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DUBAI / WAM The National Bank of Fujairah (NBF) announced that it has provided a long-term credit facility to CleanMax for refinancing its rooftop solar portfolio in the UAE. The facility will cover 48 different operational rooftop solar assets, located in industrial facilities, malls, schools, and universities. This new partnership between NBF and CleanMax therefore represents a significant step towards ...

DUBAI/ WAM CodersHQ, an initiative of the National Programme for Coders, organised an interactive workshop titled “Metaversing Your Education” that focussed on the application of metaverse technology in higher education and was aimed at students from universities across the UAE. The workshop witnessed participation from various speakers, including; Thaer Faraj CEO of Beyond Universe — a Microsoft partner in the ...

ABU DHABI / WAM Abu Dhabi Quality and Conformity Council (QCC) has made major strides in developing the quality infrastructure of Abu Dhabi, enhancing the emirate’s regional and international competitiveness in various key sectors, according to its annual report for 2022. QCC reported that achievements last year spanned preparing and implementing conformity programmes, reviewing and approving technical documents for partners, ...

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) has introduced the Strategic Environmental Assessment (SEA) planning programme in line with UAE’s Year of Sustainability. The SEA programme will aid in evaluating environmental impacts and guiding the investigation of alternatives and potential mitigation and monitoring efforts associated with strategic projects, plans, and development programmes. The programme will promote ...

ABU DHABI / WAM Lara Sawaya, Executive Director of the HH Sheikh Mansour bin Zayed Al Nahyan Global Arabian Horse Flat Racing Festival, affirmed that the 15th edition of the festival will comprise a total of 152 races. The new edition of the festival is taking place in implementation of the directives of His Highness Sheikh Mansour bin Zayed Al ...

TUNIS / WAM Tunisia’s cumulative tourist revenues exceeded the 1 billion-dinar milestone in Q1 of 2023, climbing 64% compared to the same period last year, according to data published by the Central Bank of Tunisia (BCT). Cumulative labour income also saw an 8.5% increase, reaching 1.9 billion dinars, against 1.7 billion dinars at the end of March 2022, Tunis Afrique ...

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) welcomed 1,839 new companies in the first quarter of 2023, representing 122% growth compared to the same period in 2022, indicating a strong start to the year for the economic zone. Rakez Group CEO Ramy Jallad commented on this achievement: “We are thrilled to welcome 1,839 new companies to ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has separately received two high-level diplomatic delegations from Bahrain and Cuba to discuss best practices and regulations for serving the interests of its members and the private sector in Sharjah and the UAE. The meetings also focussed on enhancing economic relations between business communities and exploring investment opportunities in ...

ABU DHABI / WAM The United Arab Emirates, represented by the Ministry of Finance (MoF), is participating in the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), which will be held in Washington from April 10-16. The UAE delegation is headed by Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs. ...

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and the US Secretary of State Antony J Blinken, have reviewed the latest developments in the Middle East. This came in a phone call between the two ministers, during which the UAE’s top diplomat emphasised on the importance of stopping escalation between ...