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DUBAI / WAM The UAE is a very important economic leader and has performed exceptionally well in driving economy and governance, innovation and as a key strategic hub economy across the broader Middle East, said Mathias Cormann, Secretary-General of the Organisation for Economic Co-operation and Development (OECD). In statements to the Emirates News Agency (WAM) on the sidelines of the ...

DUBAI / WAM Danny Sebright, President of the US-UAE Business Council, stressed the significance of the World Governments Summit (WGS) as a pivotal forum uniting global thought leaders and decision-makers. Speaking to the Emirates News Agency (WAM) during the summit, Sebright highlighted the imperative for governments to collaborate with the private sector and civil society in addressing pressing global challenges. ...

DUBAI/ WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, today welcomed Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Qatar’s Prime Minister and Minister of Foreign Affairs, upon his arrival in Dubai as the leader of his country’s delegation participating in the World Governments Summit (WGS) 2024. Qatar is the Guest of Honour at ...

DUBAI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today met with Ajay Banga, President of the World Bank Group (WBG), on the first day of the World Governments Summit (WGS) 2024. The meeting was held in the presence of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince ...

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan extended his condolences today over the martyrdom of Staff Colonel Mohamed Mubarak Al Mansouri, a member of the UAE Armed Forces, who tragically lost his life in a terrorist act in the Federal Republic of Somalia along with several of his comrades while on duty training the ...

ABU DHABI/ WAM Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), said that OPEC is in active talks with several nations eager to join the OPEC+ Charter of Cooperation, following the recent accession of the Republic of Brazil. The names of these countries will be announced after the completion of the ongoing consultations, the OPEC ...

DUBAI/ WAM Dubai Electricity and Water Authority (DEWA) is the Sustainable Energy Partner of the World Governments Summit (WGS) 2024, which is taking place from 12th-14th February under the theme ‘Shaping Future Governments’. In a keynote speech titled ‘Global Energy Transitions’, Saeed Mohammed Al Tayer, MD and CEO of DEWA, will talk about the main factors impacting energy markets, effective ...

ABU DHABI/ WAM ADNOC Drilling Company PJSC today announced its financial results for the fourth quarter and full year ending 31st December 2023. Revenue for the full year was US$3.057 billion, up 14 percent year-on-year, while EBITDA for the full year increased by 20 percent to US$1.483 billion with industry-leading EBITDA margin of 49 percent. ADNOC Drilling announced that the ...

ABU DHABI / WAM Etihad Airways, the national airline of the UAE, has published its preliminary traffic statistics for January 2024. The carrier welcomed more than 1.4 million guests onboard and saw its load factor average out at 86.04 percent across the month. “In January 2024 we saw a 35 percent year-on-year growth in customer numbers and were flying to ...

DUBAI / WAM Dubai Multi Commodities Centre (DMCC) has partnered with the Dubai-based artificial intelligence firm Qx Lab AI as it gears up to launch the DMCC AI Centre later this year. Through its ‘Ask Qx’ platform, Qx Lab AI offers generative AI capabilities that can be integrated into services such as online chat functions or used by businesses and ...