Sheikh Mohamed and Ethiopian PM review regional developments

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Abiy Ahmed, Ethiopian Prime Minister, have discussed means to foster cooperation in different sectors for the benefit of the two sides.

Sheikh Mohamed and Ethiopian PM review regional developments

This came in a phone call Sheikh Mohamed received from the Ethiopian Prime Minister, wherein they explored issues of common concern. They also explored the latest regional and international efforts to achieve peace, stability and development, especially in African countries.

Meanwhile, the UAE has welcomed the declaration of a ceasefire in the Tigray region of Ethiopia, stressing that a political solution is the only way to end the conflict in the country.  In a statement, the Ministry of Foreign Affairs and International Cooperation affirmed that this decision is an important step to achieve a political settlement and the aspirations of the Ethiopian people to build a future that meets their aspirations for peace and prosperity. The statement added that a constructive dialogue within the framework of state institutions along with the rule of law and the constitution is the only way to bring lasting peace and stability to the country.

UAE citizens and other nationalities can avail visa free travel to India

UAE citizens and other nationalities requiring visas to visit India can avail themselves of gratis permission to travel to India as part of a COVID-19 recovery stimulus announced by Finance Minister Nirmala Sitharaman. The free visa scheme will remain in force until 31 March 2022. Sitharaman urged foreign tourists to take advantage of the scheme as quickly as possible once India resumes issuance of tourist visas. At present, India is not issuing visas in view of the risk of spreading COVID-19 from any influx of tourists.

UAE citizens and other nationalities can avail visa free travel to India

The announcement of free visas suggests that this is set to change. Visa fee has been waived on the first 500,000 visas to be issued once the process resumes. If the limit of half a million visas is reached before 31st March 2022, payment will have to be made by applicants thereafter. Hence the suggestion to prospective tourists to take advantage of the scheme as quickly as possible.

Sitharaman said the government will forgo one billion Indian rupees in visa fees because of this scheme and other incentives to the tourism sector, which are part of a financial stimulus announced today to kickstart recovery of economic activity, hit by the pandemic.

To ensure that visitors from abroad will have a smooth travel experience, Sitharaman announced financial support to registered tourist guides to keep them in business and be of assistance to tourists. India has about 11,000 tourist guides who are registered with the Ministry of Tourism and with state governments to ensure their authenticity and reliability.

With tourism falling into coma since the lockdown early last year, many of these guides have sought alternative livelihood in other professions. The incentive of fully guaranteed loans up to 100,000 rupees announced today is aimed at bringing back those guides with valuable experience to their original profession.

Loans of up to one million rupees with 100 per cent guarantee will be provided to travel and tourism stakeholders recognized by Ministry of Tourism to promote the holiday sector, Sitharaman announced. This money is to be used as working capital for tourist enterprises as they struggle to get back into business.

UAE observes The Day of the Seafarer

On the Day of the Seafarer 2021, Suhail Al Mazrouei, Minister of Energy and Infrastructure, stressed the paramount importance of the maritime sector in securing the UAE's medical supplies during the COVID-19 pandemic. The Day of the Seafarer, held on 25th June every year, draws global attention to the contribution that seafarers make to world trade.

UAE observes The Day of the Seafarer

The UAE joined the international community in celebrating the day. A series of technical maritime workshops were conducted while ships in the UAE’s ports together sound their horns as a part of the ''Horns of Hope'' initiative launched by Abu Dhabi Ports in partnership with the Ministry of Energy and Infrastructure to show support for those engaged on the frontlines of the coronavirus pandemic.

The initiative calls on all ships in harbors around the world to sound their horns in 15-second bursts each evening, in recognition of the efforts of maritime, healthcare, and critical sector personnel, who are working diligently to ensure their respective communities remain safe and healthy.

Al Mazrouei said the maritime sector had significantly contributed to ensuring the smooth flow of supplies and enhancing the logistical services as one of the key pillars of the UAE's strengths to secure food and medical supplies and other basic needs. "The maritime response to the pandemic underscores the UAE's resilience and ability to address emergencies. The ministry had teamed up with maritime companies to repatriate seafarers during the suspension of flights and had welcomed several ships and provided healthcare to infected seafarers on board and vaccinated seafarers and other workers, he said.

"The UAE has taken proactive measures to protect seafarers and other workers in the sector," he further added. The UAE, he noted, is among 60 International Maritime Organization (IMO) member states who have designated Seafarers as key workers.

As key workers, seafarers should be entitled to priority vaccination and allowed to travel without restrictions. IMO continues to urge more IMO Member States to give seafarers their due and designate them as key workers As the world slowly moves through the pandemic, it is more important than ever not only to acknowledge the efforts that seafarers have made to keeping the supply chain open despite extremely challenging conditions, but also to ensure that the future being built is one that is fair to them. This is why IMO's 2021 Day of the Seafarer campaign has chosen the theme of "A Fair Future for Seafarers".

President of Togo inaugurates Sheikh Mohamed Power Plant

Faure Gnassingbé, President of Togo, inaugurated on Tuesday the Sheikh Mohamed Bin Zayed Power Plant, a 50MW solar photovoltaic (PV) plant in Blitta, Togo, marking the country's first utility-scale renewable energy project developed by an Independent Power Producer (IPP), and one of the largest solar PV IPP plants in West Africa. 

President of Togo inaugurates Sheikh Mohamed Power Plant

Built by AMEA Togo Solar, a subsidiary of AMEA Power, the plant, located on a 92-hectare site 267km from Togo's capital, Lomé, will supply power to approximately 158,333 Togolese households per year in its first phase, with 9 percent of energy generation feeding into the local Blitta distribution network, enough to meet demand in the area.

Abu Dhabi Fund for Development (ADFD) helped finance the first phase of the project, at a cost of AED55 million, as part of its partnership with the International Renewable Energy Agency (IRENA) to support the development of renewable energy sources in developing countries.

Named after His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the PV plant has been delivered in record time, with just 18 months between the signing of the Power Purchase Agreement (PPA) and commencement of commercial operations.

The inauguration was attended by Hussain Jassim Al Nowais, Chairman of Board of Directors of AMEA Power Company; Khalifa Abdullah Al Qubaisi, ADFD Deputy Director-General; Ahmed Badr, IRENA’s Acting-Director of Project Facilitation, Mila Aziable, Minister Delegate to the President of the Republic, in charge of Energy and Mines in Togo, and other senior officials from the Togolese government.

Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, said that the project epitomises the UAE’s efforts to build and strengthen partnerships with African countries, in line with the UAE leadership’s directives to drive development and prosperity in Africa. The project helps accelerate the development of green economies that ensure a more sustainable future, he added.

Al Nowais commented, "We are delighted to launch the Sheikh Mohamed Bin Zayed PV plant and extend our congratulations to all those involved. Togo was an obvious choice for AMEA Power's first operational power plant in Africa, with it being an important trade hub in West Africa, along with the government's progressive regulatory framework for renewable energy projects, which was key in ensuring the completion of the project in a fast, efficient, and responsible manner. This is an incredibly exciting time for AMEA Power, and we are on track to becoming one of the fastest-growing renewable energy IPPs, with several additional projects set to achieve financial close in 2021."

Mila Aziable said, "The development of the Sheikh Mohamed Bin Zayed PV plant is an excellent example of a successful Public-Private Partnership in Africa, with AMEA Power utilizing Togo's committed implementation unit and favorable investment climate to pre-fund a large-scale renewable energy project on balance sheet. We are delighted to have worked with a team of such highly-skilled professionals with demonstrated know-how in the energy sector."

The project was supported with concessional loans from the West African Development Bank (BOAD) and ADFD. The construction of the power plant helped create local employment opportunities, with 80 percent of plant workers hailing directly from Togo.

AMEA Power also invested directly in community initiatives in Blitta, which positively impacted more than 100,000 people, by constructing (and providing equipment for) one new clinic and three new school buildings; renovating four schools; providing school supplies for 1,400 students; and installing a water pump at a local primary school. AMEA Power will provide electrification via solar power to the schools and clinic.

Moreover, AMEA Power's internship program brought 36 engineering students from various technical institutions in Togo to the Sheikh Mohamed Bin Zayed PV plant, preparing them for employment by giving them the opportunity to apply their theoretical knowledge and develop their practical skills in renewable energies. 

The power plant will be operated for 25 years by AMEA Togo Solar, saving more than 1 million tonnes of CO2 emissions over the course of its life. The plant is instrumental in supporting Togo's ambitious US$8 billion 2018 – 2022 National Development Plan (NDP), which aims to achieve universal access to electricity by 2030 and to increase the share of renewables in the energy mix to 50 percent.

Tourism 365 to create experiential travel opportunities in capital

Abu Dhabi National Exhibitions Company (ADNEC) has launched Tourism 365 to create experiential travel opportunities for tourists coming to Abu Dhabi, and enhance the emirate’s regional and global positioning in the wider tourism sector. The launch of the company is in line with ADNEC’s new broader role to support the growth of Abu Dhabi as a tourism destination, increasing leisure visitors, enhancing guest experiences, and extending their stay in the UAE’s capital.

Tourism 365 to create experiential travel opportunities in capital

The company will work in concert with key stakeholders across Abu Dhabi’s tourism sector and the UAE. It will include Capital Experience, a high-quality destination management company, and Capital Travel, a premium travel operator.

Humaid Matar Al Dhaheri, Managing Director and Group CEO of ADNEC, commented, "In launching Tourism 365, ADNEC continues to fulfill its strategy in developing Abu Dhabi’s tourism sector. Through strengthening and enhancing our business portfolio in tourism, and expanding to include leisure tourism, we actively amplify the economic impact of ADNEC Group."

Tourism 365 will play a critical role in growing the emirate of Abu Dhabi as one of the Middle East’s leading tourism destinations. "It will do so through close collaboration with partners across the government and private sectors, most notably the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi), alongside local and global companies specialized in this critical sector," he added.

Al Dhaheri went on to say that the new company will contribute to enhancing Abu Dhabi’s vibrant tourism ecosystem, bringing significant returns on investment to the emirate. It will do so by launching a range of companies that will promote the tourism industry and other supporting sectors, securing major partnerships with dominant international and travel companies. Tourism 365 will also enable innovation across the tourism sector, increasing the emirate’s attractiveness to international visitors, and showcasing all that Abu Dhabi has to offer across the Middle East.

Public schools to reopen for physical learning next year

Emirates Schools Establishment (ESE) announced the reopening of public schools (physical learning) for the next academic year 2021-2022, in line with the country’s efforts towards returning to everyday life and in coordination with the concerned authorities. Precautionary and preventive measures will be highly implemented, considering the safety of the students, teachers and administrators.

Public schools to reopen for physical learning next year

ESE stated that a special protocol for returning to school will be fully developed in coordination with the Ministry of Education, the National Emergency Crisis and Disaster Management Authority and other authorities in the country to ensure the safety of the students and the educational cadre. ESE added that it will work closely with school principals, given their vital role in creating a safe environment and in training teachers and administrators, guaranteeing a full implementation of the protocol to encourage students to return to school.

ESE stated that each school will be handled separately based on its data and without affecting the country’s public education system. Distance learning will remain in place if parents wish to opt for this option, considering the highest safety standards being put in place for the students and the school community upon returning to school.

ESE urged parents to cooperate with the country’s concerned authorities to implement the decision, reflecting positively on the students, allowing them to get the needed support from their teachers and resuming their activities with their classmates in a safe educational environment.

ESE emphasized that student safety is a top priority that requires full cooperation from parents, teachers, supervisors, administrators and students themselves, contributing to a safe return to schools on the 29th of August 2021 to continue their educational journey. According to the academic calendar, the students’ return will coincide with teachers and administrators returning full-time at schools.

ESE stated that it is working to guarantee schools are ready to welcome students for the academic year 2021-2022. In coordination with the concerned authorities, ESE also added that its teams are working to provide the utmost levels of safety for students and educational cadre to facilitate physical learning in public schools smoothly.

ESE praised the remarkable efforts made by the country’s concerned authorities during the current circumstances and its significant impact in combating the pandemic, as the country topped global rankings for vaccination rates, with 72% of the educational cadre at public schools receiving the vaccine.

Sheikh Hamdan orders construction of a cycling track

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, ordered the construction of a cycling track extending 16 km alongside Jumeirah Beach. The new track will connect the existing Jumeirah Street cycling track parallel to the Dubai Water Canal with the existing cycling track alongside King Salman bin AbdulAziz Al Saud Street located in Dubai Internet City.

Sheikh Hamdan orders construction of a cycling track

"The construction of this cycling track is part of our efforts to realize the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to improve the quality of life of people and enhance their happiness. It is also a step to advance sustainable mobility," said Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA).

"It also responds to the directives of Sheikh Hamdan, to transform Dubai into a bicycle-friendly city. It involves the provision of suitable alternatives to encourage people to practice cycling. It contributes to the Dubai 2040 Urban Master Plan, which aims to make Dubai the best city for living in the world. Constructing this cycling track alongside Jumeirah Beach is a quality addition to the infrastructure projects undertaken by Dubai Government to promote sports and recreational activities and further enhance the community’s standard of living and wellbeing," added Al Tayer.

Detailing the integrated services of the project, Al Tayer said, "The new cycling track stretches 16 km alongside Jumeirah Beach and links the existing Jumeirah Street cycling track (at Dubai Water Canal) with the existing cycling track along King Salman bin Abdul Aziz Al Saud Street (at Dubai Internet City).

"The first sector of the track has a width of four metres stretching alongside Jumeirah Beach in parallel to the existing jogging and walking tracks that extend from Dubai Water Canal to Umm Suqeim Park. The second sector, which has a width of three meters, runs alongside Jumeirah Street and King Salman bin Abdul Aziz Al Saud Street up to Dubai Internet City. It will serve several hotspots alongside Jumeirah Beach such as the Sunset Mall, Open Beach, Dubai Sailing Club, Kite Beach, Umm Suqeim Park, and Burj Al Arab.

"The public can use the track for cycling alongside a beach that boasts a variety of service facilities. They can also benefit from the shared bike services available at the Sunset Mall, Al Manara Mosque and Umm Suqeim Park. The speed limit set for this track is 20 km/h and is classified among mobility, sports and leisure tracks," commented Al Tayer.

"The cycling track along Jumeirah Beach is part of a master plan for constructing cycling tracks to link vital areas of the Emirate. The Master Plan for Cycling Tracks 2026 envisages the construction of additional cycling tracks extending 276 km, which will bring the total length of cycling tracks in the Emirate to 739 km. The Plan aims to link the tracks at the coastal areas, such as Jumeirah, Al Sufouh and Al Marina with the external tracks at Al Qudra, Seih Assalam and Nad Al Sheba via Al Barsha, Dubai Hills and Nad Al Sheba," explained Al Tayer.

"The design, construction and setting of speed limits for cycling tracks are in line with top international standards and technical directories. It is also customized to the nature of the locality and the classification of the tracks. These tracks encourage residents and visitors to practice cycling such that it will develop into an alternative and sustainable mobility means that serves the first and last-mile strategy," concluded Al Tayer.

Dedicated cycling tracks constructed till the end of 2020 extend a total of 463 km. RTA is seeking to further extend the total length of cycling tracks to 739 km by 2026 to link vital areas of the emirate with various public transit means.

RTA has set a speed limit of 30 km/h for tracks dedicated to cyclists. Tracks in urban areas dedicated to cyclists or shared with pedestrians have a speed limit of 20 km/h. However, no specific speed limits have been set for cycling tracks created for training purposes. The speed limits aim to ensure the safety of both pedestrians and cyclists.

Breitling and IRONMAN sign long-term partnership to co-design watches

Breitling and IRONMAN have signed a long-term partnership and teamed up to co-design the Endurance Pro IRONMAN watches, a special series of Breitling’s ultimate athleisure watch. The result is a set of perfectly lightweight and lighthearted luxury sports watches combining high precision, innovative technology, and vibrant, colorful design. The launch features two exciting new watches: a red version available globally at all Breitling boutiques and retailers and online for sports and timekeeping enthusiasts, and a black and gold piece exclusively available for IRONMAN race finishers. Additional models reserved for the IRONMAN community are planned for the coming months. 

Breitling and IRONMAN sign long-term partnership to co-design watches

In 2019, Breitling and IRONMAN had already launched the highly successful Breitling Superocean IRONMAN Limited Edition. This new partnership kicks off a long-term collaboration with Breitling becoming the new Official Luxury Watch of IRONMAN. To celebrate the partnership and offer a first look at the watches, a special event was held at the Breitling Boutique in Beverly Hills. In attendance as special guests were IRONMAN Hall of Famer and 1997 IRONMAN World Champion, Heather Fuhr; IRONMAN Ambassador and the first person with Down syndrome to finish an IRONMAN, Chris Nikic; IRONMAN Hall of Famer and the Voice of IRONMAN, Mike Reilly; and professional IRONMAN triathlete Ben Hoffman, who was also on hand to celebrate the new watches as well as his recent partnership with Breitling as a local ambassador in the US. Since turning professional in 2007, Hoffman has won numerous IRONMAN, IRONMAN 70.3 and National Championship victories.

All three members of Breitling’s Triathlon Squad have distinguished themselves in IRONMAN triathlon events around the world. German triathlete Jan Frodeno is not only a 2008 Olympic gold medalist, but also a three-time IRONMAN World Champion and a two-time IRONMAN 70.3® World Champion. In 2019, Frodeno recorded a best overall course time at the IRONMAN World Championship®, winning in 7:51:13. Daniela Ryf, a native of Breitling’s home country of Switzerland, is a five-time IRONMAN 70.3 World Champion and four-time IRONMAN World Champion. The third squad member is Chris “Macca” McCormack from Australia, who has claimed two IRONMAN World Championship titles – in 2007 and again in 2010. He also won the 2012 ITU Long Distance World Championships.

All three represent the best in IRONMAN triathlon racing, which brings together three disciplines into the world’s most challenging single-day races, consisting of 2.4 miles (3.8 km) of swimming, 112 miles (180 km) of cycling, and 26.2 miles (42.2 km) of running.

The new Endurance Pro IRONMAN collection serves athletes as well as luxury clients looking for the ultimate athleisure timepiece. Its 44 mm watch case is made out of Breitlight, which is 3.3 times lighter than titanium and 5.8 times lighter than steel, but significantly harder. This exclusive high-tech material boasts exceptional resistance to scratches, traction, and corrosion. It also stands out for its anti-magnetic and anti-allergic properties, as well as its thermal stability, which gives it a warmer feel than metal. It’s powered by the Breitling Caliber 82, a COSC-certified thermo compensated SuperQuartz movement that is ten times more precise than regular quartz and offers a battery life of approximately three to four years.

The bidirectional rotating bezel has engraved compass points, and the tactile molded crown provides excellent grip and maneuverability. The hour and minute hands are coated with Super-LumiNova®, making them legible even in limited lighting conditions. Along with a small-second sub dial, there are 1/10th second and 30-minute chronograph counters that have also been designed for easy reading. The watch is water-resistant to 10 bar/100 meters/330 feet.

At present there are two versions available: Endurance Pro IRONMAN and Endurance Pro IRONMAN Finisher. The former comes with a red dial featuring a black inner bezel with a pulsometer scale. The watch is presented on a red rubber strap with a Breitlight double tang-type buckle. It features a unique IRONMAN inscription instead of the Breitling inscription. The latter – black accented with gold – is targeted at athletes who’ve completed an IRONMAN event. This version will be available exclusively through IRONMAN channels, and its case back features a special IRONMAN Finisher Series engraving.

OFID to loans $20 million for expansion of highway in Gambia

The OPEC Fund for International Development (OFID) has signed a US$20 million loan agreement with Gambia to co-finance the expansion of the Bertil-Harding Highway. The upgrading of the road infrastructure will improve safety, reduce travel time and costs, and facilitate access to marketplaces, social amenities and jobs for more than 520,000 people in the Greater Banjul Area.

OFID to loans $20 million for expansion of highway in Gambia

Gambia’s capital Banjul has experienced significant population growth in recent years; however, the city’s road transport infrastructure remains underdeveloped, resulting in travel bottlenecks and high transport costs. The Gambian government, therefore, has accorded high priority to upgrading its road network under its National Transport Policy to improve accessibility and foster competitiveness and trade.

The 22 km-long Bertil-Harding Highway is an important stretch that provides a link between Old Jeshwang and the Banjul International Airport, vital to the connectivity of the area. The expansion and upgrading of the Highway are co-financed with the Abu Dhabi Fund for Development, the Arab Bank for Economic Development in Africa, the Kuwait Fund for Arab Economic Development and the Gambian government.

OPEC Fund Director-General, Dr. Abdulhamid Alkhalifa, said, "The Gambia’s economy is heavily dependent on agriculture and tourism, which requires a well-functioning transport network. Increasing connectivity through more efficient transportation will support integration and trade and further promote social and economic activity for the citizens of the Greater Banjul Area."

In addition to the present loan, OPEC Fund’s public sector commitments to Gambia total close to $128 million supporting transportation, education, energy and multi-sectoral projects. OFID was established in January 1976 by the then 13 member countries of OPEC; including the United Arab Emirates. It is the development finance institution established as a channel of aid to developing countries.

Children’s Museum at Louvre Abu Dhabi to reopen soon

Louvre Abu Dhabi’s Children’s Museum will reopen to the public on 18th June with a fantastic new exhibition that will take children on an interactive adventure of art and activities that will help them identify and explore their emotions. Combining entertainment and education for children aged four to 10, Emotions!: The New Art Adventure will feature ten artworks and four interactive stations, which will familiarize visitors with four main emotions: joy/serenity, sadness, fear, and anger.

Children’s Museum at Louvre Abu Dhabi to reopen soon

Mohamed Khalifa Al Mubarak, Chairman of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), said: "We are proud to see the reopening of Louvre Abu Dhabi’s Children’s Museum with this new interactive, entertaining and safe exhibition. Art can be a powerful medium to both inspire a child’s creativity and add to their emotional wellbeing."

The Children’s Museum is free to all children. Families need only purchase museum admission tickets for accompanying adults for the whole family to access all Louvre Abu Dhabi galleries and exhibitions. Access to the Children’s Museum is included in the cost of admission, which is free for anyone under 18.
To ensure the safety of all visitors, Children’s Museum activities feature touch-less components and single-use activity materials. Capacity limits and social distancing in all Children’s Museum spaces will be adhered to, and regular sanitizing stations made available.

The Children’s Museum is an ongoing exhibition platform and extension of Louvre Abu Dhabi’s educational programming. Since opening in 2017, it has welcomed children and families with three original exhibitions: Traveling Shapes and Colors (2017 –2018), Animals, Between Real and Imaginary (2018 –2019) and A Costume Adventure (2019 –2020).

Taking a gamification approach to education, the museum will include interactive games and activities that engage all the children’s senses, teaches empathy, helps build an understanding of emotions and their expression, while they play and collect achievement points for tasks completed.

As part of the Children’s Museum main activities, local artists Shaima Al Amri, Ali Kashwani and Maryam Al Atouly have pre-recorded virtual workshops that children can engage in at their own pace. The workshops will show children how to express feelings through artistic activities, such as drawing, collage and 2D sculpture.

HH Sheikh Abdullah meets Irish Minister of Foreign Affairs

His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Simon Coveney, Ireland's Minister for Foreign Affairs and Minister for Defense. During the meeting, held at the ministry's headquarters in Abu Dhabi, Sheikh Abdullah and Coveney discussed cooperation and friendship ties between the UAE and Ireland. They also tackled ways to enhance relations in all fields in the best interest of the two peoples.

HH Sheikh Abdullah meets Irish Minister of Foreign Affairs

They reviewed a number of issues of mutual interest and the efforts of both countries in the fight against COVID-19 and the need to develop international collective action to ensure the delivery of vaccines against the virus to all countries which would contribute to accelerating the pace of recovery. The two sides discussed the UAE's hosting of the Expo 2020 Dubai, which will start in October 2021, and Ireland's participation in it. Sheikh Abdullah welcomed Coveney's visit and emphasized the strong bilateral ties between the UAE and Ireland and keenness on developing them in all domains.

UAE's medical device market to grow to AED5.6 billion by 2025

Fitch Solutions, the content partners of Arab Health 2021, has estimated that the UAE’s medical device market will reach AED5.6 billion by 2025, with an annual compound growth rate (CAGR) of 4.4 percent from 2020-2025. According to the Q2 2021 Fitch Solutions United Arab Emirates Medical Device report, the market will benefit from an overall strong economic performance over the next five years. 

UAE's medical device market to grow to AED5.6 billion by 2025

Key market drivers, including population growth, changing epidemiology, a growing medical tourism industry, healthcare infrastructure developments, expanding health insurance, digital transformation, and new technologies, will underpin growth. The medical device market includes any product used in healthcare for the diagnosis, prevention, monitoring or treatment of illness or handicap, other than drugs such as consumables, diagnostic imaging, dental products, orthopedic & prosthetic products, and patient aids.

Arab Health has for the last 45 years been instrumental in the growth of the medical device sector by providing a platform to connect and do business with the global healthcare industry. In line with the UAE’s increasing budget allocation for the healthcare sector and ongoing healthcare development projects, we expect to play a pivotal role in the continued growth. This will be supported by a strong economic recovery post-2021, Dubai’s hosting of the World Expo which will have an encouraging impact of the healthcare sector, as well as urban expansion and the UAE retirements visa.

This years event brings together a series of industry heavyweights at the forefront of innovation and technology in the healthcare sector. Now, more than ever, advances in medical devices are going to play a critical role in global recovery post-COVID-19.  As part of the Arab Health 2021 live event, the exciting healthcare star-up competition, Innov8 Talks, returns. A stand will be dedicated to showcasing 32 start-ups and their pitches, each dedicated to improving healthcare with the latest unique and innovative solutions in prevention, management, operations and diagnostics, amongst others.

Arab Health has been developed under the show theme of United by Business, driving the industry forward, with the live, in-person event expected to welcome 2,000 exhibiting companies and over 24,500 attendees from 170 countries expected during the Live, in-person event.

Over 300 speakers are expected to come together for the Arab Health Congress to improve medical practice and ultimately improve patient outcomes. A total of 12 medical conferences will take place between 21-24 June, nine of which will be Continuing Medical Education (CME) accredited, each allowing participants to network and develop international best practices.

UAE humanitarian initiative helps 35,600 families in Lebanon

A delegation of the Khalifa bin Zayed Al Nahyan Foundation, in collaboration with the UAE Embassy in Beirut, has provided vouchers to 35,600 families in Northern Lebanon, as part of the UAE’s endless efforts to support friendly countries. An official from the foundation stated that the humanitarian initiative was launched upon the directives of the UAE’s leadership, to help the Lebanese people overcome their dire economic conditions. The official added that after consultations with the UAE Embassy in Beirut, the foundation decided to provide vouchers instead of food parcels, to enable beneficiaries to choose their preferred food supplies.

UAE humanitarian initiative helps 35,600 families in Lebanon

Fahad Al Kaabi, Acting Charge D’affaires at the UAE Embassy in Lebanon, said that the aid is part of the UAE’s humanitarian role and the foundation’s efforts to stand with friends around the world. He pointed out that the one-month campaign began last week in Tripoli and will cover other northern cities, distributing nearly 35,600 vouchers to 178,000 beneficiaries who are on lists provided by the Lebanon-based Dar-Al-Fatwa Relief Organisation.The beneficiaries thanked the UAE government and people, as well as the foundation, for such a thoughtful humanitarian gesture.

Eriksen gets medical attention after fainting during Euro match

The European Championship game between Denmark and Finland was halted briefly on Saturday after Christian Eriksen required urgent medical attention on the field near the end of the first half.  He was given treatment for about ten minutes after collapsing on the field itself before being carried off on a stretcher. Eriksen was transferred to the hospital and has been stabilized according to his manager and a tweet by UEFA on Christian Eriksen's condition. UEFA then announced the game had been suspended due to a medical emergency.

Eriksen gets medical attention after fainting during Euro match

Eriksen had just played a short pass when he fell flat out, face-forward onto the ground with a glazed look in his eyes. His teammates immediately gestured for help and medics rushed onto the field.  Eriksen was given chest compressions as his teammates stood around him in a shielding wall for privacy. He was subsequently carried off to a loud ovation on a stretcher.

Meanwhile the Finnish players huddled by their team bench and eventually walked off the field while Eriksen was still getting treatment, as did the referees. In an astonishing turn of events, the Danish FA reported that the game will resume once their players have been reassured that Christian Eriksen is in a stable condition. The last four minutes of the first half will be played, followed by a five-minute half-time break and then the second half. Belgium versus Russia will also go ahead.

ADFD allots $100 million for two projects in Turkmenistan

Abu Dhabi Fund for Development (ADFD) today signed two agreements worth AED367 million with the Government of Turkmenistan. The first agreement includes the allocation of AED275 million (US$75 million) towards the construction of an airport in Jebel in Balkan Region, whereas the second agreement aims to finance the development of a 10 megawatts hybrid power plant at a cost of AED92 million (US$25 million).

ADFD allots $100 million for two projects in Turkmenistan

The two agreements were signed by Mohammed Saif Al Suwaidi, Director General of ADFD, and Jepbarov Rahimberdi Jepbarovich, Chairman of the State Bank for Foreign Economic Affairs of Turkmenistan. The signing ceremony also drew the participation of Suhail bin Mohammed Al Mazrouei, the UAE Minister of Energy and Infrastructure, Berdimuhamedov Serdar Gurbangulyevich, Deputy Chairman of the Cabinet of the Ministers of Turkmenistan, Garajayev Saparmammedovich, Ambassador of Turkmenistan to the UAE, Khalifa Abdullah Al Qubaisi, Deputy Director General of ADFD, and several senior officials from both sides.

Commenting on the agreements, Mohammed Al Suwaidi said: "The two agreements signed today articulate ADFD's commitment to advancing Turkmenistan’s infrastructure development and driving the country’s economic growth. We are confident that both projects will go a long way in ensuring an improved livelihood for the country’s population and fulfilling its sustainable development goals."

Al Suwaidi added: "At ADFD, we prioritize building solid partnerships with the countries of the world through financing development and investment projects that contribute to sustainable growth. Since ADFD began its development engagement with Turkmenistan in 1999, both countries have made outstanding efforts towards expanding our relations and opening new avenues of investment and economic cooperation. This has led to the development of several joint development and investment projects."

Jepbarov Jepbarovich lauded the UAE’s active role in financing projects and promoting investment cooperation with immense economic benefits for developing countries. This has been especially apparent through ADFD’s cooperation with the Government of Turkmenistan. Jepbarovich added: "The two agreements we signed today with ADFD will further strengthen our bilateral relations, marking a key milestone in the development cooperation between both sides. Furthermore, it will enable Turkmenistan to accelerate economic growth through supporting key sectors such as infrastructure, energy and transportation."

The airport development project in Jebel aims to improve the airport infrastructure in the Balkan region of Turkmenistan and enhance regional air connectivity in Central Asia. Additionally, it will help attract investments to the city of Jebel in particular, and Balkan region in general through improving the quality transportation services.

The project includes building Jebel airport terminal with capacity of 100 passengers per hour. The project components include planning, designing, construction and delivery of the project as well as training the airport staff. The hybrid power station project aims to provide clean energy alternatives to meet the needs of people in Altyn Asyr. The project consists of development of hybrid power plant with 10 MW installed capacity.

In February 2021, ADFD signed three MoUs with the Government of Turkmenistan. The first MoU included the establishment of an investment company, whereas the second MoU included studying the possibility of building a chemical complex project in Turkmenistan to produce polyvinyl acetate. Under the third MoU, both sides agreed to study the possibility of financing several development projects focused on infrastructure development including renewable energy and air transport to enhance cooperation between the fund and the Government of Turkmenistan.

Over the years, ADFD has allocated a total of AED182 million towards the development of several projects in Turkmenistan. Notable projects include the establishment of a kidney disease treatment center in Ashgabat to advance the country’s healthcare sector. These projects have bolstered Turkmenistan's efforts to implement the economic and social reforms and improve the quality of healthcare services in the country.

Republic of Belarus gets COVID-19 vaccine doses from the UAE

The UAE - through its humanitarian arm, the Emirates Red Crescent (ERC) - on Tuesday sent a plane carrying 11,000 doses of a COVID-19 vaccine to the Republic of Belarus in a bid to support its efforts in combating the pandemic.

Republic of Belarus gets COVID-19 vaccine doses from the UAE

The medical aid shipment aims to provide greater protection for the vulnerable, the elderly and those with chronic diseases. It comes as part of the UAE's efforts to counter the spread of the coronavirus based on its humanitarian and pioneering role in combating the pandemic.

This aid will contribute to strengthening the preventive and precautionary measures taken by Belarus to address the COVID-19 pandemic in light of the emergence of new strains and to help reach the recovery stage. The UAE is exerting significant effort to help other countries to overcome the ramifications of the virus, stand by their side, and enhance their health capabilities to face this pandemic by providing vaccines to countries in need.

Since the beginning of the COVID-19 crisis, the UAE has been keen to carry out its humanitarian responsibility to peoples around the world and has provided and continues to provide support to many countries to curb the spread of the virus.

UAE augments efforts to counter money laundering

The United Arab Emirates has advanced its national efforts to counter money laundering and the financing of terrorism through the registration of beneficial ownership information in a unified database that will serve as a reference for stakeholders that include security agencies, police, and other enforcement bodies as they investigate financial crime. The database will also work to strengthen international cooperation by facilitating requests for information exchange by other countries to combat money laundering and terrorist financing.

UAE augments efforts to counter money laundering

The beneficial owner is the person that owns or controls a company directly or indirectly by possessing more than 25 percent of the ownership rights of the company and 25 percent or more of the voting power of the company while maintaining the ability to recruit or dismiss most of the members of the board of directors.

Under Cabinet Decision No. 58 of 2020, failure to register beneficial ownership data results in penalties in line with international standards. Required information includes the name, gender, passport information, nationality, email, and residence address of the beneficial owner in question.

Hamid Al Zaabi, Director-General of the Executive Office to Combat Money Laundering and Terrorist Financing, remarked, "Requirements to register beneficial ownership data bring the UAE one step closer to strengthening its anti-financial crime apparatus in line with international best practices. Ensuring compliance with the UAE’s regulatory system will increase transparency and prevent abuses from occurring, which in turn will advance the UAE’s leading role in regional and international efforts to counter money laundering and the financing of terrorism wherever it occurs."

The registration of beneficial ownership data comes as part of the UAE’s commitment to combating financial crime as a priority of the country’s leadership. In February 2021, the UAE Cabinet approved the establishment of the Executive Office to Combat Money Laundering and Terrorist Financing to oversee the implementation of the UAE’s National AML/CFT Strategy and National Action Plan, the program of reforms designed to strengthen the UAE’s anti-financial crime system.

Al Zaabi was officially appointed the Director-General of the Executive Office, which reports directly to the Higher Committee Overseeing the UAE’s National AML/CFT Strategy, chaired by H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation.

World Judo Championships 2021 to see participation from UAE

The UAE will participate in the World Judo Championships 2021, which Hungarian capital Budapest will host from 6th to 13th June, under strict COVID-19 protocols. So far 116 countries from 5 continents, with 668 athletes, have registered to compete at the world championship. UAE's Judoka Scvortov Victor will fight his first match next Tuesday as part of a national program to prepare for Tokyo Olympic Games.

World Judo Championships 2021 to see participation from UAE

''Budapest is now preparing to welcome athletes from all continents once again. This World Championships, like no other before, is a glaring beacon in the calendar, bringing excitement and spectacle to judo fans everywhere, with the cream of the judo elite convening only weeks before the Tokyo Olympic Games,'' said Marius Vizer, President International Judo Federation.

''As we continue to pull together as a sporting community, leading the way in organizing safe, clean and spectacular events, this World Championships will offer unrivaled proof that the world is not just reopening for sport but is also seeing the re-emergence of a more recognizable daily life and we are proud to have played a significant part in that. Judo’s values have never been more relevant and we steadfastly adhere to them as a summer in Tokyo approaches.'' ''We expect a sparkling event before the Tokyo 2021 Olympic Games and this week will be a very important event for many countries and judoka.

"The World Championship in Budapest will be a great celebration for sports lover Hungarians, because the best athletes of the judo will be fighting on the tatamis. In addition, we can give all our guests from abroad a warm welcome and show that humility and devotion are the key points to create the most appropriate conditions for the World Championship,'' said Dr Laszlo Toth, President Hungarian Judo Association. ''We will continue to devote our best efforts to ensure successful organization of the competition,'' he added.

Oris new limited edition watch to save Wadden Sea named Dat Watt

Oris introduces another watch created with the intention of making the world a better place in line with their Change for the Better projects. This time the watchmaker has produced the Oris Dat Watt limited edition to conserve the Wadden Sea, a UNESCO World Heritage Site in conjunction with the Common Wadden Sea Secretariat (CWWS) and its mission to conserve the Wadden Sea, the world’s largest tidal system.

Oris new limited edition watch to save Wadden Sea named Dat Watt

The latest project with CWSS, a tri-lateral organization covering Denmark, Germany and the Netherlands works to conserve and protect the Wadden Sea, the world’s largest unbroken tidal flat system. In 2009, UNESCO awarded it a World Heritage Site status to reflect its importance to global biodiversity. At Oris, the brand takes this responsibility extremely seriously, which is why they are on a mission to bring Change for Better. As well as entering into partnerships with conservation agencies and supporting projects designed to clean up the world’s water sources, we’re also on a sustainability drive here in Hölstein.

Dat Watt means ‘the Wadden Sea’ in Low German and the Dat Watt Limited Edition timepiece is based on the Oris Aquis diver’s watch, named after a local dialect for the Wadden Sea. The 2,009 pieces mark the year the Wadden Sea was awarded UNESCO World Heritage Site status.

“When we heard about the scale and value of the work done by the CWSS, we felt compelled to offer our support,” says Oris Co-CEO Rolf Studer. “As well as raising awareness, we will also be supporting the organization’s conservation efforts with funds raised from sales of the Dat Watt Limited Edition because it’s the right thing to do.”

The Dat Watt Limited Edition is a special watch. Its dial displays the lunar cycle and tidal range in the Northern Hemisphere via the Oris-developed Pointer Moon function, created for professional divers. This works using a central white pointer hand that once aligned with the correct day in the 29.5-day lunar cycle, shows the corresponding tidal range via the white outline on the dial. The same hand indicates the waxing and waning of the moon.

The watch case is made of a multi-piece stainless steel case with a unidirectional rotating bezel. The case diameter measures 43.50 mm and the watch dial is a gradient blue/grey with luminous material hands and indices with Super-LumiNova. The watch is covered with a top glass sapphire, domed on both sides with an anti-reflective coating inside and the case back is  made of stainless steel, screwed down and features special engravings. The watch has a stainless steel screw-in security crown with crown protection and the bracelet is made of stainless steel with a folding clasp with extension.

Each watch is water resistant to 300 meters and the watch is fitted with an in-house Oris 761 movement which includes centre hands for hours, minutes and seconds, centre hand moon phase, date window, instantaneous date, date corrector, fine timing device and stop seconds. The watch is automatic winding with a 38-hour power reserve. The watch is supplied in a special presentation box and retails for CHF 2,450 and is available at select retailers and online from May 2021.

The Wadden Sea covers an area of 11,500 km2, has a 500 km coastline and is a vital stopping point for more than 10 million migratory birds every year. At eye level, it’s not always easy to appreciate the scale and beauty of the Wadden Sea, the largest unbroken tidal flat and barrier-island depositional system in the world. 

The Wadden Sea is hugely biodiverse. At any one time, there are more than 6 million birds inside its borders. Each year, between 10 and 12 million migratory birds pass through it. The salt marshes host around 2,300 species of flora and fauna, and there are a further 2,700 species in the marine and brackish areas, and more than 30 species of breeding birds. As with so many marine environments, the Wadden Sea is under constant threat from fishing, harbor development, oil and gas rigs, wind farms, maritime traffic, residential and tourism development, and the impact of climate change.

Egypt vaccinates all tourism staff in Red Sea and South Sinai resorts

​Egypt has fully vaccinated all staff working at both Red Sea and South Sinai governorates, two of the country’s tourism hotspots as hotels and resorts gear up for the safe return of holiday makers this summer.
Staff working in establishments including hotels, resorts, cafes, restaurants, bazaars and tourism transportation in the Red Sea and South Sinai governorates have received COVID-19 vaccine.

Egypt vaccinates all tourism staff in Red Sea and South Sinai resorts

Egypt’s Ministers of Tourism and Antiquities, Health and Population and Civil Aviation and Red Sea Governor made the announcement today in a press conference held during their visit to the Red Sea city of Hurghada to inspect the implementation of hygiene safety measures in airport, hotels and its temporary medical units installed specially to spruce up the vaccination process for the tourism sector employees. “Vaccinating our staff is just one measure we are taking to ensure tourists can return to Egypt’s crowning jewels safely, quickly, and confidently,” said Egypt’s Minister of Tourism, Dr Khaled El-Enany.
“COVID-19 cases in the Red Sea and Sinai areas are negligible. Everyone involved in Egypt’s tourism sector has worked incredibly hard to get to this point and be able to offer a safe travel experience. Nearly a year since the resumption of tourism in Egypt, we are happy to note that the tourist numbers are steadily rising and have almost doubled since January and February 2021. The number of tourists who arrived in Egypt in January was 300,000 and increased to reach 525,000 tourists in April. Now, we are opening our doors and extending a warm invitation to people from around the world who are fed up with staying at home and are desperate to travel for their summer vacation.” 

“The vaccination drive will continue in the Red Sea and South Sinai governorates with the aim to complete vaccination for the entire population in the two governorates by the end of June 2021,” he said. “Egypt has begun the vaccination for tourism staff in other key destinations including Cairo, Giza, Luxor and Aswan. The vaccination drive is also open to foreign residents and tourists, upon their request. The next phase will be another important step in the recovery of the tourism sector,” Dr El-Enany added.
As part of the measures taken by the Egyptian government to eliminate cases of COVID-19 in both the Red Sea and South Sinai governorates, medical centers were allocated to receive the anti-Coronavirus vaccine, in addition to the installation of temporary medical units in few hotels and the activation of mobile medical clinics including medical teams to vaccinate tourism sector’s employees as well as medical and awareness services to citizens and tourists.
South Sinai and the Red Sea are Egypt’s largest tourism pulls. South Sinai includes the famous Sharm al Sheikh resort, Nuweibaa, Dahab, and Taba. The Red Sea meanwhile is known for oases like Hurghada, Sahl Hashish, Gouna, Makadi and Marsa Alam.
Travelers to Egypt must carry a negative COVID-19 PCR test certificate from their country issued up to 72 hours prior to the time of departure (96 hours for travelers arriving from Japan, China, Thailand, the US, Canada, South America, as well as London Heathrow, Paris and Frankfurt airports). Travelers arriving at Sharm El-Sheikh, Taba, Hurghada, Marsa Alam and Luxor airports can do a PCR test upon arrival at a cost of US$30.

Government leaders urged to fund $50 billion pandemic package

The heads of the world’s predominant global financing, health and trade agencies have united to urge government leaders to urgently finance a new $50 billion roadmap to accelerate the equitable distribution of health tools to help end the pandemic that has devastated lives and livelihoods for 18 months and also set the foundations for a truly global recovery, as well as enhanced health security.

Government leaders urged to fund $50 billion pandemic package

In a statement, the leaders of the International Monetary Fund (IMF), World Bank Group (WBG), World Health Organisation (WHO) and World Trade Organisation (WTO) [Kristalina Georgieva, Tedros Adhanom Ghebreyesus, David Malpass and Ngozi Okonjo-Iweala] said governments must act without further delay or risk continued waves and explosive outbreaks of COVID-19 as well as more transmissible and deadly virus variants undermining the global recovery.

Leaders of the four agencies said: "By now it has become abundantly clear there will be no broad-based recovery without an end to the health crisis. Access to vaccination is key to both." The joint statement draws on a recent IMF staff analysis, which stated that $50 billion in new investment is needed to increase manufacturing capacity, supply, trade flows, and delivery, which would accelerate the equitable distribution of diagnostics, oxygen, treatments, medical supplies and vaccines. This injection would also give a major boost to economic growth around the world.

"At an estimated $50 billion, it will bring the pandemic to an end faster in the developing world, reduce infections and loss of lives, accelerate the economic recovery, and generate some $9 trillion in additional global output by 2025," said the leadership.

It echoes economic analysis by the International Chamber of Commerce and the Eurasia Group – both of which make the case for a relatively modest investment by governments in comparison to the trillions spent on national stimulus plans and lost trillions in foregone economic output. But the critical element of this is that it effectively spurs global vaccination and bridges the equity gap.

"Increasing our ambition and vaccinating more people faster: WHO and its COVAX partners have set a goal of vaccinating approximately 30 percent of the population in all countries by the end of 2021," said the four leaders. "But this can reach even 40 percent through other agreements and surge investment, and at least 60 percent by the first half of 2022."

Governments are urged to act on the investment opportunity to boost supplies of vaccines, oxygen, tests and treatment. The IMF, WBG, WHO and WTO leaders issued their joint statement as the World Health Assembly drew to a conclusion and a round of G7 meetings were set to start, beginning with a Finance Ministers convening later this week, and following a Global Health Summit co-hosted by the EU and Italy, which chairs the G20.

"To urgently get more shots in arms, doses need to be donated immediately to developing countries synchronized with national vaccine deployment plans, including through COVAX," said the four leaders. "Cooperation on trade is also needed to ensure free cross-border flows and increasing supplies of raw materials and finished vaccines." 

ADX lists Abu Dhabi Ports US$1 billion bonds

The Abu Dhabi Securities Exchange (ADX) has announced it will be listing, on 3rd June, 2021, US$1 billion bonds of Abu Dhabi Ports, which were issued under its Euro Medium Term Note Program (EMTN Program). The announcement was made by ADX on its website and stated that the bonds will be listed in one tranche, according to the pricing term sheet.

ADX lists Abu Dhabi Ports US$1 billion bonds

The issuance was more than 4.5 times over-subscribed at its peak. The Notes mature on 6 May 2031 and carry a coupon of 2.500% per annum. Proceeds will be used for general corporate purposes and debt refinancing. The settlement of the offering is expected to occur on 6 May 2021 and is subject to customary settlement conditions.

Citi, First Abu Dhabi Bank and Standard Chartered Bank acted as Joint Global Coordinators for the transaction along with HSBC, Mizuho and Societe Generale as active Joint Lead Managers and Joint Bookrunners and BNP Paribas, Credit Agricole CIB and SMBC Nikko acted as passive Joint Lead Managers.

H.E. Falah Mohamed Al Ahbabi, Chairman, Abu Dhabi Ports, said: “We are delighted by the strong global investor response to our first issuance under our recently established EMTN Program, which reflects international confidence in the strength of our business and our strategy, as well as universal belief in the vision of the UAE’s leadership and the stability of our economy.

Since its establishment, Abu Dhabi Ports has been fully aligned with the long-term vision of the Abu Dhabi Government, playing a pivotal role in the growth of the emirate and facilitating international trade. Today’s announcement will support both our plans for development and the wider economic diversification program of the UAE.”

Mohamed Juma Al Shamisi, Group Chief Executive Officer, Abu Dhabi Ports, said: “Abu Dhabi Ports’ strategy is to become a top global integrated trade enabler, ranking alongside the most important hubs in the world to facilitate the growth of international trade. The success of this first issuance under our recently established EMTN Program is another important step in our prudent financial strategy that underpins our long-term vision for growth. Following two days of investor meetings, the global investor response to Abu Dhabi Ports’ first joint Note Program on the London Stock Exchange and Abu Dhabi Security Exchange has been very strong, with the issuance more than 4.5 times over-subscribed at its peak with orders placed by over 200 institutional investors from 35 countries, including sovereign wealth funds, central banks, insurers, corporate treasuries and asset managers.

We see the success of this US$1.0  1billion 0-year listing at the lowest coupon achieved by an Abu Dhabi government-related entity for that corresponding 10-year tenor as an expression of confidence in our leadership, our business and in the UAE economy as a whole.

Abu Dhabi Ports offers a growing and profitable business that is built for the long-term, supported by prudent and far-sighted leadership. We achieved US$ 933 million of revenues in 2020, representing year-on-year growth of 24% in one of the most challenging periods for the global economy in living memory. Our adjusted EBITDA grew 37% to reach US$ 422 million in 2020, demonstrating our ongoing potential for growth and development.

The Note Program will ensure the realization of Abu Dhabi Ports’ ambitious capital expenditure program across our asset portfolio over the next ten years and enables us to align with the UAE’s wider economic diversification program. This will accelerate the growth of our integrated portfolio of world-class ports, industrial zones and logistics supply chains.”
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