News

The second UAE aid ship carrying 4,544 tonnes of humanitarian supplies set sail today for the city of Al Arish, Egypt, destined for the Gaza Strip. The shipment is part of the ‘Gallant Knight 3’ humanitarian operation ordered by President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to support …

The National Guard Command, represented by the National Search and Rescue Centre and the UAE Coast Guard Division/Third Squadron, in coordination with the Air Wing Department of the Ministry of Interior, carried out a search and rescue mission for two people in their thirties of Asian nationality who were missing …

On 21st December 2020, the United Nations General Assembly adopted a resolution designating 4th February as the International Day of Human Fraternity, to be commemorated annually starting in 2021. Co-facilitated by the UAE, Saudi Arabia, Bahrain and Egypt, the resolution acknowledges initiatives fostering interreligious and intercultural dialogue, and encourages all …

In implementation of the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H. H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, announced that the UAE has allocated $5 million to support the efforts of Sigrid Kaag, the United Nations Senior Humanitarian and Reconstruction Coordinator …

The Ministry of Investment of the UAE and the Ministry of Digital Governance of the Hellenic Republic have signed a Memorandum of Understanding (MoU) to create a framework for investments in digital infrastructure with a focus on data centre projects in Greece. The agreement was signed by Mohamed Hassan Alsuwaidi, …

Gold prices were poised for their biggest weekly gain in seven on Friday as the dollar and Treasury yields retreated, Reuters reported. Spot gold was steady at $2,053.89 per ounce by 0335 GMT. Bullion has climbed 1.8% this week, set for its best weekly gain since late December. US gold …

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has congratulated Stéphane Séjourné, on his appointment as the Minister for Europe and Foreign Affairs in France. During a phone call, the two ministers discussed the strategic partnership between the United Arab Emirates and France and ways to enhance …

The Abu Dhabi Equestrian Club will host the 31st edition of the UAE President’s Cup for Purebred Arabian Horses on Saturday, 17th February. The championship will be held over a distance of 2.2 kilometres, with the support of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime …

SP Global‘s ‘GCC Banking Sector Outlook 2024’ reveals a challenging yet optimistic perspective. Despite geopolitical uncertainties and potential economic headwinds, SP expects GCC banks to maintain their well-capitalised, profitable, and liquid status. SP Global anticipates overall stability in key metrics for GCC banks in 2024. Credit growth and profitability are …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today reiterated that the UAE government’s core purpose is to raise the quality of life of the country’s people. He emphasised the importance of government entities evolving their services and adopting highly efficient business …