Hotels in the Arab country generated AED 45 billion last year, reflecting a 3% year-over-year growth, according to a statement by the Minister of Economy and Chairman of the UAE Tourism Council, Abdulla bin Touq Al Marri.
Author: Emirates News Agency
The emirate reported a gross domestic product of USD 326 billion last year, heavily driven by the non-oil sector. The manufacturing sector was the largest contributor, followed by construction.
The Emirati gas company announced the distribution of USD 3.41 billion in dividends for the 2024 fiscal year. According to the Chairman of the Board, it is the largest payment of its kind on the Abu Dhabi Stock Exchange.
A UAE-based organization laid the foundation for a residential city for underprivileged families in Mauritania. The city will feature a school, a mosque, a health center, and other facilities.
Public agencies will receive projects for the creation and operation of animal feed trade points in ten locations across the emirate from October 3 to November 18. The aim is to provide the product to areas with cattle farms.
Partnership will commit USD 1.5 million over three years to offer fellowships and grants for the fieldwork of early-career conservationists in developing countries.
Leonardo Yamamoto, Executive Director of Mubadala Capital Brazil, argued this week at the FII Priority Summit that decarbonization projects have to be profitable to attract capital. Saudi Arabia-based institute powered the event in Rio de Janeiro.
During the FII Priority, Aloizio Mercadante, President of the Brazilian state development bank BNDES, highlighted Brazil’s green and energy potential, in a bid to attract investments from the Gulf.
The city recorded an increase of 18% in arrivals of tourists in January and February compared to the same period last year, according to the local tourism authority.
WAM presented in Nairobi the White Paper of the 2nd Global Media Congress that took place in Abu Dhabi last November. The paper explores the role of artificial intelligence in newsrooms.
In an interview with Emirates News Agency on the occasion of the WTO ministerial meeting that started on Monday (26) in Abu Dhabi, and referring to multilateral fora, the Minister of Foreign Trade of the United Arab Emirates said he hopes Brazil will play a significant role in agriculture.
Taxi fleet at the emirate’s airports will double to enhance mobility of visitors. The plan is to transform taxis in Dubai into 100% hybrid, electric and hydrogen-powered by 2027.
The United Arab Emirates, the host country of the COP28 that starts on Thursday (30), has initiatives focused on sustainable food production. One of them is the Bustanica farm that can produce some 1,000 tonnes annually.
The Emirati minister of International Cooperation, Reem Al Hashimy, gave an interview to the Emirates News Agency (WAM) about the preparations for COP28 and spoke about how she sees Brazil’s role in the climate issue. “The UAE and Brazil do have a strategic and special relationship that we are committed to growing and deepening further,” she also said.
