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DUBAI/ WAM The Ministry of Climate Change and Environment (MoCCAE) has signed a Joint Declaration of Intent with the Federal Ministry for the Environment, Nature Conservation, and Nuclear Safety and Consumer Protection in the Federal Republic of Germany for the “Green Coast Initiative”. This initiative aims to collaborate in the protection, restoration, and sustainable management of mangrove trees in African ...

BUENOS AIRES/ WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Noura Al Kaabi, Minister of State, attended the inauguration ceremony of Javier Milei as President of the Republic of Argentina, in Buenos Aires, accompanied by Saeed Alqemzi, UAE ambassador to Argentina. Al Kaabi conveyed His Highness the UAE President’s regards to the newly-appointed Argentine President, ...

ABU DHABI/ WAM The Central Bank of the UAE (CBUAE) joined the “AFAQ” Payments System, which is operated by the Gulf Payments Company (GPC) and owned by the GCC Central Banks. AFAQ, a system linking payment systems in GCC countries, offers the service of executing financial transactions in local currencies to customers in the GCC countries in real-time with lower ...

ABU DHABI/WAM Abu Dhabi Airports, the operator of five commercial airports in the emirate of Abu Dhabi, revealed today the establishment of an exchange programme with Shanghai Airport Authority (AVINEX), that recognises common interests between the two parties, as well as capitalising on opportunities of collaboration in the aviation sector. The agreement was announced through a Memorandum of Understanding (MoU) ...

DUBAI / WAM The activities of the “Arab Plast 2023” exhibition, the largest plastics and petrochemicals exhibition in the Middle East and North Africa, begins today at the Dubai World Trade Centre, with the participation of the industry’s main players from the GCC, regional and international petrochemicals and plastics manufacturers, The event, which is held under the patronage of Sheikh ...

DUBAI / WAM Nasdaq Dubai has welcomed the first Sukuk listing by the Republic of the Philippines, “ROP Sukuk Trust”, underscoring the exchange’s reputation as the preferred choice for sovereign issuances. The Republic of the Philippines has chosen Nasdaq Dubai to list its maiden sukuk worth $1 billion of Trust Certificates due in 2029. The debut listing solidifies the exchange’s ...

SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, President of the American University of Sharjah, honoured 16 individual and corporation winners of the Future Pioneers Awards (FPA) at BEEAH Group headquarters. The awards ceremony was held in recognition of the participants’ outstanding achievements and innovative contributions to sustainability across FPA’s three main categories: individuals, groups, and corporations. The latest ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced Dr Mohamed El-Erian, President of Queens’ College at Cambridge University, as the winner of the first Great Arab Minds (GAM) award in the economics category, in recognition of his incredible contributions to the field of economics ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri decree forming the Sharjah Consultative Council in the eleventh legislative term. The decree stipulates that the Sharjah Consultative Council, in its eleventh legislative term, shall be formed of the following: From Sharjah City, Jamila Mohammed Khalfan Al Shamsi; ...

BLOOMBERG Thai Airways International Pcl is leaning toward awarding a winner-take-all widebody jet deal to Boeing Co after a rival offer by Airbus SE was thwarted by a stalemate with a key partner. Boeing is closing in on a sale of as many as 80 of its 787 Dreamliners in a mix of firm orders, options and purchase rights that ...