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ABU DHABI / WAM The Ministry of Economy, in partnership with global fintech company Capital.com and leading Vietnamese electric vehicle producer VinFast, has hosted the Sustainable Trade Forum at COP28. A key component of the first ever Trade Day at a Conference of the Parties, the forum brought together global business and investment leaders to offer private-sector perspectives on global ...

ABU DHABI/ WAM The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) exchanged of Memorandum of Understanding (MoU) aimed at expanding cooperation in several sectors between the two central banks. The MoU was signed by Khaled Mohamed Balama, Governor of CBUAE, and Perry Warjiyo, Governor of BI. Under this MoU, an extension of the already established framework of ...

DUBAI/ WAM The Arab Coordination Group (ACG), a strategic alliance comprising regional and international development institutions, announced at COP28 an allocation of US$10 billion until 2030. This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries. The commitment is an integral part of a strategic plan encompassing seven key points designed to expedite ...

GAZA/ WAM The Emirati Field Hospital in Gaza commenced its medical services on Sunday, welcoming its first two Palestinian patients suffering from severe fractures. The first case admitted to the hospital was 17-year-old Abdul Karim Wael, who was transferred from Abu Yousef Al Najjar Hospital in Gaza. He suffers from a fracture in the right ankle and an open wound ...

ABU DHABI/WAM Coinciding with the UAE’s hosting of COP28, the Central Bank of the United Arab Emirates (CBUAE), in cooperation with the COP28 Presidency, today organised an event to facilitate global climate finance solutions and progress towards a sustainable future. During this global event, the UAE Banks Federation announced a significant initiative from the UAE banking sector to collectively mobilise ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan held discussions with His Majesty King Mohammed VI of the Kingdom of Morocco on the historic fraternal relations between the UAE and Morocco and ways to enhance ties, in addition to a range of regional and international issues of mutual interest. His Highness welcomed His Majesty’s visit to ...

ABU DHABI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has attended the Abu Dhabi Sustainability Week Summit inauguration, part of the ADSW Special Edition at COP28, at Expo City Dubai. The ADSW Summit was also attended by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty King Mohammed VI of the Kingdom of Morocco today signed a declaration aimed at a “solid and innovative partnership” in efforts to develop economic, trade, and investment cooperation and achieve broader, more ambitious development goals in line with the aspirations of both nations and their ...

DUBAI / WAM More than 100 climate tech startups are showcasing their work at COP28 UAE’s Start Up Village in the Green Zone. Operating in diverse sectors such as sustainable transport and agriculture, solar energy, and several others, these startups are offering innovative solutions that can contribute to a low-carbon future. The participation of these startups demonstrates the wide range ...

DUBAI / WAM The Emirates Nuclear Energy Corporation (Enec) has announced the signing of its first commercial uranium fuel supply contract with Kazakhstan’s National Atomic Company (NAC) Kazatomprom JSC for the UAE’s Barakah Nuclear Energy Plant. The contract opens pathways for future collaboration between the two entities as it builds on Enec’s long-established diversified procurement strategy to ensure a secure ...