ABU DHABI / WAM The Industrial Development Bureau (IDB), the Abu Dhabi Department of Economic Development’s (Added) arm to develop and regulate the industrial sector, has announced a collaboration with XMILE Group to establish a first-of-its-kind processing facility in the Middle East and Africa region for the reduction of Greenhouse Gas (GHG) Emissions. The cooperation with XMILE Group, a global ...

ABU DHABI / WAM Under the leadership and support of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman of the Board of Directors of the Emirati Talent Competitiveness Council, the Ministry of Human Resources and Emiratisation (MoHRE) announced that the number of Emiratis working in the private sector ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Thursday launched the Dubai Social Agenda 33 for the decade until 2033 highlighting the theme of ‘Family: The Foundation of Our Nation’. The launch of the Dubai Social Agenda 33 follows HH Sheikh Mohammed’s tradition ...

BEIJING/ WAM China’s central bank conducted 14 billion yuan ($1.97 billion) of seven-day reverse repos at an interest rate of 1.8 percent on Wednesday, reported Xinhua. The move aims to keep liquidity in the banking system reasonable and ample, the People’s Bank of China said in a statement. A reverse repo is a process in which the central bank purchases ...

BLOOMBERG JPMorgan Chase & Co hit a fresh record high for the first time in more than two years. Shares of the largest US bank gained 1.2% to $172.08, surpassing the prior high watermark set in October 2021. The New York-based lender has been a top performer in the sector as it posted record results last year, prompting its Chief ...

BLOOMBERG Nigeria’s central bank has released inaugural guidelines for banks opening cryptocurrency accounts, while retaining its ban on them holding or trading in virtual assets on their own behalf. The rules, published on the central bank’s website, flesh out the regulator’s decision last month to lift its prohibition on banks operating accounts for crypto service providers. “Current trends globally have ...

ABU DHABI/ WAM In a transformative year marked by unprecedented global expansion and strategic acquisitions, AD Ports Group (ADX: ADPORTS) has further cemented its position as one of the world’s leading facilitators of global trade and logistics. The year has been pivotal in enhancing the Group’s connectivity, capacity, and international presence, underscoring a commitment to drive sustainable innovation and excellence ...

ABU DHABI/ AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and His Highness Lieutenant General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, have attended a wedding reception hosted by His Excellency Faraj Ali Ghanem bin Hamoodah for the marriage of his son Mohamed to the daughter ...

AMMAN/ WAM Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Bisher Khasawneh, Prime Minister of Jordan, discussed ways of enhancing trade and investment relations between the UAE and Jordan to stimulate joint economic growth and create more opportunities for cooperation between their business communities and private sectors. This came as Prime Minister Khasawneh received Dr. ...

ABU DHABI/ WAM Abu Dhabi Islamic Bank, a leading financial institution, announces the implementation of “GitHub Copilot for Business,” an AI-powered tool set to revolutionise operations within the bank. This innovative technology aims to elevate productivity and efficiency by harnessing generative AI capabilities in code generation, error identification, and optimisation recommendations across various business functions. GitHub Copilot stands as a ...