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Sharjah Ruler directs expanding Al Tarif Park in Kalba

SHARJAH / WAM In implementation of the directives of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to expand Al Tarif Park in Kalba, the Department of Town Planning and Survey in Sharjah has begun to take the necessary measures to implement the directive. The park’s size will increase to more than 27,000 ...

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Sharjah International Book Fair opens registration for its 2023 edition of Awards, Turjuman Award

SHARJAH / WAM Sharjah Book Authority (SBA) has begun accepting applications for the 2023 edition of the prestigious Sharjah International Book Fair (SIBF) Awards, which features five main categories, including the prestigious ‘Turjuman’ Award and nine associated accolades. These awards are designed to honour the outstanding achievements of writers, intellectuals and publishers, as well as local talents whose writing and ...

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UAE takes part in 64th WIPO assemblies’ meetings in Geneva

GENEVA / WAM The UAE participated in the 64th series of meetings of the assemblies of the World Intellectual Property Organisation (WIPO) member states that took place in Geneva, Switzerland, until July 14. Dr Abdul Rahman Al Maeeni, Secretary-General of the Association Emirates Intellectual Property (Eipa), said, “Thanks to the directives and vision of its wise leadership, the UAE has ...

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Adib raises $750m in US dollar denominated AT1 sukuk

ABU DHABI / WAM Abu Dhabi Islamic Bank (Adib) announced on Wednesday that it has successfully raised $750 million in the world’s first dollar denominated additional tier-one (AT1) perpetual sukuk issued since March 2023. Adib, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable outlook, priced the perpetual non-call, five and half-year sukuk ...

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Agthia Group unveils $54 million corporate venture capital fund

ABU DHABI / WAM Agthia Group PJSC on Wednesday announced the launch of Agthia Ventures, a corporate venture capital (CVC) fund designed to expand Agthia’s innovation capabilities and create mutual value with startups as the company continues to drive profitable growth in both new and existing markets. Funded by Agthia and its parent company ADQ, Agthia Ventures will be managed ...

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National Programme for AI launches 5th edition of UAE AI Camp

DUBAI / WAM The National Programme for Artificial Intelligence, in collaboration with the National Programme for Coders, has launched the fifth edition of the UAE AI Camp, a five-day camp that aims to empower new generations with advanced technology, tools, and skills in artificial intelligence. The camp targets school and university students, as well as various groups of society. It ...

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EAD targets 20 million reduction in single-use plastic bottles in 2023

ABU DHABI/ WAM The Environment Agency — Abu Dhabi (EAD), in collaboration with key stakeholders, has set the ambitious target of collecting 20 million single-use plastic bottles a year for recycling. This will be achieved, in part, by installing 70 Reverse Vending Machines (RVMs) and 26 Smart Bins in areas with high footfall in the emirate of Abu Dhabi such ...

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UAE leaders wish Solomon Islands Governor General on National Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of congratulations to Sir David Vunagi, Governor General of the Solomon Islands , on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and ...

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Added, NWTN ink deal to boost green auto industry in Abu Dhabi

ABU DHABI / WAM The Abu Dhabi Department of Economic Development (Added) and NWTN Inc, an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world, have inked an agreement to train and provide job opportunities for UAE talent and develop the automotive industry as well as green economy. NWTN plans to build an integrated production line ...

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UAE accelerates to net zero with nationwide emissions reduction of 40% by 2030

DUBAI / WAM Following the UAE cabinet’s approval of the Third Update of the country’s Second Nationally Determined Contributions (NDC) under the Paris Agreement, the Ministry of Climate Change and Environment (MOCCAE) on Tuesday announced a comprehensive roadmap to achieving 40 percent emission reduction by 2030 compared to business as usual. The Third Update of the Second NDC marks a ...

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