DUBAI / WAM In a demonstration of Dubai’s ongoing commitment to marine biodiversity and ecosystems, Jumeirah Group’s Dubai Turtle Rehabilitation Project has released 15 Hawksbill and 6 Green Turtles, both of which are considered endangered species, from its Jumeirah Al Naseem beach. Coinciding with the World Sea Turtle Day 2023, the release underscores the vital role turtles play in maintaining ...
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Emirati artist’s work reinforces cultural ties between UAE, Kazakhstan
ALMATY / WAM A new exhibition by renowned Emirati artist, Latifa Saeed, has opened to the public in Almaty, reinforcing cultural ties between the UAE and Kazakhstan, and unveiling a groundbreaking artwork created simultaneously in the two countries. Titled ‘Black Silhouette’ and running until July 08, the exhibition is supported by the City Administration of Almaty, and by Dubai-based Scalo ...
Read More »Dubai records AED12.5 billion in weekly real estate transactions
DUBAI / WAM A total of 3,625 real estate and properties transactions valued at AED12.5 billion were conducted during the week ending 16th June 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 189 plots were sold for AED 2.28 billion, 2,753 apartments and villas were sold for AED 7.01 billion. The top ...
Read More »UAE pledges $15mn to UN body to boost women empowerment
NEW YORK / WAM The United Arab Emirates, a long-standing partner of UN Women, has reaffirmed its commitment to advance gender equality, the Women, Peace and Security agenda, as well as the empowerment of women and girls worldwide by committing an additional $15 million to UN Women over the next three years (2023-2025) through a pledge in New York. Noura ...
Read More »Sheikh Shakhboot bin Nahyan meets with President of Comoros
MORONI / WAM Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, met with Azali Assoumani, President of the Union of the Comoros, to discuss relations between their countries and explore the potential for mutual investment opportunities to benefit the growth and prosperity of both countries. During the meeting, the two sides discussed a range of common interests, including the ...
Read More »Sheikh Abdullah, Deputy PM and Foreign Minister of Thailand discuss cooperation
BANGKOK / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met with Don Pramudwinai, Deputy Prime Minister and Minister of Foreign Affairs of the Kingdom of Thailand, as part of his working visit to Bangkok. The meeting touched upon bilateral relations between the UAE and Thailand and means to further develop prospects for joint cooperation ...
Read More »Global stocks head for best week since March this year
BLOOMBERG Global stocks were headed for the best week in more than two months, buoyed by bets on Chinese stimulus and exuberance surrounding artificial intelligence firms. The MSCI World Index has climbed 3% this week, the most since the end of March. European shares advanced after Asian stocks staged a broad rally on Friday. US futures rose, after the S&P ...
Read More »Trading revenue to drop 20%, says Deutsche Bank
BLOOMBERGÂ Deutsche Bank AG expects trading revenue to decline as much as 20% this quarter and it is the first major European investment bank to warn of a significant slowdown. Fixed income trading will drop 15% to 20% compared with the bumper quarter a year earlier, when it rose more than 30%, Chief Financial Officer James von Moltke said on ...
Read More »Companies’ global debt may exceed estimates: Philippines
BLOOMBERG The Philippine central bank plans to require the nation’s largest business groups to disclose their foreign-debt levels due to concern their exposure may be bigger than currently estimated. The monetary authority aims to send out requests in the next three to six months as it seeks to head off any potential risk to the Southeast Asian nation’s economy, according ...
Read More »DSCE reviews Dubai’s initiatives to support sustainable development
DUBAI / WAM The Dubai Supreme Council of Energy (DSCE) organised a workshop to highlight key projects and sustainable energy systems that support the UAE Net Zero by 2050 strategic initiative, the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050. Representatives from the DSCE, the Executive Council, the Carbon Abatement Committee, and the C40 ...
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