DUBAI / WAM Arabian Travel Market (ATM) 2023 is ready to welcome the global travel, tourism and hospitality community to the UAE from May 1-4. The 30th edition of the show will host over 2,000 exhibitors, representatives from more than 150 countries and an anticipated 34,000 attendees. Taking place at Dubai World Trade Centre (DWTC) in collaboration with the emirate’s ...
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UAE’s strong progress in combatting money laundering, terrorist financing highlighted
ABU DHABI / WAM Hamid AlZaabi, Director-General of the Executive Office for Anti-Money Laundering and Counter Terrorism Financing (AML/CFT), has announced that the UAE has made significant progress in combating money laundering and terrorist financing in the past year. The Financial Action Task Force (FATF) commended the country’s progress during its latest meeting. The Executive Office is working closely with ...
Read More »Sharjah celebrates winners of SAAC
SHARJAH / WAM The winners of the 26th session of the 20th edition of the Sharjah Award for Arab Creativity (SAAC) — First Edition, held under the patronage of HH Dr Sheikh Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, were honoured at a ceremony in Amman, Jordan. The event was organised by the Department of ...
Read More »UAE, Cambodia conclude Cepa to bolster trade ties
ABU DHABI / WAM TheUAE and the Kingdom of Cambodia have finalised the terms of a Comprehensive Economic Partnership Agreement (Cepa), paving the way for a new era of trade and investment cooperation between the two nations. The successful conclusion of negotiations was confirmed with the signing of a joint statement by Dr Thani bin Ahmed Al Zeyoudi, UAE Minister ...
Read More »Sharjah Ruler issues decree on supplementary grant
SHARJAH / WAM His Highness Sheikh Dr Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri decree on the supplementary grant for the insured beneficiaries and salaried persons in the emirate of Sharjah. The decree stipulates that eligible beneficiaries of insured persons under the Sharjah Social Security Fund and those receiving salaries from ...
Read More »Emirates Islamic posts AED601m profit in Q1
DUBAI / WAM Emirates Islamic, a leading Islamic financial institution in the UAE, has reported a record net profit of AED601 million for the first three months of 2023, reflecting a remarkable increase of 76% year-on-year. The bank’s total income surged by 74%, driven by higher core revenues due to improved financing and deposit mix with higher profit rates, coupled ...
Read More »Ministry of Tolerance all set to mark International Workers’ Day
ABU DHABI / WAM Under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, the Ministry of Tolerance and Coexistence is set to celebrate International Workers’ Day with all workers in the UAE. The event will take place at Manarat Al Saadiyat in Abu Dhabi on Sunday and will be attended by several ministers, senior ...
Read More »Sharjah to host ‘Career Journey’ Exhibition
SHARJAH / WAM Expo Centre Sharjah and Microtec Educational Services have joined forces to bolster cooperation in the educational and professional exhibitions and conference sectors. The two entities signed a partnership agreement to organise events jointly at the International Education Show hosted by the centre in collaboration with the Sharjah Chamber of Commerce and Industry (SCCI), the Ministry of Education ...
Read More »EU lands jet-fuel deal to start decarbonisation of air travel
BLOOMBERG The European Union (EU) reached a deal to spur the use of more climate-friendly jet fuels in a bid to gradually start bringing the aviation sector in line with its green goals. Negotiators from the European Parliament and member states agreed that the share of sustainable aviation fuels made available in the region’s airports should total 6% by 2030, ...
Read More »Japan’s ANA rebounds from Covid-19 with first annual profit since 2020
BLOOMBERG ANA Holdings Inc reported operating income of 120 billion yen ($897 million) for the full year through March, its first annual profit since the 12 months ended on March 2020 thanks to a rebound in travel demand. Japan’s biggest airline also gave a better-than-expected forecast for the coming year, saying operating profit should rise to 140 billion yen, compared ...
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