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Arab Children’s Parliament unites for climate action

SHARJAH / WAM During the second session of the third Arab Children’s Parliament, hosted by the Arab League, 52 Arab children from fifteen countries came together under the parliamentary dome. The session’s crucial theme was “Arab Children: Sustainable Efforts for Climate”, rallying for collective action in building an Arab framework responsive to current and future climate challenges. The young participants’ ...

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Dubai’s RTA constructs 19 truck rest stops, lay-bys

DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) is constructing 19 trucks rest stops and lay-bys across several hotspots in Dubai in collaboration with the private sector. The project includes 3 Integrated Truck Lay-bys: one in partnership with the Abu Dhabi National Oil Company (Adnoc) and two in partnership with Almutakamela Vehicle Testing and Registration. In cooperation with Adnoc, ...

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Dubai Customs posts robust H1 performance with 14 million transactions processed

DUBAI / WAM Dubai Customs cleared 14 million customs transactions during the first six months of this year, a 10 percent surge from the 12.7 million transactions registered in the same period last year. The UAE economy is poised to experience further growth and recovery over the second half of 2023, according to forecasts by international banks and organisations, like ...

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Dubai seeks to unlock a new phase of high-powered growth for its family business sector

DUBAI / WAM In Dubai’s awe-inspiring economic growth story, family businesses stand tall as architects of growth, innovation and value creation. Generating over 40 percent of the emirate’s GDP, the sector represents Dubai’s indomitable spirit of enterprise. Now, as the emirate seeks to unlock a new phase of high-powered growth for its economy, the government is introducing a spate of ...

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COP28 chief, Bangladeshi PM call for world’s most vulnerable to be placed at heart of climate action

DHAKA / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and COP28 President-Designate, met with the Sheikh Hasina, Prime Minister of Bangladesh, as he continued his discussions with global leaders to focus on delivering for COP28. Following his speech in Brussels, he continued to share his core action agenda to fast-track a just energy transition; ...

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Two major pacts announced at UAE-Türkiye Business Forum

ABU DHABI / WAM The UAE-Türkiye Business Forum, held in Abu Dhabi, witnessed the unveiling of two major agreements aimed at catalysing investment across key sectors of both nations’ economies. The two announcements, designed to enhance cooperation between the business communities in the two countries, were announced during the Business Forum, which aims to increase economic partnership and drive investments ...

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AD Ports, Chinese firm sign pact to build strategic relationship

ABU DHABI / WAM AD Ports Group and China Machinery Engineering Group Corporation (CMEC GROUP), a state-owned key enterprise directly managed by the central government of China, have recently signed a Memorandum of Understanding (MoU) to establish a strategic cooperative relationship. The MoU details how the two companies will explore opportunities globally, particularly in the Middle East, Central Asia, South ...

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UAE ranks first globally in mobile internet speed in June

ABU DHABI / WAM The UAE has ranked first globally in mobile internet speed for the month of June, with a download speed of 204.24 Mbps and an upload speed of 22.72 Mbps, according to the Speedtest Global Index published by Ookla, a web service that provides analysis of Internet access performance metrics. According to the index, the UAE topped ...

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Real estate mortgages in Ajman totalled AED1.5bn in H1 2023

AJMAN / WAM Omar bin Omair Al Muhairi, Director-General of the Department of Lands and Real Estate Regulation in Ajman, confirmed that statistics on real estate mortgages showed a rise in value during the first half of 2023. A total of 972 mortgage transactions valued at AED1.5 billion were recorded, a 41 percent increase compared to the same period in ...

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