ABU DHABI / WAM The annual Global Media Congress (GMC) in Abu Dhabi proves the UAE’s capability to gather all parties in the media sector for effective collaboration, in preparation for future media, according to a top Indonesian diplomat. “The first edition of the Global Media Congress in 2022 was proof that the UAE is a visionary leader in the ...

DUBAI / WAM The Dubai International Financial Centre (DIFC) Courts on Monday released its figures for the first six months of 2023, reflecting a surge in the overall value of claims. In addition, the substantial uptake of additional ancillary services, such as Wills registration, further elevates Dubai’s common law jurisdiction as the region’s leading forum for international dispute resolution. The ...

ABU DHABI / WAM Etihad Airways, the UAE national airline, ranked among the most on-time airlines in the Middle East and one of the most punctual carriers worldwide. In the first half of 2023, Etihad achieved an on-time arrival performance rating within 15 minutes of 83.4%. In its Punctuality League ratings for 2023 thus far, the global aviation analytics group ...

ABU DHABI / WAM Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has welcomed 34 of the world’s most promising STEM undergraduate students to its Abu Dhabi campus for a one-month research internship as part of the inaugural edition of the university’s Undergraduate Research Internship Programme (UGRIP). Drawn from a large pool of applicants, aspiring researchers from the USA, Canada, ...

ABU DHABI / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has received His Royal Highness, Prince Tengku Hassanal Ibrahim Alam Shah, Regent of Pahang, son of His Majesty Al-Sultan Abdullah Sultan Ahmad Shah, King of Malaysia. During the meeting at the offices of ...

DUBAI / WAM Dubai’s Endowments and Minors’ Trust Foundation (Dubai Endowment) has launched a campaign to support the Mosques Endowment Fund in the emirate. The campaign seeks to establish a sustainable charitable endowment whose proceeds will fund the needs of 50 mosques in the emirate. As part of the initiative, Dubai Endowment will build a commercial complex in the Al ...

BLOOMBERG Mexico’s inflation extended its gradual slowdown in early July, roughly in line with forecasts, helped by double-digit interest rates and the strongest peso since 2015. Consumer prices rose 4.79% in the first half of the month compared to the same period a year earlier, down from 4.93% in late June, the national statistics institute reported. The result was just ...

BLOOMBERG The greenback is set for its biggest weekly gain in nearly five months as bullish traders offered respite for a currency that has been battered in July. A Bloomberg gauge of the dollar’s strength advanced more than 1% in the five-day stretch as the greenback clawed its way back from the 15-month lows it touched amid last week’s selling ...

BLOOMBERG Who is responsible for the cleanup of China’s air and water? What is the impact of wildfire smoke on your health? And why is free electricity a problem for solar? Every week on Bloomberg Green’s Zero podcast, Akshat Rathi invites guests to explore the tactics and technologies taking us to a world of zero emissions. Here are some recent ...

BLOOMBERG Investors in carbon offsets are sounding the alarm as millions of tainted units look set to enter the market. A plan by a Belarusian trade group to sell 2 million Russian carbon credits from a defunct United Nations programme has been slammed by climate experts and trading veterans. The worry now is that such offsets, known as emissions reduction ...