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ABU DHABI/WAM The Central Bank of the UAE (CBUAE) announced that gross banks’ assets, including bankers’ acceptances, increased by 0.7% from AED4,348.6 billion at the end of July 2024 to AED4,378.0 billion at the end of August 2024. In its Monetary and Banking Developments for August 2024, the Central Bank said that gross credit increased by 0.5% from AED2,102.1 billion ...

DUBAI/WAM Dubai Chambers has signed a memorandum of understanding (MoU) with HSBC Bank Middle East Limited to support the expansion of local companies into global markets and enhance the ability of international companies to establish and grow their businesses in Dubai. Under the terms of the MoU, the two parties will collaborate to explore banking services for international companies establishing ...

ABU DHABI/AD MEDIA OFFICE The Department of Government Enablement – Abu Dhabi (DGE) has honoured more than 400 Abu Dhabi Government directors and section heads at a graduation ceremony of The Drive Program. The four-month programme is designed to strengthen interdepartmental relationships and enable a future-ready, next generation government. Launched by DGE in November 2023, The Drive Program was developed ...

ABU DHABI/WAM The Federal Tax Authority (FTA) has called on businesses subject to corporate tax to file their returns and pay their dues for their respective tax periods within the stipulated legal timeframes. As part of its commitment to supporting and encouraging voluntary tax compliance across business sectors with ease and efficiency, the FTA issued Decision (7) of 2024 last ...

GAZA/WAM The UAE Field Hospital in Gaza continues to provide essential medical services to Palestinian patients around the clock, within the framework of Operation Chivalrous Knight 3, aimed at alleviating the humanitarian crisis in the Strip. Since its launch on December 2 2023, the hospital has treated over 48,700 cases, including men, women, and children. The facility has performed over ...

ABU DHABI/WAM In 2024, the UAE continued to lead in international humanitarian efforts, reaffirming its commitment to promoting the spirit of international solidarity and cooperation in all its forms. The values of giving and humanitarian solidarity have become a hallmark and a constant feature of the UAE’s approach, which celebrated the 53rd anniversary of Eid Al Etihad on December 2. ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call on Tuesday with His Majesty King Abdullah II bin Al Hussein of the Hashemite Kingdom of Jordan. The call focused on the strong fraternal ties between the two nations and various aspects of cooperation and collaboration that serve their shared interests. During the call, ...

ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) and Korea’s Ministry of Environment held the 7th meeting for the Joint Operation Committee for Water Resource Cooperation. The meeting aimed to share latest technologies and experiences in water management and drive cooperation in related fields. The meeting was co-chaired by Sharif Al Olama, Undersecretary for Energy and Petroleum ...

ABU DHABI / WAM Zayed Higher Organisation for People of Determination (ZHO) provides comprehensive care and rehabilitation services to ensure the well-being and quality of life of People of Determination. It continues its successful journey in offering top-tier care and rehabilitation services to diverse categories across Abu Dhabi. The organisation serves 28,000 beneficiaries, including 1,700 individuals enrolled in its care ...

ABU DHABI / WAM The Economic Integration Committee convened its seventh meeting for 2024, chaired by Abdulla bin Touq Al Marri, Minister of Economy. It was attended by Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Alia Abdullah Al Mazrouei, Minister of State for Entrepreneurship, alongside representatives of local economic development departments in all seven ...