The Latest Breaking News from WAM

The total value of Abu Dhabi's non-oil foreign trade amounted to about AED124 billion ($33.7 billion) during 1st half of 2022, compared to AED110 billion and 313 million, with a growth rate of 12%, recorded in the same period of 2020, Emirates News Agency (WAM) reported Friday. Exports during the…

The Abu Dhabi Money Laundering and Tax Evasion Court convicted a US citizen, Asim Abdul Rahman Ghafoor, of committing money laundering crimes related to a US-based tax evasion operation. The court ordered the confiscation of funds linked to the crime and Ghafoor's deportation from the United Arab Emirates. The state…

The World Union of Wholesale Markets (WUWM) Conference 2022, which will be held in the Middle East for the first time in October, offers an important opportunity to reshape global food systems, according to organizers and attendees. WUWM Abu Dhabi 2022 will take place on October 19-20 at Abu Dhabi…

The Khalifa Fund for Enterprise Development (KFED) and Kenya’s National Treasury & Planning Ministry have signed a AED 110 million ($30 million) financing agreement to empower the Kenyan Youth Enterprise Development Fund, Emirates News Agency (WAM) reported. Signed in the attendance of President Uhuru Kenyatta of Kenya by Alia Al…

The United Arab Emirates intends to invest $1 billion in Pakistani companies across various sectors, the state news agency (WAM) reported citing an official source in Abu Dhabi. The move aims to explore investment opportunities in the south Asian country, as well as expand the UAE-Pakistan bilateral relations.

The two-day MENA Attractions & Destinations Forum 2022 is scheduled to be held on September 28 in Dubai to explore upcoming cultural and leisure projects, and ways to drive growth for the tourism sector, Emirates News Agency (WAM) reported Saturday. “The interactive forum will host over 300 international and regional…

The United Arab Emirates’ Minister of Foreign Affairs and International Cooperation, Sheikh Abdullah bin Zayed Al Nahyan, held telephone talks on Wednesday with and Iranian Foreign Minister Hossein Amir-Abdollahian. Discussions focused on means of boosting bilateral relations and areas of cooperation for the benefit of both countries, reported the UAE…

The Ministry of Health and Prevention (MoHAP) has announced three new cases of monkeypox, Emirates News Agency (WAM) reported Sunday. The Ministry urged all community members to follow appropriate preventive and safety measures and precautions while travelling and moving in large crowds, WAM said. It also reassured the public that…

UAE Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has issued a decree introducing incentives for property investment funds in Dubai, Emirates News Agency (WAM) has reported. The decree aims to enhance Dubai’s status as a global real estate investment destination and attract global…

United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan met with French President Emmanuel Macron at the Élysée Palace on Monday. They discussed opportunities for collaborating and expanding their longstanding partnership alongside overall developments and approaches to topics of regional and global concern, reported the UAE’s state news agency…

The United Arab Emirates' oil production is near to maximum capacity based on its current OPEC+ production baseline, which is 3.168 million barrels per day, Energy Minister Suhail al-Mazrouei told state news agency WAM on Monday. “In light of recent media reports, I would like to clarify that the UAE…