Sheikh Mohammed meets with Indian PM  at World Governments Summit 2024

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Wednesday met with Narendra Modi, Prime Minister of India, who is currently visiting the UAE as a guest of honour at the World Governments Summit (WGS) 2024. The three-day summit, held under the theme “Shaping Future Governments”, concluded its activities ...

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Al Zeyoudi addresses WTO General Council ahead of MC13

GENEVA / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, participated in the General Council of the World Trade Organization (WTO) in Geneva on Wednesday, the final meeting before the upcoming 13th Ministerial Conference (MC13) in Abu Dhabi of which he is Chair. The General Council, the highest decision-making body of the WTO outside of ...

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SKEA inks pact with Sheikh Khalifa Government Excellence Programme

ABU DHABI / WAM The Sheikh Khalifa Excellence Award (SKEA) programme, a subsidiary of the Abu Dhabi Chamber, has signed a Memorandum of Understanding (MoU) with the Sheikh Khalifa Government Excellence Programme, at the World Governments Summit (WGS) 2024, being held in Dubai under the theme of “Shaping Future Government”. Ahmed Khalifa Al Qubaisi, CEO of the Abu Dhabi Chamber, ...

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Gold stays below key $2,000 level

WORLD CAPITALS / WAM Gold prices lingered near a two-month low on Wednesday, trading below the key $2,000- per-ounce level, as a stronger-than-expected US inflation report prompted traders to trim bets for deeper rate cuts by the Federal Reserve. According to Reuters, spot gold was flat at $1,992.21 per ounce (Oz) as of 0429 GMT after hitting its lowest since ...

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Beeah, SRTIP, US-based ‘Singularity’ spearhead Future Summit in Sharjah

SHARJAH / WAM Beeah, a sustainability pioneer, held the first edition of its “Future Summit — Beyond Tomorrow: A Journey into Exponential Innovation” for future technologists and business leaders. In collaboration with the Sharjah Research, Technology, and Innovation Park (SRTIP) and US-based exponential education company, Singularity, the summit empowered a group of futurists to embrace an exponential mindset, be prepared ...

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ADFD takes centre stage at WGS 2024 as strategic partner

DUBAI / WAM The Abu Dhabi Fund for Development (ADFD) participated in the World Governments Summit (WGS) in Dubai as a strategic partner. The three-day event, which took place from February 12-14 under the theme of “Shaping Future Governments”, served as a global platform uniting government leaders, thinkers, experts, and decision-makers to exchange insights, anticipate the future, and leverage innovation ...

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UAE-India pact to accelerate growth of digital economy

ABU DHABI / WAM The Ministry of Investment of the UAE and the Ministry of Electronics & Information Technology of the Republic of India have signed a memorandum of understanding (MoU), setting out a framework for the expansion of bilateral investment cooperation in the digital infrastructure sector, with a special emphasis on data centre projects in India. The memorandum marks ...

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Fertiglobe reports full-year 2023 revenues of $2,416m

ABU DHABI / WAM Fertiglobe, the strategic partnership between Adnoc and OCI Global, on Wednesday reported Q4 2023 revenue of $646 million, adjusted EBITDA of $289 million, and adjusted net profit of $103 million. Fertiglobe’s full-year 2023 revenues and adjusted EBITDA were $2,416 million and $1,004 million, respectively, with adjusted net profit of $363 million. Fertiglobe achieved 23% growth in ...

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UAE leaders congratulate President of Azerbaijan on election win

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to the President of the Republic of Azerbaijan, Ilham Aliyev, on the occasion of the presidential election win. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh ...

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Titan Lithium to set up AED5 billion lithium processing plant in KEZAD

ABU DHABI/ WAM Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and UAE-based Titan Lithium have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art lithium processing plant in Khalifa Industrial Area (KEZAD Al Ma’mourah). To be developed in three stages with AED 5 billion in ...

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