Dubai, United Arab Emirates Building on the successful launch of its suite of AI-powered tools, Virtuzone further...
Economy
- Canada and ADB launch $255 mn new fund to support private sector climate action, nature-based solutions 17 June، 2024MANILA,17th June, 2024 (WAM) – The Government of Canada and the Asian Development Bank (ADB) announced a partnership to create a new Can$360 million trust fund (about $255 million). The Canadian Climate and Nature Fund for Private Sector in Asia (CANPA) will support private-sector projects in Asia and the Pacific focused on climate and nature-based […]
- Meeting Africa’s rising energy needs requires annual investment to more than double to over $240 billion by 2030: IEA 17 June، 2024PARIS, 17th June, 2024 (WAM) – Meeting growing energy demand in Africa requires a surge of spending on clean energy projects, with swift action to tackle financial barriers, so investment can reach the levels that are needed, according to a new report from the International Energy Agency (IEA).The report, Clean Energy Investment for Development in […]
- European Council gives final green light to nature restoration law 17 June، 2024BRUSSELS, 17th June, 2024 (WAM) – The Council of EU today formally adopted the – first of its kind – regulation on nature restoration. This law aims to put measures in place to restore at least 20% of the EU’s land and sea areas by 2030, and all ecosystems in need of restoration by 2050.It […]
- Three new IPOs added AED21.3 billion to UAE's stock market capitalisation in 2024 17 June، 2024ABU DHABI, 17th June, 2024 (WAM) -- The local stock markets attracted a new market capitalisation of nearly AED21.3 billion, thanks to three new initial public offerings witnessed since the beginning of this year, in line with market plans to double its market value to around AED6 trillion in the coming years.The initial public offerings […]
- Italian exports up 10.7% in April 17 June، 2024ROME, 17th June, 2024 (WAM) – The Italian National Institute of Statistics (Istat) said that Italian exports were up by 10.7 percent in April with respect to the same month last year, while imports rose by 1.4 percent.Italian News Agency (ANSA) quoted the national statistics agency stating the year-on-year growth regarded "almost all the main […]
- China's industrial output up 5.6 pct in May 17 June، 2024BEIJING, 17th June, 2024 (WAM) -- China's value-added industrial output, an important economic indicator, went up 5.6 percent year-on-year (YoY) in May, data from the National Bureau of Statistics showed Monday, Xinhua news agency reported.The official data said the equipment and high-tech manufacturing sectors in particular posted strong growth last month, with their output up […]
- AED13.8 billion in new savings deposits in banking sector during Q1-24 16 June، 2024ABU DHABI, 16th June, 2024 (WAM) -- Savings deposits in the UAE's banking sector, excluding interbank deposits, attracted about AED13.8 billion during the first quarter of this year, according to the latest statistics from the Central Bank of the UAE (CBUAE).The apex bank's statistics showed that savings deposits in the banking sector reached AED286.67 billion […]
- COP28 President welcomes G7 Apulia Leaders’ Communiqué support of commitments made in UAE Consensus 15 June، 2024ABU DHABI, 15th June, 2024 (WAM) -- Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, welcomed the G7 Apulia Leaders’ Communiqué, which he said “supports the commitments made in the historic UAE Consensus to keep 1.5°C within reach, while driving inclusive, sustainable socio-economic development for all”. Dr. Al […]
- Federal regulators align to champion AGWA 15 June، 2024ABU DHABI, 15th June, 2024 (WAM) -- The Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi Investment Office (ADIO) announced a key agreement with the Federal Government of the United Arab Emirates to streamline regulatory approvals for the food and water industry, advancing AGWA (AgriFood Growth and Water Abundance), Abu Dhabi’s newly […]
- AGWA, Believer Meats to develop cultivated meat capabilities in Abu Dhabi 15 June، 2024ABU DHABI, 15th June, 2024 (WAM) -- AGWA (AgriFood Growth & Water Abundance), Abu Dhabi’s new food and water cluster, and Believer Meats, a global leader in the cultivated meat industry, announced their collaboration to develop capabilities in cultivated meat, including an opportunity for the company to establish a presence in Abu Dhabi, aiming to […]
Sport
- WAM launches 2nd Global Media Congress White Paper in Nairobi, calling for decisive leadership in media industry 1 March، 2024NAIROBI, 1st March, 2024 (WAM) -- The Emirates News Agency (WAM), strategic partner of the Global Media Congress (GMC), today launched the event's annual White Paper on the trends, challenges and opportunities of the global media industry at an exclusive event in Nairobi, Kenya.The launch event convened media leaders, government officials, academics, influencers and other […]
- WAM delegation explores enhancing media cooperation in Turkmenistan 26 January، 2024ASHGABAT, 26th January, 2024 (WAM) – A delegation from the Emirates News Agency (WAM) led by Mohamed Jalal Alrayssi, Director-General of WAM, explored cooperation prospects with media institutions in Turkmenistan. The discussions focused on enhancing news exchange to serve the common interests of both countries.During their visit to various institutions and meetings with Turkmen officials, […]
- Gulf States’ prosperity defies 'conflict zone' stereotype of Middle East: New Zealand researcher 17 January، 2024By Binsal Abdulkader ABU DHABI, 17th January, 2024 (WAM) -- The prosperity of the UAE and other Gulf States challenges the stereotype of the Middle East as a conflict zone, according to Geoffrey Miller, a New Zealand research scholar, analyst, and writer. “When you visit the UAE, you witness prosperity, success, and stability — a […]
- Historian urges older generation to rethink cynical attitude towards youth 11 January، 2024By Binsal AbdulkaderABU DHABI, 11th January, 2024 (WAM) -- Professor Dilip Menon, a renowned historian, argues that the older generation needs to rethink its dismissive attitude towards young people who are deeply committed to tackling pressing issues such as climate change.Regarding the debate about whether some young people are only interested in entertaining content on […]
- Ignoring news hinders your power to change world: Veteran British journalist 9 January، 2024By Binsal Abdulkader ABU DHABI, 9th January, 2024 (WAM) -- Dismissing the news as irrelevant to their lives, a segment of the younger generation is hindering their ability to change the world, says veteran British journalist Jonathan Clayton.Following the news is crucial for understanding environmental policies, choosing a university, and staying informed about sports, says […]
- Filmmaker finds inspiration in ‘small steps’ taken by viewers to save nature 27 December، 2023By Binsal AbdulkaderABU DHABI, 27th December, 2023 (WAM) -- An Oscar-nominated and Peabody Award-winning filmmaker says she is inspired by “small steps” taken by her viewers to protect the environment for a better tomorrow. “It is not only about achieving the change but trying. As long as you are able to move the needle a […]
- Without urgent mechanism to identify deepfakes, world may face serious consequences: Top editor 28 November، 2023By Binsal AbdulkaderABU DHABI, 28th November, 2023 (WAM) -- If deepfakes, artificial intelligence (AI)-generated fake images, audios and videos, are not identified immediately, the world may experience major problems such as increase in hate crimes and even wars, according to Faisal J. Abbas, the editor-in-chief of Saudi Arabia-based Arab News, a leading English daily in […]
- International media applauds Global Media Congress for shaping industry insights 17 November، 2023ABU DHABI, 17th November, 2023 (WAM) -- International media outlets have lauded the successes of the recently concluded Global Media Congress (GMC), recognising its pivotal role in shaping the future of the media industry.The Congress, which wrapped up yesterday, was commended for crafting crucial visions for the trajectory of media, embracing a forward-looking perspective on […]
- Success of Global Media Congress enhances UAE's position as media industry hub: NTRK Director-General 16 November، 2023ABU DHABI, 16th November, 2023 (WAM) -- The success of the Global Media Congress will contribute to enhancing the UAE's pioneering position as a main hub for the media industry, stated Bolotbek Tillebaev, Director-General of the National Television and Radio Corporation (NTRK) of the Kyrgyz Republic.On the sidelines of the second edition of the Global […]
- Ras Al Khaimah highlights emirates' inspiring story of sustainable growth at GMC 2023 16 November، 2023RAS AL KHAIMAH, 16th November, 2023 (WAM) -- Ras Al Khaimah has successfully showcased to attendees over the three-day Global Media Congress 2023 (GMC) in Abu Dhabi why it is one of the most talked-about destinations in the region to live, work and visit, positioning it as a growing and sustainable business, investment, lifestyle and […]
Latest news
- Canada and ADB launch $255 mn new fund to support private sector climate action, nature-based solutions 17 June، 2024MANILA,17th June, 2024 (WAM) – The Government of Canada and the Asian Development Bank (ADB) announced a partnership to create a new Can$360 million trust fund (about $255 million). The Canadian Climate and Nature Fund for Private Sector in Asia (CANPA) will support private-sector projects in Asia and the Pacific focused on climate and nature-based […]
- Meeting Africa’s rising energy needs requires annual investment to more than double to over $240 billion by 2030: IEA 17 June، 2024PARIS, 17th June, 2024 (WAM) – Meeting growing energy demand in Africa requires a surge of spending on clean energy projects, with swift action to tackle financial barriers, so investment can reach the levels that are needed, according to a new report from the International Energy Agency (IEA).The report, Clean Energy Investment for Development in […]
- European Council gives final green light to nature restoration law 17 June، 2024BRUSSELS, 17th June, 2024 (WAM) – The Council of EU today formally adopted the – first of its kind – regulation on nature restoration. This law aims to put measures in place to restore at least 20% of the EU’s land and sea areas by 2030, and all ecosystems in need of restoration by 2050.It […]
- UAE leaders congratulate President of Iceland on National Day 17 June، 2024ABU DHABI, 17th June, 2024 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Guðni Jóhannesson of Iceland on the occasion of his country's National Day.His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh […]
- Three new IPOs added AED21.3 billion to UAE's stock market capitalisation in 2024 17 June، 2024ABU DHABI, 17th June, 2024 (WAM) -- The local stock markets attracted a new market capitalisation of nearly AED21.3 billion, thanks to three new initial public offerings witnessed since the beginning of this year, in line with market plans to double its market value to around AED6 trillion in the coming years.The initial public offerings […]
- ERC launches sacrificial meat distribution project in Hadramaut 17 June، 2024MUKALLA, 17th June, 2024 (WAM) -- The Emirates Red Crescent (ERC) has launched a project to distribute sacrificial meat in Hadramaut Governorate, Yemen.On the first day of Eid Al Adha, 279 sacrificial meat (livestock sacrifice) were distributed, benefiting 1,116 families, including People of Determination, patients, and the most needy categories in the Mukalla and Ghayl […]
- Italian exports up 10.7% in April 17 June، 2024ROME, 17th June, 2024 (WAM) – The Italian National Institute of Statistics (Istat) said that Italian exports were up by 10.7 percent in April with respect to the same month last year, while imports rose by 1.4 percent.Italian News Agency (ANSA) quoted the national statistics agency stating the year-on-year growth regarded "almost all the main […]
- Train collision kills 5, injures 25 in West Bengal, India 17 June، 2024KOLKATA, 17th June, 2024 (WAM) -- At least five people were killed and around 25 others injured Monday in a collision between a passenger train and a freight train in the Indian state of West Bengal, causing three passenger carriages to derail, according to Indian police.Mamata Banerjee, the Chief Minister of West Bengal, stated that […]
- Fifth Emirates Arabian Horse Global Cup concludes Saturday in Denmark 17 June، 2024COPENHAGEN, 17th June, 2024 (WAM) -- The 5th Emirates Arabian Horse Global Cup (EAHGC) of the 2024 season concluded Saturday in the Danish National Equestrian Centre in Vilhelmsborg.The competition was held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman […]
- Torrential rains prompt evacuations in east China's Fujian 17 June، 2024BEIJING, 17th June, 2024 (WAM) -- Torrential rains have forced the evacuation of 36,000 people in east China's Fujian Province, the provincial flood control office said Sunday.Xinhua news agency reported that days of heavy rains have wreaked havoc in many parts of Fujian, which has declared emergency response to rainstorms.The latest round of rains had […]
Science and technology
- Dubai collaborates with United Nations’ ITU and UNICC to establish global initiative on building & regulating virtual worlds ‘Discovering The CitiVerse’ 14 June، 2024GENEVA, 14th June, 2024 (WAM) -- In a collaborative effort with global reach, Digital Dubai, the International Telecommunications Union (ITU), and the United Nations International Computing Centre (UNICC) today announced the launch of the Global Initiative on Virtual Worlds (GIVW) – Discovering The CitiVerse.The announcement coincides with the celebration of the 1st UN Virtual Worlds […]
- UAE President arrives in Italy to attend G7 session on artificial intelligence and energy 14 June، 2024PUGLIA, Italy, 14th June, 2024 (WAM) -- UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived in Italy today for a working visit to participate in the G7 Summit session on artificial intelligence and energy. His Highness' participation follows an invitation from Her Excellency Giorgia Meloni, Prime Minister of the Italian Republic, whose […]
- UAE AI’s Office, Rittal sign MoU to enhance digital infrastructure and pioneering future 14 June، 2024DUBAI, 14th June, 2024 (WAM) -- The UAE’s Artificial Intelligence, Digital Economy, and Remote Work Applications Office and Rittal FZE (Subsidiary of RITTAL GmbH & Co. KG, Herborn, Germany), a leading global provider of solutions for industrial enclosures, power distribution, climate control, and IT infrastructure, have signed a Memorandum of Understanding (MoU). This partnership aims […]
- Presight, Dell collaborate to accelerate AI, big data adoption in UAE 12 June، 2024ABU DHABI, 12th June, 2024 (WAM) -- Presight, the region’s leading big data analytics company powered by generative artificial intelligence, and Dell Technologies today signed a Memorandum of Understanding (MoU) to develop solutions that help customers in the UAE accelerate their digital transformation objectives. This agreement marks a significant step towards leveraging cutting-edge infrastructure solutions […]
- du to launch hyperscale cloud, sovereign AI services for UAE government 12 June، 2024DUBAI, 12th June, 2024 (WAM) -- du, from Emirates Integrated Telecommunications Company (EITC), today announced it will deploy Oracle Alloy to offer hyperscale cloud and sovereign AI services for the government and public sector entities in the UAE focusing on Dubai and the Northern Emirates.The signing ceremony took place during the AI Retreat in Dubai, […]
- BRICS Solutions Awards competition of best technological practices to be held during Russia's BRICS chairmanship 12 June، 2024MOSCOW, 12th June, 2024 (WAM) -- The Agency for Strategic Initiatives (ASI) in cooperation with the Russian Chamber of Commerce and Industry will organise the BRICS Solutions Awards competition of the best solutions and practices of the BRICS countries in various spheres. According to TV BRICS, the competition will be held with the support of […]
- Google to test anti-theft AI features for Android phones in Brazil 12 June، 2024RIO DE JANEIRO, 12th June, 2024 (WAM) -- Google on Tuesday announced new features which will use artificial intelligence to protect users' data in case an Android smartphone is stolen, according to German Press Agency (dpa).dpa quoted Fabio Coelho, Google's Brazil country director, as saying that Brazil, where about two mobile phones are stolen every […]
- Mohammed Bin Rashid School of Government, Google collaborate to empower Artificial Intelligence SMEs in the Region 11 June، 2024DUBAI, 11th June, 2024 (WAM) – The Mohammed bin Rashid School of Government (MBRSG) has launched a research collaboration with Google’s charitable organisation, Google.org under the Google Digital Futures Project.The collaboration comprises several pillars, the main one being primary fieldwork spearheaded by the school’s Policy Research Department aimed at investigating the opportunities and challenges facing […]
- Polynome Group unveils plans for $100 mn fund to drive UAE's AI startup ecosystem 11 June، 2024DUBAI, 11th June, 2024 (WAM) – Polynome Group, a leading technology company based in the UAE, has announced a $100 million fund for AI startup companies starting from the first quarter of 2025. The aim is to invest in startups in the fields of technology, AI software applications, and robotics, in line with mutual goals […]
- Camb.AI announces launch of world's most capable AI speech emulator 'MARS5' at AI Retreat in Dubai 11 June، 2024DUBAI, 11th June, 2024 (WAM) -- Camb.AI today announced the launch of "MARS5", the world's most capable open-source Artificial Intelligence speech emulator, which excels in performance replication and generates voices and texts in hundreds of languages. The AI speech emulator is well aligned with Dubai’s goals of fostering innovative and unconventional AI research, inspired by […]
Emirates News
- UAE leaders congratulate President of Iceland on National Day 17 June، 2024ABU DHABI, 17th June, 2024 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Guðni Jóhannesson of Iceland on the occasion of his country's National Day.His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh […]
- Three new IPOs added AED21.3 billion to UAE's stock market capitalisation in 2024 17 June، 2024ABU DHABI, 17th June, 2024 (WAM) -- The local stock markets attracted a new market capitalisation of nearly AED21.3 billion, thanks to three new initial public offerings witnessed since the beginning of this year, in line with market plans to double its market value to around AED6 trillion in the coming years.The initial public offerings […]
- ERC launches sacrificial meat distribution project in Hadramaut 17 June، 2024MUKALLA, 17th June, 2024 (WAM) -- The Emirates Red Crescent (ERC) has launched a project to distribute sacrificial meat in Hadramaut Governorate, Yemen.On the first day of Eid Al Adha, 279 sacrificial meat (livestock sacrifice) were distributed, benefiting 1,116 families, including People of Determination, patients, and the most needy categories in the Mukalla and Ghayl […]
- Fifth Emirates Arabian Horse Global Cup concludes Saturday in Denmark 17 June، 2024COPENHAGEN, 17th June, 2024 (WAM) -- The 5th Emirates Arabian Horse Global Cup (EAHGC) of the 2024 season concluded Saturday in the Danish National Equestrian Centre in Vilhelmsborg.The competition was held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman […]
- Plastic waste an imminent threat to ecosystem 17 June، 2024ABU DHABI, 17th June, 2024 (WAM) -- Plastic waste is classified as one of the largest threats to the ecosystem in all its forms, due to its negative impact on soil and agricultural crops, as well as its role in the extinction of millions of terrestrial and marine species, thereby threatening global food security.A recent […]
- Rulers of the Emirates receive Eid well-wishers 16 June، 2024EMIRATES, 16th June, 2024 (WAM) -- Their Highnesses Supreme Council Members and Rulers of the Emirates received well-wishers on the occasion of the first day of Eid Al-Adha.Dr. Sheikh Sultan bin Muhammad Al Qasimi of Sharjah, Sheikh Humaid bin Rashid Al Nuaimi of Ajman, Sheikh Hamad bin Mohammed Al Sharqi of Fujairah, Sheikh Saud bin […]
- NCM forecasts cumulus clouds with rain tomorrow 16 June، 2024ABU DHABI, 16th June, 2024 (WAM)-- The National Centre of Meteorology (NCM) forecasts tomorrow's weather to be generally fair with occasional cloud cover. Low clouds will develop over the East coast by morning, with a possibility of convective clouds forming in the afternoon, particularly towards the East, accompanied by rainfall. The Centre said that winds […]
- UAE and Turkish Presidents exchange Eid Al-Adha greetings 16 June، 2024ABU DHABI,16th June, 2024 (WAM) -- UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Recep Tayyip Erdoğan, President of the Republic of Türkiye, spoke by telephone today to exchange congratulations and best wishes on the occasion of Eid Al-Adha.The two leaders prayed that God continues to bestow His blessings on […]
- AED13.8 billion in new savings deposits in banking sector during Q1-24 16 June، 2024ABU DHABI, 16th June, 2024 (WAM) -- Savings deposits in the UAE's banking sector, excluding interbank deposits, attracted about AED13.8 billion during the first quarter of this year, according to the latest statistics from the Central Bank of the UAE (CBUAE).The apex bank's statistics showed that savings deposits in the banking sector reached AED286.67 billion […]
- UAE President, VPs receive Eid Al-Adha greetings from leaders of Arab, Islamic states 16 June، 2024ABU DHABI, 16th June, 2024 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan received congratulatory messages on the occasion of Eid Al-Adha from Kings, Presidents, and Emirs of Arab and Islamic states.His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and […]
