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Abu Dhabi Islamic Bank issues more than 30 Shari’a certificates

ABU DHABI / WAM Abu Dhabi Islamic Bank (Adib) has announced that Internal Shari’a Supervisory Committee (ISSC) of Adib has issued Shari’a certificates both in Arabic and English. More than 30 certificates were issued, covering various products of Retail Banking including car financing, goods, real estate, investment funds, and investment deposits. Additionally, each certificate provides detailed information about crucial Shari’a ...

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Arab leaders congratulate UAE President on new leadership appointments

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday received calls from a number of Arab leaders congratulating him on the new leadership appointments. The UAE president received calls from His Majesty King Hamad bin Isa Al Khalifa of Bahrain; Egyptian President Abdul Fattah el-Sisi; President of Syria Bashar Al Assad; and President ...

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Al Burhan congratulates Mansour bin Zayed on his appointment as UAE Vice President

ABU DHABI / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court on Thursday received a phone call from Lieutenant General Abdel Fattah Al Burhan Abdelrahman, Chairman of Sudan’s Sovereign Transitional Council, during which he congratulated him on his appointment as Vice President of the UAE. Al Burhan emphasised the ...

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EAD’s sustainable exploitation index jumps to 69.1% in 2022

ABU DHABI / WAM For the fourth year in a row, the Environment Agency — Abu Dhabi (EAD) has recorded a significant improvement in the “Sustainable Exploitation Index” following the implementation of fishing-related measures and procedures. The index increased from 8.9% in 2018 to 69.1% at the end of 2022 and was calculated by evaluating a total of 35 fish ...

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UAE’s global leadership, competitiveness lauded

DUBAI / WAM Robinah Nabbanja, Prime Minister of Uganda, lauded the UAE’s global leadership and competitiveness, as well as its experience in modernising government action and its keenness to share its expertise with other governments. She made this statement during a meeting with a UAE government delegation at the “Trade and Exports Competitiveness Forum” held in Uganda’s capital, Kampala. During ...

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Etihad Airways, China Southern ink deal to enhance cooperation

ABU DHABI / WAM Etihad Airways and China Southern Airlines are set to explore deeper and broader cooperation opportunities following the signing of a memorandum of understanding (MoU) to provide passengers with an enhanced travel experience. Following Etihad’s move to Beijing Daxing International Airport (PKX), which is also China Southern Airlines’ hub, the MoU provides scope for expansion of the ...

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UAE takes part in Infrastructure Working Group meeting in India

VISAKHAPATNAM (INDIA) / WAM The UAE participated in the second Infrastructure Working Group (IWG) meeting under the G20 Finance Track for 2023, which was held in Visakhapatnam, India, to discuss the progress made on the group’s work plan for 2023 under the Indian G20 Presidency. G20 members, invited countries, and international organisations attended the meeting. The UAE delegation included Amna ...

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Aldar, Mubadala to develop new commercial assets in Abu Dhabi

ABU DHABI / WAM Aldar Properties and Mubadala Investment Company have signed heads of terms to develop commercial assets in Al Maryah Island, Abu Dhabi, which will be located within the capital’s award-winning international financial centre and free zone Abu Dhabi Global Market (ADGM). The joint venture once finalised will contribute to ADGM’s thriving ecosystem, providing capacity for more businesses ...

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UAE-Israel Cepa comes into force from April 1

ABU DHABI / WAM The UAE-Israel Comprehensive Economic Partnership Agreement, which was signed on May 31, 2022, will come into effect on April 01. This means that tariffs will be removed or reduced on more than 96 percent of product lines, which covers 99 percent of the current value of traded goods between the UAE and Israel. The UAE-Israel Cepa ...

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