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Dubai / WAM Emirates Development Bank (EDB) has announced the signing of a strategic agreement with Dubai Industries & Exports (Dubai IE) to provide innovative financing and banking solutions to SMEs and corporates aimed at supporting the growth of UAE’s industrial sectors and exports. Signed by Ahmed Mohamed Al Naqbi, CEO of EDB, and Saed Al Awadi, CEO of Dubai ...

ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office and Chairman of the Executive Committee of the Board of Directors of the Abu Dhabi National Oil Company (Adnoc), on Monday witnessed the signing of a strategic partnership that confirms a $6.2 billion ...

Dubai / WAM Expo 2020 Dubai announced its latest visitor numbers, with an incredible 3,578,653 individual visits achieved by November’s half-way point, only six weeks into Expo’s six-month run. Virtual visitation also rose to 15.7 million since October 1. The announcement comes after a packed weekend at the site, with stellar music, sport and cultural performances taking place. And more ...

Dubai / WAM Israel Aerospace Industries (IAI) has signed an agreement to convert four B777-300ER passenger aircraft to cargo configuration for Emirates. The aircraft will be converted at the new site established in Etihad Engineering’s MRO centre in Abu Dhabi, and the first conversion of the Emirates plane is expected to begin in early 2023. The agreement has potential to ...

Bloomberg US President Joe Biden and Chinese leader Xi Jinping have plenty to discuss during their first virtual summit — from sanctions to Taiwan — even as expectations for a breakthrough on major issues are low. A Biden administration official said the US expects the virtual summit in Washington to last several hours, a time frame that includes translation for ...

DUBAI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, held a tripartite meeting with Nikos Dendias, Minister of Foreign Affairs of Greece, and Nikos Christodoulides, Minister of Foreign Affairs of Cyprus. During the meeting, which was held in Dubai, the parties discussed partnership and cooperation relations between the three countries and ...

Abu Dhabi / WAM Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, representing President His Highness Sheikh Khalifa bin Zayed Al Nahyan, participated in the “Paris International Conference for Libya,” which was held in Paris. During his speech, the minister conveyed the greetings and appreciation of the UAE leadership to France, Germany, Italy, Libya and the United ...

Dubai / WAM Noor Dubai Foundation organised its latest Mobile Eye Camp at Tamale, the capital city of the Northern region of Ghana, where over 2,000 people benefitted through the programme’s activities, which included screening and providing diagnosis for eye care, conducting surgeries, and distributing spectacles Around 500 surgeries were conducted to restore the sight of hundreds of people. Guided ...

Bloomberg Negotiators from almost 200 countries clinched a deal that seeks to keep the most ambitious goal of the Paris Agreement alive, breaking new ground in the fight against climate change but punting the hardest decisions into the future. After two weeks of often fraught United Nations COP26 talks, delegates agreed to reduce the use of coal, end “inefficient” fossil-fuel ...

Bloomberg President Vladimir Putin said Russia isn’t behind the migrant crisis playing out at the Poland-Belarus border, but instead is ready to help resolve it. Speaking to Rossiya-1 TV Channel on Sunday, Putin said he learned about developments in the border region from media reports. “We are ready to contribute to this in every possible way, if of course, something ...