ABU DHABI / WAM The Arab Youth Centre, under the leadership of HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, has unveiled members of the second edition of the ‘Young Arab Pioneers’ initiative on International Youth Day. These members reflect honourably on Arab youth around the world through their accomplishments, leaving a positive mark in communities and fields such ...

ABU DHABI / WAM Emirati astronaut Sultan Al Neyadi said that throughout history, the Arab great minds have left their positive and distinguished cultural mark, and stood out in many fields such as medicine, astronomy, science, and so on. He added that the Great Arab Minds Initiative embodies the belief of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

BARBADOS / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP 28 President-Designate, has visited Barbados to meet with Prime Minister Mia Motley and address distinguished leaders of the Caribbean Community (CARICOM). In his speech, Dr Sultan Al Jaber reaffirmed the COP28 Presidency’s commitment to support communities most vulnerable to the impacts of climate ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Mahamat Idriss Deby, Transitional Military Council Leader and President of Chad, on the occasion of his country’s Independence Day, observed on  August 11. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE ...

BLOOMBERG Nigeria’s loose fiscal and monetary policies are creating excess liquidity, making it difficult for the naira to stabilise against the dollar two months after authorities allowed the currency to trade freely, the International Monetary Fund (IMF) said. Central bank transfers to the government are increasing the naira in circulation, depressing interest rates, discouraging savings and deterring the dollar inflows ...

BLOOMBERG European equities fell, tracking markets lower in Asia, as  concern about local government debt in China and hawkish language from a US central banker put traders in a risk-off mood.  The Stoxx 600 index dropped 0.8%, snapping two days of gains and trimming its fourth weekly advance in five. US equity futures edged lower and the 10-year Treasury yield ...

AL DHAID / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday condoled Abdullah Muhair Al Ketbi, Minister of Federal Supreme Council Affairs, and his brothers on the passing of their mother during a visit to the condolence tent in Al Dhaid, Sharjah. His Highness expressed his sincere condolences and sympathy to the family of the ...

VIENNA / WAM The Organisation of the Petroleum Exporting Countries (Opec) forecast that the UAE’s economy will continue its robust performance in 2023, after recording a growth of 7.9 percent year-on-year in 2022. According to Opec’s Monthly Oil Market Report for August, this robust performance will be delivered through constant contributions from the non-oil sector, especially from tourism, leisure and ...

AMDJARASS / WAM The Amdjarass-based field hospital, established by the UAE to support Sudanese refugees in Chad, continues to provide its services, recording 3,509 cases treated in the first month since its inauguration. The hospital conducted 24 surgeries, while the cases treated comprise 1,897 adults and 1,612 children. The hospital is part of the UAE’s humanitarian, relief and medical aid ...

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) on Thursday signed a memorandum of understanding (MoU) with Franco-Dutch airline group Air France-KLM, forging a strategic partnership that will enhance connectivity between Abu Dhabi and Europe, further positioning the emirate as a preferred tourist destination. The signing ceremony, held at the Louvre Abu ...