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United Arab Emirates joins BRICS Group

ABU DHABI / WAM The United Arab Emirates officially joined the BRICS group after a successful application ratified by the five founding nations, the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa. The announcement was made as leaders of the five countries met in Johannesburg for ...

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IGCF 2023 hosts five specialised pre-forum activities

SHARJAH / WAM The International Government Communication Forum 2023 (IGCF 2023) has announced a packed pre-forum activities programme, which will take place in the lead up to the 12th annual edition, starting September 4. Covering key topics of communication ethics and techniques, sustainable media, innovation, leadership skills, and artificial intelligence, amongst others, the discussions and training sessions will be led ...

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Rabdan Academy, Australia’s university forge partnership

ABU DHABI / WAM Rabdan Academy and Australia’s Monash University have signed a memorandum of understanding to strengthen strategic cooperation in research and education between the two institutions. This partnership provides a comprehensive framework for research and academic cooperation on topics and areas of mutual interest. It also facilitates the exchange of educational materials, expertise, and experiences, contributing to enhancing ...

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Financial, realty blue chips continue to drive UAE stock markets

ABU DHABI / WAM The UAE stock markets continued to capitalise on improved investor sentiments, with blue-chip industrial, banking and real estate stocks leading the gainers in the capital’s bourse, with financials, industrials, and communication services driving the Dubai Financial Market, with both ending the session up 0.453% and 0.176% respectively. In Abu Dhabi, Index FADGI closed at 9,771.420 pts, ...

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Dewa’s R&D Centre files patent for innovative device

DUBAI / WAM Dubai Electricity and Water Authority (Dewa)’s Research and Development Centre (R&D) has filed a new patent on an innovative device that enhances the process of melting and extruding raw metal materials to the construction platform. The device also maintains the optimum temperature required to handle raw metal materials in 3D printing. It also improves the performance of ...

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Stocks set for weekly gain as traders await Fed Chair Powell

BLOOMBERG US futures and European stocks clocked mild gains on Friday as investors awaited Federal Reserve Chair Jerome Powell’s speech from Jackson Hole. Contracts on the S&P 500 gained 0.3%, signalling respite for underlying equities after August 24’s decline. Europe’s Stoxx 600 extended its first weekly advance in four. Commodity shares led gains as oil and iron ore prices climbed. ...

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RBI’s currency policy risks sparking attack on rupee, says ANZ

BLOOMBERG India’s central bank’s policy to keep the rupee stable at weaker levels may make the currency vulnerable to speculative attacks in case of large risk events, according to Australia & New Zealand Banking Group Ltd. Policymakers are focused on bolstering manufacturing and exports, but it’s not without costs, economists Dhiraj Nim and Sanjay Mathur wrote in a note. “Persistent ...

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UAE leaders congratulate President of Ukraine on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Volodymyr Zelenskyy of Ukraine on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al ...

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Under patronage of Sheikh Khaled, 15th Abu Dhabi World Professional Jiu-Jitsu Championship to begin from Nov 1-11

ABU DHABI / WAM Under the patronage of HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, the 15th edition of the Abu Dhabi World Professional Jiu-Jitsu Championship will take place at Mubadala Arena in Zayed Sports City from November 1-11. The competition is being organised by the ...

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