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UAE President receives Russian Security Council Secretary

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Sergei Shoigu, Secretary of the Security Council of the Russian Federation, in Abu Dhabi on Tuesday. During the meeting at Qasr Al Shati, His Highness and Mr Shoigu discussed ongoing efforts to enhance cooperation and joint initiatives between the two nations, following His Highness’ ...

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UAE’s ADX, FTSE Russell launch FTSE ADX 15 Islamic Index

ABU DHABI / WAM FTSE Russell, an LSEG business, and Abu Dhabi Securities Exchange (ADX) have launched the FTSE ADX 15 Islamic Index (FADXI15), enhancing ADX’s leadership in the GCC and establishing a next-generation benchmark for the growing market. The new index addresses the rising demand for Shariah-compliant investment products, providing a dedicated solution for Islamic finance investors within the ...

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Aviation sector contributes AED137bn to Dubai’s economy in 2023

DUBAI / WAM Emirates Group and Dubai Airports released an economic impact study that reaffirms the central role aviation plays in Dubai’s economy, by quantifying its contributions and forecasting the sector’s upwards trajectory, based on financial and passenger growth projections for the sector. The study, compiled by global research firm Oxford Economics, includes an assessment of direct economic activity generated ...

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