News

DIFC Law on application of civil, commercial laws amended

DUBAI / WAM Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has enacted amendments to DIFC Law on the Application of Civil and Commercial Laws in DIFC (the “Application Law”). The amendments provide statutory certainty to the source of DIFC Law and how it may be interpreted. In ...

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M42’s genomics advancements to take centre stage at ADLM ‘24

ABU DHABI / WAM M42, a global health leader powered by technology, continues to pioneer artificial intelligence (AI) and genomics-driven medical and clinical solutions as part of its mission to revolutionise health in the UAE and globally. The largest healthcare company in the Middle East will showcase the unparalleled spectrum of diagnostic capabilities at the ADLM Middle East Conference and ...

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UAE unveils Mangrove Alliance for Climate Strategy 2031 at COP29

DUBAI/WAM Dr Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, unveiled the MAC (Mangrove Alliance for Climate) Strategy 2031 at the second ministerial meeting of the MAC taking place on the sidelines of COP29 in Baku, Azerbaijan on November 21. Al Dahak co-chaired the ministerial meeting with Nani Hendiarti, Deputy Minister of Coordinating Ministry for Food Affairs ...

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UAE enhances relief aid support to Sudanese Refugees in Uganda

KAMPALA/WAM The United Arab Emirates has provided 30,000 relief food packages to support Sudanese refugees in the Kiryandongo Refugee Camp in Uganda. This step, which aims to assist 100,000 people, is part of the second phase of the UAE humanitarian aid to Sudanese refugees, which was launched in April 2024. Abdalla Hassan Al Shamsi, UAE Ambassador to Uganda, along with ...

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Al Ain to host 53rd Eid Al Etihad official ceremony

AL AIN / WAM The organising committee for the 53rd Eid Al Etihad Celebration has announced that this year’s official ceremony will take place in Al Ain City. Everyone across the UAE can watch the official ceremony through the live broadcast on  December 2, which will be live-streamed across local TV channels, Eid Al Etihad’s YouTube official channel, website, cinemas ...

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Mubadala, France’s Safran ink pact to drive aerospace growth in UAE

ABU DHABI/WAM Mubadala Investment Company and Safran, a French multinational aerospace and defence corporation, have joined forces to accelerate aerospace innovation and development within the UAE. Announced at the Abu Dhabi Air Expo, this enhanced strategic framework agreement focuses on key areas of maintenance, manufacturing, human capital development, advanced material and space. This expanded collaboration leverages Mubadala’s established aerospace assets, ...

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Islamic Treasury Bonds auction attracts bids worth AED5.43b: MoF

ABU DHABI / WAM The Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, announced the results of the Islamic Treasury Sukuk (T-Sukuk) auction denominated in UAE dirhams, amounting to AED1.1 billion. This issuance is part of the Islamic T-Sukuk issuance programme for the fourth quarter ...

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Nasdaq Dubai welcomes $2 billion bonds by China’s finance ministry

DUBAI/WAM Nasdaq Dubai on Thursday announced the listing of 2 bonds by the Ministry of Finance of the People’s Republic of China. One is a three-year $1.25 billion bond, and another is a five-year $0.75 billion bond. The listing aligns with the UAE’s strategic commitment to enhance economic and financial collaboration with China, a partnership that has flourished over four ...

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ADCEB, INCON sign pact to enhance the MICE sector

ABU DHABI/ AD MEDIA OFFICE Abu Dhabi Convention and Exhibition Bureau (ADCEB), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has signed an agreement with INCON, a global network of conference and association management companies, to enhance education and cooperation within the MICE sector. During the three-year partnership, ADCEB will host INCON’s high-level education ...

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