June, 2023

• 8 June

  UAE signs air services agreement with Peru

  

  LIMA / PERU / WAM The UAE and the Republic of Peru signed an air services agreement, with Mohammed Abdullah Al Shamsi, UAE ambassador to the Republic of Peru, signing on behalf of the UAE and Gervasi Díaz, Minister of Foreign Affairs, representing Peru. This agreement will open new horizons for cooperation between the two countries and promote intra-trade. Al ...

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• 8 June

  Abu Dhabi’s Mubadala, SailGP embark on new partnership

  

  LONDON / WAM SailGP, the world’s most exciting race on water, has announced a new partnership with Mubadala Investment Company, an Abu Dhabi-based international investor, as Global Series Partner. This collaboration brings together two leading-edge organisations, building on Mubadala’s successful two-year tenure as the SailGP Season Grand Final title partner in San Francisco. The new partnership extends for the next ...

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• 8 June

  RBI eyes monsoon impact on inflation with policy hold

  

  BLOOMBERG  The Reserve Bank of India (RBI) left its key interest rate unchanged for a second meeting and retained its tightening stance, signalling rate-setters want to see inflation moderating further while weaker monsoon risks remain a concern. A six-member monetary policy committee voted unanimously to keep the benchmark repurchase rate at 6.50%. All 40 economists in a Bloomberg survey predicted ...

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• 8 June

  ADX, Luxembourg Stock Exchange sign agreement

  

  ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) and Luxembourg Stock Exchange (LuxSE) signed a memorandum of understanding (MoU), to establish a framework for cooperation between the two institutions. The MoU aims to facilitate the dual listing of a broad range of financial instruments, maximise access to European, Middle Eastern, and international investors, expand pre- and post-listing services, provide ...

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• 8 June

  18th Conference of Youth to be held in UAE in November

  

  BONN / WAM The Arab Youth Centre, the American University of Sharjah (AUS), and New York University Abu Dhabi’s Green House are honoured to announce their selection as official co-hosts for the upcoming 18th edition of the Conference of Youth (COY18). To be held in November in the UAE in the lead-up to the United Nations Climate Change Conference of ...

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• 8 June

  UAE’s Multiply to help rid oceans of plastic pollutants

  

  ABU DHABI / WAM Multiply Group, an Abu Dhabi-based investment holding company, is partnering with US-based 4ocean, a purpose-driven B Corp (certified public benefit organisation) with a mission to end ocean plastic crisis, to offset more than 100,000 pounds of plastic waste and contribute to ocean and coastline clean-up efforts around the world as part of its “Cleaning Up the ...

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• 8 June

  Dubai records over AED1.8b in realty deals

  

  DUBAI / WAM Dubai’s real estate market recorded 547 sales transactions worth AED1.25 billion on Thursday, in addition to 95 mortgage deals totalling AED386.79 million, and 49 gift deals amounting to AED177.98 million, data released by Dubai’s Land Department (DLD) showed. The sales included 503 villas and apartments worth AED1.03 billion, and 44 land plots worth AED214.38 million. The mortgages ...

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• 8 June

  Hazza bin Zayed appoints Mohammed Abdullah Al Dhaheri to manage affairs of Al Ain Sports Games Company

  

  ABU DHABI / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, First Vice President of Al Ain Club, First Vice President of the Honorary Council, Chairman of the Board of Directors of Al Ain Sports and Cultural Club, has issued a resolution appointing Mohammed Abdullah Ahmed Al Dhaheri to manage and supervise the affairs of ...

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• 8 June

  Hub71, Sanofi join forces to accelerate healthtech innovation in UAE

  

  ABU DHABI / WAM Hub71, Abu Dhabi’s global tech ecosystem, has partnered with French pharmaceutical giant, Sanofi, to accelerate the development and commercialisation of cutting-edge technologies in healthcare. Through the strategic partnership, Hub71 and Sanofi aim to improve patient care and strengthen healthcare systems for the benefit of communities in the UAE and beyond. At a time of rapid growth ...

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• 8 June

  Aldar launches second building at The Source

  

  ABU DHABI / WAM Aldar Properties on Thursday announced the launch of the second building at The Source, a residential community that redefines wellness-inspired living in the heart of Saadiyat Island in Abu Dhabi. The Source II follows on from the sell-out of the first building at ‘The Source’, a community specifically designed with residents’ holistic health and wellbeing at ...

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