Search Site

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

UAE and Canada review bilateral ties at first joint-committee meeting

The first UAE-Canada Joint Committee meeting in Abu Dhabi. (WAM)
  • Both sides highlighted the importance of the inaugural joint committee meeting for ramping up collaboration between the two countries to achieve shared goals
  • The two sides discussed cooperation across a range of fields, including defense and security, climate change, food security, trade and investment, innovation, and education

Abu Dhabi, UAE— The UAE and Canada have reviewed bilateral ties at the first joint committee meeting in Abu Dhabi on Monday.

The meeting was co-chaired by Reem Al Hashimy, UAE’s Minister of State for International Cooperation, and Mélanie Joly, the Minister of Foreign Affairs of Canada.

During the meeting, both sides reviewed bilateral relations between the UAE and Canada, and underscored the importance of the inaugural Joint Committee meeting for fostering enhanced collaboration between the two countries to achieve shared goals and interests.

Al Hashimy said: “The Joint Committee serves as a testament to the growing bilateral ties between the UAE and Canada, which have continued to flourish, notably in the economic field. These strengthened relations reflect the shared commitment of both nations to foster cooperation, mutual prosperity, and an enduring partnership that also encompasses cultural, diplomatic, and people-to-people ties.”

For her part, Joly praised the convening of the first Joint Committee meeting and highlighted the keenness of both sides to further advance bilateral relations at all levels.

Joly stated: “The Canada-UAE Joint Committee meeting comes at a critical time in our relationship. From working on initiatives and engaging on issues related to sustainable peace in the Middle East, to climate change and strengthening our trade ties, Canada looks forward to continue collaborating and deepening its multifaceted cooperation with the UAE.”

The Joint Committee meeting was attended by senior officials representing UAE and Canadian Ministries and entities, with bilateral discussions focused on cooperation across a multitude of fields, including defense and security, climate change, food security, trade and investment, innovation, and education.

At the conclusion of the meeting, the co-chairs signed a joint statement and agreed to hold the second round of the Joint Committee in Canada.