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ABU DHABI/ WAM The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) exchanged of Memorandum of Understanding (MoU) aimed at expanding cooperation in several sectors between the two central banks. The MoU was signed by Khaled Mohamed Balama, Governor of CBUAE, and Perry Warjiyo, Governor of BI. Under this MoU, an extension of the already established framework of ...

DUBAI/ WAM The Arab Coordination Group (ACG), a strategic alliance comprising regional and international development institutions, announced at COP28 an allocation of US$10 billion until 2030. This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries. The commitment is an integral part of a strategic plan encompassing seven key points designed to expedite ...

DUBAI/ GULF TIME The Nigeria Trade House is proud to announce a new partnership with the GCC region to establish economic collaboration as Nigeria sets its sights on becoming a leading global player in agricultural exports. H.E. Dapo Abiodun, Governor of Ogun State graced the event at the JAFZA One Auditorium, and the inauguration of the Nigeria Trade House’s warehouse ...

GAZA/ WAM The Emirati Field Hospital in Gaza commenced its medical services on Sunday, welcoming its first two Palestinian patients suffering from severe fractures. The first case admitted to the hospital was 17-year-old Abdul Karim Wael, who was transferred from Abu Yousef Al Najjar Hospital in Gaza. He suffers from a fracture in the right ankle and an open wound ...

ABU DHABI/WAM Coinciding with the UAE’s hosting of COP28, the Central Bank of the United Arab Emirates (CBUAE), in cooperation with the COP28 Presidency, today organised an event to facilitate global climate finance solutions and progress towards a sustainable future. During this global event, the UAE Banks Federation announced a significant initiative from the UAE banking sector to collectively mobilise ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan held discussions with His Majesty King Mohammed VI of the Kingdom of Morocco on the historic fraternal relations between the UAE and Morocco and ways to enhance ties, in addition to a range of regional and international issues of mutual interest. His Highness welcomed His Majesty’s visit to ...

ABU DHABI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has attended the Abu Dhabi Sustainability Week Summit inauguration, part of the ADSW Special Edition at COP28, at Expo City Dubai. The ADSW Summit was also attended by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty King Mohammed VI of the Kingdom of Morocco today signed a declaration aimed at a “solid and innovative partnership” in efforts to develop economic, trade, and investment cooperation and achieve broader, more ambitious development goals in line with the aspirations of both nations and their ...

DUBAI\ GULF TIME Al Bandar Rotana Hotel Dubai, one of the city’s most notable hospitality destination, marked the UAE National Day with a celebration in the presence of esteemed hotel owners and guests. The event was honoured by the presence of Khaled Al Badie, Ghaith Hamel Al Ghaith, Mohammed Al Sayegh, and Mohamed Hamadeh, the General Manager of Alain Ahlia ...

DUBAI / WAM More than 100 climate tech startups are showcasing their work at COP28 UAE’s Start Up Village in the Green Zone. Operating in diverse sectors such as sustainable transport and agriculture, solar energy, and several others, these startups are offering innovative solutions that can contribute to a low-carbon future. The participation of these startups demonstrates the wide range ...