BLOOMBERG The slide in the yen isn’t over, despite expectations the dollar may not be quite so strong in coming months, said the top forecaster for the currency. The yen will probably weaken to 152 against the dollar this year, and 155 in 2024, Tohru Sasaki, JPMorgan Chase & Co.’s head of Japan markets research, said in an interview. Even ...
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‘India, UAE as G20, COP28 chairs to set agenda for a new world’
ABU DHABI / WAM As respective chairs of G20 Summit in New Delhi, and COP28, the UN Climate Conference in Dubai this year, India and the UAE are bringing their synergies to use these platforms to set the agenda for a new world, a top Indian diplomat told the Emirates News Agency (WAM). In an exclusive interview with WAM at ...
Read More »Abu Dhabi Airports, Abu Dhabi Customs sign pact to reinforce excellence
ABU DHABI / WAM Abu Dhabi Airports announced the signing of a service level agreement (SLA) with the General Administration of Customs, to reinforce service levels, and enhance the passenger journey as well as the customer experience. The pact was signed in the presence of Rashed Lahej Al Mansoori, Director-General of the General Administration of Customs, and Elena Sorlini, Managing ...
Read More »UAE President receives Armenian foreign minister
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday met with Ararat Mirzoyan, Foreign Minister of Armenia. During the meeting, at Qasr Al Shati in Abu Dhabi, Mirzoyan conveyed to His Highness the greetings of Vahagn Khachaturyan, President of Armenia, and his wishes for the continued progress and prosperity of the United Arab ...
Read More »Adnoc Gas signs $450-550 million LNG supply pact with PetroChina
ABU DHABI / WAM Adnoc Gas on Thursday announced an agreement, valued between $450 million (AED1.65 billion) and $550 million (AED2 billion), to supply Liquefied Natural Gas (LNG) to PetroChina International Company Limited (PCI), a subsidiary of PetroChina Company Limited, one of the leading oil and gas producers and distributors in China. This agreement underscores Adnoc Gas’ growing global presence, ...
Read More »UAE leaders congratulate King of Eswatini on National Day
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to King Mswati III of Eswatini, on the occasion of his country’s National Day, which is observed on September 6 . His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh ...
Read More »Sheikh Abdullah launches MoFA’s 2023-2026 strategy, honours Excellence Award winners
ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has launched the Strategy of the Ministry of Foreign Affairs (MoFA) 2023-2026, at a ceremony held at the ministry’s headquarters in Abu Dhabi. Sheikh Abdullah also honoured the winners of the 4th MoFA Excellence Award at the ceremony. Attending the ceremony were Sheikh Shakhboot bin ...
Read More »Adnoc to invest in carbon capture project in Mena
ABU DHABI / WAM Adnoc has announced a final investment decision (FID) to develop one of the largest carbon capture projects in the Middle East and North Africa (Mena) region. The pioneering Habshan carbon capture, utilisation and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million tonnes per annum (mtpa) of carbon dioxide (CO2) within ...
Read More »Federal Tax Authority promotes tax awareness among students
DUBAI / WAM The Federal Tax Authority (FTA) has launched a new series of events, including a set of specialised educational workshops, to promote tax awareness among school and university students as part of its comprehensive awareness campaign for this key sector. The events are scheduled to coincide with the start of the 2023/2024 academic year and aim to enhance ...
Read More »SIBF is exemplary Arab accomplishment, we are elevating its role to enrich global culture: Bodour Al Qasimi
SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Book Authority (SBA), has affirmed that Sharjah is solidifying its status as a global cultural hub and serves as a reliable destination for all those seeking to discover Arab culture and its rich history and contributions to humankind. The SBA Chairperson also noted that the emirate’s cultural platforms ...
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