ABU DHABI / WAM Oxford Economics, an independent economic advisory firm, has predicted that the UAE economy will grow by 4.4% in 2024. This growth is being driven by a number of factors, including government initiatives to support economic diversification. In his statement to the Emirates News Agency (WAM), Scott Livermore, Chief Economist, Oxford Economics Middle East, and Managing Director, ...
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COP28 Presidency unveils steps supporting women’s leadership in climate diplomacy
ABU DHABI / WAM The COP28 Presidency has announced measures to support the representation and participation of women at the UN Climate Change Conference COP28 in th UAE. The measures include financial assistance to encourage stronger attendance of women delegates, technical training sessions, and support for an international conference. “Historically, the perspectives and leadership of women have been underrepresented in ...
Read More »Crown Prince of Abu Dhabi attends wedding of Theyab bin Khalifa bin Sultan Al Nahyan
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 attended a wedding reception hosted by His Highness Sheikh Tahnoun bin Mohammed Al Nahyan, the Ruler’s Representative in Al Ain, for the marriage of Sheikh Theyab bin Khalifa bin Sultan Al Nahyan to the ...
Read More »Mohammed bin Rashid chairs UAE Cabinet meeting, approves Federal General Budget 2024-2026 of AED192 billion
ABU DHABI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, chaired the UAE Cabinet meeting at Qasr Al Watan, Abu Dhabi, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of Presidential Court; H.H. Sheikh Maktoum bin Mohammed bin Rashid Al ...
Read More »Abdullah bin Zayed, Antony Blinken discuss latest regional developments
ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, and US Secretary of State Antony J. Blinken discussed, during a telephone conversation, the latest developments in the region, and the ongoing escalation between Israelis and Palestinians. During the call, H.H. Sheikh Abdullah stressed the importance of exercising the utmost restraint, noting that Gaza’s escalation forebodes dire ...
Read More »UAE President and French President discuss bilateral ties and regional developments
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone on Sunday to French President Emmanuel Macron to discuss bilateral relations and opportunities for further collaboration to advance the development ambitions of both countries. The two leaders also discussed the latest regional developments and stated their shared belief in the importance of dialogue and communication to bring ...
Read More »Hotel establishments generated revenues of AED 26 billion in the first seven months: Bin Touq
ABU DHABI/WAM In the first seven months of the year, hotel establishments in the UAE generated revenues of AED 26 billion, witnessing a growth of up to 24 percent compared to the corresponding period last year, revealed Abdullah bin Touq Al Marri, Minister of Economy and Head of the Emirates Tourism Council, during a meeting of the council. Bin Touq ...
Read More »Dubai maintains top global ranking for attracting Greenfield FDI projects in H1 2023
DUBAI/WAM Dubai remains the top global destination for attracting Greenfield Foreign Direct Investment (FDI) projects, with the emirate attracting 511 Greenfield projects in H1 2023, as per Financial Times ‘fDi Markets’ data – the comprehensive online database on cross-border greenfield investments. Dubai continues to set new benchmarks in global performance as an investment destination, surpassing second-placed Singapore by 325 projects. ...
Read More »DEWA’s stand at COP28 highlights its globally leading projects in sustainability
DUBAI/WAM Dubai Electricity and Water Authority (DEWA)’s stand at the United Nations Framework Convention on Climate Change (COP28), which will be hosted by the UAE at Expo City Dubai, will showcase its most prominent and globally leading projects and those of its subsidiaries. The stand will be located in the Green Zone, and will highlight DEWA’s efforts in energy, water, ...
Read More »Minister of Industry & Advanced Technology inaugurates ‘Standard Turf’ factory and visits ‘Rabdan’ vehicle facility
ABU DHABI/WAM Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, inaugurated Standard Carpets Industries’ new factory ‘Standard Turf at Dubai Industrial City, a member of TECOM Group PJSC and one of the largest industrial ecosystems in the region.’ Standard Carpets is one of the world’s largest producers and exporters of carpets, rugs, and artificial grass. As ...
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