UAE leaders congratulate President of Tajikistan on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Emomali Rahmon, President of Tajikistan, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin ...

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UAE leaders congratulate Algerian President on re-election

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has congratulated Abdelmadjid Tebboune on his re-election as the President of the People’s Democratic Republic of Algeria for a second term. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour ...

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UAE-India Business Forum explores trade prospects

ABU DHABI / WAM The UAE-India Business Forum kicks off in Mumbai and explores mutually beneficial trade, investment, and partnership opportunities. Organised by the UAE’s Ministry of Economy in collaboration with the UAE Embassy in New Delhi and India’s Ministry of Commerce and Industry, the event gathers government officials, business leaders, industrialists, and entrepreneurs as part of bilateral efforts to ...

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Sharjah Ruler visits Masaar project

SHARJAH/WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, visited the Masaar project, developed by Arada over an area of 19 million square feet, with a total cost of AED9.5 billion. HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of Arada, Prince Khalid bin Alwaleed bin ...

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EDB launches internal AI Wave programme to boost operations

ABU DHABI / WAM Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the UAE, has launched its internal AI Wave programme, a strategic initiative aimed at enhancing AI literacy and adoption across the organisation. In line with the UAE’s Artificial Intelligence Strategy 2031, the programme seeks to support the UAE’s position as a ...

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UAE’s tourism sector continues to boost investments, drive GDP growth

ABU DHABI / WAM The UAE’s tourism sector continues to record remarkable performance in international tourist arrivals and hotel bookings, aligning with the UAE Tourism Strategy 2031, which aims to attract AED100 billion in tourism investments and boost the sector’s contribution to the GDP to AED450 billion by 2031. In 2023, the tourism sector contributed 11.7 percent of the UAE’s ...

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Crown Prince of Abu Dhabi arrives in New Delhi on official visit to India

NEW DELHI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in New Delhi on an official visit to India. Upon arrival at the airport, HH was received by Piyush Goyal, India’s Minister of Commerce and Industry, and was honoured with a traditional red-carpet reception, during which the national anthems of ...

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China’s foreign exchange reserves increases 0.98 percent in August

BEIJING / WAM China’s foreign exchange reserves totalled $3.2882 trillion as of the end of August, up by $31.8 billion, or 0.98 percent compared to the end of July, official data showed. Xinhua News Agency quoted the State Administration of Foreign Exchange as saying that China’s foreign exchange reserves have remained stable above $3.2 trillion for nine consecutive months. The ...

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Shanghai launches $1.41b fund to foster future industries

SHANGHAI / WAM The Chinese financial hub of Shanghai announced the establishment of a CN¥10 billion (about $1.41 billion) fund to nurture future industries. Xinhua News Agency quoted the Science and Technology Commission of Shanghai Municipality as saying the fund is fully financed by the Shanghai government and has a term of 15 years that can be extended by an ...

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