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Sheikh Mohammed bin Rashid honours winners of the fourth Mohammed bin Rashid Medal for Scientific Distinction

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, honoured the winners of the fourth edition of the Mohammed bin Rashid Medal for Scientific Distinction, which recognises accomplished scientists and researchers. The award ceremony, held at the Za’abeel Palace, was attended by His Highness Sheikh Maktoum ...

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Falconry between past and present at Adihex 2023

ABU DHABI / WAM The 20th edition of the Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) will be held from August 23-29, sponsored by the Environment Agency — Abu Dhabi, the International Fund for Houbara Conservation (IFHC), and the Abu Dhabi National Exhibition Centre (Adnec), which is also the venue of the event. Raising awareness about the value of ...

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UAB completes issuance of AT1 capital instruments

SHARJAH / WAM United Arab Bank PJSC (UAB) has announced the successful issuance of its $150 million Additional Tier 1 (AT1) capital instrument which recently concluded through a private placement as per the general assembly approval.  This landmark issuance will strengthen the bank’s capital adequacy and boost its Tier 1 Capital ratio. Commenting on the transaction, Shirish Bhide, Chief Executive ...

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Dubai charity auction raises AED97.9 million for 1 Billion Meals Endowment campaign

DUBAI / WAM The Most Noble Number charity auction, held this evening in Dubai, has raised AED97.920 million that will go in full towards supporting the “1 Billion Meals Endowment” campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to establish the largest Ramadan sustainable food ...

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UAE leads national efforts with ‘Green Retreat’ ahead of COP28

DUBAI / WAM The UAE Ministry of Climate Change and Environment, a leading force in global climate initiatives, hosted ministers and over 150 high-ranking officials from 50 government and private entities at the ‘Green Retreat’. This collaborative event showcased the UAE’s dedication to addressing climate change and served as a strategic precursor to the nation’s much-anticipated hosting of the Conference ...

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Trade growth to slow to 1.7% in 2023: WTO

GENEVA / WAM Global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall, WTO (World Trade Organization) economists said in a new forecast. Weighed down by the effects of the crisis in Ukraine, stubbornly high inflation, tighter monetary policy and financial market uncertainty, the volume of world merchandise trade ...

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Dubai Airports receives two international safety awards

DUBAI / WAM Dubai Airports, the operator of Dubai International (DXB) and Dubai World Central (DWC), has been awarded two prestigious international safety awards. The operator was granted a “Silver” Royal Society for the Prevention of Accidents, UK (RoSPA) award, and the International Safety Award 2023 with “merit” status by the British Safety Council. The two honours were granted in ...

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WHO nations map out accord to protect world from future pandemic emergencies

GENEVA / WAM Countries of the World Health Organisation (WHO) have mapped out how negotiations on a global accord on pandemic prevention, preparedness and response will move forward with a view to presenting a draft accord for approval by the World Health Assembly in May 2024. Discussions on the draft pandemic accord took place during the fifth meeting of the ...

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