Thursday , 18 December 2025

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First edition of generative AI-National Day stamps launched

DUBAI / WAM The Emirates Post Group Company (EPG), in collaboration with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), announced the launch of the first edition of the 52nd National Day stamps designed using generative artificial intelligence. The event was organised in the presence of Omar Sultan Al Olama, Minister of State for Artificial Intelligence and Digital Economy …

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SCC to discuss Sharjah government budget for 2024

SHARJAH / WAM Sharjah Consultative Council (SCC) will hold its second meeting, on December 28, as part of the first regular session of the eleventh legislative chapter, at its headquarters in the city of Sharjah, headed by Dr Abdullah Belhaif Al Nuaimi, Chairman of the Council. After approving the minutes of the first meeting, the agenda includes discussing the budget …

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Added, Siemens Energy to boost sustainable industrial sector

ABU DHABI / WAM Abu Dhabi Department of Economic Development (Added), represented by Industrial Development Bureau (IDB), and Siemens Energy, a global leader in energy technology, have joined hands to further decarbonise Abu Dhabi’s booming industrial sector. The collaboration supports Abu Dhabi Industrial Strategy’s vision to establish the Emirate as the most competitive industrial hub in the region, driving the …

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Mohammed bin Rashid issues Decree constituting Board of Dubai Corporation for Ambulance Services

DUBAI / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Decree No 62 of 2023 forming the Board of Dubai Corporation for Ambulance Services chaired by the Director-General of Dubai Health Authority. The Assistant Commander-in-Chief for Excellence and Pioneering Affairs of Dubai …

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Dewa awards AED10.9m deal for water pipeline in Hatta

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has awarded an AED10.9 million contract for a project to lay a 562 metre Glass-Reinforced Epoxy (GRE) water pipeline with 1,500-millimetre diameter in Hatta. This project includes constructing a jet valve chamber to extend the lower outlet valve of Hatta Dam to the Wadi area. This project is part of the …

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AGDA is UAE’s education partner in hosting MC13 in Abu Dhabi

ABU DHABI / WAM The Ministry of Economy and the Abu Dhabi Department of Economic Development (Added), have announced Anwar Gargash Diplomatic Academy (AGDA) as their official Education partner in hosting the World Trade Organisation’s 13th Ministerial Conference (MC13), the principle decision-making body overseeing global trade, when it convenes in Abu Dhabi in February 2024. The cooperation agreement was signed …

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GAIAE prints 100,000 copies of Holy Quran at expense of UAE President

ABU DHABI / WAM At the expense of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the follow-up of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the General Authority of Islamic Affairs and Endowments (GAIAE) printed about 100,000 copies of the Holy Quran. The copies …

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Wall street learns that this year, nothing beat owning the S&P 500

BLOOMBERG Handpicking sectors, sheltering in trendy options strategies, going all-in on dividends — none of it has worked as well this year as simply owning the S&P 500. As 2023 winds down, investors are taking the year’s keep-it-simple lesson to heart. Amid a 4% rally this month that’s propelled the index’s 2023 advance to 24%, they’ve been pouring money into …

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