Category: Business

Dubai: The Marine Agency for Wooden Dhows in Dubai played a pivotal role in facilitating the entry of approximately 11,000 wooden ships so far this year, collectively transporting over 1.3 metric tonnes (MT) of cargo.

The UAE’s ambitious goal of achieving Net Zero emissions by 2050 is testament to its commitment to addressing climate change head-on. A big part of the efforts to achieve this goal is going to be put in by the nation’s SMEs-driven economy, and Sharjah Entrepreneurship Center (Shreaa)’s ongoing participation at COP28 is highlighting just how groundbreaking startups committed to driving sustainability, are paving the way for realising this envisioned future.

The Sharjah Economic Development Department (SEDD) arm, the Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD), and Gracia Group have established a multi-field MoU through a strategic alliance.

Aseela Al Mualla, Director of Fujairah Environment Authority (FEA), met Ahmed Aboutaleb, Mayor of Rotterdam, to discuss ways to enhance joint cooperation and projects on various environmental issues.

H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council, visited SK Telecom on Tuesday morning in Seoul, the capital of the Republic of South Korea.
During his visit, Sheikh Sultan bin Ahmed was detailed about SK Telecom and the fields in which it operates related to communications, technology and information technology. SK Telecom is one of the latest innovative global companies in the field of mobile communications and fifth generation technologies.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, issued Executive Council Resolution No. (95) of 2023 on the Board of Directors of Dubai’s Endowments and Minors’ Trust Foundation.

The Central Bank of the United Arab Emirates (CBUAE), and the Higher Shari’ah Authority, have issued guiding principles on sustainable Islamic finance.

These guidelines aim to incentivise and encourage Islamic financial institutions to bolster sustainability within their practices and processes, aligning with a vision that considers both environmental and social dimensions.

Abu Dhabi Global Market (ADGM), the leading international financial centre of the UAE’s Capital, today announced 14 major financial institutions representing a total (Assets Under Management) AUM of US$452bn have committed to establishing new operations in ADGM.

Elena Sorlini, Managing Director and Interim Chief Executive Officer of Abu Dhabi Airports, anticipated that the airport will welcome over 22 million travellers by the end of 2023, emphasising that the inauguration of Terminal A solidifies the capital's status as a global gateway and a strategic hub for tourism and trade.

Speaking at the inaugural press round-table held at the new Terminal A building at Abu Dhabi International Airport, Sorlini based her end-of-year traveller projections on the solid performance indicators achieved by the airport in recent months.

DP World and the International Renewable Energy Agency (IRENA) have signed a cooperation agreement to accelerate the use of renewable energy and cut emissions from the ports and maritime logistics sector.