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DUBAI / WAM Dubai Chambers has signed a memorandum of understanding with the financial technology company “noqodi” to develop digital payment solutions for the services it provides to the business community. The agreement comes as part of the chambers’ efforts to support the ‘Cashless Dubai’ strategy, which aims to enable seamless and secure digital payment solutions across the public and ...

DUBAI / WAM Dubai Electricity and Water Authority (DEWA) on Monday reported its first nine-month consolidated financial results for 2024, recording cumulative revenue of AED23.5 billion, EBITDA of AED11.8 billion and net profit after tax of AED5.5 billion. Saeed Mohammed Al Tayer, MD and CEO of Dewa, said, “Dewa’s 6.2% revenue growth to AED23.5 billion and 4.7% increase in EBITDA ...

DUBAI / WAM The UAE, represented by a delegation from the Ministry of Human Resources and Emiratisation (MoHRE), participated in the first preparatory meeting for the Global Forum on Migration and Development (GFMD) 2024-2025, held recently in Geneva, under the Chairship of Colombia, in collaboration with France. In his remarks at the GFMD Steering Committee meeting, Ambassador Jamal Al Musharakh, ...

ABU DHABI / WAM Fertiglobe on Monday reported Q3 2024 revenues of $496 million, adjusted EBITDA of $176 million, and adjusted net profit of $31 million. The company reported 9 month 2024 revenues of $1.5 billion, adjusted EBITDA of $496 million, and adjusted net profit of $135 million. Q3 2024 and 9 month 2024 reported net profits attributable to shareholders ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a Federal Decree No 27 of 2024 to establish the UAE Aid Agency, affiliated with the International Humanitarian and Philanthropic Council. The agency shall have an independent juridical personality and full legal capacity to act. The agency is tasked with implementing foreign aid programmes ...

BAKU/WAM The 2024 United Nations Climate Change Conference of the Parties of the UNFCCC (COP29) is being held in Baku, Azerbaijan, from 11th to 22nd November 2024.COP29 aims to limit global warming to 1.5°C, emphasising the urgent need for investment in climate action. The approach involves boosting ambition through national plans and transparency while driving action with effective financing to ...

ABU DHABI/WAM The United Arab Emirates is set to make a significant impact at China International Aviation & Aerospace Exhibition 2024 by showcasing its promising aviation and aerospace sectors. The 15th edition of the prestigious event, scheduled for November 12 to17 in Zhuhai, China, will serve as a platform for the UAE to highlight its technological prowess and strategic partnerships. ...

KUWAIT/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has departed the State of Kuwait, concluding a state visit. His Highness Sheikh Sabah Khaled Al-Sabah, Crown Prince of Kuwait, along with several Sheikhs and senior officials, led the delegation bidding farewell to His Highness and the accompanying delegation at the Amiri Airport.

KUWAIT/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived in Kuwait today on a state visit. Upon arrival at the Amiri Airport, His Highness Sheikh Mohamed bin Zayed was warmly received by His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait, and His Highness Sheikh Sabah Khaled Al-Sabah, Crown Prince of Kuwait. A formal welcome ceremony ...

MOSCOW/WAM The UAE national team is participating in the BRICS Esports Championship 2024 in Moscow. The UAE team will compete in Tekken 8 and take on teams from China, Russia, Brazil, South Africa, Egypt, Ethiopia, and Iran at Moscow’s VK Play Arena. Players will face off in round-robin group stages and Olympic-style playoffs before the finals on Sunday, November 10 ...