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Zayed Sustainability Prize opens submissions for 2025 cycle

ABU DHABI / WAM The Zayed Sustainability Prize, the UAE’s pioneering global sustainability and humanitarian award, has officially announced that the 2025 cycle is now open for submissions. Submissions will be accepted until 23rd June 2024 through the Prize’s online portal. Small to medium enterprises (SMEs), nonprofit organisations (NPOs) and high schools with sustainable solutions are invited to submit an ...

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ADGM launches online dispute resolution platform

ABU DHABI / WAM The Abu Dhabi Global Market (ADGM) Arbitration Centre announced the launch of “ODR@ADGM”, an online dispute resolution platform that hosts a fully digitalised settlement and mediation service. Using this advanced service, parties from anywhere in the world will be able to resolve their disputes through self-guided negotiations or, ultimately, mediation facilitated by internationally accredited mediators. ODR@ADGM ...

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UAE’s central bank issues UAE Islamic Finance Report 2023

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) has issued the UAE Islamic Finance Report 2023 which highlights the sustainable Islamic finance efforts of Islamic financial institutions (IFIs) across the UAE. The report comes in line with the UAE’s Year of Sustainability and its recent hosting of COP28. The report analyses the performance of various Islamic finance ...

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Dragon Oil discusses 2024 plans, prospect of expansion

DUBAI / WAM Dragon Oil Company, affiliated with the Government of Dubai, held its annual brainstorming session at the Bab Al Shams Hotel in Dubai, attended by the Company’s Senior officials and Top Directors, led by CEO Ali Rashid Al Jarwan. The session’s discussions centred on reviewing the company’s strategic objectives during the current and next year, while discussing future ...

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UAE leaders congratulate Emir of Kuwait on assuming power

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, on the occasion of assuming power in the State of Kuwait. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the ...

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Humaid Al Nuaimi issues Emiri Decree transitioning Ajman University to non-profit institution

AJMAN/ WAM H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has issued Emiri Decree No.14 of 2023, transitioning Ajman University from a for-profit entity to a non-profit institution. This Decree aims at enhancing the University’s academic and research mission, ensuring its financial independence, and providing educational opportunities to students worldwide. According to the Decree, ...

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UAE sends plane carrying 1,640 household power generators to Ukraine

ABU DHABI/ WAM The United Arab Emirates has dispatched an aid plane carrying 100 tons of power generators to assist civilians affected by the ongoing crisis in Ukraine, aiming to help them cope with harsh winter conditions. The aid includes 1,640 household power generators, each with a capacity ranging from 3.5 kW to 8 kW, designed to provide electricity to ...

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