Recent Posts

Sheikh Zayed Grand Mosque Centre receives 3.3mn visitors in H1

ABU DHABI / WAM The Sheikh Zayed Grand Mosque Centre (SZGMC) in Abu Dhabi received 3,334,757 visitors in the first half of 2023, a 127 percent increase compared to the same period last year. The visitors comprised 914,195 worshippers, and some 2,388,437 tourists, of which 1,684,409 visited the mosque and 704,028 visitors to the mosque’s visitor centre and market, a ...

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UAE, Mozambique sign pact in workforce field

DUBAI / WAM The UAE and the Republic of Mozambique have signed a memorandum of understanding (MoU) in the field of workforce to improve the management of the contractual work cycle for Mozambican workers in the UAE. The MoU was signed by Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation (MoHRE), and Margarida Adamugy Talapa, Minister of Labour, ...

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UAE banking sector has adequate liquidity buffers, says central bank

ABU DHABI / WAM  The Central Bank of the UAE (CBUAE) on Friday issued its Financial Stability Report for 2022. The report provides a comprehensive assessment of the stability of the UAE financial system, which remained resilient throughout 2022 despite global headwinds, and the banking sector being well capitalised with adequate liquidity buffers. The report discusses global and local macroeconomic ...

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