News

WORLD CAPITALS / WAM Gold prices took a breather from a record-breaking rally on Monday, with traders awaiting a key inflation report for fresh clues on the timing of rate cuts. According to Reuters, spot gold was steady at $2,179.97 per ounce, as of 0731 GMT. US gold futures were also little moved at $2,186.70. Gold climbed a record peak ...

DUBAI / WAM Dubai Multi Commodities Centre (DMCC) on Monday published its 2023 Annual Report and confirmed its second-best year on record as companies continue to flock to its business district. A total of 2,692 new companies joined DMCC last year, bringing the total number of companies in DMCC to over 24,000. The launch of new industry ecosystems, the expanded ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received congratulatory messages from Kings, Presidents, and Emirs of Arab and Islamic nations, on the occasion of the Holy Month of Ramadan. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...

ABU DHABI / WAM 42 Abu Dhabi, the UAE capital’s coding school that trains Emirati and expatriate coders to support the Emirate’s digital transformation, is serving a global purpose as well. Offering a free-of-charge learning model, the school is also educating students from impoverished communities worldwide and empowering them, Marcos Muller Habig, the school’s Acting CEO, told the Emirates News ...

ABU DHABI / WAM The UAE Banks Federation (UAEBF) expressed strong support for the Central Bank of the UAE’s (CBUAE) launch of “Sanadak”, the first Ombudsman Unit catering to consumers of Financial Institutions and Licenced Insurance Companies. This initiative is seen as a significant step forward for the UAE’s financial services sector, solidifying its position as a regional leader. Sanadak ...

ABU DHABI / WAM Abu Dhabi Global Market Academy (ADGMA), the knowledge arm of the international financial centre in Abu Dhabi, has signed a memorandums of understanding (MoUs) with Burjeel Holdings, NMC Assetco Limited, and Aster DM Healthcare, respectively, facilitating initiatives that focus on the healthcare sector within the UAE National Agenda and builds the ideal platform to develop a ...

ABU DHABI/ WAM The Sheikh Zayed Grand Mosque Centre (SZGMC) has completed its preparations to receive masses of worshippers and visitors during the Holy Month of Ramadan 1445. In Ramadan 1444, the mosque welcomed 684,945 worshippers and visitors while a record of over 60,000 worshippers gathered at the mosque on the 27th night of Ramadan to observe Laylat Al Qadr, ...

ATHENS/ WAM Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technolog and COP28 President, led a delegation to Greece as part of an official working visit, comprising government officials and private sector representatives. During the visit, Dr. Al Jaber held several bilateral meetings with Kyriakos Mitsotakis, Prime Minister of Greece; George Gerapetritis, Minister of Foreign Affairs; and ...

DUBAI/ WAM The Dubai Health Authority (DHA) today launched the “Dubai Disaster Medicine Programme”, an initiative aimed at enhancing the city’s healthcare readiness and bolstering its public health safety system in preparation for potential medical emergencies. The programme aims to raise the city’s medical response capacity during disasters, emergencies and crises through a unified and internationally accredited approach aligned with ...

ABU DHABI/ WAM The Joint Operations Command of the Ministry of Defence has announced the implementation of the seventh airdrop of humanitarian and relief aid by the UAE Air Force and the Egyptian Air Force in the northern Gaza Strip, as part of the “Birds of Goodness” operation, which aims to alleviate the suffering of the war-ravaged Palestinian people. Joint ...