Rio de janeiro: China will launch the “Digital South” initiative under the framework of the Global Development Initiative (GDI), offering 200 training programmes in artificial intelligence (AI) and the digital economy to Global South countries over the next five years, Premier Li Qiang announced during the 17th BRICS Summit. According to Emirates News Agency, speaking during plenary sessions held on Sunday and Monday in Rio de Janeiro, Premier Li highlighted key topics including strengthening multilateralism, AI, environmental and climate change, and global health. Leaders of BRICS member states, partner countries, guest nations, and representatives of international organisations attended the meetings.

Dubai: Nasdaq Dubai welcomed the landmark listing of dual-currency bonds issued by China Development Bank (CDB), reinforcing Dubai’s status as a strategic international hub for fixed income issuances and cross-border investments. The bonds, admitted to Nasdaq Dubai’s market and listed on the official securities list maintained by the Dubai Financial Services Authority (DFSA), include a USD 500 million three-year floating-rate tranche priced at SOFR +30 basis points and a EUR 500 million three-year fixed-rate tranche with a coupon of 2.25%. Both tranches have received an A1 rating from Moody’s, indicating strong credit quality. According to Emirates News Agency, the issuance

Abu dhabi: Air Arabia Abu Dhabi, the capital’s first low-cost carrier, today announced the launch of a new service connecting Zayed International Airport and Sialkot International Airport in Pakistan. Starting July 17, the new route will operate three times a week, offering passengers a direct and affordable travel option between Abu Dhabi and Sialkot, expanding the carrier’s growing network in Pakistan beyond its existing flights to Faisalabad and Multan. According to Emirates News Agency, the new service is set to enhance connectivity and cater to the increasing demand from business travelers and the large expatriate community between the two regions.

Ain sokhna: DP World has handled the largest-ever specialist vessel carrying slag cargo at Ain Sokhna Port, marking another milestone in its bulk cargo operations. This achievement signifies a significant development in the port’s capacity to manage large-scale shipments and reflects the progress in Egypt’s trade infrastructure. According to Emirates News Agency, this call at Ain Sokhna Port follows a series of recent handling achievements by DP World Egypt. These include the docking of an LNG vessel, a record iron ore delivery, and the arrival of a major cruise ship, all of which highlight the broad economic impact of the

Abu dhabi: Scientists from the Krasnoyarsk Science Centre of the Russian Academy of Sciences, working with colleagues from Mongolia and China, have developed a coal processing method that offers a cleaner, more efficient alternative to traditional use, according to TV BRICS. The technology converts up to 97.5% of coal into polyaromatic hydrocarbons and resins-valuable raw materials for high-tech carbon products-while generating minimal waste and much lower levels of the carcinogen benzo[a]pyrene. This is reported by the official website of the Russian Academy of Sciences. According to Emirates News Agency, the international research team believes the technology could provide a sustainable

Dubai: H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority (Dubai Culture), witnessed the signing of a memorandum of understanding (MoU) between Dubai Culture and Dubai Health. According to Emirates News Agency, the MoU seeks to enhance strategic collaboration and expand the scope of joint initiatives between the two entities. It reflects a shared commitment to enriching Dubai’s cultural landscape, supporting its healthcare ecosystem, and deepening society’s appreciation for the arts. The partnership aligns with the emirate’s Quality of Life Strategy and underscores the role of creativity in shaping a more vibrant,

Sharjah: The Project Financing Committee of the Sharjah Foundation for Supporting Entrepreneurial Projects (RUWAD) has approved financing for four new projects, totaling AED 1,550,000, during its 35th meeting. The meeting was chaired by Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department. According to Emirates News Agency, the committee has decided to directly fund two of these projects through the RUWAD programme. One project is a commercial venture in the Al Saja’a area, receiving AED 200,000, while the other is a vocational initiative in Dibba Al Hisn, also receiving AED 200,000. Additionally, an extra AED 450,000 was

Abu dhabi: The Abu Dhabi Accountability Authority (ADAA), alongside the UAE Accountability Authority and the Department of Government Enablement – Abu Dhabi, successfully organized the second edition of the Community of Practice (CoP) for internal auditors within entities subject to ADAA’s mandate. According to Emirates News Agency, this strategic initiative underscores the persistent efforts by accountability authorities across the UAE to elevate the standards and efficacy of internal audit practices. It aims to foster transparency, integrity, and accountability while enhancing governance within both local and federal government bodies. The event saw participation from over 300 individuals, including heads and senior