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First-ever GBF ASEAN highlights Dubai as economic role model for RCEP countries

DUBAI, 8th December, 2021 (WAM) — Regional Comprehensive Economic Partnership (RCEP) countries are rewiring supply chains and creating new trade opportunities, according to industry experts speaking earlier today at the first-ever Global Business Forum (GBF) ASEAN in Dubai.

Organised by Dubai Chamber in partnership with Expo 2020 Dubai, the two-day forum explores investment prospects emerging across ASEAN markets, new avenues of UAE-ASEAN economic cooperation, as well as trade synergies and bilateral business opportunities.

Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the first day of GBF ASEAN featured a session, which was joined by Ramon Lopez, Secretary of the Department of Trade and Industry of the Philippines; Mishal Kanoo, Chairman of The Kanoo Group; and Prof. Romano Prodi, President of the Italy-ASEAN Association.

"The negative impact of COVID-19 on the economic cycle is undeniable," Ramon Lopez noted. "However, recent news about the new Omicron variant seem to be less impactful. We are moving forward with reopening the economy and spearheading recovery in the Philippines. The country reopened its borders to tourists on 1st December of this year, and we believe having the Regional Comprehensive Economic Partnership (RCEP) is helping countries adapt to changes and find new avenues for partnership."

Meanwhile, Prof. Prodi asserted, "Business models must focus on exporting and find the ideal partner to do that. The Regional Comprehensive Economic Partnership (RCEP) emphasises the possibility of establishing partnerships with non-member countries around the world. The agreement is therefore, in the interest of the entire region and will contribute to stimulating global economic recovery. We must support SMEs because they make up a major pillar of the global economy, but they need to organise themselves in an integrated system and build relationships with suppliers."

For his part, Kanoo said, "Facing the implications of the COVID-19 pandemic for the economy was never easy. However, the UAE government presented a uniquely successful approach for dealing with the crisis. Instead of scaring the public, the UAE’s wise leadership decided to give hope to all of us by being among the first countries in the world to reopen, continuing to attract people who travel and participate in an engaging business environment here in Dubai. We believe that the UAE, and Dubai, in particular, has presented itself as a world business hub bringing together businessmen, investors, and decision-makers to brainstorm ideas and discuss all aspects of business."

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Breaking / Federal Supreme Council elects Mohamed bin Zayed as UAE President

ABU DHABI, 14th May, 2022 (WAM) — The Federal Supreme Council today unanimously elected His Highness Sheikh Mohamed bin Zayed Al Nahyan as President of the United Arab Emirates.

The Council held a meeting today at Al Mushrif Palace in Abu Dhabi, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

The meeting was attended by His Highness Sheikh Mohamed bin Zayed Al Nahyan; H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah; H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman; H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah; H.H. Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain; and H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah.

A statement issued by the Ministry of Presidential Affairs said that according to Article 51 of the Constitution, His Highness Sheikh Mohamed bin Zayed Al Nahyan was unanimously elected as the President of the UAE to succeed the late Sheikh Khalifa bin Zayed Al Nahyan.

Their Highnesses, the Supreme Council Members and Rulers of the Emirates have reaffirmed their keenness to continue implementing the authentic values and principles laid down by the late deceased, Sheikh Khalifa, following on from the founding father, the late Sheikh Zayed bin Sultan Al Nahyan. These have consolidated the UAE’s status at both regional and global levels.

The Federal Supreme Council expressed its full confidence that the people of the UAE will remain, as Sheikh Zayed and the founders believed, “a faithful guardian of the Union and its gains at all levels”.

Their Highnesses wished H.H. Sheikh Mohamed bin Zayed Al Nahyan success in serving his people and country.

Sheikh Mohamed bin Zayed expressed his appreciation for the precious trust placed in him by his brothers, Their Highnesses the Supreme Council Members and Rulers of the Emirates, praying to the Almighty to guide and help him to bear the responsibility of this great trust and to fulfil its tasks of serving his country and people.


WAM/Rola Alghoul/Esraa Ismail

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wasl properties announces the 12th edition of its annual Ramadan Arts Competition

News of Emirates – wasl properties, one of the largest real estate development and management companies in Dubai, has announced the launch of the 12th edition of its annual Ramadan competition that seeks to reward its creative and artistic tenants with exceptional prizes.

The annual competitions welcome participation from all ages, with a painting challenge for wasl tenants’ children and a photography contest for adults.

wasl’s Ramadan Painting Competition is designed for younger tenants of up to 13 years old, and participants will be required to paint a piece reflecting the true meaning of Ramadan. With an iPad up for grabs every week, artworks must be uploaded to the website for them to be voted on publicly and judged by the wasl committee. At the end of the holy month, one winner out of the four selected over the course of the competition will be awarded the grand prize of a scholarship of up to AED 25,000.

For adults, wasl launched the Ramadan Instagram Photography Competition, which invites anyone over the age of 13, even non-tenants, to capture the true meaning of the holy month by taking a selfie with one of Dubai’s landmarks. Those interested in participating must share their photographs on Instagram using #waslRamadan2022 and mentioning @waslgroup. Each entrant can upload an unlimited number of photos, and the wasl committee will decide which lucky entrants will win one of four Apple Watches every week.

wasl properties launched the ‘Ramadan Competition’ for the first time in 2011, and it has expanded over the years to become an anticipated annual contest.

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Houthi attacks on Saudi Arabia, UAE are ‘terrorist actions’: Kosovo PM

PRISTINA, 17th February, 2022 (WAM) — Kosovo’s Prime Minister, Albin Kurti, has condemned the Houthi attacks on civilian targets in Saudi Arabia and the UAE, labelling the militia as a terrorist group.

"We were appalled by these images and all these attacks. Absolute violence against civilians, which has nothing to do with respect for human dignity, human rights, society and community. This is something that we can never tolerate and it is our task to always condemn it," Kurti told Saudi English language newspaper Arab News.

Asked whether he agrees that as a result of targeting civilian targets the Houthi militia should be designated as a terrorist group, Kurti said, "Yes, I think that all these attacks on civilians are terrorist actions."

On 17th January, the Houthi milita attacked a fuel tank storage facility near Abu Dhabi International Airport, killing three and injuring six.

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