ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to kings, presidents and emirs of the Arab and Islamic countries on the occasion of the new Hijri Year 1445. The UAE President wished them good health and happiness, further progress and prosperity for their peoples and dignity and glory for Arab ...

ABU DHABI / WAM The UAE and Türkiye, driven by their commitment to climate action, have embarked on a series of collaborations aimed at addressing climate change and fostering environmental sustainability. These two nations have recently signed multiple agreements and memorandums of understanding (MoUs) to enhance their cooperation in climate and environmental-related areas. During Turkish President Recep Tayyip Erdogan’s visit ...

DUBAI / WAM Abu Dhabi Islamic Bank (Adib) has achieved an upgrade to its environmental, social, and governance (ESG) risk score by Sustainalytics, one of the world’s leading ESG rating agencies. Adib’s overall Sustainalytics ESG risk score has improved from 34.25 in 2022 to 29.6 in 2023, reflecting a significant leap that transitioned Adib from the ‘high risk’ category to ...

DUBAI / WAM Dubai International (DXB) has received accreditation from the Airports Council International (ACI) under its Accessibility Enhancement Accreditation Programme, a first-of-its-kind initiative that recognises global airports’ commitment to accessible travel operations. The certification acknowledges DXB’s ongoing prioritisation of a safe and inclusive airport experience for passengers with physical and hidden disabilities. This aligns with the 2019 ACI World ...

JEDDAH / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, arrived on Wednesday in Jeddah to attend the 18th Consultative Meeting of the leaders of the Gulf Cooperation Council (GCC). His Highness is leading the UAE delegation to the meeting, which commenced on Wednesday. His Highness and ...

ABU DHABI / WAM The successful completion of “Operation Chivalrous Knight 2” underscores the strong bonds between the UAE and Türkiye, as the UAE provided vital relief and support following the devastating earthquake that struck Türkiye on February 6. Under the guidance of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the operation exemplifies the UAE’s commitment to benevolence, ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has inaugurated a new Disruptive Lab at its Distribution Power Division Complex in Al Ruwayyah. Dewa Disruptive Lab (DDL) was opened by Rashid bin Humaidan, Executive Vice President of Distribution Power at Dewa, and other Dewa officials. DDL is a new hub to implement Dewa’s Innovation and Future Shaping Framework. It ...

SHARJAH / WAM Arada has launched Saro, the seventh and final phase of Masaar, the mega-residential woodland project in the Al Suyoh district of New Sharjah.The release of the last 597 homes comes as investor interest in the nature-inspired homes and award-winning master plan of the project has risen strongly, with 813 villas and townhouses valued at AED2.34 billion sold ...

DUBAI / WAM Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has hosted a webinar focusing on Green Finance and Investment Opportunities. Held by the chamber’s Centre for Responsible Business as part of its new Sustainability Knowledge Series, the engaging online session attracted a total of 216 participants. The webinar provided valuable insights and guidance ...

BLOOMBERG Domestic institutional investors are on track for their biggest monthly exodus from Indian stocks in two-and-a-half years, another warning sign on the longevity of the record rally in the $3.7 trillion market. Local funds, insurers and banks have sold a net $1.1 billion worth of shares so far in July, the most since February 2021, according to data compiled ...