Local News

Mohammed bin Rashid issues Decree regulating farms in Dubai

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, issued Decree No. (61) of 2023 regulating farms in Dubai. The Decree is aligned with Dubai’s food security strategy and its commitment to ensuring the highest public health and safety standards. The Decree focuses on several key areas including maintaining the integrity and ...

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UAE to host FEI’s inaugural Longines League of Nations series qualifier: UAE Equestrian and Racing Federation President

ABU DHABI/WAM Major General Dr. Ahmed Nasser Al Raisi, President of the UAE Equestrian and Racing Federation, said the UAE has won the bid to host one of the qualifiers of the International Federation for Equestrian Sports’ (FEI) inaugural Longines League of Nations series for the next four years, featuring the world’s top ten jumping teams. The FEI’s new series ...

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Global outstanding sukuk market surged to $823 billion by Q3-23: Fitch’s Global Head of Islamic Finance

DUBAI/WAM Bashar Al-Natoor, the Global Head of Islamic Finance – Managing Director, Fitch Ratings, has projected a sustained uptrend in global sukuk issuance, with the market soaring to US$823.4 billion at the end of Q3-23, reflecting a robust 9.8% annual growth. Speaking to the Emirates News Agency (WAM), Al-Natoor attributed the surge to several key factors driving the adoption of ...

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Mohammed bin Rashid announces Lina Ghotmeh as GAM Architecture & Design Award winner

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has announced Prof. Lina Ghotmeh, architect and professor of architecture, as the winner of the first Great Arab Minds (GAM) award in the architecture and design category, in recognition of her timeless contributions to global architecture. In a tweet published on his official ...

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ADDED unveils platform to enhance manufacturers’ access to financing

ABU DHABI/WAM The Abu Dhabi Department of Economic Development (ADDED) has launched ‘Business Financing Facilitation Platform’ to enhance manufacturers’ access to financing and achieve objectives of the Abu Dhabi Industrial Strategy (ADIS), aiming to strengthen the Emirate’s position as the region’s most competitive industrial hub. The platform is a new addition to the Financial Ecosystem Programme, designed by ADDED’s Industrial ...

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UAE ranks first among Arab economies in competitiveness

ABU DHABI/WAM The United Arab Emirates has cemented its position as the most economically competitive nation in the Arab world, securing the top spot in the latest Arab Economic Competitiveness Index released by the Arab Monetary Fund (AMF). This dominant performance, highlighted in the seventh edition of the AMF’s Arab Economic Competitiveness Report, underscores the UAE’s sustained progress across crucial ...

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Moro Hub presents General Secretariat of Dubai Executive Council with green certificate

DUBAI/WAM Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), presented a Green Certificate to The General Secretariat of Dubai Executive Council. The certificate was presented to Sabah Al Shamsi, Director of Corporate Services at The General Secretariat of Dubai Executive Council by Mohammad Bin Sulaiman, Chief Executive Officer of Moro Hub. ...

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