News

Emirates NBD introduces ‘carbon market trading’

DUBAI / WAM Emirates NBD has taken the lead in the region in offering carbon future contracts trading, fulfilling growing demand from corporations to manage their carbon emissions offsetting and align with the UAE’s Net Zero action plan. The group aims to continue being at the forefront of the rapidly evolving carbon trading landscape in the region, providing clients with ...

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Jawaher Al Qasimi highlights developmental institutions’ role in driving communities’ growth

SHARJAH / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, wife of HH the Ruler of Sharjah and Chairperson of the Supreme Council for Family Affairs (SCFA), reaffirmed the critical role developmental institutions play in driving the continued growth and prosperity of communities amidst the ever-evolving changes and transformations modern societies encounter. She underscored that these institutions in Sharjah embody ...

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Dubai Customs completes 12m declarations in 6 months with 10% growth

DUBAI / WAM Ahmed Mahboob Musabih, Director-General of Dubai Customs and CEO of Ports, Customs, and Free Zone Corporation, announced that Dubai Customs successfully processed 12.3 million customs declarations during the first half of 2023, marking a 10 percent growth compared to the same period last year. With an impressive average of 48 declarations per minute, Dubai Customs’ advanced customs ...

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Adnoc Gas awards $1.34bn in contracts for new gas pipeline

ABU DHABI / WAM Adnoc Gas plc on Monday announced the award of $1.34 billion in contracts to Petrofac Emirates LLC and the Consortium between National Petroleum Construction Co PJSC and CAT International Ltd for the expansion of its natural gas pipeline network. Under the sales gas pipeline network enhancement (ESTIDAMA) programme, the new pipeline will extend Adnoc Gas’ existing ...

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UAE strongly condemns Israeli attacks on Palestinian city of Jenin and its camp

ABU DHABI / WAM The UAE strongly condemned the attacks by the Israeli occupation forces on the Palestinian city of Jenin and its camp through air strikes and shootings, which resulted in deaths and injuries. In a statement, the Ministry of Foreign Affairs (MoFA) called for the immediate halt of repeated and escalating campaigns against the Palestinian people, and urged ...

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Rakez, Icfa ink pact to foster trade in food, agriculture

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) and the Indian Chamber of Food and Agriculture (Icfa) signed a memorandum of understanding (MoU) aimed at fostering mutual growth and development within the food and agriculture sectors of the UAE and India. The MoU was signed by Group CEO of Rakez Ramy Jallad and Icfa Chairman Dr MJ ...

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Sharjah Art Foundation announces summer school for children, adults

SHARJAH / WAM Sharjah Art Foundation (SAF) is offering a wide range of educational and engaging activities for children and adults this summer. The Summer School programme, which runs from July 8 to August 28, will enhance the artistic and crafting skills of the participants through technical courses and workshops led by experienced artists. Offered in English and/or Arabic, the ...

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