Dubai / Gulf Time The Covid-19 safety protocols remain paramount at Expo 2020 Dubai, with stringent measures in place as the event prepares to mark the incredible achievement of ten million visits. Everyone is invited to come and join the celebrations on Sunday, January 16, with a special ticket entry price of just AED 10. With just 11 Sundays ...
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UAE cabinet approves reforms for workers’ rights, industrial property
ABU DHABI / WAM Chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the cabinet approved the Executive Regulations of the Federal Decree Law on Regulation of Labour Relations and the Executive Regulations of the Federal Law regarding the regulation and protection of industrial property rights. ...
Read More »Adnec gears up to host World Future Energy Summit 2022
Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (Adnec) has finalised its preparations to host the World Future Energy Summit 2022 (WFES) and its co-located events including WFES Energy, WFES Water, WFES Solar, ecoWASTE Exhibition and Forum, WFES Smart Cities, and WFES Climate and Environment, at the Abu Dhabi National Exhibition Centre (Adnec) from January 17 to ...
Read More »WAM delegation, Brazilian media outlets discuss cooperation
BRASILIA / WAM A delegation from the Emirates News Agency (WAM) and several Brazilian media outlets discussed strengthening their media cooperation and exchanging news. Their discussions took place during the visit of the delegation, led by Mohammed Jalal Al Rayssi, Director-General of WAM, to Brazil, which follows the signing of a joint cooperation agreement at Expo 2020 Dubai in ...
Read More »GCC investors buy 1% of EU’s bonds for Europe’s recovery
ABU DHABI / WAM The European Commission hopes to attract more GCC investors and financial institutions to fund its €800 billion NextGenerationEU programme, than the current one percent, said Johannes Hahn, EU Commissioner for Budget and Administration. NextGenerationEU is a temporary recovery instrument to help Europe repair the immediate economic and social damage brought about by the Covid-19 pandemic. ...
Read More »Asia’s richest man plans $76b investment in green projects
Bloomberg The conglomerate led by Mukesh Ambani, Asia’s richest man, announced plans to invest $76 billion towards clean energy projects, dwarfing an earlier commitment of $10 billion by the world’s biggest fossil-fuel billionaire. Reliance Industries Ltd., controlled by Ambani, has signed pacts with the state government of Gujarat for a total investment of 5.96 trillion rupees ($81 billion), according ...
Read More »Emirati, int’l coders to drive UAE’s future: DP World
DUBAI / WAM DP World, the leading provider of worldwide smart end-to-end supply chain logistics, has been progressing its initiative to develop the capabilities of Emirati and international coders, developers, and engineers to drive the future of the UAE. The initiative is part of its overarching strategy to deploy industry-leading technology to broaden its vision of a digitised, more ...
Read More »New Adib global sukuk fund raises AED587mn
ABU DHABI / Gulf Time Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has raised over AED587 million ($160 million) through its new flagship fund, the ADIB Global Sukuk Fund which was launched in October 2021. The fund offers investors an opportunity to invest in a diversified portfolio of regional and international sukuk instruments. It is designed ...
Read More »IHC’s unit inks sale and purchase deal with RAK cement company
ABU DHABI / WAM Apex Holding, a subsidiary of International Holding Company (IHC), and a diversified operating holding company investing across multi sectors, has agreed to Ras Al Khaimah Cement Investment (Rakcic) sale and purchase deal. The transaction was approved by the board members of Rakcic, and subject to regulatory approvals. Through this agreement, Ras Al Khaimah Cement Investment ...
Read More »Masdar’s Y4S platform set to return to ADSW
Abu Dhabi / WAM Masdar, one of the world’s leading renewable energy companies and the host of Abu Dhabi Sustainability Week (ADSW), has announced the opening of registration for the 2022 Youth 4 Sustainability (Y4S) forum, a series of youth-led discussions taking place from January 17–19 as part of ADSW 2022. The Y4S platform, held under the patronage of ...
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