ABU DHABI / WAM The United Arab Emirates (UAE) sent the first shipment of 30 tonnes of basic food supplies through Emirates Airline to Sudan to provide urgent support to thousands of Sudanese families affected by the current situation. The UAE is one of the first countries to send direct relief to Sudan under the directives of the UAE leadership ...

DUBAI / WAM  Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, which is listed on the Dubai Financial Market (DFM), reported its first quarter 2023 consolidated financial results, recording quarterly revenue of AED494 million and Ebitda of AED284 million. For the last twelve months, Empower’s consolidated revenue was AED2.82 billion (April 22 to March ...

ABU DHABI / WAM Staff Lt General Eng Issa Saif Mohammed Al Mazrouei, Chief of Staff of the UAE Armed Forces, said the decision to unify the UAE Armed Forces on 6th May, 1976, established the foundations of the UAE’s creation, praising the wise vision of the Founding Fathers. Lt General Al Mazrouei’s speech on the occasion of the 47th ...

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, expressed his gratitude and appreciation to President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Supreme Commander of the UAE Armed Forces, and Their Highnesses Supreme Council Members and Rulers of the Emirates, on the occasion ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has emphasised the significance of the decision to unify the UAE Armed Forces, stating that it is of equal importance to the Founding Fathers’ decision to establish the Union. In his speech to “Nation Shield”, the ...

ABU DHABI / WAM The Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi) has announced new initiatives aimed at promoting sustainability within the tourism industry, enabling partners to adopt and apply sustainable practices. These initiatives align with Abu Dhabi’s vision of becoming a sustainable tourism destination and comprise three key initiatives: the launch of six sector-specific Sustainable ...

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, paid tribute to the Founding Fathers for their decisive and historic decision to unify the country’s Armed Forces under one flag and one leadership. In a speech to ‘Nation Shield’ marking the 47th Armed Forces Unification Day, Sheikh Saud ...

FUJAIRAH / WAM HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, marked the 47th anniversary of the Armed Forces Unification Day with a statement emphasising the pride that the UAE’s army brings to the nation. In a speech to ‘Nation Shield’ marking the 47th Armed Forces Unification Day, Sheikh Hamad praised the bravery of ...

BLOOMBERG  The stock market was set for a rebound at the end of a chaotic week, with a rally in regional banks tempering data showing jobs resilience. Treasury yields rose with the dollar. S&P 500 futures signalled the equity benchmark will climb after its longest losing streak since February. PacWest Bancorp soared, following a six-day selloff that saw its shares ...

BLOOMBERG  Investors are likely to favour gold and technology stocks as those bets are expected to provide a buffer against the possibility of a US recession this year, according to strategists at JPMorgan Chase & Co. The trade defined as “long duration” is expressed by being overweight on gold, growth stocks such as technology companies and currencies (short USD), strategists ...