Under the patronage of Sheikh Mansour, MoHRE launches second edition of Emirates Labour Market Award

DUBAI / WAM Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the Ministry of Human Resources and Emiratisation (MoHRE) launched the second edition of the Emirates Labour Market Award. The award is the first-of-its-kind in the UAE to honour distinguished private sector companies and workforce ...

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Nasdaq Dubai welcomes $300m debut listing by Binghatti

DUBAI / WAM Nasdaq Dubai welcomed the inaugural Sukuk listing by Binghatti Holding, a leading Dubai-based property developer on the region’s esteemed international financial exchange. The debut issuance, valued at $300 million, emphasises the pivotal role of Sukuk financing within the regional financial landscape. The listing further enhances Nasdaq Dubai’s position as a premier venue, reinforcing its role in facilitating ...

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Abu Dhabi City Municipality honours winners of ‘Golden Helmet’ competition

ABU DHABI / WAM The Abu Dhabi City Municipality (ADM), through the City Planning Sector – Environment, Health and Safety Department, organised the Golden Helmet Award Ceremony to honour the third session’s award winners from companies operating in the building and construction sector, including contractors and consultants within the municipality’s geographical scope. The ceremony, held in the presence of Saif ...

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ADGM publishes paper on whistleblowing framework

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre of the UAE’s capital, on Thursday announced the publication of a Consultation Paper on a proposed whistleblowing framework, reinforcing the continuous emphasis on transparency, accountability and market integrity from ADGM and its Regulatory Authorities. The framework complements the ADGM’s existing regulatory frameworks and builds upon the publication ...

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Educational policies to protect national identity recommended

ABU DHABI / WAM Participants in the second edition of the TRENDS International Education Conference stressed the need for innovative educational policies to preserve identity and support positive youth behaviour. The conference, “Education and Identity in the Digital Age… Proposed Strategies for Preserving Identity and Shaping Youth Behaviours,” also discussed the need to enhance interaction and exchange between researchers, educational ...

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Fatima bint Mubarak visits Supreme Council for Motherhood and Childhood’s headquarters in Abu Dhabi

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, President of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation and Mother of the Nation, has visited the Supreme Council for Motherhood and Childhood to review the achievements of its programmes and initiatives over the past 20 years. ...

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IATA reports global passenger demand up 16.6 percent in January

GENEVA / WAM The International Air Transport Association (IATA) released data for January 2024 global passenger demand indicating a strong start for the year. Total demand, measured in revenue passenger kilometres (RPKs), increased by 16.6 percent. Total capacity, measured in available seat kilometres (ASK), increased by 14.1 percent. The load factor was 79.9 percent, which is an increase of 1.7 ...

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Airbus forecasts Middle East’s commercial aircraft services market value to double to $28bn by 2042

ABU DHABI / WAM The Middle East’s commercial aircraft services market will more than double in value by 2042, according to Airbus’ latest Global Services Forecast (GSF). Growing to $28 billion from $12 billion, and registering a 4.4 percent average annual growth, the regional expansion will surpass the global average growth of 3.6 percent. Today, five of the world’s largest ...

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Etihad Airways revenue hits AED20.3 billion in 2023

ABU DHABI / WAM Etihad Airways announced its financial results for the full year 2023, reporting total revenue of AED20.3 billion ($5.5 billion) for the year ended on December 31, 2023. The company’s total revenue was AED18.3 billion ($5.0 billion) in 2022. The airline recorded AED1.4 billion ($394 million) operating result, driven by AED4 billion ($1.1 billion) year-on-year growth in ...

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