ABU DHABI / WAM Standard & Poor’s (S&P) Global Ratings expects that the banks of the United Arab Emirates (UAE) will achieve strong performance in 2023. In a recent report, the credit rating agency said that UAE banks will benefit from strong non-oil GDP growth, which will mitigate the impact of rising interest rates on credit growth. The report expects ...

GENEVA / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has led a UAE delegation to the World Trade Organisation’s Public Forum in Geneva, Switzerland, which is being held under the theme “It’s Time for Action”. This year’s forum is exploring how the WTO, and the wider trading community, can help create a greener and ...

ABU DHABI / WAM The Zayed Sustainability Prize, the UAE’s pioneering global sustainability and humanitarian award, has announced this year’s finalists following a deliberation by its esteemed Jury. The winners will be announced at the Zayed Sustainability Prize Awards Ceremony on December 1 during the 28th Conference of the Parties (COP28) of the UN Framework Convention on Climate Change, to ...