VIENNA / WAM The Opec Fund for International Development (the Opec Fund) is co-financing Colombia’s “Climate Action Policy and Energy Transition Programme” with a $150 million policy-based loan. The programme aims to foster economic opportunities based on the sustainable use of natural resources, develop circular economy models and promote the energy transition. Opec Fund Director-General Abdulhamid Alkhalifa said, “We are ...

ABU DHABI / GULF TIME H.E. Raja Al Mazrouei, CEO of Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, praised the success of the 13th Ministerial Conference of the World Trade Organisation (WTO), which took place in Abu Dhabi from 26 February to 1 March 2024. H.E. Raja Al Mazrouei said: “Hosting this event in the UAE is ...

TOKYO / WAM The Nikkei stock index surpassed the 40,000 threshold for the first time Monday morning on robust technology issues, reaching the milestone just over a week after hitting an all-time high for the first time in 34 years. According to Kyodo News, the 225-issue Nikkei Stock Average topped the 40,000 line soon after the market opening and hit ...

ABU DHABI / WAM Burjeel Holdings PLC, a leading super-specialty healthcare services provider in the MENA region listed on the Abu Dhabi Securities Exchange (ADX), has unveiled eight new PhysioTherabia centers in Riyadh and four other cities, marking a significant scaling of its geographical footprint across the Kingdom. The new state-of-the-art facilities are strategically located in Ghadeer Fitness Time, Shafie ...

ABU DHABI / AD MEDIA OFFICE The Environment Agency – Abu Dhabi (EAD) has become the first environmental regulatory body in the Middle East to receive the Carbon Neutral Now Certification from an United Nations Framework Convention on Climate Change (UNFCCC)-accredited independent party, Applus+ from Spain. The Carbon Neutral Now Certification is awarded to organisations that demonstrate commitment to offsetting ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the Mothers’ Endowment campaign, which aims to honour mothers in the UAE by establishing an AED 1 billion endowment fund to sustainably support the education of millions of individuals around the world. The campaign, coinciding with the ...

DUBAI / WAM Dubai International Boat Show has wrapped up following a hugely successful week of high-value boat sales, important discussions addressing industry developments, groundbreaking agreements and partnerships set to shape the future of the yachting world. The exhibition, which concluded on Sunday, is recognised as one of the most influential boat shows in the world and has accelerated the ...

ABU DHABI / WAM Noura Al Kaabi, Minister of State, met with Maria Tripodi, Italy’s Undersecretary of State to the Ministry of Foreign Affairs, at the Ministry of Foreign Affairs in Abu Dhabi, where the two sides underlined the development of bilateral relations, in addition to a number of important files of common interest. The two sides discussed ways to ...

DUBAI / WAM IFZA, Dubai’s most dynamic free zone community, on Monday announced the opening of its latest office in Germany as part of its global expansion plans. The move strengthens the robust ties between the UAE and Germany and aims to facilitate the growth of business and investments between the two countries. IFZA’s new office was opened recently in ...

ABU DHABI / WAM Rabdan Academy has launched the “Together We Thrive” initiative as part of its comprehensive strategic plan aimed at enhancing community participation and fostering societal development. The academy’s Social Responsibility Strategy (2024) includes various pivotal areas crucial for individual and societal well-being, including education, security, safety, community care, health and wellness, sports promotion, cultural enrichment, tourism encouragement ...