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Hamdan bin Mohammed attends opening of Dubai AI & Web3 Festival

DUBAI/WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, Chairman of Dubai Executive Council, and Chairman of the Higher Committee for Future Technology and Digital Economy, today attended the opening of the inaugural edition of the Dubai AI & Web3 Festival. The two-day Festival, organised by the Dubai AI ...

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Gross banks’ assets exceed AED4.3 trillion by end of June: CBUAE

ABU DHABI/WAM The Central Bank of the UAE (CBUAE) revealed that total gross banks’ assets, including bankers’ acceptances, rose by 0.5 percent from AED4,287.0 billion at the end of May 2024 to AED4,310.2 billion at the end of June 2024. In its Monetary and Banking Developments for June 2024, the central bank said Gross credit grew by 1.1 percent from ...

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Dubai AI & Web3 Festival begins, focuses on digital economy

DUBAI/WAM The Dubai AI and Web3 Festival opened on Wednesday at Madinat Jumeirah, bringing together 6,000 participants from 100 countries. The event aims to highlight Dubai’s leading role in advancing the digital economy and AI applications globally. The event, organised by Dubai AI Campus – a Dubai International Financial Centre (DIFC) initiative – will explore the commercial and economic potential ...

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UAE-India ties rooted in trust, respect: Reem Al Hashimy

ABU DHABI/WAM Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, has said that the UAE-India ties are rooted in affinity, trust and respect. In an Op-Ed to ‘The Hindu’, an Indian English-language daily newspaper, Al Hashimy said, “Given their long history of connections, the two countries are determined to keep growing and innovating together.” Following is the ...

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New diplomats sworn in before Abdullah bin Zayed

ABU DHABI/WAM A new batch of diplomats were sworn in before HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, at the ministry’s headquarters in Abu Dhabi. Following the swearing-in ceremony, HH Sheikh Abdullah congratulated the 55 newly appointed diplomats, emphasising his confidence in their ability to represent the UAE with distinction. He encouraged ...

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EtihadWE to showcase water, energy solutions at WUC 2024

DUBAI/WAM Etihad Water and Electricity (EtihadWE) will share its vision and initiatives for solar energy and the decarbonisation of water supplies at the World Utilities Congress (WUC) in Abu Dhabi from September 16 to 18 2024. EtihadWE is advancing the robust and reliable delivery of water and electricity, enhancing efficiencies across its network to support communities in the northern emirates. ...

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Mubadala Energy expands Andaman Sea position

ABU DHABI/WAM Mubadala Energy, the Abu Dhabi headquartered international energy company on Wednesday announced two significant milestones in its Andaman exploration activities. The company together with Harbour Energy has been awarded the Central Andaman licence (Harbour 60% operated interest, Mubadala Energy 40 percent) by MIGAS, the Indonesian oil and gas regulator as part of the recent Indonesian licensing round. The ...

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Khaled bin Mohamed bin Zayed chairs meeting of Executive Committee of ADNOC Board of Directors

ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors. During the meeting at ADNOC’s headquarters, His Highness endorsed ADNOC’s innovative Artificial Intelligence and Digital Technology (AIDT) ...

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UAE and Cyprus Presidents discuss cooperation and regional developments

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Nikos Christodoulides, President of the Republic of Cyprus, discussed bilateral cooperation and explored opportunities to strengthen strategic relations, particularly in the economic and developmental sectors, in ways that serve mutual interests. The meeting took place in Abu Dhabi, where His Highness the UAE President welcomed ...

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