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UAE chairs 52nd meeting of Arab ICT Permanent Committee in Abu Dhabi

ABU DHABI/ WAM The UAE capital, Abu Dhabi, hosted the 52nd session of the Arab ICT Permanent Committee on 15th January 2024, for two days. The meeting was led by the UAE, represented by Mohammed Al Ramsi, TDRA Deputy Director General for the Telecommunications Sector. Delegations from various Arab countries, Technical Secretariat of the Arab Telecommunications and Information Council of ...

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Business leaders remain optimistic about trade movement in 2024: Economist Impact and DP World Study

DAVOS/ WAM Despite the challenges of 2023 and escalating geopolitical tensions, business leaders remain surprisingly optimistic for 2024, according to new research from Economist Impact and DP World, unveiled today at the World Economic Forum. The primary driver is a growing belief that technology will transform the efficiency and resilience of supply chains. Amid escalating concerns about protectionism, global fragmentation ...

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Under the directives of Mohammed bin Rashid, Hamdan bin Mohammed launches ‘Dubai Integrated Housing Center’ to provide 54 residential services under one roof

DUBAI / WAM Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai, and Chairman of Dubai’s Higher Committee for Development and Citizens Affairs, launched the ...

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S&P projects UAE’s GDP to grow over 5% in 2024

DUBAI/ WAM The UAE’s GDP is expected to expand by over 5 percent in 2024, exceeding the 2.8 percent growth expected for the global economy, according to Standard and Poor’s Global Ratings projections. Tatiana Leskova, Associate Director of Corporate Ratings at Standard and Poor’s Global Ratings, told the Emirates News Agency (WAM) that “while the global economy remained subdued operating ...

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Nasdaq Dubai welcomes listing of US$600 million green bond by China Construction Bank

DUBAI/ WAM Nasdaq Dubai has welcomed the listing of a US$600 million green bond by China Construction Bank (DIFC Branch). The green bond issuance targets combating climate change, represents China Construction Bank’s significant commitment to sustainable financing and highlights the growing synergy in green financing between China and UAE. To mark the issuance, Li Xuhang, Consul-General of the People’s Republic ...

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AD Ports, CMA CGM, Ecocean join forces to preserve marine biodiversity at Khalifa Port

ABU DHABI/ WAM AD Ports Group, a leading facilitator of global trade, logistics, and industry, CMA CGM Group, a global player in maritime, land, air and logistics solutions, and Ecocean, an innovative company serving aquatic biodiversity, have signed a scientific cooperation framework agreement that will see the installation of 48 Biohuts in Khalifa Port. Designed to restore biodiversity and promote ...

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World of Coffee 2024 to feature 1,650 firms, brands from 51 nations

DUBAI / WAM DXB LIVE, the integrated event management and experiential agency of Dubai World Trade Centre (DWTC), has announced that the third edition of the World of Coffee 2024 exhibition, scheduled to run from January 21-23 at DWTC, will see the participation of 1,650 companies and brands from across 51 countries. The three-day event, which is held in collaboration ...

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Abdullah bin Zayed makes phone calls with British, Israeli counterparts, Sigrid Kaag

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has made phone calls with David Cameron, Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom; Israel Katz, Minister of Foreign Affairs of Israel, and Sigrid Kaag, the United Nations’ Senior Humanitarian and Reconstruction Coordinator for Gaza. Sheikh Abdullah discussed with ...

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