Bali / WAM Indonesian Minister of Tourism and Creative Economy Sandiaga Uno has affirmed his country’s eagerness to foster cooperation with the UAE across different sectors, at the forefront of which is the green economy, clean energy, and improving business opportunities. In a statement to the Emirates News Agency (WAM), on the sidelines of the G20 Summit held on ...
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Green Future Project joins Hub71 to advance global climate solutions
Abu Dhabi / WAM Green Future Project, an Italian ClimateTech platform that offers a turn-key solution for corporate sustainability practices, will contribute to Abu Dhabi’s sustainability efforts by enabling greater access to effective climate solutions for companies as well as individuals across the world from Hub71, Abu Dhabi’s global tech ecosystem. Through its best-in-class portfolio of certified projects, Green ...
Read More »Binance secures licence from Abu Dhabi regulator
ABU DHABI / WAM Binance, world’s biggest cryptocurrency exchange, announced that it has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). The Financial Services Permission will enable Binance to provide custody to professional clients, provided they meet the conditions of the FSP as outlined by the Financial ...
Read More »Adib to provide Shari’a compliant banking services to ADGM entities
Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib) signed a memorandum of understanding (MoU) with Abu Dhabi Global Market (ADGM), the international financial centre of the UAE capital, collaborating to support the growth needs of the financial community of Abu Dhabi. The MoU entails Adib providing ADGM registered and licensed entities and dedicated client managers Preferential Shari’a compliant banking ...
Read More »UAE leads global efforts to promote tolerance, says Sheikh Nahyan
ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, has said that under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE leads global efforts to promote the values of tolerance and coexistence. In his keynote speech on the second day of the Global Media Congress marking the International ...
Read More »DXB welcomes SunExpress’ new flight
Dubai / WAM Dubai International (DXB) added a new connection to its growing list of destinations with the launch of SunExpress’ direct flights between Dubai and the Turkish city of Izmir recently. This is the second Turkish route the carrier now operates into DXB after it launched scheduled operations to Antalya in September earlier this year. SunExpress is operating ...
Read More »Arada to showcase its existing projects at Cityscape Dubai
Dubai / WAM Arada will once more take part in Cityscape Dubai, which is taking place between November 21-23 at the Dubai World Trade Centre. During the show, which brings together some of the region’s largest developers, Arada will showcase its existing projects, Aljada and Masaar, as well as announcing new expansion plans that cater to the exceptionally strong ...
Read More »Air Arabia launches new direct flights to Namangan
Sharjah / WAM Air Arabia has announced the launch of a new route from Sharjah to Namangan in Uzbekistan. The new direct flights will connect Sharjah International Airport with Namangan Airport with three weekly flights starting from November 27. Adel Al Ali, Group Chief Executive Officer of Air Arabia, said, “We are glad to further expand our reach to ...
Read More »AD Ports third-quarter net profit up 77% to AED334m
Abu Dhabi / WAM AD Ports group on Tuesday announced its financial results for the third quarter of 2022. The group’s revenue grew 53% year-on-year (YoY) to AED1,466 million in Q3 2022 (+35% YoY growth to AED3,755 million for the first nine months of 2022), driven by strong growth in its maritime cluster and a robust performance of its ...
Read More »Cabinet approves penalties for flouting Nafis initiative
DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) and the Emirati Competitiveness Council (Nafis) have started implementing the Cabinet Resolution No. 95 of 2022 regarding violations and administrative penalties related to the initiatives and programmes of (Nafis). The resolution mandates the ministry and the council to apply administrative penalties per specialisation. The cabinet resolution provides an ...
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