UAE launches national strategy to combat money laundering, terror financing
The strategy focuses on risk-based compliance, international cooperation, effective supervision, and disrupting illicit financial activities through improved data collection, analysis, and regulation updates.
AD Gaming partners with AA Meta
They will develop Abu Dhabi’s Web3 Blockchain Gaming ecosystem.DoH, GSC ink MoU to achieve Abu Dhabi’s healthcare sustainability goals
ABU DHABI, UAE - Building on its ongoing efforts to improve the healthcare ecosystem from all aspects, the Department of Health – Abu Dhabi (DoH) signed a strategic Memorandum of Understanding (MoU) with the Geneva Sustainability Center (GSC).The GSC is an organization powered by the International Hospital Federation (IHF) focused...ADNOC Distribution to go for 25 percent cut in carbon intensity by 2030
ABU DHABI, UAE - ADNOC Distribution on Friday announced plans to reduce its carbon intensity by 25 percent by 2030.This will be implemented by putting sustainability at the core of its day-to-day operations to future-proof its business and deliver sustainable long-term shareholder value.Central to ADNOC Distribution's enhanced sustainability drive is...TAQA acquires stake in Taweelah
TAQA took up the operation and maintenance of the plant.Abu Dhabi to host UNCTAD’s World Investment Forum in October
Taking place under the theme "Investing in Sustainable Development", the forum will bring together government leaders, global CEOs and other investment stakeholders.DEWA showcases its sustainability projects to French, Cuban delegations
DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer received a high-level delegation from the EDF Group (Électricité de France) headed by Luc Remont, CEO and Chairman of the Board of Directors.Al Tayer also received a delegation from Cuba headed by Dr....TAZIZ, PROMAN sign pact
They will build UAE’s first world-scale methanol production facility.MoIAT, Ras Al Khaimah Economic Zone ink pact to promote industrial growth in UAE
ABU DHABI, UAE - The UAE Ministry of Industry and Advanced Technology (MoIAT) and Ras Al Khaimah Economic Zone (RAKEZ) Thursday signed a Memorandum of Understanding (MoU) with the aim of enhancing the UAE’s appeal as an investment destination.Omar Suwaina Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced...Masdar City, ADGM ink pact to strengthen foreign investment in Abu Dhabi
ABU DHABI, UAE - Masdar City and the Abu Dhabi Global Market (ADGM) Thursday signed a Memorandum of Understanding (MoU) to strengthen foreign investment in Abu Dhabi and support innovation that enhances the UAE’s economic competitiveness.The agreement was signed by Ahmed Baghoum, the acting CEO of Masdar City, and Hamad...ADNOC, TAQA mobility JV
They will build and operate electric vehicle infrastructure in Abu Dhabi.TA’ZIZ signs ammonia agreement
The pact was signed with Fertiglobe, GS Energy and Mitsui & Co.Abu Dhabi Department of Energy, Statistics Center sign data collaboration pact
ABU DHABI, UAE - Statistics Center – Abu Dhabi (SCAD) and the Abu Dhabi Department of Energy (DoE) have signed a service-level agreement that allows collaboration between the two parties in the field of statistical integration.This is a part of a strategy to develop an advanced statistical ecosystem which provides...Innovation plays key role in tackling climate change
“The COP28 UAE is focused on delivering concrete and pragmatic solutions to ensure 1.5°C remains alive and within reach. This will require a global effort to slash emissions by 43 percent globally by 2030,” she said while heading the UAE delegation to the 13th session of the IRENA in Abu...15 top panels to discuss defense advancements in IDEX, NAVDEX 2023
ABU DHABI, UAE - IDEX and NAVDEX 2023 exhibitions, to be held from February 20-23 in Abu Dhabi, will host over 15 high-level panels.ADNEC Group is organizing the 16th edition of the International Defense Exhibition & Conference (IDEX 2023), and the seventh edition of the Naval Defense & Maritime Security...Two UAE cities among best expat destinations
Expat Essentials Index ranks cities on the basis of quality of life, ease of settling in, working abroad, personal finance and digital life among other criteria.UAE energy minister, Romanian counterpart discuss cooperation
ABU DHABI, UAE - UAE Minister of Energy and Infrastructure and Romanian Minister of Energy discussed ways to enhance cooperation in the energy and climate action fields between the two countries.UAE minister Suhail bin Mohammed Al Mazrouei received Romanian Minister Virgil-Daniel Popescu at the Energy Ministry's headquarters in Abu Dhabi...Masdar inks pact with 4 Dutch firms for exporting green hydrogen from Abu Dhabi
ABU DHABI, UAE - Masdar signed an agreement with four Dutch companies to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets.Masdar, , one of the world’s leading clean energy companies, inked an agreement with Port of Amsterdam, SkyNRG,...UAE, UK sign agreement to cooperate in the energy sector
ABU DHABI, UAE - UAE Ministry of Energy and Infrastructure signed a Memorandum of Understanding (MoU) with UK Department for Business, Energy & Industrial Strategy.The memorandum aims to exchange information, knowledge, expertise and studies in the field of energy and promote it for the vital role it plays in sustainable...Islamic banks’ assets reach $166bn by October 2022
According to the Apex Bank, Islamic banks' credit climbed by 5.7 percent year-on-year to $108 billion by the end of last October.UAE takes part in financial inclusion meet under India G20 Presidency
ABU DHABI, UAE - The UAE participated in the Global Partnership for Financial Inclusion (GPFI) meeting in the Finance Track of the G20 for 2023 which was held under India’s G20 Presidency.The meeting was held to discuss the GPFI work plan for 2023 and agree on the financial inclusion action...Abu Dhabi deploys drones to plant a million mangrove seeds
Abu Dhabi, UAE--The Environment Agency of Abu Dhabi (EAD) has planted one million mangrove seeds using drones as part of the first phase of a drone mangrove plantation project.The Abu Dhabi Mangrove Initiative was announced in February 2021 during Prince William's visit to the UAE.This initiative, which is implemented by...Foreign assets up 0.41% to $116bn in October 2022
The latest statistics of the Central Bank attributed the monthly increase in foreign assets to the rise in bank balances with banks abroad by 2.2 percent.Israel, Arab allies talk security at Negev Forum in Abu Dhabi
Around 150 representatives from Bahrain, Egypt, Israel, Morocco, the UAE and the United States discussed boosting security cooperation through information sharing as part of the so-called Negev Forum, a gathering born out of recent normalization deals between Arab states and Israel.Masdar inks deal to produce 1GW of clean energy in Kyrgyzstan
ABU DHABI, UAE - Masdar has announced the signing of an agreement with the Ministry of Energy of Kyrgyz Republic to develop a pipeline of renewable projects in the country.The projects, with a total capacity of up to 1 gigawatt (GW), start with a 200-megawatt (MW) solar photovoltaic (PV) plant.The...Abu Dhabi Chamber enhances digital Effortless Certificate of Origin service
ABU DHABI, UAE - Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched the updated version of its Effortless Certificate of Origin service, which aims to enhance customers’ experience and reduces the time taken for acquiring the service.This comes as part of its participation in the Abu Dhabi Program...UAE, Pakistan advancing parliamentary cooperation
A delegation of the UAE Federal National Council's Parliamentary Division, led by Dr. Nidal Mohamed Al-Tunaiji met with Nuzhat Sadiq, Member of the Senate of Pakistan.Aldar, Diamond Developers launch sustainable city project in Abu Dhabi
The project is underpinned by a central green spine that runs the length of the community, featuring parks, lakes, and biodomes.Market cap of Arab bourses hits US$4trn at end of 2022
Abu Dhabi, UAE--The market cap of Arab stock exchanges has vaulted to $4 trillion by the end of 2022, according to the Arab Monetary Fund (AMF).The AMF said in a statement that the market value of the Abu Dhabi Securities Exchange reached $714.6 billion in the reference year, while that...Abu Dhabi Islamic Bank raises its ownership in ADIB Egypt to over 52%
ADIB stated that it had acquired 9.6 million shares from National Investment Bank, in a disclosure to the Abu Dhabi Securities Exchange (ADX) on Thursday,ADJA delivers training program on drafting contracts, legal memos
ABU DHABI, UAE - The Abu Dhabi Judicial Academy (ADJA) has conducted a specialized training program on drafting and writing contracts and legal memoranda.This was done to develop the skills and competencies of practitioners engaged in the legal professions in the public and private sectors.The program also updates them with...Abu Dhabi to host Green Hydrogen Summit in year of climate action for UAE
The summit is being held in partnership with the Hydrogen Council, Atlantic Council, International Renewable Energy Agency and Dii Desert Energy.Abu Dhabi introduces Mobile BSL-3 Laboratory
ABU DHABI, UAE - Abu Dhabi Public Health Center (ADPHC) has introduced the first of its kind mobile BSL-3 (Biosafety level 3) Laboratory in the Emirate.The mobile laboratory will be accessible across four sites in Abu Dhabi, including Sheikh Khalifa Medical City (SKMC), Al Rahba Hospital, Tawam Hospital and Madinat...EAD imposes fines worth US$89,312 over environment violations
ABU DHABI, UAE - The Environment Agency – Abu Dhabi (EAD) has imposed 32 administrative fines, totaling US$89,312 (AED328,000) since last April. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region and Chairman of the Board of Directors of EAD had last April taken the decision regarding...AGFUND, AMF ink MoU to promote economic development in Arab region
The MoU will focus on supporting micro, small and medium-sized agricultural projects, and digital financial transformation.ADJD discusses developments in Evidence Law in civil, commercial transactions
ABU DHABI, UAE - Participants in the second Justice Partners Forum organized by Abu Dhabi Judicial Department (ADJD) discussed the Federal Decree-Law No. 35 of 2022 Promulgating the Law of Evidence in Civil and Commercial Transactions.Held under the title Legislative Developments for a Fair Environment Enhancing Development and Investment, the...Net foreign investments in UAE stocks hit $8bn since start of 2022
The volume of investments is the outcome of the UAE's ongoing efforts to attract foreign investors.Construction industry contributed $186.8bn to Arab GDPs in 2021
The Saudi and UAE construction sectors contributed the most to their countries' GDPs, with around $45.5 billion and $36.8 billion, respectively, AMF report said.CBUAE issues commemorative coins on anniversaries of Abu Dhabi ports
Abu Dhabi, UAE-- The Central Bank of the UAE (CBUAE), in cooperation with Abu Dhabi Ports, issued 1,000 commemorative silver coins on the 50th anniversary of Zayed Port and the 10th anniversary of Khalifa Port.The issuance of these commemorative coins highlights the successes achieved by the ports of Abu Dhabi...UAE Cybersecurity Council warns against cyber attacks during New Year celebrations
The council highlighted the need for all authorities and institutions to activate their cyber defence systems.UAE announces inclusion of Creative Zone in NextGenFDI initiative
ABU DHABI, UAE - The Ministry of Economy has announced that Creative Zone, one of the UAE's largest consulting and business establishment companies, has joined the NextGenFDI initiative.The NextGenFDI program, which was launched in July 2022, aims to attract digitally-advanced companies to the UAE and develop the next generation of...Groundbreaking of integrated 450,000-sqm Metal Park held in KEZAD
Abu Dhabi, UAE-- The ground breaking of a 450,000 sqm integrated Metal Park in Abu Dhabi was attended by senior executives from the Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated trade, logistics, and industrial hub of the emirate.The Metal Park Investment ME's Park will be equipped with...UAE leads GCC with 48% share in realty transactions
In the first nine months of 2022, real estate transactions in the region totaled more than US$143bn, surpassing the full-year US$136.9bn figure during 2021, says Kamco Invest.Abu Dhabi conference brings hospitals up to date with cybersecurity threat
The conference was organised in collaboration with the Cyber Security Council with the participation of 10 biggest healthcare groups of Abu Dhabi.FAB, Magnati, PayRow join hands
The move will help Dubai in becoming a cashless economy.UAE, Canada non-oil trade totals $3bn in first 9 months of 2022
The UAE is the second leading trading partner of Canada in the Gulf Cooperation Council (GCC) and the region in 2021.UAE launches corporate tax public awareness program
ABU DHABI, UAE - UAE's Ministry of Finance (MoF) has launched a Corporate Tax Public Awareness Program following the issuance of the Federal Decree-Law on Taxation of Corporations and Businesses.The launch of the program was announced during a media briefing held Thursday by the ministry to raise public awareness of...UAE foreign minister meets visiting First Lady of Israel
Sheikh Abdullah affirmed the UAE's keenness to strengthen the strategic partnership with Israel and advance bilateral cooperation in various fields.AstraZeneca partners with G42
The two will manufacture 'innovative' drugs in Abu Dhabi.UAE pledges full support to Jordan, condemns assault on its security
Abu Dhabi, UAE - The UAE has affirmed full support and solidarity with Jordan, stressing the importance of ensuring stability and security in the country.The Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed the UAE's support for all measures taken by the Jordanian government.It said UAE condemns these criminal...Arada awards contracts worth US$256m to build 986 homes
Sharjah, UAE-- Arada has awarded two major contracts totalling $256 million to build 986 new homes across two residential districts at Masaar, Sharjah’s woodland megaproject. Valued at $2.17 billion and containing 4,000 homes spread over seven gated districts, Masaar features a nature-inspired master plan containing more than 50,000 trees.The contract...

















































