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UAE is role model of tolerance, coexistence, peace: Pope Francis

VATICAN / WAM His Holiness Pope Francis, Head of the Catholic Church praised the UAE’s approach that enhances the pillars of tolerance, coexistence and peace. While receiving a UAE delegation that included members of the Emirati Embassy in Madrid and the Tolerance and Coexistence Training Programme of the Emirates Centre for Strategic Studies and Research (ECSSR), Pope Francis said that ...

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A second great recession highly unlikely, says report

Dubai / WAM The global economy is not likely to witness another Great Recession-style collapse, despite several indicators to the contrary in recent months, according to a newly-published report by the Arab Strategy Forum in partnership with Good Judgement Inc., the world’s leading geopolitical and economic forecasting institution. Titled ‘11 Questions for the Next Decade’, the wide-ranging and far-reaching findings ...

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ADFD grants $52mn for Maldives airport project

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, commended the opening of a major infrastructure project – Maafaru International Airport, located on one of the islands of the Noonu Atoll in the Maldives. To support the strategic objectives of the Government of the Maldives, ADFD contributed AED191 million ($52 million) ...

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