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ABU DHABI/WAM Emirates Development Bank (EDB) has provided AED1.12 billion in financing to the food security sector, representing 8% of its total cumulative financing. Since the launch of its new strategy in April 2021, EDB’s total financing has reached AED14.72 billion, reflecting the strategic importance the bank places on this critical sector. By supporting food security, EDB seeks to cultivate ...

ABU DHABI/WAM The Federal National Council (FNC) on Wednesday adopted a set of recommendations during the discussion of the government’s policy regarding artificial intelligence (AI). The 3rd meeting of the second ordinary session of the 18th legislative chapter of the Federal National Council (FNC) was chaired by its Speaker Saqr Gobash. Omar bin Sultan Al Olama, Minister of State for ...

ABU DHABI/WAM Adnoc Gas plc announced on Wednesday that Worley Engineering Pty Ltd has been awarded the Front-End Engineering and Design (FEED) contract for new gas processing facilities at Bab Gas Cap (BGC). The new facilities would boost Adnoc Gas’ current processing capacity by 20% or over 1.8 billion standard cubic feet per day (scfd) with a Final Investment Decision ...

DUBAI / GULF TIME His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, took to social media platform X, and praised the performance of Lieutenant General Mohammed Ahmed Al Marri, Director General of GDRFA Dubai, in a post on Wednesday. His Highness Sheikh Mohammed said, “Over the past 30 ...

SHARJAH / WAM The 11th edition of the Sharjah Calligraphy Forum, under the theme “Numerals” wrapped up following a two-month celebration dedicated to Arabic calligraphy, drawing 30,000 visitors from around the world. The forum, organised by the Cultural Affairs Department of the Sharjah Department of Culture and held under the patronage of HH Sheikh Dr Sultan bin Mohammed Al Qasimi, ...

ABU DHABI / AD MEDIA OFFICE The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has launched of a new awareness campaign, Our Traditions, Our Roots, celebrating Abu Dhabi’s cultural heritage. The campaign is launching with a short film featuring Emirati poetry, crafts, traditional performing arts and other forms of cultural expression. Fostering pride in the Emirati ...

ABU DHABI / AD MEDIA OFFICE In celebration of Eid Al Etihad 53, and commemorating the journey of the Founding Father, Sheikh Zayed bin Sultan Al Nahyan, the National Library and Archives (NLA) has gifted a substantial number of copies of its distinguished publication, Zayed – A Visual Journey, to various official institutions and prominent figures across the UAE. His ...

DUBAI/WAM Emirates Central Cooling Systems Corporation (Empower) has announced the commencement of operations of the first phase of its new district cooling plant in Jumeirah Beach Hills (JBH). Empower revealed that the plant’s total production capacity is set to reach 48,000 refrigeration tons (RT) upon the completion of all phases. This impressive output will serve the Jumeirah area, internationally acclaimed as ...

ABU DHABI/WAM The Abu Dhabi Investment Office (ADIO), in partnership with the Department of Municipalities and Transport (DMT), has announced a tender for a new Musataha project to design, build, maintain and operate premier events arenas in Madinat Al Riyadh and Madinat Zayed. The initiative is part of Abu Dhabi’s vision for sustainable urban development, fostering vibrant community engagement through ...

MUSCAT/WAM The Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) stated that the UAE is a global hub for the new economy, boasting an active and highly competitive economy, flexible and productive human capital, and an advanced innovation-driven environment shaping the future. The UAE has emerged as one of the world’s most prosperous societies, ...