INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

UAE and Azerbaijan presidents pledge to boost ties

Shaikh Mohamed bin Zayed Al Nahyan, President of the UAE, and Ilham Aliyev, President of Azerbaijan. (BNA)
  • The two countries resolved to ramp up ties in economics, development, renewable energy, environmental protection, culture, education, and other areas
  • The meeting between the two presidents also addressed the upcoming UN Climate Change Conference (COP29) to be hosted by Azerbaijan this year

Baku, Azerbaijan— The UAE and Azerbaijan have discussed ways to enhance cooperation in renewable energy, environmental protection, culture, education, and other areas that contribute to sustainable development.

The discussion on the deepening of ties took place in a meeting between Shaikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, and Ilham Aliyev, President of Azerbaijan, in Baku.

The meeting discussed ways to strengthen cooperation in various sectors, including economics, development, renewable energy, environmental protection, culture, education, and other areas that contribute to sustainable development, WAM reported.

Both sides also exchanged views on a number of regional and international issues of mutual interest.

The meeting also addressed the upcoming UN Climate Change Conference (COP29) hosted by Azerbaijan this year.

Shaikh Mohamed expressed his best wishes for Azerbaijan’s successful hosting of this global event and further progress based on the UAE Consensus announced at COP28 last year.

The UAE Consensus aims to accelerate practical and tangible global climate action and address climate challenges, thereby enhancing sustainable economic and social development for all peoples worldwide.

The two sides exchanged memoranda of understanding and a letter of intent between the two countries. These agreements aim to expand cooperation in various sectors, supporting the two countries’ vision for sustainable development and prosperity.