News

UAE supplies Japan with 38.2% of oil imports in November 2024

TOKYO/WAM Japan’s oil imports from the UAE amounted to 27.16 million barrels, representing 38.2 percent of total imports in November 2024, according to data from the Agency for Natural Resources and Energy under Japan’s Ministry of Economy, Trade and Industry. In the same month, Japan imported approximately 71.18 million barrels of oil, with Arab oil accounting for 95.1 percent, or ...

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Adnoc to drive AED200b into UAE economy over 5 years

ABU DHABI/WAM Adnoc is set to drive AED200 billion into the UAE’s economy over the next five years through its In-Country Value (ICV) programme. This strategic initiative will boost economic growth and diversification, reinforcing Adnoc’s commitment to supporting the nation’s long-term prosperity. This new target unlocks significant opportunities for local and international companies to engage with Adnoc’s procurement pipeline, fostering ...

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UAE President receives Italian Defence Minister

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday received His Excellency Guido Crosetto, Minister of Defence of the Italian Republic. During the meeting at Qasr Al Shati in Abu Dhabi, His Highness and the Italian Defence Minister discussed cooperation between the two countries and opportunities to develop ties in various areas, particularly ...

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Ministry of Health and Prevention wins Excellence in Health Tech Innovation

DUBAI/WAM The Ministry of Health and Prevention (MoHAP) has won the Excellence in Health Tech Innovation Award at the Tech Innovation Awards, organised by Entrepreneur Middle East. The recognition further cements MoHAP leadership in digital transformation and adds to the ministry’s growing portfolio of local and international honours, demonstrating the UAE’s commitment to leveraging advanced technology to enhance government services. ...

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Department of Health – Abu Dhabi receives Startup Ecosystem Stars Award 2024

ABU DHABI/AD MEDIA OFFICE The Department of Health – Abu Dhabi (DoH) has received the Startup Ecosystem Stars Award 2024, a global accolade run by the International Chamber of Commerce (ICC) Mind the Bridge in collaboration with the OECD and the European Commission. The recognition aims to reflect Abu Dhabi’s position as a global hub for healthcare innovation and life ...

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EAD, Nabat to revolutionise mangrove restoration

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) has announced a partnership with Nabat, a new climate tech venture by the Advanced Technology Research Council’s VentureOne, to revolutionise mangrove restoration in Abu Dhabi by leveraging AI and autonomous robotics to enhance effectiveness, efficiency, and accuracy. The agreement was signed during the first edition of the International Mangroves ...

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Ministry of Energy and Infrastructure marks notable achievements in 2024

ABU DHABI / WAM The UAE, through the Ministry of Energy and Infrastructure, has made notable achievements across the energy, infrastructure, housing, and transportation sectors during 2024. These achievements are a testament to its steadfast commitment to enhancing sustainable development and ensuring the well-being of society, with a focus on innovation and technology. Suhail Mohamed Al Mazrouei, Minister of Energy ...

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UAE’s real GDP grows by 3.6% in first half of 2024

ABU DHABI / WAM Abdulla bin Touq Al Marri, Minister of Economy, has asserted that the preliminary estimates of the UAE’s GDP in the first half of 2024, issued by the Federal Competitiveness and Statistics Centre, reflect remarkable economic growth and competitiveness, solidifying the country’s position as a leading economic power for business and investment. Bin Touq explained that the ...

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Mohammed bin Rashid congratulates winner of Great Arab Minds Award in Economics 2024

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has congratulated Professor Yacine Aït-Sahalia, Professor of Finance and Economics at Princeton University, for winning the Great Arab Minds Award in Economics for 2024. His Highness Sheikh Mohammed praised Professor Yacine Aït-Sahalia for his pioneering contributions to financial econometrics, ...

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