News

ADSG marks 15 years of leading climate action

ABU DHABI / WAM Abu Dhabi Sustainability Group (ADSG), founded by Environment Agency – Abu Dhabi (EAD) in 2008, is marking its 15-year anniversary, which coincides with the UAE Year of Sustainability. Through its efforts, the ADSG and its members have positioned Abu Dhabi as a leading hub for sustainability initiatives, setting a model for organisations worldwide for voluntary collaboration ...

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UAE’s help brought Bangladeshi UN staffer back to life, says envoy

ABU DHABI / WAM An abducted Bangladeshi employee of the UN in Yemen was completely hopeless at one point, but the UAE’s help brought him back to normal life, a top Bangladeshi diplomat told the Emirates News Agency (WAM). “During his 18-month long ordeal, he was ill and needed medication, but it was difficult for him to get medical support. ...

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Economists convened by COP28 set out next steps to reform climate finance

ABU DHABI / WAM A two-day meeting of world leading economists and finance leaders convened by the COP28 Presidency has delivered consensus on the key next steps needed to establish a new framework for international climate finance and to drive progress at COP28 and beyond to COP29 and COP30. World-leading economists from the Independent High-Level Expert Group (IHLEG) met with ...

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National Bonds, PCFC ink pact to promote savings

DUBAI / WAM National Bonds announced a new partnership with the Ports, Customs and Free Zone Corporation (PCFC), that aims to provide their employees with innovative savings and investment solutions. This partnership came into being considering the recent study conducted by National Bonds, which states that 76% of people are planning to save and invest in the UAE. Through this ...

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UAE’s Al Dahra, Adex sign $500m deal to supply wheat to Egypt

CAIRO-ABU DHABI / WAM Al Dahra, a global agribusiness leader based in Abu Dhabi, and Abu Dhabi Exports Office (Adex), have partnered to supply wheat to Egypt in a five year deal starting 2023. The five-year agreement, worth $100 million per year, will provide Egypt with a steady supply of high-quality imported milling wheat.“This agreement solidifies our commitment in establishing ...

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Inaugural Abu Dhabi Global Healthcare Week to take place in May 2024

  ABU DHABI / WAM The inaugural Abu Dhabi Global Healthcare Week will take place from May 13-15, 2024, at Abu Dhabi National Exhibition Centre. To be held under the patronage of HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, the event will be organised by the ...

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Dubai chamber receives total of 75 mediation cases in H1

DUBAI / WAM Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has revealed that it received a total of 75 mediation cases during H1 2023. Mutually agreeable settlements were achieved in 35 of these cases, representing a success rate of 46.7% and highlighting mediation as one of the most effective means of settling trade disputes ...

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Yalla Group records AED561 million in first half revenues

DUBAI / WAM Yalla Group Limited on Tuesday announced its unaudited financial results for the first half of the fiscal year 2023, ending on June 30. According to the financial results, Yalla’s H1 revenues have broken the AED561 million mark ($152.8 million), an increase of 2.9% compared to the first half of last year. Likewise, the H1 net income exhibited ...

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