DUBAI / WAM Emirates NBD has launched its Sustainable Finance Framework as part of its long-term commitment to sustainability. The new framework allows for the issuance of green and sustainable debt instruments to finance projects, which enable the transition to a low-carbon and climate-resilient economy. The framework also provides the distribution of social debt instruments leading to a positive societal ...
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ABU DHABI / WAM Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the National Bank of Egypt (NBE), reinforcing trade and economic relations between the UAE and Egypt. This landmark collaboration solidifies the longstanding bond between the two nations and showcases their commitment to mutual prosperity and ...
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DUBAI / WAM Emirates has announced a third daily flight to Hong Kong, starting from November 1. The additional flight, operated by a Boeing 777-300ER, will provide non-stop services between Dubai and Hong Kong and support the growing travel demand. Emirates is increasing services to 21 flights per week to meet market demand and offer customers greater flexibility, choice, and ...
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NAIROBI / WAM The UN Refugee Agency’s Assistant High Commissioner for Operations, Raouf Mazou, and Director-General and Special Representative of COP28, ambassador Majid Al Suwaidi, have conducted a field visit to the Dadaab refugee complex during the Africa Climate Week (ACW) on the margins of their participation in the Africa Climate Summit (ACS) in Kenya. Representatives of the World Food ...
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ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, received Luigi Di Maio, EU Special Representative for the Gulf region. Sheikh Abdullah and Di Maio reviewed friendly relations and ways to further develop cooperation between the UAE and EU countries in several sectors, including economic, trade, investment, energy and climate. The discussions covered the ...
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ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) has announced that it has successfully priced a $650 million green bond, the proceeds of which will be used to finance eligible green assets as outlined in ADCB’s Green Bond Framework. Following an extensive global investor roadshow, the green bond priced at a spread of 125 bps above US treasuries ...
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DUBAI / WAM Arabian Travel Market (ATM) will convene its 31st edition at Dubai World Trade Centre (DWTC) on May 6-9, 2024, under the theme of “Empowering Innovation: Transforming Travel Through Entrepreneurship”. With exhibitors from the fields of aviation, accommodation, hospitality, attractions, technology and more, ATM 2024 will explore how innovators in the travel and tourism space are working to ...
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NEW YORK / WAM Dennis Francis, President of the 78th Session of the UN General Assembly, has said that the upcoming United Nations Climate Change Conference (COP28), to be held in the UAE at the end of this year, is a crucial moment for the world to come together and line up behind faster, more equitable and transformative climate measures. ...
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SHARJAH / WAM HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of Sharjah Media Council, chaired, on Wednesday, the regular meeting of the Sharjah Media Council, at the 06 Mall in the emirate of Sharjah. He praised the efforts of the institutions of the Sharjah Media Council during the past period and the ...
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DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the signing of an agreement between the Dubai Electricity and Water Authority (Dewa) and Masdar, Abu Dhabi Future Energy Company, to build and operate the 1,800 megawatt (MW) sixth phase of the landmark Mohammed bin Rashid ...
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