Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

UAE calls for joint international effort to achieve zero poverty

The UAE has focused on improving education, promoting economic growth, creating jobs, developing local labor markets.
  • Al Shamsi made the remarks in a statement issued today to mark the International Day for the Eradication of Poverty
  • At the international level, the UAE is a key contributor to many global humanitarian initiatives focused on eradicating poverty

The UAE maintains a firm belief that the international community must work together to honor shared commitments towards achieving zero poverty, said Sultan Mohammed Al Shamsi, Assistant Minister of Foreign Affairs and International Cooperation for International Development Affairs.

Al Shamsi made the remarks in a statement issued today to mark the International Day for the Eradication of Poverty.

As part of the UN Sustainable Development Goals’ aim of “ending poverty everywhere,” the UAE has dedicated significant effort in recent years to assist those in need in meeting their basic needs, such as health, education, nutrition and access to water and sanitation. The International Day for the Eradication of Poverty on October 17 presents an opportunity to further mobilize international action in putting an end to the needless suffering that accompanies extreme poverty.

Extending from its humanitarian approach to improve the quality of life of communities worldwide, the UAE works tirelessly with its international partners including states and international organizations to extend assistance to the more than 1 billion people who live under the poverty level. Recognizing the link between the eradication of poverty and the improvement of security, stability, and prosperity, the UAE maintains the firm belief that the international community must work together to honor shared commitments towards achieving zero poverty.

At the international level, the UAE is a key contributor to many global humanitarian initiatives focused on eradicating poverty.

To achieve the End Poverty Goal of the UN Sustainable Development Goals, the UAE has focused on improving education, promoting economic growth, creating jobs, developing local labor markets, and encouraging entrepreneurship particularly among youth and women in partner countries. By championing innovative approaches tailored to local conditions, the UAE and its partners strive to end poverty in a sustainable manner.

Ultimately, it is only through cooperation between members of the international community that the UAE believes poverty can be eliminated, thereby enabling those in need to live healthy, productive, and quality lives.