CAIRO, 30th April, 2024 (WAM) – Make A Wish Foundation UAE has fulfilled the wishes of nine children at Abu ElReesh Japanese Children’s Hospital in the Egyptian capital, Cairo.

The ceremony was attended by Mariam Al Kaabi, UAE Ambassador to the Arab Republic of Egypt; Saleh Al Saadi, Deputy Ambassador of the UAE to Cairo; Hani Al Zubaidi, the CEO of Make-A-Wish Foundation UAE; Dr. Hossam Salah Murad, Dean of the Faculty of Medicine – Cairo University; Dr. Rasha Gamal, Director of Abu ElReesh Japanese Children’s Hospital; and Noha Elshorbagy, Head – Projects and Programmes, Make-A-Wish Foundation.

Ambassador Al Kaabi along with the Foundation’s team made a variety of dreams come true for the children, including iPhones, tablets, large TV screens, and more.

Al Zubaidi expressed his thanks and appreciation to the UAE Ambassador and those in charge of the UAE Embassy in Cairo for their significant contributions to the Foundation’s activities and initiatives, and for bringing a smile to the faces of sick children by creating a festive atmosphere that instilled hope and optimism in them and their families.

“Our presence in the Arab Republic of Egypt to fulfill the wishes of children suffering from serious and chronic diseases clearly shows the noble humanitarian efforts of the United Arab Emirates, which always strives to spread feelings of happiness and hope among all segment of society without discrimination,” he added.

Al Zubaidi also expressed his thanks and appreciation to those in charge of the hospital in Cairo for their continuous cooperation with the Foundation, praising their commitment to providing the highest standards of health and healthcare for children suffering from serious and chronic diseases.

RABAT, 1st May, 2024 (WAM) – Shaikh Al Mahfoudh bin Bayyah, Secretary-General of the Abu Dhabi Forum for Peace, has discussed ways to cooperate on promoting AI ethics concepts with Ghita Mezzour, the Moroccan Delegate-Minister to the Head of Government in charge of Digital Transition and Administration Reform.

The meeting, held in Rabat, emphasised the importance of building bridges to deepen research on the actual and expected impacts of AI on human societies, considering the Forum’s role in establishing the first AI and civil society committee.

The meeting also highlighted the need to draw inspiration from universal and human values to ensure that scientific progress in this field becomes a lever for human dignity, peace values, and the meanings of a decent life.

The discussion included also ways to address the challenges that may accompany the rapid development of the technological world, especially those related to ethical and legal aspects, in the context of a positive investment in modern technologies.

The Forum is the first Islamic organisation to join Rome Call for AI Ethics, which was signed in Rome in January 2023.

The joint signature of the Rome Call for AI Ethics, in January 2023, by the Abrahamic Religions (Shaikh Al Mahfoudh Bin Bayyah, Archbishop Vincenzo Paglia, and Chief Rabbi Eliezer Simha Weisz) symbolised the shared responsibility across global faith communities.

ABU DHABI, 1st May, 2024 (WAM) — Al-Jundi Journal, issued by the UAE Ministry of Defence, has published its new May 2024 issue No. 604 in Arabic and English. It examined several vital topics, along with the most significant news related to the Ministry of Defence and the UAE Armed Forces.

Under the title “Nation Building and Citizen Welfare”, Al-Jundi said in its editorial, “The UAE’s wise leadership is paying considerable attention to the youth of the nation, especially those enrolled in national service, as the happiness of citizens, societal well-being, and the development of Emirati individuals remain the top priorities for the leadership.”

Al-Jundi stated that the National Service Career Fair in the UAE underscores the commitment to citizens’ welfare, particularly those in national service, serving as a platform connecting cadets, reservists, and entities from different sectors, offering Emirati youth new skills and job market exposure.

The new issue highlighted the most prominent political, military, and security events, new weapons, and scientific and technological developments achieved by modern technologies and artificial intelligence (AI) in the military field.

The Journal’s main file section of this issue was titled “Naval Forces’ Combat Capabilities.” In its “Studies and Analyses” section, it featured a study titled “Land Forces Sector Digitisation” and another study titled “War Photography and Graphics: Depicting the Challenges of Modern Wars and Complex Conflicts.”

Furthermore, it dedicates sections to the opinions and analyses of elite Emirati and Arab writers, who discuss various issues and matters of interest to readers.

Founded in 1973, Al Jundi’s first issue was published in October, covering studies, research, reports, and specialised military files of interest for its followers in the UAE, the Arab region and the world.

SHARJAH, 1st May, 2024 (WAM) — The Sharjah Calligraphy Biennial has begun receiving submissions for participation in its eleventh edition, set to commence in October of the upcoming year.

Under the patronage of H.H. Dr. Sheikh Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the event is organised by the Cultural Affairs Department at the Department of Culture in Sharjah and will span over a two-month period, featuring contributions from local, Arab, and international participants.

The Biennial’s executive committee had previously selected “Taraqim” as the theme for the 11th edition and opened submissions for artists. The committee has received calligraphic works from artists hailing from various countries worldwide, encompassing a spectrum from traditional to modern styles, in preparation for the screening committee’s selection process, which is scheduled for the current month of May. Following this process, the chosen artworks will be featured in the Biennial.

Mohammad Ibrahim Al Qaseer, Director of the Cultural Affairs Department at the Department of Culture in Sharjah and the Biennial’s Director, remarked, “The Biennial has evolved into a global platform, thanks to the generous support and patronage of His Highness the Ruler of Sharjah, positioning it as a bridge that brings cultures closer together.”

Al Qaseer emphasised that the submission of numerous calligraphic works from diverse countries underscores the Biennial’s global stature, which opens its doors to embrace the creations of artists, noting that the selected works embody the vision and spirit of the event, renewing the presentation of Arabic calligraphy in an innovative manner.

The main prize for the Biennial amounts to US$15,000, in addition to three prizes for the “Traditional” category, each valued at US$8,000, and three prizes for modern calligraphic arts, also valued at US$8,000 each. Furthermore, a special prize of the judging committee for Emirati calligraphers is worth US$8,000.

The general exhibition in the Biennial comprises two sections: “Traditional” and “Modern Calligraphic Arts.” The former highlights traditional and diverse styles, requiring adherence to artistic and aesthetic traditions in crafting traditional calligraphic artworks, utilising various known artistic formats such as circular compositions, squares, rectangles, decorations, Diwani scripts, and Kufic scripts.

The latter section encompasses modern calligraphic arts, including letter-based artworks, sculptural works, spatial compositions, as well as conceptual and installation arts, employing various artistic tools.

ABU DHABI, 30th April, 2024 (WAM) — The Central Bank of the UAE (CBUAE) revealed in a report issued today an increase in cash deposits to AED725.8 billion in February 2024, with an annual increase of 11 percent or the equivalent of AED71.2 billion, compared to AED654.6 billion in February 2023.

The Central Bank’s cash aggregates statistics explained that cash deposits increased on a monthly basis by 1.92 percent or the equivalent of AED13.7 billion, compared to about AED712.1 billion in January 2024.

The Central Bank stated that quasi-cash deposits rose to AED1.258 trillion in February of 2024, with an annual increase of 27.4 percent, compared to AED987.4 billion in February 2023, an increase equivalent to AED270.3 billion.

The Central Bank pointed out that quasi-cash deposits increased on a monthly basis by about 5 percent or the equivalent of AED59.4 billion, compared to about AED1.198 trillion in January of 2024.

According to the Central Bank, quasi-cash deposits are term deposits and savings deposits in dirhams for residents in addition to deposits by residents in foreign currency. Cash deposits, on the other hand, are defined as all short-term deposits that a bank customer can withdraw without prior notice.

Central Bank statistics showed that government deposits increased to AED430.3 billion in February of 2024, with a year-on-year growth of 11.1 percent, compared to AED387.3 billion in February 2023, an increase equivalent to AED43 billion.

The statistics also highlighted an increase in the money supply to approximately AED139.4 billion at the end of February 2024, with a year-on-year increase of 12.8 percent, compared to about AED123.6 billion in February 2023. Moreover, it increased by 3.1 percent on a monthly basis, compared to AED135.2 billion in January 2024.

The money supply is distributed as AED18.2 billion for cash in banks and AED121.2 billion for circulating cash outside banks by the end of February 2024.

In a related context, Central Bank statistics showed an increase in the monetary base on an annual basis by 28.3 percent to reach AED689.5 billion in February 2024, compared to about AED537.4 billion in February 2023, an increase equivalent to AED152.1 billion. Additionally, it increased by about 3 percent on a monthly basis compared to AED670.9 billion in January 2024.

The monetary base includes approximately AED257 billion for cash certificates and Islamic deposit certificates, AED111 billion for current accounts for banks and other financial institutions at the Central Bank, as well as overnight deposits for banks at the Central Bank, and AED139.4 billion for the money supply. This includes circulating cash outside banks in addition to cash in banks and a reserve account of AED182.1 billion.

The Central Bank attributed the main reason for the monthly increases in reserve accounts, current accounts, and overnight deposits for banks at the Central Bank, starting from April 2023, to the increase in the banks’ reserve requirements for demand deposits from 7 percent to 11 percent.

• SHARJAH, 30th April, 2024 (WAM) — H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of the Sharjah Executive Council (SEC), chaired the council meeting held in the office of the Ruler on Tuesday.
• During the meeting, the council discussed general government topics as part of its weekly monitoring of various affairs in the emirate of Sharjah. SEC reviewed the work progress in government departments and entities, and discussed plans and proposals that contribute to supporting all sectors and enhancing societal stability.
• The council issued a decision on Home Nursing Service in the emirate of Sharjah. The decision includes several amendments, such as increasing the total family income for beneficiaries of the home nursing service as Sharjah Social Services Department will contribute to covering a percentage of the service costs for families whose income exceeds AED 17,500 in order to provide opportunities for more beneficiaries and support the stability of Emirati families.
• The decision also states the establishment of a permanent medical committee in the emirate called the “Medical Committee for Home Nursing Service,” which will be under the supervision of Sharjah Social Services Department.
• The council will issue a decision to form the committee, appoint its chairman, name its members, determine their allowances, and establish its working system.
• The committee is responsible for the following:
• 1- Developing the conditions, regulations, categories, standards, and organised procedures for the home nursing service and determining the beneficiaries of the service in the emirate.
• 2- Approving medical reports issued by licensed and accredited hospitals and healthcare institutions in the country, determining the applicant’s need for temporary or permanent home nursing, specifying the coverage duration, and the required nursing services based on the approved conditions and requirements.
• 3- Evaluating the continuity of home nursing service for beneficiaries every six months from the start of the service, based on the reports submitted to the committee.
• 4- Establishing the conditions and regulations for suspending and cancelling the home nursing service for beneficiaries.
• 5- Investigating on medical and technical complaints on the home nursing service, and addressing violations committed by service providers.
• 6- Undertaking any other tasks assigned by the council.

ABU DHABI, 30th April, 2024 (WAM) — UAE banks’ investments exceeded the AED650 billion mark by the end of February 2024, reaching its highest level in history, according to the latest statistics from the Central Bank of the UAE (CBUAE).

Statistics from the Central Bank, released in today’s Banking Indicators Report, showed a 20.6 percent year-on-year increase in investments of banks operating in the country, reaching AED652.7 billion by the end of February 2024, compared to about AED541.4 billion in February 2023, an increase equivalent to AED111.3 billion over 12 months.

According to the Central Bank, bank investments increased by 2 percent on a monthly basis compared to AED640.1 billion in January 2024, an increase equivalent to AED12.6 billion in one month. Additionally, they increased by about 2.9 percent since the beginning of the current year, or the equivalent of AED18.3 billion, compared to about AED634.4 billion at the end of the previous year.

As of the maturity date, held-to-maturity bonds accounted for the largest share of bank investments, reaching approximately 49.1 percent with a value of AED320.6 billion by the end of February 2024. This represented a monthly increase of 3.02 percent and a yearly increase of about 39.2 percent.

Banks’ investments in securities representing debts to others, specifically “debt bonds,” constituted around 40.9 percent of total investments, reaching AED267 billion by the end of February 2024. This marked a monthly increase of about 1.3 percent and a yearly increase of 7.3 percent.

Bank investments in stocks reached AED15.8 billion in February 2024, indicating a yearly increase of approximately 31.7 percent compared to AED12 billion in February 2023. However, there was a monthly decrease of 1.25 percent compared to around AED16 billion in January 2024.

Other investments for banks amounted to approximately AED49.3 billion at the end of February 2024, which is the same figure recorded in the previous month of January.

ABU DHABI, 30th April, 2024 (WAM) – The Joint Weather and Tropical Assessment Team have met to discuss recent weather developments and their potential impact on the country.

The National Emergency Crisis and Disaster Management Authority (NCEMA) led the meeting, which included representatives from the Ministry of Interior (MoI) and the National Center for Meteorology (NCM) and other competent government departments.

They emphasised the importance of maintaining business continuity plans and closely monitoring the ongoing weather situation to ensure public safety and minimise disruptions.

The NCM reported that the current weather event is less severe than the previous one, expecting country to experience local convective rain clouds during the day from today, Tuesday, until tomorrow, Wednesday. There is a possibility of small hail falling in the eastern regions and extending to some internal and western regions. From Wednesday night to Thursday, the NCM expects moderate to heavy rain to fall in scattered areas, accompanied by occasional lightning and thunder. There is also a possibility of small hail, concentrated in the western regions, on the coasts, and in some eastern areas.

On Friday and Saturday, cloud quantities will decrease, with the possibility of continuing light to medium rain, which may be heavy in some southern and eastern regions.

For their part, the MoI affirmed that the Supreme Committee for Internal Security, headed by the Undersecretary of the Ministry, is maintaining full coordination with the Joint Weather and Tropical Assessment Team, continuously monitoring the developments and updates of the weather situation, to assess all expected impacts of the situation and its consequences on the areas that may be affected by the country, especially since the country is passing through the recovery phase from the previous weather situation.

The Ministry pointed out that it has taken all proactive measures to support response operations, with the necessary resources and capabilities in the areas that are likely to be affected by the weather situation, which is expected to have a moderate to high impact on different parts of the country, in addition to the readiness of response plans and business continuity plans for vital sectors.

Prioritising the safety of the community and protecting lives and property, the MoI urges the public to exercise caution, adhere to safety standards and guidelines, comply with the directives of the competent authorities, refrain from circulating rumours, and rely on official sources for information.

In preparation for the weather conditions, the Ministry of Energy and Infrastructure has taken all necessary measures to ensure the safety of infrastructure, notably roads, as well as the safety of dams, while enhancing their efficiency in water storage. These measures include draining water to reduce pressure and accommodate new rainfall, and cleaning water drains. The Ministry affirmed that the advanced systems and modern technologies used in dam management play a vital role in enhancing their efficiency and enabling rapid decision-making during the monitoring of rainwater flows, floods, and flash floods in valleys.

The Ministry further emphasised the utilisation of modern technology in the process of analysing and calculating water flow rates, quantities, and depths with high accuracy. This data is then transmitted to the Ministry’s control and monitoring unit for processing and analysis.

SHARJAH, 28th April, 2024 (WAM) — Sharjah Chamber of Commerce and Industry (SCCI) has engaged in high-level discussions with an economic delegation from Hong Kong General Chamber of Commerce (HKGCC) to explore potential avenues of investment cooperation between the two sides.
The discussions delved into the viable opportunities available to foster economic partnerships between the two nations, outlining strategic areas of collaboration that cater to the needs of businessmen and investors in both Sharjah and Hong Kong.
During a meeting held at the SCCI’s headquarters on the sidelines of the Hong Kong delegation’s visit, both sides also discussed ways to enhance and boost joint efforts in key potential economic sectors, with a particular focus on renewable energy, technology, real estate, and e-commerce.
The meeting was attended by HE Mohammed Ahmed Amin Al Awadi, Director-General of SCCI, and HE Jonathan Lamport, Chairman of the Asia, Africa, and Middle East Committee at HKGCC.
Also present were Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector in SCCI; Jamal Saeed Bouzanjal, Director of Corporate Communication Department at SCCI, and Hamad Al Shamsi, Regional Investment Promotion Manager at Sharjah Foreign Direct Investment (FDI) Office “Invest in Sharjah”.
The gathering also welcomed a number of government officials and representatives of Sharjah government agencies and institutions, alongside a crowd of businessmen from leading commercial, food, and industrial firms in the UAE and Hong Kong.
The visiting Hong Kong delegation featured representatives from various specialised companies operating in key strategic sectors, including renewable energy, real estate, food, financial services, building materials, healthcare, e-commerce, architectural engineering, and textile manufacturing.
Al Awadi emphasised that the meeting underscores the Sharjah Chamber’s steadfast commitment to bolster economic ties and trade exchange between the Emirate of Sharjah and global markets in the Asia-Pacific region.
He noted that the Sharjah Chamber seeks to attract Hong Kong-based companies to establish operations in Sharjah, thereby contributing to the cultivation of robust bilateral relations between the UAE and Hong Kong, which have experienced significant growth in recent years.
In the first half of 2023, the trade volume between the UAE and Hong Kong reached $7.98 billion, witnessing a notable growth of 8.3% compared to the corresponding period of the preceding year (2022).
For his part, HE Jonathan Lamport lauded the Sharjah Chamber for the warm welcome and reception it extended to the Hong Kong delegation during their visit to the emirate, reinforcing Sharjah’s stature as a pivotal economic and commercial hub, both regionally and globally, and as a preferred destination for the Hong Kong business community, in particular.
He elucidated that the Asia, Africa, and Middle East Committee, which is affiliated with the Hong Kong General Chamber of Commerce, is entrusted with introducing programmes, information, and insights to its members who seek to develop and enhance trade relations with countries across Asia, Africa, and the Middle East.
Underscoring the significance of the Sharjah Chamber meeting with the Hong Kong delegation, HE Abdul Aziz Al Shamsi pointed out that it served as a distinguished platform to enhance economic cooperation between the two nations.
It also helped businessmen and investors from both sides implement joint projects and ventures. This, in turn, would foster trade exchange between the two countries, facilitating the establishment of leading partnerships in various economic sectors.
Abdul Aziz Al Shamsi affirmed that Sharjah offers manifold strategic advantages for Hong Kong-based businesses to expand into the region’s markets. These advantages include lucrative investment incentives and promising opportunities tailored to businessmen and investors worldwide, empowering them to attain further success and progress within the emirate’s domain.
During the meeting, Hamad Al Shamsi, Regional Investment Promotion Manager at Sharjah Foreign Direct Investment (FDI) Office “Invest in Sharjah”, showcased to the Hong Kong delegation and business leaders the premium investment opportunities available in the Emirate of Sharjah.
He outlined key sectors offering lucrative prospects to attract foreign investments and startups from around the world to the emirate’s markets. These sectors encompass tourism, culture, logistics, green technology, healthcare, human capital and innovation, advanced manufacturing, and agricultural technology.
Hamad Al Shamsi added that the Emirate of Sharjah, which hosts around 60,000 small and medium-sized enterprises, secured foreign investments amounting to $291.20 million in 2022.