ABU DHABI / WAM First Abu Dhabi Bank (FAB) and Magnati have joined forces in a strategic alliance with Geidea, Saudi Arabia’s largest fintech company, to provide digital payment acceptance services for businesses in the Kingdom. The collaboration has the potential to be transformative in the Saudi payments space and is set to create exceptional value for clients, bridging the ...
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Al Asoomi: UAE’s COP28 hosting testament to world’s recognition of its role in climate action
CAIRO / WAM Adel bin Abdul Rahman Al Asoomi, President of the Arab Parliament, said the hosting of the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) is a testament to the world’s recognition of its role, global leadership and relentless efforts to preserve a safe and sound international environment and work ...
Read More »ERC, DIB to provide homes to flood victims in Pakistan
ABU DHABI / WAM The Emirates Red Crescent (ERC) and the Dubai Islamic Bank (DIB) have signed a collaborative agreement to construct homes for those affected by the floods that hit Sindh Province in Pakistan. As per the agreement, the bank will allocate AED5 million to fund the construction of homes, while the ERC will oversee the project. The agreement ...
Read More »Abu Dhabi Maritime launches Marina Awards
ABU DHABI / WAM Abu Dhabi Maritime, part of AD Ports Group, in collaboration with the Department of Municipalities and Transport (DMT), has announced that entries can now be submitted to the inaugural “Abu Dhabi Maritime Awards (Marinas Edition)”. This brand-new awards programme aims to recognise excellence and success across leading marina facilities in the region. Moreover, the awards will ...
Read More »UAE government partners with Mastercard to accelerate adoption of artificial intelligence
DUBAI / WAM The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office, and Mastercard on Thursday signed a memorandum of understanding (MoU) to increase artificial intelligence (AI) capabilities and readiness in the region. With AI playing an increasingly transformational role across society, an initial focus of the partnership will be dedicated to battling financial crime, securing the digital ...
Read More »UAE President congratulates Indian Prime Minister on successful Chandrayaan-3 Lunar landing
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call with Narendra Modi, Prime Minister of the Republic of India, during which His Highness congratulated him on the successful landing of the Chandrayaan-3 spacecraft on the Moon. His Highness also extended his congratulations to the people of India for this momentous scientific achievement, emphasising that ...
Read More »Ministry, Bayt.com sign pact to enhance talent retention in UAE
ABU DHABI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has signed a memorandum of understanding (MoU) with Bayt.com, one of the leading job search and recruitment platforms in the region. The MoU aims to enhance the retention of competent global talent working in the UAE labour market. According to the ministry, the MoU was signed by Khalil ...
Read More »COP28 UAE Presidency unveils priorities to drive water up climate agenda
STOCKHOLM / WAM The COP28 UAE Presidency has launched its Water Agenda during World Water Week in Stockholm, which took place from August 20-24. COP28 announced its top priority areas, which include conserving and restoring freshwater ecosystems, enhancing urban water resilience, and bolstering water-resilient food systems. Furthermore, the COP28 Presidency announced a partnership with the Netherlands and Tajikistan to serve ...
Read More »Sheraa, Wio Bank sign pact to empower Sharjah start-ups
SHARJAH / WAM Sharjah Entrepreneurship Centre (Sheraa) has signed a memorandum of understanding (MoU) with Wio Bank, the region’s first platform bank, to empower ecosystem players with Wio platform that is built to reboot banking for the new digital age. The agreement comes within the framework of Sheraa’s vision on the importance of robust, reliable and reputable financial services management ...
Read More »Mohammed bin Rashid, Mansour bin Zayed wish Cambodian PM, Thai PM
ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, have sent two messages of congratulations to Hun Manet on his appointment as the Prime Minister of ...
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