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ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, discussed during a phone call with Winston Peters, Deputy Prime Minister and Minister of Foreign Affairs of New Zealand, bilateral relations and means to further develop them across various sectors. The two ministers also reviewed bilateral cooperation and ways to develop it across development, renewable ...

ABU DHABI/ WAM Held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, Chairman of the Abu Dhabi Equestrian Club, the Abu Dhabi International Show Jumping brings together the world’s top show jumping riders and horses from December 21st to 24th, 2023. Organised by the Abu ...

UMM AL QAIWAIN/ WAM H.H. Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, was briefed today on current and future economic and investment projects in the UAE, with discussions aimed at fostering growth both locally and internationally. This came as H.H. Sheikh Saud received today at his office in the Amiri Diwan, Abdullah ...

ABU DHABI / WAM The Abu Dhabi Global Market (ADGM) Arbitration Centre announced the launch of “ODR@ADGM”, an online dispute resolution platform that hosts a fully digitalised settlement and mediation service. Using this advanced service, parties from anywhere in the world will be able to resolve their disputes through self-guided negotiations or, ultimately, mediation facilitated by internationally accredited mediators. ODR@ADGM ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) has issued the UAE Islamic Finance Report 2023 which highlights the sustainable Islamic finance efforts of Islamic financial institutions (IFIs) across the UAE. The report comes in line with the UAE’s Year of Sustainability and its recent hosting of COP28. The report analyses the performance of various Islamic finance ...

DUBAI / WAM Dragon Oil Company, affiliated with the Government of Dubai, held its annual brainstorming session at the Bab Al Shams Hotel in Dubai, attended by the Company’s Senior officials and Top Directors, led by CEO Ali Rashid Al Jarwan. The session’s discussions centred on reviewing the company’s strategic objectives during the current and next year, while discussing future ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, on the occasion of assuming power in the State of Kuwait. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the ...

BLOOMBERG Soaring demand for travel this winter is boosting refiners’ margins for making jet fuel in Asia, providing a bright spot for the oil market even as the outlook for other transport fuels weakens. The post-pandemic recovery of air travel is gaining pace in China and India, while the US is expecting to see record travel demand during the holiday ...

BLOOMBERG FedEx Corp reported profit below analyst expectations as cost cuts weren’t enough to make up for volume declines at the air-freight unit amid a lingering cargo recession. The company lowered its sales forecast for the fiscal year ending on May 31. Adjusted earnings were $3.99 a share, the Memphis, Tennessee-based company said in a statement. Analysts had expected $4.19. ...

AJMAN/ WAM H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has issued Emiri Decree No.14 of 2023, transitioning Ajman University from a for-profit entity to a non-profit institution. This Decree aims at enhancing the University’s academic and research mission, ensuring its financial independence, and providing educational opportunities to students worldwide. According to the Decree, ...