DUBAI / WAM The UAE Food Bank’s Board of Trustees recently approved its strategy of sponsorship privileges. The strategy emphasises the need to allow for the participation of all sectors of society in different categories of sponsorship of thefood bank, especially as the UAE is one of the leading countries in the field of charitable work. Khalid Mohammed Sharif Al ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said that the warm ties between the UAE and the Republic of South Korea were an outstanding example of how two countries could base their relationship on trust, common interests and mutual understanding on ...

Abu Dhabi / WAM Abdulraqeeb Fatah, Yemen’s Minister of Local Administration and Chairman of the Higher Commission for Relief, has described relief efforts for Yemeni citizens, directly supported by the UAE and Saudi Arabia, represent progress and development for the country’s liberated areas. He added that the projects launched by the UAE and Saudi Arabia, through the ERC and the ...

Abu Dhabi / WAM Denmark’s Environment and Food Minister, Esben Larsen, is due to arrive in the UAE on Monday to start a three-day visit designed to promote collaboration on green energy and sustainability. The northern European country, according to information provided by its embassy, “has a particularly strong profile and a long history of producing green technology and green ...

Abu Dhabi / WAM The UAE and South Korea signed a number of Memoranda of Understanding (MoUs), to enhance partnerships and cooperation between the two countries. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and South Korean President Moon Jae-in, attended the signing ceremony at the ...

Dubai / WAM Emirates Global Aluminium (EGA), has opened its first electric car charging station at its site in Jebel Ali, in support of the Dubai Green Mobility Initiative. The opening was attended by EGA executives, as well as representatives from the Dubai Electricity and Water Authority. Four EGA employees, who already own Tesla vehicles, also attended and will be ...

Abu Dhabi / WAM Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, has participated in a seminar entitled, ‘The Artificial Intelligence Revolution’. The seminar was among several events organised by the Ministry of Culture and Knowledge Development as part of the UAE’s pavilion at the Riyadh International Book Fair. During the seminar, Al Olama expressed his deep ...

Bloomberg Bond bulls who enjoyed a rare rally in short-term Treasuries last week might not want to get too comfortable: The world’s biggest debt market is about to be inundated with an unprecedented wave of issuance. The US Treasury will probably auction about $294 billion of bills and notes this week, its largest slate of supply ever. The $30 billion ...

Reuters Gulf stock markets were generally little changed on Sunday, though Abu Dhabi’s Dana Gas surged on news of plans for its first annual dividend for several years. The Abu Dhabi index rose 0.8 percent as Dana Gas jumped 8.3 percent after the board said it would seek shareholder approval for a cash dividend for 2017 totalling 5 percent of ...

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has announced the start of the second phase of developing the National Export Programme. Aiming to bolster a diversified and sustainable national economy, the programme will contribute to enhancing the ability of national exports to penetrate and compete in international markets. In ...