News

Chaired by Mohammed bin Rashid, UAE Cabinet approves federal budget for fiscal year 2025 totaling AED71.5b in expenditures

ABU DHABI / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the Union General Budget Plan for the fiscal year 2025. The budget totals AED71.5 billion in revenues and AED71.5 billion in estimated expenditures, maintaining a balanced approach between income ...

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India-UAE High Level Joint Task Force on Investments holds its 12th meeting

MUMBAI/WAM The 12th Meeting of the India-UAE High Level Joint Task Force on Investments (HLJTFI) took place in Mumbai, Co-Chaired by Shri Piyush Goyal, Minister of Commerce and Industry, Government of India, and H.H. Sheikh Hamed bin Zayed Al Nahyan, Managing Director of the Abu Dhabi Investment Authority (ADIA). The HLJTFI was established in 2013 to promote trade, investment and ...

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TDRA to participate in Digital Government Platform at GITEX Global 2024

ABU DHABI/WAM The Telecommunications and Digital Government Regulatory Authority (TDRA) has completed its preparations to participate in GITEX Global 2024, through the Digital Government Platform, which includes 37 federal government entities. The TDRA‘s participation this year involves reviewing a number of projects and developments that achieve the role of the telecommunications sector and digital government, and enhance the digital lifestyle ...

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UAE, Korea strengthen cooperation in public oversight, integrity

SEOUL/WAM A delegation from the UAE’s Accountability Authority (UAEAA) has concluded an official visit to the Republic of Korea, during which they explored enhancing cooperation in public oversight, auditing, and combating corruption. As part of the visit, Humaid Obaid Abushibs, Chairman of the UAEAA, signed a Memorandum of Understanding (MoU) with Choe Jaehyoeng, Chairman of the Board of Audit and ...

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CEPA with Jordan strategic leap for trade, investment, say UAE officials

ABU DHABI/WAM  Several UAE ministers and officials have hailed the Comprehensive Economic Partnership Agreement (CEPA) with Jordan as a strategic move to strengthen ties with a key economic and trade partner in the Arab region, highlighting the agreement as a significant leap in cooperation that will benefit both nations by fostering economic growth and prosperity. The ministers pointed out that ...

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Global travel, tourism market to reach $11.1 trillion in 2024: ATM

DUBAI / WAM Arabian Travel Market (ATM) will underscore the pivotal role of connectivity in shaping the future of tourism with the theme, “Global Travel: Developing Tomorrow’s Tourism Through Enhanced Connectivity”, when it returns to Dubai World Trade Centre from April 28 to May 1 2025. In light of the unprecedented growth within the global travel and tourism sector, ATM ...

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ADIA establishes subsidiary in India’s GIFT City

ABU DHABI/WAM The Abu Dhabi Investment Authority (ADIA) has established a subsidiary at the Gujarat International Finance Tec-City (GIFT City), India’s international financial services centre. The subsidiary has been granted regulatory approval by the International Financial Services Centre Authority (IFSCA) and is now operational. HH Sheikh Hamed bin Zayed Al Nahyan, Managing Director of ADIA, said, “India is one of ...

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Louvre Abu Dhabi displays new collection of acquisitions and loans

ABU DHABI / AD MEDIA OFFICE Louvre Abu Dhabi has displayed new acquisitions including three artworks by Pablo Picasso alongside loans from partner museums and international institutions in its permanent galleries, encouraging cultural exchange and further strengthening Abu Dhabi as a global hub for culture. The newly exhibited artworks reinforce the museum’s pivotal role as a trusted partner with cultural ...

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UAE Ministry of Investment hosts UAE-Norway Investment Forum in Oslo

OSLO/WAM On the sidelines of HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi’s official visit to Norway, the UAE Ministry of Investment has hosted the UAE-Norway Investment Forum in Oslo. The event brought together senior officials, investors, and entrepreneurs from various economic and business sectors in both countries, showcasing investment opportunities and highlighting the ...

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Crown Prince of Abu Dhabi concludes visit to Norway

OSLO/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has concluded his official visit to Norway. During the visit, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan met with His Royal Highness Haakon Magnus, Crown Prince of Norway, and His Excellency Jonas Gahr Støre, the Prime Minister of Norway, to discuss ways to ...

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