The UAE's foreign aid contributions in the year 2018 exceeded AED28.5 billion, and reached 42 countries.
That's according to the annual report released by the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) on Thursday, which added how the contributions have placed the country as one of the world’s largest donors.
It continued to support the 17 Sustainable Development Goals in 2018, with more than half of the nearly AED28.62 billion disbursed going towards peace and justice, economic growth and poverty elimination initiatives.
Commitments made by the UAE in 2018 to global development and humanitarian assistance in numerous countries, including 14 Least Developed Countries (LDCs), reached AED10.33 billion. These include emergency health, transportation, education, power generation, medical, and food aid offerings, among others.
The Environment Agency – Abu Dhabi, (EAD) has announced that Abu Dhabi will be the first in the Middle East and North Africa (MENA) region to implement the Enhanced Transparency Framework (ETF) on a subnational level, following last year’s national level launch by the Ministry of Climate Change and Environment (MOCCAE).
The COP29 Presidency announced on Saturday the end of the decade-long wait for the conclusion of negotiations on high integrity carbon markets under Article 6 of the Paris Agreement.
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10 per cent of its business, and no other firms in the conglomerate are accused of wrongdoing, the group's CFO said on Saturday.
The UAE government has launched the Know Your Customer (KYC) digital platform, aimed at providing accurate, confidential data for financial transactions.
Volkswagen's union said it was gearing up for strikes across German factories from December 1 after talks over wages and unprecedented factory closures at Europe's largest carmaker failed to achieve a breakthrough on Thursday.