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DCD launches Abu Dhabi Family Wellbeing Strategy

ABU DHABI / WAM The Department of Community Development (DCD) has launched the Abu Dhabi Family Wellbeing Strategy — which has been approved by HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, during the council’s meeting. The Family Wellbeing Strategy consists of a wide-ranging plan that ...

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Abu Dhabi Municipality bolsters service quality with new initiative

ABU DHABI / WAM Abu Dhabi City Municipality is organising the ‘Tawasul’ initiative in collaboration with Al Wahda Mall and Al Mushrif Mall. The initiative, coordinated by the City Municipality Centre, aims to inform the community about the projects and services provided by Abu Dhabi City Municipality while gathering feedback and requirements from the public to enhance service quality. The ...

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Sharjah Taxi transports over 2.7mn passengers in H1 2023

SHARJAH / WAM Sharjah Taxi has transported over 2.7 million passengers during the first half of 2023, averaging 15,000 passengers per day. The company transported more than 102,000 passengers during the Eid al-Adha holiday period, a 20% increase over the previous year. The number of taxi users at Sharjah International Airport also reached a record high during Eid, with a ...

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Bank earnings cap one week of almost ‘everything rally’

BLOOMBERG It’s been a week when almost everything rallied — from emerging markets to global bonds and the S&P 500 — all buoyed by faith that the Federal Reserve is finally winning the fight against inflation. While trading was subdued as second-quarter earnings started to roll in, the week is ending with blockbuster gains across asset classes. The first batch ...

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Retail investors turn to Japan stocks after missing out on rally

BLOOMBERG Signs are emerging that Japanese retail investors are getting on the equity bandwagon after having largely missed out on a historic rally. Their buying could help Japanese stocks regain some of the upward momentum that was lost over the past two weeks due to a stronger yen and concerns the Bank of Japan will tweak policy later this month. ...

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Qasr Al Watan opens its doors to students for educational tour

ABU DHABI / WAM Qasr Al Watan opened its doors to 60 students from the Rabdan Academy for an educational tour. The tour is part of the academy’s ‘Jahzeen Ya Watan’ summer camp, which aims to empower future leaders by enriching their knowledge and soft skills. The students explored various zones within the palace, uncovering the rich tapestry of Emirati ...

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Abu Dhabi Judiciary organises lecture: ‘Right to Self-Preservation’

ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) has organised an awareness lecture entitled “Right to Self-Preservation” at the Al-Khabisi Council in Al Ain, in coordination with the Abu Dhabi councils at the Citizens and Society Affairs Office in the Presidential Court. The lecture is a part of “Majlisna” initiative launched by the Judicial Department in implementation of ...

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SCA, UBF join hands to boost asset management industry

ABU DHABI / WAM The Securities and Commodities Authority (SCA) signed a memorandum of understanding (MoU) with the UAE Banks Federation (UBF) to foster mutual cooperation in developing the financial sector, establishing the UAE as a major attraction for asset and wealth management in line with the government’s aspirations for the next fifty years, and ensuring the sustainable growth of ...

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UAE ministry concludes ‘Operation Chivalrous Knight 2’ in Syria, Türkiye

ABU DHABI / WAM The Joint Operations Command of the Ministry of Defence has announced the successful completion of “Operation Chivalrous Knight 2” in Syria and Türkiye following the devastating earthquake that hit both countries on February 6. Carried out under the guidance of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, this comprehensive operation spanned over five ...

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