July, 2023

• 20 July

  Nasdaq futures slump after Netflix Inc dents tech shine

  

  BLOOMBERG A slide in tech behemoths soured the mood on Thursday as disappointing earnings cast doubt on the pillars of a record first-half for the Nasdaq 100 this year. Futures on the Nasdaq 100 fell 0.7% with Netflix Inc set for its biggest intraday decline since December after missing sales estimates and projecting third-quarter revenue that fell short of Wall ...

  Read More »
• 20 July

  UAE participates in G20 Labour, Employment Ministers’ meeting

  

  DUBAI / WAM The UAE, represented by the Ministry of Human Resources and Emiratisation (MoHRE), will participate in the G20 Labour and Employment Ministers’ meeting hosted by India on 20 and 21 July 2023. The UAE is set to showcase its pioneering model in social security and legal coverage systems for new forms of work, including online jobs, as well ...

  Read More »
• 20 July

  Masdar launches first $750 million 10-year Green Bond

  

  ABU DHABI / WAM Abu Dhabi Future Energy Company – Masdar – announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. The orderbook peaked at US$ 4.2 billion supported by heavy demand from regional and international investors, i.e. oversubscription of 5.6x. Pricing tightened 35bps between launch and final terms, with a ...

  Read More »
• 20 July

  Sheikh Mohamed awards Order of Zayed to President Erdogan of Türkiye

  

  ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has conferred the Order of Zayed on Turkish President Recep Tayyip Erdogan during his official visit to the UAE. The Order of Zayed is considered the highest civilian honour granted by the UAE, and is bestowed upon world leaders and heads of state. The award bears ...

  Read More »
• 20 July

  UAE-Türkiye partnership a driver of development across next decade: Turkish Ambassador

  

  ABU DHABI / WAM The tour of Recep Tayyip Erdogan, President of Türkiye, to Gulf Cooperation Council (GCC) countries, which includes a visit to the UAE, his first since his re-election, highlights Türkiye’s growing relations with the UAE and other GCC countries, said Tugay Tunçer, Ambassador of Türkiye to the UAE. In a statement to the Emirates News Agency (WAM), ...

  Read More »
• 20 July

  UAE and Turkish Presidents witness announcement of accord and agreements worth over $50 bn to boost strategic partnership

  

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Turkish President Recep Tayyip Erdogan today witnessed the announcement of a joint accord on the establishment of a high-level strategic council between the UAE and Türkiye, further cementing ties between the two nations. The two leaders also witnessed the exchange of several agreements and Memoranda of Understanding ...

  Read More »
• 20 July

  UAE President and Turkish President reinforce bilateral ties

  

  ABU DHABI / WAM The Presidents of the UAE and Türkiye met today in Abu Dhabi to further reinforce the strong ties between the two countries. The meeting between His Highness Sheikh Mohamed bin Zayed and Recep Tayyip Erdogan took place at Qasr Al Watan in Abu Dhabi, during the Turkish President’s official visit to the UAE. His Highness welcomed the visit ...

  Read More »
• 20 July

  MoHRE coordinates with delivery companies to provide 356 rest stations for workers

  

  DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) announced an initiative to provide 356 rest stations equipped with essential services for delivery drivers across the UAE. The initiative is implemented in coordination with private sector delivery companies with the support of relevant government entities. The Ministry said this initiative reflects a shared commitment to the safety and ...

  Read More »
• 20 July

  UAE President, Vice Presidents wish Arab, Islamic nations on new Hijri Year

  

  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 ...

  Read More »
• 20 July

  UAE, Türkiye drive effective climate change cooperation

  

  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 ...

  Read More »