UAE reveals details of national policy on biofuels

DUBAI/ WAM The UAE has revealed the details of the National Policy on Biofuels, recently approved by the UAE Cabinet. The policy supports the country’s shift to clean and sustainable energy sources. The policy has been developed by the Ministry of Energy and Infrastructure (MoEI) in coordination with its strategic partners from the public and private sectors, aiming to provide ...

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SIB provides first Islamic financial facility for Turkiye Wealth Fund

SHARJAH / WAM Sharjah Islamic Bank (SIB) and the Turkiye Wealth Fund (TWF) announced the signing of an agreement to provide a Shariah-compliant Murabaha facility worth $100 million USD, for a period of 3 years. This agreement, facilitated by Dogan Investment Bank, marks the first time the Turkish Sovereign Wealth fund has launched financing from an international source in a ...

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UAE leaders congratulate President of Namibia on Independence Day

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

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Emarat grants Al Maryah Community Bank first naming rights to its stations

DUBAI / WAM Emirates General Petroleum Corporation (Emarat) announced the granting of the first naming rights for its fuel stations to Al Maryah Community Bank, a leading digital bank in the UAE, marking the inaugural strategic partnership between Emarat and its partners within Project Landmark. Under this partnership, Al Maryah Community Bank becomes the inaugural entity, both locally and globally, ...

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Mother’s Day celebrates symbol of giving and loyalty: Fatima bint Mubarak

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak “Mother of the Nation”, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, expressed deep gratitude to the women who serve as the backbone of society and the embodiment of generosity, loyalty, and sacrifice. She also acknowledged ...

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Bayanat, Yahsat shareholders to vote on merger on April 25

ABU DHABI / WAM Bayanat AI PLC and Al Yah Satellite Communications Company each issued a circular on Thursday calling for their General Assembly Meetings (GAMs) to be held simultaneously on April 25. During the GAMs, respective shareholders of each entity will vote on the proposed merger of the two Abu Dhabi-headquartered and ADX-listed entities. This circular follows the announcement ...

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UAE President issues law regulating rehabilitation and correctional centres in Abu Dhabi

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a law regulating rehabilitation and correctional centres in Abu Dhabi, in his capacity as Ruler of Abu Dhabi. The law outlines rehabilitation and correctional centres’ general policies in Abu Dhabi, ensuring the protection of inmates’ rights and the delivery of suitable social and cultural rehabilitation. ...

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Mohammed bin Rashid directs establishing Dubai Environment and Climate Change Authority

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, issued directives to establish the Dubai Environment and Climate Change Authority, to further promote sustainable practices across sectors, to preserve biodiversity, and expand natural reserves and green spaces in the emirate. The initiative is aimed at creating a solid foundation for ...

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