Monthly Archives: November 2023

Business & Investments

Emirates Development Bank commits AED 1.3 billion finance under IRENA’s Energy Transition Accelerator Financing Platform

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Emirates Development Bank commits AED 1.3 billion finance under IRENA’s Energy Transition Accelerator Financing Platform

Dr. Sulan Al Jaber:

  • The EDB-IRENA collaboration will provide adequate financing to support climate change mitigation.
  • The UAE has invested more than AED 183.5 billion in renewable energy projects in over 70 countries.

Abu Dhabi, United Arab Emirates, 27 November 2023: Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, has committed up to AED 1.3 billion (USD 350 million) to support the Energy Transition Accelerator Financing (ETAF) platform, a global climate finance facility established by the International Renewable Energy Agency (IRENA) to accelerate the financing of renewable energy projects and drive funding of renewable energy projects in developing countries.

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Business & Investments

The Second Edition of “Asset Abu Dhabi” Hosted at ADFW 2023

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Abu Dhabi’s Rapidly Changing Investment Landscape Debated at the Second Edition of “Asset Abu Dhabi” Hosted at ADFW 2023

  • Ray Dalio took the stage at Asset Abu Dhabi and praised the Falcon Economies of the GCC region as ‘Renaissance States’.
  • Ahead of COP28, during the special session of ‘The rise of the falcon economy’, notable economic leaders like Dr. Nasser Saidi called for the establishment of a ‘climate bank’.
  • Fadi Ghandour, Executive Chairman of Wamda Capital emphasised increasing regional capital deployment by SWFs into major infrastructure and tech projects to further accelerate the growth of the falcon economies in the MENA.
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Sports & Recreations

ABU DHABI T10 2023 KICKS OFF IN STYLE!

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ABU DHABI T10 2023 KICKS OFF IN STYLE!

TOM-KOHLER CADMORE’S 27-BALL FIFTY SEALS MASSIVE WIN FOR DECCAN GLADIATORS OVER NEW YORK STRIKERS

Abu Dhabi, 28th November 2023: Deccan Gladiators continued their winning run over New York Strikers in the glitzy opening encounter of the 7th edition of Abu Dhabi T10. The night saw enthralling dance performances, a glamourous fashion show, and with a memorable performance from Tom Kohler-Cadmore, who smashed an unbeaten 68 off 33 balls to help the defending Champions to their first win to kick off the season.

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Featured

Reaching the Last Mile to convene global health leaders at COP28

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Reaching the Last Mile to convene global health leaders at COP28 to drive new commitments to address urgent climate-health challenges

The 2023 Reaching the Last Mile Forum will provide a platform for significant new pledges and partnerships in support of global health

(Abu Dhabi, 28 November)


Reaching the Last Mile, the global health initiative driven by the philanthropy of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, will convene the world’s most influential health leaders at COP28 to announce new commitments and partnerships in support of climate-health action.

The 2023 Reaching the Last Mile Forum will take place on Sunday December 3 within the COP28 Health Day. Held under the patronage of His Highness Sheikh Mohamed bin Zayed, and in partnership with the Bill & Melinda Gates Foundation, it will act to galvanize new momentum towards mitigating the effects of the climate crisis on human health.

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Business & Investments

Wio to Enable Virtual Asset Trading, Powered by Fuze

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Wio to Enable Virtual Asset Trading, Powered by Fuze

  • Wio to enhance its offering for customers with virtual assets investing
  • Collaboration with Fuze’s world-class, regulated digital assets infrastructure

Abu Dhabi, United Arab Emirates – 28 November, 2023: Wio have partnered with Fuze, MENA’s pioneering digital assets infrastructure provider, to empower its customers with cutting edge virtual assets trading services. Customers will be able to buy and sell popular virtual assets directly through Wio Invest.  

Wio Invest allows customers to start investing simply and effortlessly, where users can access thousands of global stocks, ETFs, fractional shares and even UAE IPOs seamlessly in a single, integrated app.

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