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ABU DHABI / WAM The Emirates News Agency (WAM) on Thursday signed a memorandum of understanding (MoU) with the Czech News Agency (CTK), aiming at strengthening and developing cooperation in news exchange. The MoU was signed virtually by Mohammed Jalal Al Rayssi, Director-General of WAM, and Jiri Majstr, CEO of CTK. The WAM-CTK collaboration is part of WAM’s efforts to ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, has issued a law establishing the National Academy for Childhood Development, to be headquartered in Abu Dhabi as part of the Abu Dhabi Early Childhood Authority. The academy aims to offer education, training and lifelong learning programmes related ...

BLOOMBERG  European Central Bank (ECB) officials called for interest rates to be lifted further — seeking additional reassurance on the inflation front as they look past more signs of weakness in the euro-zone economy. Dutch central bank chief Klaas Knot said he’s “not yet convinced that the current tightening is sufficient,” telling lawmakers in the Netherlands that “inflation could well ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has announced that Unit 4, the fourth and final unit at the Barakah Nuclear Energy Plant in Abu Dhabi, has begun its operational readiness preparations. The operations team at Barakah have now commenced the operational readiness testing required to demonstrate the unit is ready to receive the Operating License from ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the honouring of a number of companies leading in Corporate Social Responsibility (CSR), in recognition of their important role in consolidating sustainability practices. His Highness Sheikh Mohammed stressed the importance of strengthening and organising Corporate Social ...

DUBAI / WAM  His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued Decree No (22) of 2023 on the Board of Directors of the Dubai Real Estate Corporation. As per the Decree, the Corporation’s Board is chaired by HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, with ...

BLOOMBERG  Standard Chartered Plc agreed to sell its Zimbabwe business to the country’s FBC Holdings Ltd as it presses ahead with plans to exit seven markets in Africa and the Middle East. The emerging markets-focussed bank will transfer 100% of its shareholding in the unit, including the custodial services business, to FBCH, as the investment holding company is known. FBCH ...

BLOOMBERG  China’s four big state lenders have effectively cut dollar deposit rates, according to people familiar with the matter, at a time when strong demand for the US currency in the banking system helped push the yuan to a six-month low. The banks have lowered the ceiling on the rates — which are a spread over the US Secured Overnight ...

LIMA / PERU / WAM The UAE and the Republic of Peru signed an air services agreement, with Mohammed Abdullah Al Shamsi, UAE ambassador to the Republic of Peru, signing on behalf of the UAE and Gervasi Díaz, Minister of Foreign Affairs, representing Peru. This agreement will open new horizons for cooperation between the two countries and promote intra-trade. Al ...

LONDON / WAM SailGP, the world’s most exciting race on water, has announced a new partnership with Mubadala Investment Company, an Abu Dhabi-based international investor, as Global Series Partner. This collaboration brings together two leading-edge organisations, building on Mubadala’s successful two-year tenure as the SailGP Season Grand Final title partner in San Francisco. The new partnership extends for the next ...