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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a written letter to Carlos Vila Nova, President of the Democratic Republic of Sao Tome and Principe, which included an official invitation to the Conference of the Parties to the UN Framework Convention on Climate Change (COP28), which will be held at Expo City Dubai ...

LIMA / WAM Mohamed Abdulla Al Shamsi, UAE ambassador to the Republic of Peru, has met with Alex Contreras Miranda, Minister of Economy and Finance, at the Ministry’s headquarters in the Peruvian capital, Lima. During the meeting, they reviewed prospects for cooperation between the UAE and Peru. Al Shamsi and Miranda also discussed promising investment opportunities and stimulating investment flows, ...

ABU DHABI / WAM Environment Agency – Abu Dhabi (EAD) announced, in collaboration with the Ministry of Education (MoE), Emirates Schools Establishment, and the Abu Dhabi Department of Education and Knowledge (Adek), that all schools in the emirate have now pledged to join EAD’s Sustainable Schools Initiative (SSI), globally recognised by the United Nations Environment Programme (UNEP). This initiative will ...

SHARJAH / WAM The Sharjah Executive Council (SEC) held on Tuesday its weekly meeting under the chairmanship of HH Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of SEC. The meeting discussed a number of topics on its agenda covering several topics, including progress of government work in the emirate, the development of ...

DUBAI / WAM The Mohammed bin Rashid Aerospace Hub (MBRAH) announces the signing of an agreement with Tim Investment that will launch an MRO hangar at Dubai South that caters to wide-body aircrafts. The signing ceremony took place at Dubai South HQ and was attended by Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, Tahnoon ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Ukhnaagiin Khurelsukh of Mongolia on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin ...

BLOOMBERG  The slump in dealmaking cut pay for investment bankers at almost every level of seniority in London last year, more evidence of the global slowdown in the sector. The highest tier of vice presidents made 13% less, and all but the most junior associates saw their total compensation fall, according to a survey of about 250 bankers by global ...

BLOOMBERG  Bain Capital and Carlyle Group Inc are among potential bidders for a controlling stake in Gautam Adani’s shadow bank, according to people familiar with the matter, as the Indian billionaire looks to conserve cash and focus on core businesses. The Adani Group is working with an adviser to look for buyers for Adani Capital after an initial public offering ...

DUBAI / WAM Dubai Investments and E20 Investment, an Abu Dhabi-based agribusiness investment company, have signed a memorandum of understanding (MoU) to develop 3,750 Ha of agricultural land in Angola, harnessing the potential of the country’s agricultural sector for sustainable growth and economic development. E20 Investment, specialises in investing in operating farms and processing facilities across the globe, with a ...

ABU DHABI / WAM Edge Group PJSC, one of the world’s leading advanced technology and defence groups, announced the acquisition of a 100% stake in Etimad Holding LLC (Etimad), a technology solutions and services company with a focus on security systems solutions, systems integration, projects fulfilment, and execution in the fields of border security, law enforcement, critical infrastructure, urban management, ...