ABU DHABI / WAM Burjeel Holdings PLC on Monday announced its inaugural inclusion in the FTSE Global Equity Index Series – Middle East & Africa based on the latest semi-annual review. In a statement, Burjeel said the changes will take effect after the close of markets on September 20 2024. Burjeel Holdings has joined FTSE Russell’s FTSE Global Equity Index ...
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DUBAI / WAM Nasdaq Dubai on Monday welcomed $400 million Green Bonds by the Bank of China (Dubai Branch), one of China’s four biggest state-owned commercial banks. This significant issuance, due 2027, is rated “A” by S&P Global Ratings and is part of the Bank of China’s $40 billion Medium Term Note Programme. Notably, the Floating Rate Notes have been ...
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ABU DHABI / WAM Emirates Water and Electricity Company (EWEC) on Monday announced that it will supply the 2024 edition of the World Utilities Congress and the 6th Arab Water Forum with renewable and clean energy through the provision of Clean Energy Certificates (CECs). EWEC’s partnership with dmg events marks the third consecutive year in which EWEC provides the World ...
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MONTRÉAL / WAM The UAE is participating in the International Civil Aviation Organisation’s (ICAO) first Advanced Air Mobility Symposium (AAM 2024) and its accompanying exhibition, which kicked off on Monday and continues until September 12 in Montréal, Canada. The UAE delegation, led by Saif Mohammed Al Suwaidi, Director-General of the GCAA, includes governmental and investment entities, as well as aviation ...
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Emomali Rahmon, President of Tajikistan, 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 Sheikh Mansour bin ...
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has congratulated Abdelmadjid Tebboune on his re-election as the President of the People’s Democratic Republic of Algeria for a second term. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour ...
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ABU DHABI / WAM The UAE-India Business Forum kicks off in Mumbai and explores mutually beneficial trade, investment, and partnership opportunities. Organised by the UAE’s Ministry of Economy in collaboration with the UAE Embassy in New Delhi and India’s Ministry of Commerce and Industry, the event gathers government officials, business leaders, industrialists, and entrepreneurs as part of bilateral efforts to ...
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SHARJAH/WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, visited the Masaar project, developed by Arada over an area of 19 million square feet, with a total cost of AED9.5 billion. HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of Arada, Prince Khalid bin Alwaleed bin ...
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ABU DHABI / WAM Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the UAE, has launched its internal AI Wave programme, a strategic initiative aimed at enhancing AI literacy and adoption across the organisation. In line with the UAE’s Artificial Intelligence Strategy 2031, the programme seeks to support the UAE’s position as a ...
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ABU DHABI / WAM The UAE’s tourism sector continues to record remarkable performance in international tourist arrivals and hotel bookings, aligning with the UAE Tourism Strategy 2031, which aims to attract AED100 billion in tourism investments and boost the sector’s contribution to the GDP to AED450 billion by 2031. In 2023, the tourism sector contributed 11.7 percent of the UAE’s ...
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