Abu Dhabi Securities Exchange appoints Emirates NBD Capital as custodian

• Emirates NBD Capital obtained its custody licence from the UAE Securities and Commodities Authority.
• The firm provides safe and secure solutions for investors to hold securities, such as stocks, bonds or other assets.

Ramadan contributes to revitalizing economic growth

• Ramadan contributes to revitalizing economic growth, as many investment and industrial firms make huge profits from the increased demand, says a Qatar University's professor
• Consumer behavior is hit by cultural factors, customs, marketing campaigns, ad, and competitions of merchants and suppliers, which can imbalance supply and demand, he adds

Unity key for ‘transformational progress’ at COP28

• There is a need for accelerated pathways to net zero and critical finance across all pillars, says COP28 President-Designate Dr Sultan bin Ahmed Al Jaber
• He also reminds climate ministers of various countries about the approaching Global Stocktake at COP28 and calls for action to keep 1.5C within reach

UAE’s Rashid Rover completes lunar orbit insertion

• The first Emirati rover to land on the moon is now on its way to completing the third milestone, the Arrival Phase, which will be the most intense part of the mission
• The ambitious mission aims to study the surface of the moon and is funded by the ICT Fund of the Telecommunications and Digital Government Regulatory Authority

Equestrianism is an integral part of UAE’s heritage

• Horse racing is not just sports that is encouraged and celebrated, but an authentic component of the heritage of the UAE and the Arab region, says minister
• This year's conference was being held under the theme "A touch of loyalty and gratitude .. Sheikh Hamdan bin Rashid: 50 years of giving to equestrianism"

Sustainable industries key driver of RAK economy

• Ras Al Khaimah's economic flexibility has enabled it to adopt sustainable plans that will enhance its competitiveness, says its ruler Sheikh Saud bin Saqr Al Qasimi
• He emphasizes the importance of promoting the culture of sustainability in all sectors, calls sustainable industrial sector a crucial driver of the national economy

Unity crucial for Arabs on global media platforms

• Saudi Arabia calls for a unified Arab position on international media platforms to address the dissemination of content that lacks respect for Arab societies' values
• Saudi Media Minister Al-Dosary emphasizes the significance of media in promoting cooperation, dialogue, tolerance, and respect for diverse values and cultures

Saudi Arabia aims to diversify, double its economy

• The Kingdom has made significant progress in implementing its ambitious Saudi Vision 2030, says Investment Minister Khalid Al-Falih
• He urges the international community to take advantage of the opportunities available in the Kingdom and promote global cooperation

Qatar stays committed to support SMEs, innovations

• The Qatari economy maintained positive growth rates during 2022, recording over 4 percent growth during the second and third quarters, says the country's finance minister
• Speaking at the third edition of the SME Excellence Awards 2022, Ali bin Ahmed Al Kuwari also points out that SMEs are an important component of the Qatari private sector

WEF23 continues to impact global policies, events