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DUBAI/WAM SANDBOX, the Accelerator programme dedicated to the growth of tech startups, and part of Oraseya Capital, the venture capital investment arm of the Dubai Integrated Economic Zones Authority (DIEZ), today announced the conclusion of its fourth cohort. Seven technology startups received investment from Oraseya Capital, with each startup receiving AED 570,000 (USD 150,000) following their success in the programme, ...

AJMAN/WAM The Free Zones Authority of Ajman has maintained its steadfast efforts this year in bolstering the emirate’s economic diversification strategy and stimulating the investment and trade landscape in the emirate, with an increase of 18 percent year-on-year (YoY) in net profit in H1 2024. The Authority reported a 70 percent growth in the number of companies operating in the ...

ABU DHABI/WAM As part of its efforts to enhance agricultural production and increase its contribution to strengthening national food security in the UAE, the Ministry of Climate Change and Environment (MOCCAE) has announced the launch of a programme to improve the efficiency of agricultural advisory services (agricultural extension). The programme aims to improve the skills of agricultural extension agents or ...

NOUAKCHOTT/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, attended the inauguration ceremony of Mohamed Ould Ghazouani, who was re-elected as President of the Islamic Republic of Mauritania after winning presidential elections. Sheikh Shakhboot bin Nahyan conveyed the greetings of President His Highness Sheikh Mohamed bin Zayed Al ...

ABU DHABI/WAM HH.Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved the launch of the Medeem Centre for Family Nurturing, part of the Medeem initiative launched by the Department of Community Development in April 2024. During a meeting with the Department of Community Development’s senior management, ...

ABU DHABI/WAM The Central Bank of the UAE (CBUAE) and the Dubai Courts have signed a Memorandum of Understanding (MoU) aimed at linking electronic services related to the execution of judgments, orders, and decisions issued by the Dubai Courts through the Central Bank’s court cases management system. The MoU was signed by Khaled Mohamed Balama, CBUAE Governor, and Prof. Saif ...

EL ALAMEIN/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, in New Alamein City as part of a private visit lasting several days. During their meeting, His Highness and the Egyptian President discussed the strong fraternal relations between their countries across wide-ranging areas of ...

SHUSHA/WAM The ninth session of the UAE-Azerbaijan Joint Intergovernmental Commission (JIC) for Economic, Trade and Technical Cooperation between the two countries was held in the Azerbaijani city of Shusha, chaired by Abdullah bin Touq Al Marri, Minister of Economy; and his Azerbaijani counterpart Mikayil Jabbarov. The session was attended by several senior officials and government and private sector representatives from ...

BRASÍLIA/WAM Brazil’s central bank held its interest rate steady for the second consecutive meeting. Policymakers voted unanimously to keep the benchmark rate, known as the Selic, unchanged at 10.5% on Wednesday, Bloomberg reported. In June, Brazil’s central bank halted the interest rate cuts that had been in place for nearly a year. Recently, the government has called for a reduction ...

ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, during a phone conversation with Antony Blinken, Secretary of State of the United States of America, discussed serious developments in the Middle East region. They discussed efforts to end escalation in all its forms and reach a comprehensive and lasting ceasefire in the ...