landscape – Towards a New Balanced World Structure.’ The event will take place from April 7 to 9 at the ADNEC Centre, Abu Dhabi. Presidents of countries, more than 60 ...
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