Abu Dhabi to launch world’s first carbon credit trading exchange

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has partnered with AirCarbon Exchange (ACX) to create the world’s first fully regulated carbon trading exchange and carbon clearing house which will be established in Abu Dhabi, the capital of the UAE. Pursuant to its recently released consultation paper, ADGM is set to ...

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‘UAE nuclear energy program an inspiring global example’

  DUBAI / WAM Rumina Velshi, President and CEO of the Canadian Nuclear Safety Commission (CNSC), said the UAE Peaceful Nuclear Energy Programme is an inspiring global example. In her exclusive statement to WAM, Velshi said she visited the Barakah Nuclear Power Plant two years ago and witnessed the success story of the programme, which she described as an unprecedented ...

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ADX, FTSE to develop FTSE ADX 15 Index

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) and FTSE Russell have partnered to develop the FTSE ADX 15 Index, a benchmark blue chip measure that will support ADX’s recently launched derivatives market and the creation of ETFs and other index-tracking investment vehicles. Also known as the FADX 15, the benchmark index will be launched on March ...

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UAE is fast-tracking low-carbon economic growth to deliver jobs

  ABU DHABI / WAM The UAE is fast-tracking low-carbon economic growth to deliver new jobs, new industries and new revenue streams, according to Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Special Envoy for Climate Change. Speaking at the Middle East and North Africa Climate Week, Dr Al Jaber explained that the UAE is ...

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DP World unveils e-comm platform in Tanzania

  DAR ES SALAAM / WAM DP World on Tuesday announced the launch of its wholesale e-commerce platform DUBUY.com in Tanzania. The online marketplace will give Tanzanian businesses better access to international markets. It will also provide a more secure and reliable supply chain, through DP World’s worldwide ports and logistics network. The new platform enables Tanzanian businesses to buy ...

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UAE minister, BlackRock CEO discuss ties

  DUBAI / WAM Abdullah bin Touq Al Marri, Minister of Economy, met with Larry Fink, CEO of BlackRock, a leading global asset management company, to discuss ways of boosting their investments in various economic sectors. The meeting took place during the Investopia Investment Summit, on the sidelines of the World Government Summit 2022. Al Marri highlighted the summit’s key ...

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World is facing unprecedented speed of change, says Al Gergawi

  Dubai / WAM Mohammad Abdullah Al Gergawi, UAE Minister of Cabinet Affairs and Chairman of the World Government Summit (WGS) Organisation, opened the first day of WGS2022 by setting out how governments need to adapt to an accelerating speed of change that will challenge regulators’ ability to keep pace. Mohammad Al Gergawi gave ‘three readings of the future’ centred ...

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Visitors say ‘goodbye’ as Expo 2020 Dubai final curtain nears

  DUBAI / WAM Expo 2020 Dubai recorded more than one million visits last Friday, Saturday and Sunday as visitors say their final goodbyes to what has been a spectacular six months. More well-wishers are expected to flock to the site in the remaining three days to be part of the World Expo’s closing action and entertainment – including what ...

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UAE ministry, BlackRock CEO discuss cooperation

  Abu Dhabi / WAM Abdullah bin Touq Al Marri, Minister of Economy, met with Larry Fink, CEO of BlackRock, a leading global asset management company, to discuss ways of boosting their investments in various economic sectors. The meeting took place during the Investopia Investment Summit, on the sidelines of the World Government Summit 2022. Al Marri highlighted the summit’s ...

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UAE participates in ITU Council 2022

  ABU DHABI / WAM The UAE, represented by the Telecommunications and Digital Government Regulatory Authority (TDRA), participated in the 2022 Session of the ITU Council at the ITU headquarters in Geneva. Majed Sultan al-Mesmar, Director-General of the TDRA, headed the TDRA’s delegation while Saif bin Ghelaita, Executive Director of the Technology Development Affairs Department at the TDRA, chaired the ...

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