BLOOMBERG The holidays are a special time of joy and giving — and a special time for generating trash. In the US alone, the amount of waste generated between Thanksgiving Day and New Year’s Day is 25% to 43% higher than average. All that trash pollutes the planet by piling up in landfills, and also contributes directly to climate change. ...

ABU DHABI / WAM The UAE dispatched a plane carrying 50 tonnes of aid in food supplies to the Republic of Seychelles to provide humanitarian relief to thousands of families impacted by the recent floods, which have caused severe and widespread damage. The plane was deployed in coordination with several humanitarian institutions in the UAE. Sultan Al Shamsi, Assistant Minister ...

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, congratulated Radosław Sikorski on his appointment as Minister of Foreign Affairs of Poland, during a phone conversation. During the call, His Highness Sheikh Abdullah bin Zayed wished Sikorski success in his new mission, highlighting the distinguished relations that their countries share. The two top ...

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) participated in the inauguration ceremony at the fishing port of Tanit in Mauritania of an ice factory that would enhance the port’s efficiency. The Fund also supervised the project, carried out for AED24 million ($6.5 million) by the Emirati company Talc Investment, which is keen to invest in Africa and ...

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) was named ‘Best Sustainable Insurer of the Year’ at the Global Sustainability Leadership Awards by the World Sustainability Congress. The World Sustainability Congress is a not-for-profit organisation advocating for sustainable leadership and brings organisations, NGO’s, public interests groups and governmental bodies together to accelerate sustainable business practices and solutions. The ...

ABU DHABI / WAM The Securities and Commodities Authority (SCA) announced on Wednesday that financial markets in the United Arab Emirates will be closed on Monday, January 1, 2024, in observance of the New Year holiday. Trading activities will resume on Tuesday, January 2, 2024, as per the SCA’s usual business hours. This decision aligns with the Federal Authority for ...

ABU DHABI / AD MEDIA OFFICE The Environment Agency – Abu Dhabi (EAD) and ADQ, have partnered with Dendra, an international environmental technology company, to leverage advanced seeding drones and AI technologies to assess and restore terrestrial and coastal ecosystems across Abu Dhabi. Under the agreement, a set of innovative solutions based on data and advanced artificial intelligence technology will ...

BEIJING / WAM As New Year approaches, experts noted that the Chinese economy remains on the trajectory of accelerating recovery, with new growth drivers continuously emerging which keeps fuelling the momentum well into 2024. Data from major travel platforms has indicated a comprehensive recovery for both domestic and cross-border tourism, Global Times reported. As of December 15, overall travel bookings ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, issued Law No (26) of 2023 pertaining to The Executive Council (TEC) of Dubai. The law highlights the TEC’s objectives, which include implementing the leadership’s vision to foster a thriving society, addressing the needs of citizens, ensuring a ...

ABU DHABI/ WAM The Abu Dhabi Securities Exchange (ADX) today saw two large direct deals executed on the stocks of Eshraq Investments and National Bank of Fujairah (NBF). The two large direct deals were executed on 102.3 million shares worth AED104.3 million. According to ADX data, the first trade was executed on NBF on 15.2 million shares worth AED68.7 million ...