UAE and Chad Explore Enhanced Financial Sector Cooperation

Dubai: Mohamed bin Hadi Al Hussaini, UAE’s Minister of State for Financial Affairs, recently met with Tahir Hamid Nguilin, Chad’s Minister of Finance, Budget, Economy, Planning and International Cooperation, to discuss strategies for enhancing cooperation in the financial sector. The meeting took place at the Ministry of Finance offices in Dubai and included several senior officials from Chad. According to Emirates News Agency, the meeting was attended by Guibolo Fanga Mathieu, Minister of Trade and Industry; Fatima Goukouni Weddey, Minister of Transport, Civil Aviation, and National Meteorology; Fatime Aldjineh Garfa, Minister Delegate to the Ministry of Foreign Affairs; and Oumar

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Hamdan bin Zayed Reviews Development Projects in Al Sila’

Al sila’: H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region, has reviewed the projects initiated by the Emirates Council for Balanced Development in Al Sila’. He was accompanied by H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs and Chairman of the Emirates Council for Balanced Development. According to Emirates News Agency, H.H. Sheikh Hamdan bin Zayed Al Nahyan expressed approval for the launch of projects in the economic and tourism sectors, aimed at enhancing the services provided to UAE Nationals. He

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ADNOC Gas Secures Three-Year LNG Supply Deal with Germany’s SEFE

Abu dhabi: ADNOC Gas Plc and its subsidiaries have announced a three-year agreement to supply liquefied natural gas (LNG) to Germany’s SEFE Securing Energy for Europe. The contract, valued at approximately $400 million (AED1.5 billion), will deliver 0.7 million tonnes of LNG, with shipments beginning this year. According to Emirates News Agency, the LNG will be sourced from ADNOC Gas’ Das Island liquefaction facility, a significant asset with a production capacity of 6 million tonnes per annum. Since its inception in 1977, the facility has dispatched over 3,500 LNG cargoes globally, cementing ADNOC Gas’ relationships with key international energy partners.

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UAE Special Envoy Strengthens Bilateral Ties with German Officials in Berlin

Berlin: Dr. Sultan Ahmed Al Jaber, the UAE Special Envoy to Germany, concluded a visit to Berlin aimed at reinforcing bilateral relations and exploring cooperation in strategic sectors. Dr. Al Jaber, who also serves as the Minister of Industry and Advanced Technology and Group CEO of ADNOC, engaged in high-level discussions with German government officials and private sector leaders. Accompanying him was Ahmed Al Attar, UAE Ambassador to Germany. According to Emirates News Agency, Dr. Al Jaber met with Dr. Johann David Wadephul, Minister of Foreign Affairs, and Serap Gler, Minister of State at the Federal Foreign Office. They explored

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13 UAE Aid Trucks Arrive in Gaza as Part of Operation Chivalrous Knight 3

Gaza: A new convoy of 13 UAE aid trucks arrived in the Gaza Strip last night, as part of the ongoing Operation Chivalrous Knight 3 conducted by the UAE to support the Palestinian people. According to Emirates News Agency, the trucks carried food supplies designated for community kitchens, equipment to keep bakeries running, and children’s relief kits aimed at reaching the most vulnerable amid the dire humanitarian conditions in the Strip. Through Operation Chivalrous Knight 3, the UAE continues to deliver humanitarian aid to Gaza, reaffirming its unwavering commitment to supporting the Palestinian people and alleviating their suffering in the

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Sanadak Hosts Inaugural Forum with UAE Banks Federation to Enhance Banking Dispute Resolution

Abu dhabi: Sanadak, the Ombudsman Unit for the UAE, convened its inaugural forum with the UAE Banks Federation and licensed financial institutions (LFIs). The forum is part of Sanadak’s efforts to foster sustainable institutional partnership with the banking sector, enhance the banking system by developing mechanisms for settling disputes, and protect consumer rights, promoting principles of fairness and transparency in financial transactions. According to Emirates News Agency, during the meeting, Faiza Al Awadhi, CEO and Managing Director of Sanadak, emphasised the importance of licensed financial institutions adhering to laws and regulations governing the dispute resolution mechanism, developing complaint-handling procedures to

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CBUAE Imposes AED3 Million Sanction on Bank for Non-Compliance

Abu dhabi: The Central Bank of the UAE (CBUAE) imposed a financial sanction on a bank amounting to AED3,000,000. This action was taken in accordance with Article 14 of the Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations and its amendments, as well as Article 137 of the Decretal Federal Law No. (14) of 2018 Regarding the Central Bank and Organisation of Financial Institutions and Activities and its amendments. According to Emirates News Agency, the sanction followed CBUAE examinations which identified the bank’s failure to adhere to

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Dubai Chamber of Commerce Launches New Business Group to Boost Delivery Sector

Dubai: Dubai Chamber of Commerce, a prominent entity under the Dubai Chambers umbrella, has unveiled the Dubai Delivery Business Group to bolster the delivery sector’s growth and establish a unified platform for delivery companies in the emirate. According to Emirates News Agency, the new Business Group is part of the chamber’s initiative to strengthen private sector representation across various industries. Currently, 106 Business Groups operate under the chamber’s umbrella, contributing to a resilient and future-ready economy. The Dubai Delivery Business Group aims to collaborate with government entities and private sector stakeholders to discuss industry trends, overcome challenges, and seize opportunities.

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