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Emirates News Agency – The Abu Dhabi Export Office has signed a revolving finance program agreement with the Egyptian government to supply wheat worth $100 million over 5 years.
Tuesday, August 15, 2023 – 3:27 pm
ABU DHABI, 15th August, 2020 (WAM) — Abu Dhabi Office for Exports (ADEX), affiliated with the Abu Dhabi Fund for Development, has signed agreements with the Ministries of International Cooperation and Finance and the General Authority for Supplies. In the Arab Republic of Egypt, for an annually renewed $100 million revolving financing scheme for a further 5 years, with a total funding of US$500 million, for the supply of wheat and strategic commodities to the General Authority through the Emirati Agricultural Al Tahra Company.
His Excellency Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Development Fund and Chairman of the Executive Committee for Exports of the Abu Dhabi Office for Exports, signed the agreements in the UAE. On the Egyptian side, Dr. Rania Al Mashad, Minister of International Cooperation, signed the Framework Agreement, and Finance Minister Dr. Mohamed Moyed, signed the Funding Guarantee Agreement, and Ahmed Youssef Mansour, Deputy Chairman of the General Commission for Supplies, signed the Funding Agreement.
The signing ceremony was attended by Khalil Fadel Al Mansouri, Acting Director General of the Abu Dhabi Export Office and several senior officials from both countries.
Speaking at the ceremony, His Excellency Mohammed Saif Al Suwaidi said: This agreement represents a precedent for the excellent relations between the United Arab Emirates and the Arab Republic of Egypt. The agreement also comes in light of efforts by the Abu Dhabi Fund for Development to maintain strategic cooperation with the Egyptian government, and the agreement helps expand the volume of trade to achieve economic benefit. Both countries.
The partnership between the Office of Exports in Abu Dhabi, the General Authority for Distribution Commodities and Al Tahra Agricultural Company will contribute to strengthening the strategic presence of basic agricultural crops to ensure food security in the Egyptian market and in Abu Dhabi. The Export Office will work through this agreement to provide credit facilities that enhance the availability of exports.” Emirati companies in regional and global markets contribute to the diversification of the UAE economy and increase its growth prospects.
Dr. In her opinion, Rania Al-Mashad explained that the new agreement reflects the deepening of strategic relations between Egypt and the UAE and reflects the interest in promoting economic integration and advancing joint development efforts. The local market for wheat will be met in the light of the Egyptian government’s actions. The agreement to conclude indicates international cooperation, cooperation between ministries of finance and supply, continuous coordination and technical cooperation to improve food security through soft development funds.
The Minister of International Cooperation praised the development cooperation relations with the Abu Dhabi Fund for Development, which was launched in 1974, and which has resulted in the financing of more than 20 projects worth about 4.5 billion dirhams in various priority sectors that benefit citizens. , the health, housing, transport and agricultural development sectors, the UAE has funded the opening of 25 silos in 17 governorates to increase wheat storage capacity by 1.5 million tonnes, and the coming period will see discussions on many areas of future cooperation. Illumination of Egypt’s development priorities and Egypt’s Vision 2030 implementation.
Al Tahra Group CEO Arnaud van den Berg said, “Al Tahra is working to meet the growing demand for food products in countries around the world and this agreement is in line with our goals and commitment to achieve them.” Food security for the countries we invest in, including the Arab Republic of Egypt In the last three years, Al Tahra Agricultural Company has supplied more than 180 thousand tons of wheat to the Egyptian market at competitive prices. , which allowed us to become the largest supplier of wheat from the private sector to the General Authority for Supply in Egypt.
Al Tahra Company cultivates 28 thousand hectares of staple crops and fodder to ensure the sustainability of food security in Egypt, and 85% of food products are supplied locally by Al Tahra farms, which has contributed to reducing the burden of external imports. The global production of grains and oilseeds at the Egyptian government and company level is about 600 thousand metric tons.
It is noteworthy that the Abu Dhabi Office for Exports, established by the Abu Dhabi Fund for Abu Dhabi Development in 2019, works to promote national exports through the financial solutions it provides, with the aim of helping Emirati companies expand and improve their business scope. Their competitiveness to access global markets.ADX offers guarantees to procure goods and services from Emirati exporters. Development of national economy and diversification of sources of income.
Emad al-Ali / Ahmad al-Nu’imi
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Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, said, “Artificial intelligence, no matter how advanced its technologies, will not completely replace the journalist in the future, but it will play an important role. In creating and disseminating content,” emphasizes the need to develop tools for global, individual and organizational preparation for a new era.
Scientists said during a session on “How artificial intelligence will affect the media personality” within the activities of the Arab Media Forum that by 2025, 90% of content will be created by artificial intelligence, as smart systems compete. Humans are involved in creating content, but human intervention is necessary to deliver content. Compliance with standards and regulations. He pointed out that the future will see a trend of media professionals creating and publishing their content through digital platforms, which provide ten times more reach than traditional channels, in addition to providing an exciting aspect of audience engagement. Serve as a facilitator to accelerate initiatives, analyze media data, and support creative ideas.
The media will see radical change in the way media professionals operate, he said, but the search for truth will be a fundamental skill that differentiates human elements from artificial intelligence, citing the most important variables affecting media content. “Instant Artificial Intelligence, Creating Images and Pictures, and Deep Fakes.”
Studies have confirmed a 66% increase in the use and experience of artificial intelligence applications in the UAE, and have demonstrated that artificial intelligence increases productivity by 50%.
The session saw a virtual conversation produced using artificial intelligence with the late author and poet Ghazi Al-Khosaybi, during which he discussed the most important challenges of media work in light of the development of artificial intelligence technologies.
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Emirates News Agency – Haifa Abu-Ghazaleh: We are counting on a lot at “COP28” to reach recommendations that will contribute to solving pressing environmental problems.
Tuesday, September 26, 2023 – 9:27 am
Cairo, September 26 / WAM / Assistant Secretary-General for Social Affairs of the League of Arab States, Dr. Haifa Abu-Ghazaleh, confirmed that the “COP28” climate conference hosted by the United Arab Emirates is the biggest climate. events in the world, and for this reason we intend a lot to create the outcomes of the summit.
Abu Ghazaleh Emirates News Agency reports to WAM that the participation of the Arab region in the ongoing negotiations on how to deal with the crises resulting from climate change is by hosting the “COP27” climate summit in the city of Sharm el, Arab Republic of Egypt. -Sheikh last year, and hosted the United Arab Emirates’ “COP27” climate summit. COP28 “emphasizes the important role played by our Arab countries in the field of climate action this year and the world’s interest in the proposals and initiatives presented by Arab countries to combat the negative effects of climate change.”
He warned of the severity of these effects, which have a frequent and direct impact on citizens, and said that our Arab region is close to the negative effects of forest fires, droughts and floods. Global warming, water scarcity and food crises, the world must come together to solve them.
He noted that the UAE is witnessing a comprehensive growth renaissance in all sectors, especially in the environment and renewable energy sector, and we look forward to completing its active role in the Arab region.
On the occasion of the “COP28” summit, he pointed to the participation of the League of Arab States in activities held in collaboration with the General Women’s Association in the Emirates.
WAM Correspondent – Egypt
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Member of the Board of Directors of Mohammed Bin Rashid Library Foundation Dr. Mohammed Salem Al Mazrouei affirmed that the library is keen to provide an environment of excellence and promote the knowledge and cultural scene and movement in the UAE. Researchers and students should invest their potential to create a more prosperous future for future generations.
This came on the occasion of the Government of the Library and Mohammed Bin Rashid College signing a memorandum of understanding to promote joint collaboration in the fields of supporting scientific research and disseminating culture and knowledge at the national level. The memorandum is signed by Mohammed Al Murr, Chairman of the Board of Directors of Mohammed Bin Rashid Al Maktoum Library Foundation and Dr. Ali Bin Seba Al Marri, CEO of Mohammed Bin Rashid Government College. The framework of interest of both parties is to improve the cultural and educational environment in the UAE and to provide an environment that encourages… Work on organizing mechanisms to improve intellectual content and promote science, explore, research and develop knowledge. Research among members of the community.
Cultural movement
Al Mazrouei said, “This MoU reflects our joint commitment to develop cultural and scientific infrastructure and promote the knowledge and cultural scene and movement at the national level. It reflects our future and our passion to achieve sustainable goals. Students and researchers to make full use of their potential, ‘we’ An environment that will help develop their educational preferences in a way that supports the vision of UAE 2031 and our plan for the next 50 years contributing to creating a more prosperous future for future generations.” Collaboration between local educational and cultural institutions is a key and important step towards achieving excellence and innovation, culture, education and knowledge. cementing the UAE’s position as a leading global center of economy.”
New station
On his part, Mohammed Bin Rashid Government College CEO Dr. Ali bin Seba Al Marri said, “The signing of the Memorandum of Understanding is a new step in strengthening the strategic vision of the college. To provide an integrated system of education and training programs, research and studies, which are in line with the highest standards.” and international practices, while at the same time equipping leaders with the best skills and abilities to meet the challenges.Innovating in providing governance structures that enhance leadership in the future and government performance.
He pointed out the college’s constant interest in creating strategic partnerships for excellence in the field of education and knowledge, which stems from providing an academic and academic environment that meets the aspirations and needs of all those affiliated with the various programs in the college. Researchers and academics in general point out that cooperation with this institution has an important place in the arena of knowledge and will contribute to opening doors for more initiatives and activities aimed at establishing a culture of research and knowledge among members of society. The MoU includes developing mechanisms to enhance cooperation between the two sides, exchange knowledge resources, provide support for research projects and organize joint events and activities to meet the aspirations and needs of students and stakeholders from various knowledge communities.
Recent posts
The MoU stipulates that the Muhammad Bin Rashid Government College, Muhammad Bin Rashid Library will be provided with latest publications, research papers, conference papers and other publications as permitted by the college’s copyright. Displayed in the corridors of the library and made available to those interested.
Muhammad Al Mazrui:
“Collaboration between local educational and cultural institutions is a vital and important step towards achieving excellence and innovation.”
Ali Al Mari:
“This step opens the door to further efforts aimed at establishing a culture of research and knowledge in society.”
“Freelance alcohol fan. Coffee maven. Musicaholic. Food junkie. Extreme web expert. Communicator.”
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