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Ministry of Finance to organise high-level roundtable to discuss climate finance during COP28

DUBAI / WAM The UAE Ministry of Finance announced its participation at the 28th United Nations Climate Change Conference of the Parties (COP28) scheduled to be held in the UAE from November 30 December 2, through several events and meetings that highlight the importance of climate finance to achieve sustainable economic development. The ministry’s participation in COP28 reflects its keenness ...

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Sheikh Theyab witnesses signing of Etihad Rail-Adnoc agreement

ABU DHABI / WAM HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Office of Development and Martyrs Families Affairs at the Presidential Court and Chairman of Etihad Rail, has witnessed the signing of a strategic partnership agreement between Etihad Rail, developer and operator of the UAE National Rail Network, and Adnoc. The agreement aims to establish ...

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Commemoration Day an occasion to express gratitude for martyrs of homeland: Sheikh Mansour

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, emphasised that Commemoration Day is a day of loyalty and gratitude to the nation’s martyrs and recognition for their sacrifices and act of heroism, which will remain role medals of dignity and landmarks of glory for generations ...

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Commemoration Day shines brightly in our nation’s life: Sheikh Mohammed bin Rashid

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, said that Commemoration Day, now observed for the ninth consecutive year, stands as a resplendent beacon illuminating the nation’s collective spirit. Marking this solemn occasion on 30th November, His Highness Sheikh Mohammed affirmed that Commemoration Day transcends mere remembrance, becoming a ...

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UAE demonstrates its maritime competencies at IMO

DUBAI / WAM Presenting its profile for category B candidacy in the International Maritime Organisation (IMO) Council at the organisation’s focus group in London, the UAE’s delegation has displayed very powerful contributions made to the sector over the years, that have influenced the industry globally. Boasting a rich maritime history, and a coastline of 1650 kilometres, the UAE’s strategic location ...

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UAE marks ‘Commemoration Day’ on November 30

ABU DHABI / WAM The United Arab Emirates will mark “Commemoration Day” on Thursday, dedicated to honouring the nation’s martyrs who made the ultimate sacrifice in the line of duty inside the country and abroad. On Commemoration Day, observed annually on November 30, the UAE recalls the heroism of its righteous sons who gave their lives in the pursuit of ...

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Sacrifices made by our brave heroes will continue to inspire successive generations: UAE President

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has said that Commemoration Day is an occasion of profound significance, on which the nation pays tribute to those who selflessly gave their lives in defence of the UAE, its people, its values, and its sovereignty. In a statement to mark Commemoration Day, observed on November ...

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Bitcoin retakes $38,000 while rate cut expectations rise

BLOOMBERG Bitcoin climbed back above $38,000 amid optimism the US central bank may be closer to lowering borrowing costs if inflation continues to decline. The largest cryptocurrency by market value gained as much as 3.3% to $38,264 before trimming the increase. Bitcoin reached an 18-month high of $38,422. Lower rates generally increase investors’ appetite for riskier assets such as digital ...

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Treasuries extending gains as Federal Reserve pivot bet grows

BLOOMBERG Treasuries continued their November rally as expectations grew that the Federal Reserve is done with policy tightening and may start cutting interest rates next year. European equities and US futures edged higher, following a mixed session in Asia. German bonds headed for their longest streak of gains in more than four weeks as state data showed inflation continued to ...

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