Uncategorized

DUBAI / WAM Dubai Healthcare City (DHCC) has organised an engaging Riders Sports Day for more than 100 delivery riders from Deliveroo, Careem, InstaShop and Noon. The event gave riders an opportunity to participate in friendly competition across a range of sports, including basketball, football, padel and cricket, and was created to promote the positive impact of physical activity on ...

DUBAI / WAM Rashid Abdulla Al Qaseer, Deputy Director of Ministry of Foreign Affairs’ (MoFA’s) Dubai Office met with Angelice Schempp, Consul-General of the Swiss Confederation in Dubai and received her credentials. Al Qaseer welcomed the Consul-General and hailed the political, economic, commercial and investment relations that bind the two friendly countries, wishing her success in his duties.

ABU DHABI / WAM Vietnam and the UAE are expected to conclude the Comprehensive Economic Partnership Agreement (Cepa) this year, which will add new vigour to the 30th anniversary celebrations of diplomatic relations between the two countries, a top Vietnamese diplomat told the Emirates News Agency (WAM). “During the past 30 years, the friendship and cooperation between Vietnam and the ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Zuzana Čaputová of Slovakia on the occasion of her country’s Constitution Day, observed on September 1. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness Sheikh ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan awarded the First Class Medal of Independence to Jiri Slavík on the occasion of the end of his tenure as ambassador of the Czech Republic to the UAE. Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, presented the medal to Ambassador Slavík during ...

ABU DHABI / WAM  Two of the United Arab Emirates’ Comprehensive Economic Partnership Agreements (Cepa) will come into force on September 1, promising to deliver a new era of trade and investment cooperation with two rapidly emerging global economies. The UAE-Türkiye Cepa and the UAE-Indonesia Cepa will now remove or reduce tariffs on a vast array of goods, eliminate unnecessary ...

DUBAI / WAM  Emirates Global Aluminium (EGA) on Thursday reported competitive financial performance for the aluminium sector in the first half of 2023, announcing a net profit of AED2.0 billion ($533 million). EGA announced H1 2023 adjusted Ebitda of AED4.2 billion ($1.1 billion). EGA’s aluminium segment adjusted Ebitda margin was 27 percent, leading global industry peers. The company also reported ...

ABU DHABI / WAM The UAE, represented by the General Civil Aviation Authority (GCAA), signed an air services agreement in its initials with the Republic of Palau, at the authority’s headquarters in Dubai. The agreement was signed on behalf of the UAE by Saif Mohammed Al Suwaidi, Director-General of the GCAA, and on behalf of Palau by Gustav Aitaro, Minister ...

ABU DHABI / WAM  The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has taken enforcement action against ADGM-registered audit firm, KPMG Lower Gulf Limited (KPMG). The RA imposed a financial penalty in the amount of $30,000 against KPMG for ineffective systems and controls leading to non-compliance with audit requirements under RA-administered legislation. ADGM audit regulatory framework requires audit ...

ABU DHABI / WAM Michael Bolliger, Chief Investment Officer, Emerging Markets at UBS Global Wealth Management, forecasts the UAE’s gross domestic product (GDP) to stand at 3.5 percent in 2023, rising to 3.9 percent in 2024. In a statement to the Emirates News Agency (WAM), Bolliger shared the bank’s positive outlook on the UAE’s medium-term growth prospects, supported by strong ...