Author: Editorial team
BANGKOK, 18th October, 2026 (WAM) — Abu Dhabi Fund for Development (ADFD) and the World Bank Group have signed a Memorandum of Understanding establishing a framework for cooperation to advance sustainable economic development, strengthen resilience and improve livelihoods in developing countries. The agreement was signed on the sidelines of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group by Mohamed Saif Al Suwaidi, Director-General of ADFD, and Ajay Banga, President of the World Bank Group. The MoU provides a basis for both institutions to explore joint development initiatives, drawing on their respective financing capabilities,…
Dubai: Government and private schools that were on mid-semester break will resume classes tomorrow (19/10/2026), with addressing learning difficulties, reviewing assessment results and completing semester requirements among the key priorities. Return dates at private schools vary according to each school’s approved calendar, curriculum and relevant educational authority. Private school principals said the post-holiday period presents schools with four key priorities: accurately identifying learning gaps, implementing measurable support, ensuring regular student attendance and providing families with clear information about their children’s academic levels and the steps needed to improve. The academic calendar for the 2026-2027 school year applies to government and…
Strategic sectors continued to expand in the first half of 2026, reinforcing the diversity and resilience of Dubai’s economy amid changes in the global economic environmentThe results reflect continued growth across a range of strategic sectors and activities, led by financial and insurance activities, human health and social work, information and communication, and construction. Picture: WAM Source: Emirates 24|7
Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced a new cycle of the Arab Hope Makers initiative, highlighting the role of individuals who dedicate themselves to serving humanity and creating hope in their communities. Sheikh Mohammed said societies thrive on hope, people aspire to a better future and young people, in particular, look ahead with optimism. In a post on X, Sheikh Mohammed said: “Societies live by hope. People look forward to a better future. Young people live on the hope of a better future.…
An Etihad Airways flight that was on its way to Abu Dhabi was diverted to Jordan on Saturday, October 17, after a passenger required immediate medical treatment, the airline announced.Flight EY022 took off from Toronto Pearson International Airport (YYZ) in Ontario, Canada and was due to arrive in Abu Dhabi Zayed International Airport (AUH) but changed its course and headed to Queen Alia International Airport (AMM) in Amman instead.No further details were immediately available. Source: Khaleej Times
MUSCAT, 18th October, 2026 (WAM) — Data from the Statistical Centre for the Cooperation Council for the Arab States of the Gulf (GCC-Stat) show that industrial investments total approximately US$426 billion, while the number of factories stands at nearly 22,000. The industrial sector employs more than 1.7 million people, according to the latest available statistical data as of July 2026. Manufacturing contributed approximately 13.0 percent of the GCC states’ gross domestic product in 2025, underscoring the sector’s importance in supporting the economies of the member states, advancing economic diversification and increasing the contribution of non-oil activities. Around 40 percent of…
Dubai: The achievements of Abdullah Jassim, 20, who has Down syndrome, also tell the story of his mother’s success in navigating challenges and supporting her son with understanding and acceptance. Her approach helped strengthen his self-confidence and enabled him to overcome obstacles along the way. After successfully completing high school, Abdullah is continuing to develop his skills through vocational and administrative training as he prepares to enter the labour market and hopes to start a family in the future. Abdullah’s academic success reflects the support he received from his mother and those around him, particularly his school. The inclusive educational…
Dubai: The Dubai Civil Court ordered a woman to repay AED 2.298 million to a man after it was established that she had received the money to purchase a residential unit for him and register it in his name, but instead obtained the funds through fraud and deception. She was also sentenced to three months in prison and fined an amount equal to the money misappropriated. The defendant maintained before the civil court that the money represented financial entitlements, including salaries, commissions and incentives for work she had carried out for the plaintiff. However, the court decided the case on…
Abu Dhabi: The Abu Dhabi Family, Civil and Administrative Court ordered a young man to pay AED 20,000 in compensation to a social media influencer after he was convicted of filming him and publishing the video on TikTok and Snapchat without his consent, violating his privacy and reputation. The court rejected the influencer’s claim for AED 450,000 in compensation for material and moral damages, citing a lack of evidence of financial losses, and limited the award to moral damages. The influencer had filed a lawsuit against the young man seeking AED 450,000 in comprehensive compensation for material, moral, psychological, social…
The Central Bank of the UAE (CBUAE) and the Monetary Authority of Singapore (MAS) plan to expand cooperation into central bank digital currencies (CBDCs), cross-border payments using QR codes and green finance.Ahmed Saeed Al Qamzi, assistant governor for Banking and Insurance Supervision at the CBUAE, said the partnership now spans more than 17 years and is being broadened to new areas.“Our partnership with the Monetary Authority of Singapore spans more than 17 years, and we are now looking to broaden it to new areas, particularly cross-border payment and settlement solutions. This will help facilitate trade and investment flows between our…