News

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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UAE-built desalination plants in Egyptian Rafah pump water to Palestinians in Gaza

RAFAH/ WAM The United Arab Emirates’ “Gallant Knight 3” humanitarian operation has successfully completed the pumping of desalinated water to Palestinians in Rafah, within the Gaza Strip. The water is being pumped from UAE-built desalination plants in Egyptian Rafah through a newly installed 900-metre pipeline. The Palestinian Water Authority in Rafah then takes over the water distribution within the Gaza ...

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UAE leaders congratulate Emir of Kuwait on assuming power

ABU DHABI/ WAM 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, Prime Minister and Ruler of Dubai and ...

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ADIB, Aldar Properties close AED 1 billion sustainability linked financing deal

ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB) has arranged an AED 1 billion sustainable bilateral facility for Aldar Properties PJSC (Aldar). The financing takes Aldar’s total ESG financing facilities to AED 4.8 billion as the company transitions towards sustainable financing for its projects and investments. The transaction underscores both entities’ commitment to supporting environmentally beneficial projects aligned with the ...

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UAE President issues Federal Decree-Law establishing UAE Accountability Authority

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued Federal Decree-Law No. (56) of 2023 on establishing the UAE Accountability Authority. The new Authority will replace the Supreme Audit Institution, and will report directly to His Highness the President. Aiming at maintaining and enhancing the integrity of public finances, the new Authority will be the ...

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BEEAH announces commitment to achieving net-zero emissions by 2040

SHARJAH/ WAM BEEAH has announced its commitment to achieving net-zero emissions by 2040 within its operations by methodically building on its initiatives and projects that are already working towards this target, and in line with the COP28 consensus, the UAE’s Net Zero by 2050 Strategic Initiative and the global 1.5°C ambition. With the conclusion of COP28, the UAE officially became ...

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UAE welcomes sixth group of wounded Palestinian children, cancer patients

ABU DHABI/ WAM The sixth group of wounded Palestinian children and cancer patients arrived in the UAE today in implementation of the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to provide medical treatment for 1,000 injured children, and 1,000 cancer patients from the Gaza Strip, in the UAE’s hospitals. Departing from Al Arish International Airport in ...

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UAE, Austria hold joint economic committee meeting to strengthen cooperation

ABU DHABI/ WAM Abdulla bin Touq Al Marri, Minister of Economy, and Martin Kocher, Austrian Minister of Economy and Labour, chaired the UAE-Austria Joint Economic Committee, which was attended by several representatives from both countries’ government and private sectors. Abdullah Al Saleh, Undersecretary of the Ministry of Economy, and Florian Frauscher, Director General of Economic Affairs, Innovation, and International Policy ...

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ATM establishes official partnership with ICCA and GBTA as global business travel spending set to reach US$1.8 trillion by 2027

DUBAI/ WAM Arabian Travel Market (ATM) has announced a strategic partnership with the International Congress and Convention Association (ICCA) and the Global Business Travel Association (GBTA) for the upcoming edition of the event, which takes place from 6th to 9th May 2024 at the Dubai World Trade Centre. The renowned global organisations have been appointed as ‘Knowledge Partners’ for the ...

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