January, 2024

• 31 January

  President of UAE honours parent-friendly organisations

  

  ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has stated that prioritising support for the family and enabling it to fulfil its critical role is a central focus of the government’s programmes and strategies. He noted that families are the foremost source of education and the cornerstone of a robust and stable society. His Highness’ ...

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• 31 January

  ‘World’s Coolest Winter’ campaign’s website highlights outdoor attractions of UAE

  

  ABU DHABI / WAM The ‘World’s Coolest Winter’ campaign launched an interactive website inviting residents and travelers to explore the diverse outdoor attractions of the seven emirates and experience the key destinations across the country. The website, which can be accessed on https://worldscoolestwinter.ae/en, lists more than 290 outdoor spots and activities across the UAE, providing information on each site in ...

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• 31 January

  DFM gains exceed AED24 billion in January

  

  ABU DHABI / WAM Dubai Financial Market (DFM) strengthened its gains during the current month’s trading, with its market capitalisation increasing by over AED24 billion, supported by the gains of bank and utility stocks. The market capitalisation rose from AED687.5 billion at the end of the previous year to over AED711.5 billion by the end of Wednesday session. Additionally, the ...

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• 31 January

  Abu Dhabi Ports to expand in Asia, Africa, and Middle East in 2024

  

  ABU DHABI / WAM Saif Al Mazrouei, CEO of the Ports sector at Abu Dhabi Ports Group, has reiterated the Group’s unwavering commitment to expansion and acquisition in Asia, Africa, and the Middle East throughout 2024. In a statement to the Emirates News Agency (WAM), Al Mazrouei shared details about several imminent investment projects set to be unveiled this year. ...

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• 31 January

  Khaled bin Mohamed bin Zayed attends Thani Mohamed Al Rumaithi wedding reception

  

  ABU DHABI / ad media office His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has attended a wedding reception hosted by Mohamed Thani Murshed Al Rumaithi for the marriage of his son Thani to the daughter of Abdulla Ghurair Al Aujan Al Qubaisi. His Highness congratulated the newlyweds and their families and wished ...

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• 31 January

  Nasdaq futures sink earnings from tech giants fell short of expectations

  

  BLOOMBERG US equity futures slumped after earnings from tech giants fell short of Wall Street’s high expectations and as investors prepared for the first interest-rate decision of the year from the Federal Reserve. Contracts on the Nasdaq 100 slid 1.2%, while those on the S&P 500 retreated 0.5%. Microsoft Corp, Alphabet Inc and Advanced Micro Devices Inc dropped in premarket ...

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• 31 January

  Alef Education highlights role of AI, climate education at BETT UK 2024

  

  ABU DHABI / WAM Alef Education, a UAE-based global leader in education technology, has highlighted the importance of AI-driven education and climate education in advancing the education sector at BETT UK 2024. Alef Education CEO Geoffrey Alphonso, Board Advisor Dr Aishah Al Yammahi, and Chief Growth Officer Will Lock were prominent company representatives at the show, which took place at ...

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• 31 January

  Adnoc distribution marks year of expansion, growth in 2023

  

  ABU DHABI / WAM Adnoc Distribution on Wednesday announced early operational results from 2023, with full financial results to be shared in February 2024. The company delivered continued fuel and retail growth, set new benchmarks in domestic and international expansion and achieved notable milestones in sustainability. Adnoc Distribution continued to expand its network in 2023, surpassing its annual target of ...

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• 31 January

  UAE leaders congratulate President of Nauru on Independence Day

  

  ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President David Adeang of the Republic of Nauru, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness ...

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• 31 January

  KEZAD Group announces AED621m investment for new warehousing capacity

  

  ABU DHABI/ WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group today announced that it has commenced the development of warehousing capacity of more than 250,000 square metres, with an investment of AED621 million to bring additional capacity of pre-built industrial and logistics facilities online by the end of 2025. This will boost KEZAD’s total warehousing capacity by 43%. KEZAD ...

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