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ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) expected the country’s strong foreign trade performance to continue in 2024 and 2025, sustaining its projected growth for the UAE’s real GDP in 2024 at 3.9 percent, with expectations for it to further accelerate to 6.2 percent in 2025. In its June 2024 Economic Quarterly Review, the apex bank said that ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has issued Decree No. (40) of 2024 on the formation of the Board of Directors of the Emirates International Accreditation Centre (EIAC). The Board is chaired by the Director-General of Dubai Municipality, while Dr. Hilal Humaid Saeed Al Kaabi serves as ...

RAS AL KHAIMAH / WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, on Friday issued a resolution restructuring the Board of Directors of the Emirates Cultural and Sports Club. The resolution stipulates that the Board shall be chaired by Mahmoud Hassan Mohammed Al Shamsi, Engineer Ismail Hassan Al Balooshi as First ...

ABU DHABI/WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, has toured Hub71 to explore Abu Dhabi’s global tech ecosystem’s efforts to enhance its startup community further and attract world-class international startups to the UAE capital for expansion into the Middle East region. The visit underscores the UAE’s commitment to promoting innovation and entrepreneurship as key drivers ...

DUBAI/WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, issued Decree No. (39) of 2024 on the formation of the Board of Directors of the Dubai Women Establishment (DWE). The Board is chaired by Mona Ghanem Al Marri, Managing Director of DWE, while Hala Badri, serves as ...

ABU DHABI/WAM The UAE Ministry of Finance today announced the implementation of transformational projects that support the country’s efforts to transition towards the future and enhance its competitiveness, in line with the ‘We the UAE 2031’ vision and the UAE’s efforts to become the global hub for the new economy over the next ten years. These projects are unique in ...

DUBAI/WAM Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has supported VinFast Trading and Production Joint Stock Company (VinFast), a pioneering manufacturer of electric vehicles, in establishing its regional headquarters in Dubai. The move marks a significant milestone in the Vietnamese company’s global expansion strategy and reflects the chamber’s vital role in contributing ...

SHARJAH/WAM The Emirates Publishers Association (EPA) is participating in the Beijing International Book Fair 2024 in a bid to support Emirati publishers in exploring the trends of the Chinese publishing market and understanding the aspirations of readers in this ancient country. Taking place from the 19th to 23rd June, the event attracts more than 2,600 exhibitors from 100 countries annually ...

ABU DHABI / WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, and Astha Biotech, a UAE-based investment and development company, today signed a lease agreement for a new facility in KEZAD Al Ain. The agreement will witness the launch of the first UAE company focused on the production of microalgae ...

ABU DHABI/WAM H.H. Sheikha Fatima bint Mubarak (The Mother of the Nation), Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), received a group of UAE female ambassadors abroad. The meeting was held in the presence of H.H. Sheikha Shamsa bint Hamdan bin Mohammed ...