Abu Dhabi’s ports H1 growth hits 37% in digital customs

ABU DHABI / WAM The General Administration of Abu Dhabi Customs recorded a growth of 37% in digital customs transactions through the border crossings of Abu Dhabi during the first half of 2023, compared to the same period in 2022, achieving a growth rate of 35.8% in clearance of goods transactions, and 20% growth in customs clearance request in free ...

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Sheikh Mohammed directs creation of airbridge to send aid to Libya

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has ordered airlifts to facilitate the dispatch of relief aid mobilised by the International Humanitarian City (IHC) to support people affected by the major humanitarian crisis in flood-devastated eastern Libya. Mohammed Ibrahim Al Shaibani, Chairman of Dubai’s International ...

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Abdullah bin Zayed, Prime Minister of Fiji discuss joint cooperation in New York

NEW YORK / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, and Sitiveni Rabuka, Prime Minister of Fiji, discussed bilateral relations and cooperation, especially in the climate field. During the meeting, which was held on the sidelines of the 78th Session of the United Nations General Assembly (UNGA78) in New York, the two sides reviewed a ...

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Abdullah bin Zayed, Cleverly explore UAE-UK strategic partnership in New York

NEW YORK / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met with James Cleverly, Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom and Northern Ireland, in New York. During the meeting, held on the sidelines of the 78th session of the United Nations General Assembly (UNGA78), the two sides ...

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Abdullah bin Zayed meets Albanian Prime Minister in New York

NEW YORK / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met with Edi Rama, Prime Minister of Albania, on the sidelines of the 78th session of the United Nations General Assembly (UNGA78) in New York. During the meeting, the two leaders discussed bilateral relations and ways to foster them to serve their common interests. ...

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UAE Foreign Minister holds meetings in New York

NEW YORK / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, met separately with a number of foreign ministers participating in the 78th Session of the United Nations General Assembly (UNGA78) in New York. His Highness met with Ivica Dacic, First Deputy Prime Minister and Minister of Foreign Affairs of Serbia; Senator Dr Zambry Abd ...

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Stocks fluctuate as oil’s climb adds to interest rate concerns

BLOOMBERG Stocks fluctuated as traders braced for a potentially hawkish message from major central banks meeting to set interest rates. Benchmark Brent crude oil topped $95 a barrel for the first time since November, adding to concerns about inflation. Oil giants TotalEnergies SE, BP Plc and Shell Plc were among the biggest contributors to gains in Europe’s Stoxx 600 benchmark, ...

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China’s equity rout puts at risk $5bn worth of derivatives by Koreans

BLOOMBERG The persistent weakness in Chinese stocks listed in Hong Kong augurs ill for risk-loving retail investors in South Korea, given their exposure to the market through complicated structured products. Equity-linked securities, or ELS, worth 7 trillion won ($5.3 billion) — mostly tied to the Hang Seng China Enterprises Index — were at risk of capital losses as of end-June, ...

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