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ABU DHABI / WAM The Emirates Centre for Strategic Studies and Research (ECSSR) is participating as a “Knowledge Partner” in the second edition of the Global Media Congress, to be held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, at the Abu Dhabi National Exhibition …

BLOOMBERG The rally in stocks sputtered with traders once again watching policy makers for clues on whether they’ll dial back their higher-for-longer stance on interest rates. Europe’s Stoxx 600 index slipped 0.3% and US equity futures traded flat. Oil hovered near a three-month low after plunging almost 7% over the previous two sessions. Yields on 10-year Treasuries held below 4.5%.  …

BLOOMBERG It took just over 18 months, but Bitcoin is finally back to where it traded before the event that precipitated the last crypto crash. The dominant cryptocurrency rose as much as 3.6% to $36,856 on Thursday. That’s the highest since May 6, 2022 — just before the TerraUSD stablecoin collapsed and ignited a daisy chain of failures across the …

DUBAI / WAM Dubai Electricity and Water Authority PJSC (DEWA) today reported its third quarter 2023 (Q3’23) consolidated financial results, with a record quarterly revenue of AED 9.4 billion, an operating profit of AED AED 3.7 billion, and EBITDA of AED 5.2 billion. For the first nine months, DEWA’s consolidated revenue totalled AED 22.2 billion, with an operating profit of …

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has taken a significant step forward in the fight against cancer by launching updated scientific guidelines for breast, cervical, and colon cancer. These guidelines, based on the latest international practices, aim to enhance the efficiency of health workers, provide superior preventive and curative services to cancer patients, and raise awareness …

ABU DHABI / WAM The UAE’s EDGE Group, one of the world’s leading advanced technology and defence groups, has announced the acquisition of a 50 percent stake in Flaris, a pioneering Polish aviation company specialising in the development of state-of-the-art personal jets. The two companies will also establish a joint venture, enabling EDGE to further develop Flaris’ portfolio of jets, …

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has become the first bank globally to join the COP28 Net-Zero Transition Charter. The Charter was launched in November 2023 by the COP28 Presidency to mobilise and encourage the private sector to demonstrate bolder action on climate. Through this initiative, companies must commit to greater accountability in net-zero pledges. FAB’s commitment …

ABU DHABI / WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, accompanied by sheikhs and officials, has visited the Abu Dhabi International Boat Show 2023 to review the latest innovations on display in the show’s pavilions, including boats, yachts, and fishing and marine sports equipment. During a tour of the show at Abu Dhabi …

ABU DHABI / WAM Hamid AlZaabi, Director-General of the Executive Office for Anti-Money Laundering and Counter Terrorism Financing (AML/CFT), said that the second edition of the Global Media Congress (GMC) represents a global platform for shaping the future of the media industry and consolidates the UAE’s pioneering role regionally and internationally. The Global Media Congress will be held under the …

ABU DHABI / WAM The UAE’s long-term vision and strategy in Artificial Intelligence (AI) creates economic growth and positions the country as a very important international talent hub, Carme Artigas, Spanish Secretary of State for Digitalisation and Artificial Intelligence, told the Emirates News Agency (WAM). “This is where the collaboration with the Spain comes in. Spain and ADIA Lab focus …