News

Dubai / WAM A new animation film was released by Expo 2020 Dubai, showcasing the ghaf tree, and how it symbolises Expo 2020’s message of unity and collaboration. The animated short film tells the story of ‘Salama’, a wise character based on a real-life ghaf tree preserved on the event’s site due to its value as the national tree of ...

DUBAI / WAM The Ministry of Climate Change and Environment, MOCCAE, the Ministry of Foreign Affairs and International Cooperation (MoFAIC), and the Environment Agency – Abu Dhabi (EAD), have launched the joint ‘Al Maha Diplomacy’ initiative to preserve local biodiversity. As part of the initiative, the three entities seek to introduce the international community to the UAE’s flora and fauna ...

Dubai / Emirates Business The UAE Organising Committee of the 24th World Energy Congress has announced the signing of an agreement with Dana Gas, the Middle East’s first and largest regional private sector natural gas company, which will become a Silver sponsor and exhibitor at the Congress. Held every three years, the World Energy Congress is the world’s largest, longest-running ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has exchanged Ramadan greetings with Dr. Ahmad Al Tayyeb, Grand Imam of Al Azhar Al Sharif. In a phone call, he extended greetings and his best wishes for the Grand Imam of Al Azhar ...

HADRAMAUT / WAM Some 20,000 individuals will receive food aid distributions in Yemen’s Hadramaut Governorate, an Emirates Red Crescent representative has revealed. As part of its Iftar campaign, the ERC will distribute food aid to indigent families across remote villages in Hadramaut throughout the Holy Month of Ramadan. Hamid Rashid Al Shamsi, ERC representative in Hadramaut, said that the campaign ...

Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD), has delivered a lecture at the Emirates Diplomatic Academy (EDA), in Abu Dhabi, to highlight the Fund’s role in promoting socio-economic development in developing countries. The session also focused on ADFD’s own contribution to achieving the UN’s Sustainable Development Goals (SDGs). Delivered by Fatima Al Balooshi, Media Advisor at ADFD, the ...

Sharjah / WAM More than 100 chairpersons and members of business councils as well as foreign investors interested in setting up businesses at the Sharjah International Airport Free Zone (Saif Zone), met to discuss the zone’s high-end services and incentives. The meeting was organised by Saif Zone and attended by representatives of multinational companies including Marian Carella, Chairman of Philippine Business ...

Bloomberg President Donald Trump said that the US will boost its purchases of domestic farm products for humanitarian aid in an effort to offset lost demand from China as trade tensions flare between the nations. Trump said on Twitter that the US will use its money from the tariffs to buy American agricultural products “in larger amounts than China ever ...

Bloomberg Foxconn Technology Group Chairman Terry Gou said he won’t continue to lead the company’s board once a new lineup is elected at an annual shareholders’ meeting next month. “I am sure, 100%,” Gou said , referring to his determination to leave the role at Hon Hai Precision Industry Co, as the company is also known. “I am no longer ...

Bloomberg For a masterclass in the upside potential of pharma M&A, look no further than Takeda Pharmaceutical Co.s sale of an eye drug to Novartis AG. By one measure, the deal represents a 2,025% return. Shire Plc, which Takeda bought in January, obtained the assets through a 2013 acquisition. It paid $160 million upfront to gain the late-stage experimental drug, ...