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UAE leaders congratulate President of Peru on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Dina Boluarte of the Republic of Peru on the occasion of her country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh ...

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UAE President receives condolences on the passing of Saeed bin Zayed

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday received condolences on the passing of Sheikh Saeed bin Zayed Al Nahyan from Their Highnesses the Rulers of the Emirates and members of the Federal Supreme Council, in addition to overseas delegations and senior officials. His Highness received condolences from HH Sheikh Hamad bin ...

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UAE President and Sheikhs perform funeral prayer for Saeed bin Zayed

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan performed the funeral prayer on Thursday for the late Sheikh Saeed bin Zayed Al Nahyan, at Sheikh Sultan bin Zayed the First Mosque in Abu Dhabi. Also present at the prayer were Their Highnesses the Sheikhs of the Al Nahyan family. The worshippers prayed to God to ...

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UAE welcomes unloading of decaying oil tanker FSO Safer off Yemen coast

ABU DHABI / WAM The UAE has welcomed the start of the United Nations implementation of its plan to unload oil from the tanker FSO Safer off the coast of Yemen in the Red Sea, which posed a major threat to the marine environment, international navigation and global trade. The Ministry of Foreign Affairs (MoFA) commended the international efforts and ...

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Dubai Ruler’s Court mourns passing of Sheikh Saeed bin Zayed Al Nahyan

DUBAI / WAM The Court of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, mourned the late HH Sheikh Saeed bin Zayed Al Nahyan, Abu Dhabi Ruler’s Representative, who passed away on Thursday. The following is the text of the statement: In the name of Allah, the Most Gracious, the Most Merciful.. ...

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Dewa commissions 676 11 kV distribution substations in H1 2023

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has commissioned 676 11kV distribution substations across Dubai in the first half of 2023. The construction of the substations and jobs related to new customers resulted in a total of 505,684 man-hours, according to the highest standards of quality and efficiency. Saeed Mohammed Al Tayer, MD and CEO of Dewa, said, ...

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COP28 UAE, UNFCCC urge G20 to show leadership on climate action

CHENNAI / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate and Simon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), have called upon G20 nations to take a greater leadership role in climate change mitigation and adaptation. With only 125 days to go, the leaders on Thursday ...

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Central Bank of UAE raises base rate by 25 basis points

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points — from 5.15 to 5.40 percent, effective from Thursday. This decision was taken following the US Federal Reserve Board’s announcement on 26th July, 2023, to increase the Interest on Reserve Balances ...

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Emirates Islamic’s net profit rises to AED 1.2b for H1

DUBAI / WAM Emirates Islamic delivered its highest ever half-year net profit, with an exceptional jump of 73 percent to AED 1.2 billion during the first half of 2023. This record profit was driven by higher funded and non-funded income reflecting improved business sentiment. Strong operating performance on higher funded income and higher non-funded income. Total income up 71 percent ...

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