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UAE Foreign Minister meets representatives of Jewish organisations on sidelines of UNGA78

NEW YORK / WAM The UAE Minister of Foreign Affairs HH Sheikh Abdullah bin Zayed Al Nahyan has met with representatives of Jewish organisations on the sidelines of the UNGA78 in New York. The meeting discussed a range of issues of common interest, the UN General Assembly agenda, the current situation in the Middle East and ways to enhance the ...

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UAE Foreign Minister holds meetings in New York

NEW YORK / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, met separately with a number of foreign ministers participating in the 78th Session of the United Nations General Assembly (UNGA78) in New York. His Highness met with Ivica Dacic, First Deputy Prime Minister and Minister of Foreign Affairs of Serbia; Senator Dr Zambry Abd ...

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Stocks fluctuate as oil’s climb adds to interest rate concerns

BLOOMBERG Stocks fluctuated as traders braced for a potentially hawkish message from major central banks meeting to set interest rates. Benchmark Brent crude oil topped $95 a barrel for the first time since November, adding to concerns about inflation. Oil giants TotalEnergies SE, BP Plc and Shell Plc were among the biggest contributors to gains in Europe’s Stoxx 600 benchmark, ...

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China’s equity rout puts at risk $5bn worth of derivatives by Koreans

BLOOMBERG The persistent weakness in Chinese stocks listed in Hong Kong augurs ill for risk-loving retail investors in South Korea, given their exposure to the market through complicated structured products. Equity-linked securities, or ELS, worth 7 trillion won ($5.3 billion) — mostly tied to the Hang Seng China Enterprises Index — were at risk of capital losses as of end-June, ...

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Khaled bin Mohamed bin Zayed launches new vision and strategy for Abu Dhabi Media Network

ABU DHABI/ AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has launched the new vision and strategy for Abu Dhabi Media Network, during a launch ceremony held today at Abu Dhabi National Theatre. During the event, His Highness endorsed a detailed overview of the new ...

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UAE national banks lead in sustainable financing and climate initiatives ahead of COP28

ABU DHABI/ WAM National banks in the UAE are playing a pivotal role in promoting sustainable financing and supporting climate neutrality initiatives, in line with the UAE government’s vision to promote sustainable economic growth and achieve net zero by 2050. The banking sector’s significant role in combating climate change by providing green financing and supporting climate initiatives is summed up ...

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UAE President receives Ruler of Umm Al Qaiwain

ABU DHABI, UNITED ARAB EMIRATES - September 19, 2023: HH Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates (R) receives HH Sheikh Saud bin Rashid Al Mu'alla, UAE Supreme Council Member and Ruler of Umm Al Quwain (L), during a Sea Palace barza. ( Mohamed Al Hammadi / UAE Presidential Court ) ---

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received H.H. Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain. During the meeting at Qasr Al Bahr in Abu Dhabi, they engaged in cordial discussions on various issues related to national and citizens’ affairs, which remain at the core of development ...

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COP28 President-Designate calls on private sector to usher in new era for sustainable climate finance

NEW YORK/ WAM Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, today opened trading on Wall Street for the day at the New York Stock Exchange (NYSE). In ringing the bell at the heart of the financial world, Dr. Al Jaber had a clear and decisive message: the private sector must play its ...

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Danube Properties’ Dh2.5 billion Oceanz in Dubai Maritime City, sold out tower one at launch

DUBAI/ GULF TIME Danube Properties’ latest project Oceanz has sold out one of the two towers at launch due to growing investor trust in the developer’s strong property delivery credentials. The Dh2.5 billion Oceanz project was unveiled at an exclusive launch event where selected investors and home buyers from all over the world snapped up the launched units at the ...

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