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BERLIN / WAM Speaking in the High-Level Segment of the annual Petersberg Climate Dialogue, attended by Chancellor Olaf Scholz, President Ilham Aliyev of Azerbaijan and a number of Climate and Foreign Affairs Minister Ministers, Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, urged governments to “think bigger, act bolder” on national climate plans. The ...

DUBAI / WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, today met with a group of Emirati children who had volunteered to participate in clean-up efforts in various Dubai neighbourhoods in response to the recent adverse weather events witnessed across the emirate. Sheikh Hamdan interacted with the children ...

ABU DHABI / WAM EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, today announced the award for its 1.5 gigawatt (AC) Al Ajban Solar PV Independent Power Project. The development of the utility-scale solar power plant was awarded to an international consortium of ...

DUBAI / WAM Dubai Health and UMass Chan Medical School, Massachusetts’s first and only public academic health sciences centre, have signed a Memorandum of Understanding (MoU), laying the groundwork for a productive partnership. The MoU was signed during a visit made by a delegation from UMass Chan to Dubai Health, where the delegation learnt about Dubai’s first integrated academic health ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Rodrigo Chavez Robles, President of the Republic of Costa Rica, discussed opportunities to develop cooperation in a phone call. The two sides addressed opportunities in the economic, trade, investment, and other priority areas that support the vision of both countries and their aspirations for sustainable ...

ABU DHABI/ WAM Abu Dhabi Commercial Bank PJSC (ADCB) today reported its financial results for the first quarter of 2024 (Q1’24). ADCB has continued growth momentum into 2024, delivering a first-quarter net profit before tax of AED2.431 billion, an increase of 26 percent year-on-year (YoY). Net profit after tax was AED2.139 billion, with a return on average tangible equity of ...

ABU DHABI/ WAM The Ministry of Climate Change and Environment (MOCCAE) today signed a Memorandum of Understanding (MoU) with the Ministry of Maritime Affairs and Investment of the Republic of Indonesia, to support the country in reducing plastic waste leakage into the oceans. The formal signing ceremony took place on the sidelines of The AVPN Global Conference 2024 in Abu ...

ABU DHABI/ WAM Ryan McPherson, Regional Director (Middle East, Africa, Russia & CIS) for the Energy Industries Council (EIC), said that the United Arab Emirates is making continuous progress in the renewable energy sector, ranking advanced among regional countries in terms of clean and renewable energy production capacity. MacPherson added in statements to the Emirates News Agency (WAM), on the ...

DUBAI / WAM The upcoming edition of Arabian Travel Market (ATM), a premier global event in travel and tourism, will serve as a pivotal gathering for hospitality stakeholders from May 6-9 at the Dubai World Trade Centre. According to data from Deloitte, Dubai is leading the regional hospitality markets with a strong outlook for 2024. The city now offers more ...

DUBAI / WAM Emirates Islamic profit surged to a record AED811 million in the first quarter of 2024, up 35 percent year-on-year (YoY). This remarkable financial success was underpinned by a robust 19 percent growth in total income, propelled by higher funded and non-funded income streams, which serves as a testament to the bank’s strengthened business sentiment and strategic financial ...