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UAE leaders condole with Russian President on victims of terrorist attack

ABU DHABI: President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to President Vladimir Putin of the Russian Federation on the victims of the terrorist attacks in Dagestan, wishing the injured a speedy recovery.

H…

UAE leaders congratulate President of Slovenia on National Day

ABU DHABI: President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Nataša Pirc Musar of Slovenia on the occasion of her country’s National Day.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, V…

Korea’s overseas financial assets grow sharply in 2023

– The Republic of Korea’s overseas financial assets grew sharply in 2023 thanks largely to a jump in investment in US stocks, Yonhap News Agency reported, citing central bank data on Tuesday.

The nation’s external financial assets came to US$1.911 tr…

Abu Dhabi to launch region’s first Family Business Index

ABU DHABI: The Abu Dhabi Department of Economic Development (ADDED) and the United Arab Emirates University (UAEU) have signed a Memorandum of Understanding launching the Abu Dhabi Family Business Index, the first of its kind in the region.

The two p…

Kuwait oil price went down 26 cents to $86.88

KUWAIT: – The price of Kuwaiti oil went down by 26 cents to US$86.88 per barrel on Monday in comparison to US$87.14 pb last Friday, reported state news agency (KUNA), citing the Kuwait Petroleum Corporation (KPC) on Tuesday.

At the global level, the …

Korea, Japan vow to take apt action against currency volatility

Top economic policymakers of the Republic of Korea and Japan agreed on Tuesday to take “appropriate actions” to curb excessive volatility of their currencies and enhance bilateral and multilateral cooperation on broader economic, financial and social …

CBUAE issues Sandbox Conditions Regulation to foster innovation in financial services sector

ABU DHABI: The Central Bank of the UAE (CBUAE) has issued the Sandbox Conditions Regulation, which aims to attract start-ups and global fintech businesses and create an attractive environment for the financial sector that supports creativity and innov…

ADFD chairs annual meeting of Arab Coordination Group in Vienna

ABU DHABI: Mohammed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development (ADFD), chaired the 19th annual meeting of the heads of institutions of the Arab Coordination Group, held in Vienna, Austria, under the theme ‘Partnerships for a B…

CEOs Advisory Council of UAE Banks Federation reviews plans, initiatives

ABU DHABI: The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held its second regular meeting of 2024 under the chairmanship of Abdulaziz Al-Ghurair, Chairman of the Board of Directors …

MoF issues Public-Private Partnership Manual, defines priority sectors for first phase

ABU DHABI: The UAE Ministry of Finance today announced the UAE Cabinet’s approval of the Public-Private Partnership Manual.

The manual aims to develop a policy and procedural framework to enable federal government entities to implement their developm…

Etihad unveils 20th anniversary livery

ABU DHABI: Etihad’s newest bespoke livery has been revealed. The design’s line-style art celebrates the intricate beauty of unity, with each stroke embodying the essence of the airline’s home. It reflects the rich history that the national airline of …

Africa50 joins IRENA’s ETAF platform, pledges $100 million to accelerate renewable energy deployment in Africa

VIENNA: The International Renewable Energy Agency (IRENA) has entered into a landmark collaborative partnership with Africa50, the pan-African infrastructure investor and asset management group.

As part of the agreement, Africa50 has pledged up to US…

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