Local News

ADIB successfully issues $500 million green senior sukuk marking world’s first ever green USD sukuk issued by a financial institution

ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced today that it has successfully raised USD 500 million via a green Sukuk offering, marking the world’s first ever green USD sukuk issued by a financial institution. ADIB, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable outlook, priced the ...

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UAE government adopts proactive approach to meet the requirements of the development march:Mohammed bin Rashid

ABU DHABI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, affirmed that the UAE government adopts a proactive approach to meet the requirements of the development march. His Highness Sheikh Mohammed bin Rashid Al Maktoum added: “A year ago, we launched ‘We the UAE 2031’… More than 152 federal government projects ...

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Our priorities for next stage are to maintain our economic momentum, focus on youth, promote sustainable projects: Mohammed bin Rashid

DUBAI/ WAM Chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the UAE Government Annual Meetings kicked off today, in Abu Dhabi in the presence of more than 500 dignitaries, ministers, and senior officials at the federal and local levels. In his statement during the inaugural day of the UAE Government ...

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AD Ports Group acquires 10 offshore vessels for around US$200 million

ABU DHABI/ WAM AD Ports Group (ADPORTS) today announced the purchase of 10 offshore vessels that will bolster offshore operations in the Middle East and Southeast Asia. The investment is around US$200 million into a well-maintained, diversified fleet with an average age of around 9 years, significantly less than the industry average. All ten vessels are expected to be delivered ...

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UAE sends 6 additional aircraft to support construction of field hospital in Gaza

ABU DHABI/ WAM The UAE today sent six additional aircraft carrying supplies and equipment to support the construction of the field hospital, set to be established in the Gaza Strip. The aircraft, which departed from Abu Dhabi and are bound for Al-Arish International Airport, Egypt, are part of the UAE’s Operation “Gallant Knight 3”, launched by the UAE to support ...

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Mansour bin Zayed launches National Platform for Gender Balance with participation of local governments

DUBAI/ WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, launched the “National Platform for Gender Balance.” This innovative platform serves as a unifying force, providing essential data on gender balance at both federal and local government levels. The platform’s unveiling took place on Tuesday, 7th November, among the ...

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Mohammed bin Rashid opens Gulfood Manufacturing 2023

DUBAI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today opened Gulfood Manufacturing, the world’s premier FB manufacturing event, at the Dubai World Trade Centre (DWTC). His Highness Sheikh Mohammed bin Rashid Al Maktoum said, “Gulfood Manufacturing embodies the UAE’s pivotal role in influencing the future of vital industries that are ...

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Mansour bin Zayed meets with Executive Councils’ Secretaries to coordinate federal and local governments’ efforts on national objectives

ABU DHABI/ WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, affirmed that the UAE, under the wise leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and ...

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GMC highlights UAE’s central role in reshaping media landscape, says SGMB Director-General

SHARJAH / WAM The Global Media Congress (GMC) is a unique platform that brings together media experts, creative minds, and leaders to highlight the UAE’s central role in reshaping the media landscape, said Tariq Saeed Allay, Director-General of the Sharjah Government Media Bureau (SGMB). A platform for excellence, innovation, and knowledge sharing, the GMC convenes prominent entities, institutions, and influential ...

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