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UAE dispatches plane with 55 tonnes of relief to Ukraine

ABU DHABI / WAM The UAE has dispatched a plane fully loaded with 55 tonnes of relief and medical supplies, including 360 portable electric generators, 5,000 personal laptops for educational purposes, winter clothes, blankets, and medical aid to assist those affected by the conflict in Ukraine. This is part of the UAE’s continuous efforts to provide relief and mitigate the ...

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UAE makes promising strides in global competitiveness race in 2024

ABU DHABI / WAM The UAE has made promising strides in the global competitiveness race in 2024, securing top rankings in several international and regional reports and indices. This is a clear indication of the effectiveness and efficiency of the country’s comprehensive development strategy and its pioneering experience in government work management. The results achieved by the UAE reflect the ...

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SEC approves 2 proposed laws regarding real estate matters

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, chaired the Sharjah Executive Council (SEC) meeting, on Tuesday, at the Sharjah Ruler’s Office. The meeting was attended by HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, and Vice Chairman of the Sharjah Executive Council. The ...

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NMDC Group reports 65% surge in net profits in 2023

ABU DHABI / WAM National Marine Dredging Company Group (NMDC Group) announced its financial results for the full year 2023 (FY2023), reporting record growth in revenues and net profits compared to the previous year. This success is attributed to NMDC’s focused approach to implementing policies and strategies aimed at growth, expansion, and integrating sustainability into every aspect of its operations. ...

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WGS24: PwC Middle East spotlights future of governance

DUBAI / WAM PwC Middle East at the World Governments Summit (WGS) 2024 introduced the Global Ministers Survey, highlighting the perspectives of 50 government ministers from across the globe on the key challenges and opportunities that they face in maximising public value and impact. For over a decade, PwC Middle East, one of the world’s largest professional services firms, has ...

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WHO Director-General praises UAE’s healthcare progress at WGS 2024

DUBAI / WAM Dr Tedros Ghebreyesus, Director-General of the World Health Organisation (WHO), has lauded the United Arab Emirates for substantial advancements in its healthcare sector. He noted that the country showcased notable enhancements across various health indicators, including a rise in life expectancy, stating, “the UAE has made a lot of progress over many years, life expectancy has improved, ...

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Forward-thinking financial policies key to future preparedness: MoF Undersecretary at WGS

DUBAI / WAM Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, has emphasised the ministry’s forward-thinking approach towards its policies and operations, stressing innovative strategies to tackle financial sustainability challenges. In statements to the Emirates News Agency (WAM) on the sidelines of the World Governments Summit (WGS 2024), Al Khoori highlighted the ministry’s efforts to enhance financial empowerment ...

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Al Mal Capital REIT launches rights issue on March 4

DUBAI / WAM Al Mal Capital REIT, listed on the Dubai Financial Market (DFM), is launching a rights issue on March 4, the fund said in a statement. “This significant rights issue is an important step in our journey to generate consistent and sustainable value for investors, solidifying our position as a leading real estate asset manager and investor in ...

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COP28 launches ‘The COP Presidencies Troika’ in partnership with COP29, COP30

DUBAI / WAM COP28 today launched a partnership with Azerbaijan and Brazil, who will host COP29 and COP30, respectively, to improve cooperation and continuity between current and future COP Presidencies, leading to increased climate action in support of “Mission 1.5°C”. The partnership, known as The COP Presidencies Troika, marks the first time that a current COP Presidency has been formally ...

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