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Emirates News Agency – Makhtoum bin Mohammed takes over as Chairman of the Board of Directors and CEO of China Relations

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Emirates News Agency – Makhtoum bin Mohammed takes over as Chairman of the Board of Directors and CEO of China Relations

– China Bank of Communications is preparing to establish a branch in the Dubai International Financial Centre.
– Makhtoum bin Mohammed: Dubai is a model platform for services and financial institutions looking to expand beyond its borders and reach new economies and financial centers.
DUBAI, 21st October, 2017 (WAM) – His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Chairman of the Dubai International Financial Center, today welcomed Ren Dickey, Chairman of the Dubai International Financial Centre. Board of Directors and CEO of Bank of China Communications (BOCOM), one of China’s largest banks.
The meeting, held at the Dubai International Financial Centre, explored ways to enhance cooperation between the two sides in light of Dubai’s great interest in the financial sector and its attractiveness to the global financial and business community. World-class infrastructure and flexible legislative frameworks guarantee an ideal environment for investors to develop their businesses.
The meeting also discussed ways to promote strong financial and economic ties between the UAE and China and support growing partnerships and cooperation between the financial and business sectors in Dubai and China. China Communications Bank is currently preparing to establish a new office in the Dubai International Financial Center to provide a range of financial and banking services and to tap into business opportunities in the region.
At the start of the meeting, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Chairman of the Board of Directors and Chief Executive Officer of China Communications, welcomed and emphasized: “Dubai’s interest in expanding relations with leading financial institutions and its relations with the global financial and business community by providing banks and its various components in the world. strengthen and improve.” With all the merits for excellence, in an effort to achieve more joint successes, and based on the compilation of data, Dubai’s strong commitment to develop its business system in line with the goals of the Dubai Economic Agenda D33 to double the size of Dubai’s economy in the next ten years and strengthen its position among the top 4. Global financial centers. .
His Highness said: “Based on Dubai’s world-leading position, Dubai is keen to develop the future of the financial technology and innovation sector through strong partnerships with the most important international institutions to benefit from the business opportunities available in the region’s fastest growing markets. A global destination for financial services and financial institutions and international A leading hub for banks, financial institutions are expanding beyond their borders and seeking to reach new economies and financial centers.

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His Highness added: “By partnering with and encouraging major financial institutions such as the Bank of Communications of China to operate from DIFC, we aim to not only strengthen Dubai’s position in the global financial sector, but also contribute to providing exceptional opportunities. For development of service sector and industries.” Global Finance.
For his part, the Chairman of the Board of Directors and CEO of China Connections expressed his confidence in the distinguished and unique financial services offered by Dubai as a leading global financial center. A major hub for financial services in the region and the world, opening the way for… international companies and organizations working in this sector to improve their business and expand the scope of their services in the region, which increases their chances of success and growth.
The meeting was attended by His Excellency Mohammed bin Hadi Al Husseini, Minister of Financial Affairs His Excellency Helal Saeed Al Marri, Director General of Dubai Economy and Tourism, and His Excellency Isa Qasim, Governor of Dubai International Finance. Center, and Arif Amiri, CEO of the Dubai International Financial Center Authority.
It is noteworthy that the Bank of Communications of China was founded in 1908, and is one of the four oldest banks in China, and one of its largest in terms of total assets and market value. The bank received its business license from the Dubai International Financial Center in August 2023, marking a major milestone in its commitment to expand its presence in the region. With more than a century of heritage, Bank of China seeks to strengthen its presence in the UAE and the Middle East region, benefiting from Dubai’s strategic location and advanced infrastructure.
Headquartered in Shanghai, China, the bank offers personal banking and international corporate banking solutions. The bank’s net profit for the first half of 2023 rose 4.51% year-on-year to $6.32 billion. The bank has more than 90,000 employees worldwide and operates approximately 250 branches in China, 23 overseas banking branches and 69 overseas banking outlets in the United States, Asia, Australia and Europe.

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Imad al-Ali

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A 4,000-tonne Emirati aid ship departed from Fujairah in support of the Palestinian brothers.

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A 4,000-tonne Emirati aid ship departed from Fujairah in support of the Palestinian brothers.

An Emirati aid ship loaded with 4,016 tons of humanitarian supplies left this afternoon for Al-Arish in preparation for their entry into the Gaza Strip, as part of the humanitarian operation “Qaland Night 3” implemented by His Highness. Sheikh Mohammed bin Zayed Al Nahyan, head of state, “may God protect him”, to support the people, brother Palestinians in the Gaza Strip..

The ship, which departed from Fujairah port, carried 3,465 tonnes of food, 420 tonnes of shelter and 131 tonnes of medical aid, both donated by the Khalifa bin Zayed Al Nahyan Foundation and the Foundation for Humanitarian Affairs. The Zayed Bin Sultan Al Nahyan Foundation, in addition to the Emirates Red Crescent Authority, for charitable and humanitarian work..

The Head of State, Sheikh Mohammed bin Zayed Al Nahyan, may God protect him, last November 5 ordered the Joint Operations Command of the Ministry of Defense to launch “The Gallant Night 3”, a humanitarian operation to support the Brotherhood. Humanitarian support to the Palestinian people, in cooperation with humanitarian agencies in the country..

The UAE’s total aid to the fraternal Palestinian people before December 1 was more than 2,681 tons, while the total number of aircraft in the UAE airlift reached 92 aircraft..

The UAE’s commitment embodies the values ​​of solidarity and synergy with the brotherly Palestinian people, based on a long history of relief and humanitarian work during which the UAE is keen to provide all possible support..

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As aggression on Gaza resumes… Withdrawal, withdrawal, condemnations from climate conference in Dubai

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As aggression on Gaza resumes… Withdrawal, withdrawal, condemnations from climate conference in Dubai

A devastating Israeli resumption of war in Gaza on Friday overshadowed the United Nations Climate Change Conference (COP28) in Dubai, with some delegates walking out, leaders canceling their speeches and others not attending the event.

In his speech, Turkish President Recep Tayyip Erdogan said, “As a result of Israel’s occupation, we cannot avoid facing the humanitarian crisis in our neighboring Palestinian territories, which cannot be justified under any circumstances.” He considered it a “crime against humanity and a war crime”.

In turn, the presidents of Colombia and Cuba described the war as “genocide”.

The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, was not included in the final list of speakers after his name appeared.

Saudi Crown Prince Mohammed bin Salman was scheduled to be the first speaker, but did not attend the summit.

“As we see in the region, conflicts are causing great suffering and emotion,” UN Secretary-General Antonio Guterres said at the summit. “We heard reports of renewed bombs in Gaza.”

Iranian delegates walked out of the conference in protest at the sudden Israeli presence, which the head of the delegation, Energy Minister Ali Akbar Mehrabian, described as “contrary to the goals and directions of the conference.”

Iranian official media reported on Thursday that President Ibrahim Raisi would not attend the conference and that Mehrabian would act in his stead.

Iraqi President Abdul Latif Rashid used his speech to condemn the aggression against Gaza, calling on the international community to “stand firm”.

A war against innocent people

South African President Cyril Ramaphosa said his country was “appalled by the ongoing tragedy in Gaza, and that the war against innocent people in Palestine is a war crime that must stop.”

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Other leaders have also criticized the war in Gaza, but Egyptian President Abdel Fattah al-Sisi has not spoken about it.

Israeli President Isaac Herzog canceled his speech, a day after Palestinian President Mahmoud Abbas canceled his participation in the conference, as the war in Gaza dominated the conference’s deliberations.

So far, the Israeli occupation of Gaza has led to the fall of more than 15,000 martyrs, most of them women and children.

Israel says 1,200 Israeli soldiers and settlers have been killed as a result of Operation Al-Aqsa flooding, which was launched by the opposition on October 7 last year in settlements around Gaza.

The Palestinian opposition said the move came in retaliation for crimes of aggression against civilians in the West Bank and Gaza and the desecration of the blessed Al-Aqsa Mosque.

It is noteworthy that the United Arab Emirates, the host country of the conference, is one of the Arab countries that signed default agreements with Israel in 2020.

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Dubai Municipality adopts 7 pledges to ensure sustainability

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Dubai Municipality adopts 7 pledges to ensure sustainability

Dubai Municipality adopted seven strategic commitments to ensure sustainability in its current and future projects, while it provided a sustainable model for government sites, within the activities of the COP28 conference, by building its site using 3D printing from sustainable, eco-friendly materials.

Marwan Al-Janahi, an engineer at the building licensing department of Dubai Municipality and one of the supervisors of the municipality’s platform at “COP 28”, said the seven commitments are climate neutrality, increasing the area of ​​reserves, and doubling green areas. , achieving complete sustainability of buildings, sustainability of sanitation and achieving zero waste, in landfills, in addition to complete treatment of wastewater in the emirate.

Al Janahi added that the Emirate of Dubai is working to achieve a “zero” percentage of waste in buildings, noting that the amount of construction waste recorded by the Emirate of Dubai in 2019 was 65 million tonnes, of which around 15 million tonnes were generated. Thrown in the waste, the rest was recycled.

He stressed that Dubai has succeeded in achieving the concepts of a sustainable economy through the Dubai Green Building System and following the Al Safaat method of constructing buildings in the emirate in accordance with green building standards and requirements.

He pointed out that during COP 28, the municipality is highlighting a set of projects and initiatives dedicated to promoting sustainable pathways in Dubai, such as the Digital Twin Project for the City of Dubai and the use of advanced technology, including applications of artificial intelligence. , the Safat system for assessing the carbon footprint of buildings in an urban environment, reducing and sequestering waste, reducing and eliminating emissions from the source, and assessing green buildings. Dubai Municipality supports the COP28 conference, hosted by the UAE, as a turning point for achieving concrete progress on global climate action, with a focus on achieving sustainable economic and social development, promoting cooperation, partnerships and coordinating climate action efforts. To reflect the organizational values ​​of participation, positivity, competition and efficiency.

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On the sidelines of the conference, Dubai Municipality organized a series of interactive workshops promoting international participation from different parts of the world, on key topics such as imagining best sustainable practices and awareness of eco-friendly practices. Several dialogue sessions hosted by the global event, experts speak, present the results of its many strategic initiatives in the fields of evaluating, classifying and rewarding international, green building practices, establishing laboratories supporting the sustainability of future cities, and benefiting from data analysis.

7 Affirmations

– The climate is neutral.

– Increase in reserve area.

– Doubling of green areas.

– Achieving complete sustainability of buildings.

– Sustainability of healthcare.

– Filtration of waste in garbage cans.

– Complete sewage treatment in the emirate.

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