UAE President, Qatar Emir call for de-escalation in Gaza
UAE’s President Sheikh Mohamed bin Zayed Al Nahyan and the Emir of Qatar Sheikh Tamim bin Hamad called for an immediate ceasefire in the Gaza Strip to facilitate the delivery […]
UAE’s Agthia Group posts Dhs3.27bn in nine-month revenue
UAE food and beverages group Agthia said its net revenue in the first nine months of 2023 rose by 10.9 per cent to Dhs3.27bn year-on-year (YoY), driven by a robust […]
UAE President receives phone call from US Vice President
President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received a phone call from Kamala Harris, Vice President of the United States, to discuss concerted efforts to enhance the […]
UAE allocates $200m to support low-income countries, reduce poverty
The UAE has said it will offer support to the Poverty Reduction and Growth Trust (PRGT), as part of its efforts to expand concessional financing for low-income countries. Mohamed bin […]
Abu Dhabi launches trials for automated rapid transit project
Abu Dhabi has launched the pilot phase of the Automated Rapid Transit (ART) project on Abu Dhabi Island. The move is part of a broader strategy by the Integrated Transport […]
EDB supports food security with Dhs721m under its five-year strategy
UAE’s Emirates Development Bank (EDB) has approved more than Dhs721m in funding for food security projects since the launch of its new strategy in April 2021. The development lender has […]
DHL to acquire remaining shares in Danzas AEI Emirates
DHL Global Forwarding (DHL) has signed an agreement to acquire the remaining shares in Danzas AEI Emirates from Investment Trading Group. Both entities have been managing the company through a […]
UAE approves 2024-2026 federal budget of Dhs192bn
The UAE has approved the federal budget for 2024-2026 worth Dhs192bn ($52.3bn), according to the state-run news agency, WAM. The federal budget estimates expenditures of Dhs64.1bn in 2024, up 1.6 per […]
Dubai’s DP World invested $6bn to become supply chain giant
DP World invested more than $6bn to evolve into a comprehensive supply chain player, as the company capitalised on the slow evolution of the supply chain industry to invest in […]
UAE’s ADNOC awards multibillion gas expansion contracts
UAE’s ADNOC Group has awarded contracts worth $16.9bn to develop an offshore natural gas field that will operate with net zero carbon dioxide emissions. The two engineering, procurement and construction […]
