Author: Editorial team
ABU DHABI, 10th April, 2026 (WAM) — The UAE has announced that it will host the 2029 Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) in Abu Dhabi, in yet another vote of international confidence in the country’s economy. The move will further reinforce the UAE’s position as a global financial hub as well as a key partner in supporting the stability of the international economic system and shaping its future direction. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai said: “In a global vote that reflects…
At a time when airspace security has become one of the defining tests of national strength, the career of Major General (Pilot) Khalid Abdullah Al Bu Ainin Al Mazrouei stands out as closely intertwined with the rise of the UAE’s air power. A former Commander of the UAE Air Force and Air Defence, Al Bu Ainin is widely regarded as one of the key figures behind major milestones in the force’s development. Over a career spanning 33 years, he helped drive a transformation that was not only about acquiring advanced aircraft and defence systems, but also about building the human…
AL ARISH, 10th April, 2026 (WAM) — The United Arab Emirates continues its humanitarian efforts to support the people in the Gaza Strip, with the arrival of a new aid aircraft in the Egyptian city of Al Arish carrying 100 tonnes of urgent relief supplies, as part of the “Humaid Air Bridge.” This comes as part of its ongoing support to alleviate the humanitarian suffering faced by the residents of the Strip. The shipment included quantities of essential food supplies, helping to meet the basic needs of affected families amid the current humanitarian conditions. The UAE humanitarian aid team in…
The UAE Public Prosecution has launched an investigation into a cross-emirate fraud network accused of targeting residents through fake SMS messages. The scam, which offered to settle minor traffic fines for passing toll gates without paying, led to victims losing large sums from their bank accounts. According to case details, the fraudulent scheme involved sending text messages containing links claiming discounted payments for traffic violations—often as low as Dh4. Victims who clicked on the link and entered their bank card details later discovered that large amounts had been withdrawn from their accounts without authorisation. Prosecutors said a specialised anti-fraud team…
DUBAI, 10th April, 2026 (WAM) — Dubai Chambers recently held discussions with Judha Nugraha, Ambassador of the Republic of Indonesia to the UAE, on opportunities to strengthen bilateral economic partnerships across a range of priority sectors in support of continued growth in relations between the two markets. The meeting, which was attended by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, explored ways to enhance trade and investment cooperation between the business communities in Dubai and Indonesia. Discussions also focused on expanding collaboration to advance shared interests and unlock new avenues for mutual growth. The participants reviewed opportunities…
ABU DHABI, 10th April, 2026 (WAM) — The Abu Dhabi Securities Exchange (ADX) Group and its listed companies are heading to Hong Kong for its annual Global Investor Outreach from 14th to 16th April. This roadshow will be held on the sidelines of the HSBC Global Investment Summit 2026. Hong Kong will be the ADX’s first international stop for 2026, connecting international capital with the high-growth opportunities emerging from the UAE’s capital. This mission reinforces the long-standing, mutually respectful relationship between Abu Dhabi and Hong Kong—two of the world’s most sophisticated financial hubs. Both markets have shared a commitment to…
ABU DHABI, 10th April, 2026 (WAM) — The selection of the United Arab Emirates to host the 2029 Annual Meetings of the World Bank Group and the International Monetary Fund in Abu Dhabi reflects strong international confidence in the UAE’s economy and reinforces its position as a trusted partner in the global financial system and a leading financial centre shaping future economic dialogue. H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, said: “The UAE’s successful bid to host the 2029 Annual Meetings of the World Bank Group and the International Monetary Fund reflects…
Emirati citizens have warmly welcomed the UAE’s decision to extend the Nafis programme to 2040, describing it as a transformative step toward long-term career stability and professional advancement in the private sector. Announced by Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, the extension reinforces national efforts to empower Emiratis through financial incentives, professional development opportunities, and enhanced job security. Many citizens believe the move will further encourage nationals to pursue private sector careers while reducing reliance on government employment. For Manar Al Marzouqi, a Dubai resident who works as…
ABU DHABI, 10th April, 2026 (WAM) — Abu Dhabi Turf concludes its 2025/2026 horse racing season tomorrow, Saturday, 11th April, with the final evening of eight races for Arabian and Thoroughbred horses. The events include the third and final round of the Arabian Triple Crown for four-year-old Purebred Arabian horses (Group 3), in the seventh race over a distance of 2,200 meters, with a prize purse of AED 300,000. Source: Emirates News Agency
ABU DHABI, 10th April, 2026 (WAM) — UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, reaffirmed that the UAE selection to host World Bank Group and International Monetary Fund (IMF) Annual Meetings for 2029 in the UAE reinforces the country’s position as a global financial and economic hub, and its vital role in supporting efforts and initiatives for comprehensive and sustainable development and financial stability at the international level. AbdulAziz Al-Ghurair, Chairman of UBF, said: “The selection of the UAE to host this global event affirms the international community’s confidence in UAE’s position and its…