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Makhtoum bin Mohammed: Dubai is strengthening its partnerships with major financial institutions and global banking services firms

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Makhtoum bin Mohammed: Dubai is strengthening its partnerships with major financial institutions and global banking services firms

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Chairman of the Dubai International Financial Center, welcomed the Chairman and Chief Executive Officer of JPMorgan Chase Bank, the country’s largest bank, yesterday. The World by Market Value, Daniel Bento.

During the meeting, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum emphasized the importance Dubai attaches to the financial sector and its keenness to strengthen cooperation and partnership relations with major financial institutions and global banking services companies, including JPMorgan Chase Bank. , in light of the history of constructive cooperation between the two sides, as well as in line with the objectives of the Dubai economy, Dubai is keen to find ways to support and develop the business of the UAE and its partners in the region. Agenda D33 aims to strengthen its position in the three most important economic cities and four major financial centers of the world.

In a tweet on Twitter yesterday, His Highness said: “I met with Daniel Pinto, Chairman of the world’s largest bank by market value (JP Morgan Chase). We reviewed with him the bank’s aspirations in light of the opportunities that the UAE and Dubai offer as part of the D33 economic agenda, making Dubai one of the four most important financial centers in the world.

The meeting reviewed the Bank’s goals and aspirations for its business in the region and the great opportunities its markets hold for the financial sector and banking services companies, in light of the opportunities offered by the UAE’s comprehensive growth renaissance. Dubai offers highly efficient and reliable infrastructure and logistics as well as flexible and modern legal structures that guarantee business. A safe and stable climate is one of the most important factors that attract business enterprises that find a spacious location in this environment. At a time when Dubai believes in the importance of using all the guarantees that guarantee the highest success for the fruitful partnerships it has accumulated for a long time with private sector companies in various sectors, to improve and expand their business. In the field of finance and banking.

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JPMorgan Chase Bank is one of the most prominent banking companies in the world engaged in financial services, banking transactions and asset management, and the value of the bank’s assets under management worldwide is estimated at approximately $3.7 trillion. At the end of December 2022, the bank’s net income will be $37.7 trillion. billion dollars in 2022. The Bank’s business extends to more than 60 countries and its employee strength exceeds 24,000 employees worldwide, while the Bank has a wide base of prestigious clients, corporations or governments across the globe.

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Shamma bint Sultan calls on the media to raise awareness of climate issues

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Shamma bint Sultan calls on the media to raise awareness of climate issues

Dubai: “The Gulf”

Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President and CEO of the UAE Independent Accelerators Authority on Climate Change, called on the media to play a key role in supporting efforts to raise awareness of climate change and address its challenges. He invited everyone concerned with the important topic, climate change-related issues. The context aims to demystify the terminology and science closely linked to climate change.

During a conversation with Sheikha Shamma bint Sultan on the theme “Media and Climate Change” as part of the activities of the closing day of the 21st Arab Media Forum, she shed light on the efforts of the UAE Freedom Accelerators Authority. For Climate Change, she managed to interview media personality Laura Habib to address the challenges of climate change.

As the issue of climate change is still one of the fundamental topics, he emphasized the keenness of prudent leadership to put the issue of climate change at the top of its priorities, in line with a vision aimed at accelerating the speed and pace of climate action. Interest in the Emirates Climate Action Pioneering efforts by all sectors in the environment sector reflect the government’s commitment to mitigating the effects of climate change.

Sheikha Shamma bint Sultan said that the UAE Independent Accelerators Authority for Climate Change launched “The Climate Tribe” digital platform last week as part of its pioneering efforts to address the challenges of climate change and achieve the goal of zero carbon neutrality. Incentivizing climate action focuses on storytelling, inclusive social interaction and large-scale collaboration.

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With the aim of removing ambiguity about the terms and science closely related to climate change, he introduced a dictionary in Arabic and English to help community members understand the meanings of various environmental terms.

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Emirates News Agency – Friends of Cancer Society expands its local partnerships to raise awareness of breast cancer and the fight against it

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Emirates News Agency – Friends of Cancer Society expands its local partnerships to raise awareness of breast cancer and the fight against it

Sharjah, September 27 / WAM / The “Friends of Cancer Patients Association” has signed a memorandum of understanding with the “Conduct Horse Racing and Polo Club” in Abu Dhabi to consolidate the existing strategic partnership between the two parties in the field of breast cancer awareness. , prevention, control of its spread and the success of its treatment, within the framework of the commitment of both parties, their belief in the need to shed light on this health problem and unite their joint efforts to achieve this goal.

The memorandum seeks to achieve a set of goals through joint work and coordination between the two parties in social initiatives, supporting charitable work and spreading awareness about the importance of prevention methods and early detection.

The memorandum, signed by Aisha Al Mulla, Director of Friends of Cancer Patients Association and Khaled Al Marzooqi, Managing Director of Conduit Horse Racing and Polo Club, culminated the collaboration between the two sides after the club booked a medical clinic. As part of the program organized by “Pink Caravan” to celebrate World Awareness Month, “Pink October” breast cancer for seven days, “Pink Caravan” promised to provide several services for early breast cancer screening during the club’s scheduled period. Tours.

Aisha Al-Mulla, Director of Friends of Cancer Patients Association said: This MoU forms part of our strategy to complement our initiatives and programs aimed at expanding the number of beneficiaries and reaching out to a larger number of social segments. Improving their awareness of the risks of cancer, as this represents a new step in expanding our work system and our goals towards mobilizing… national efforts to fight breast cancer and reduce its consequences in terms of health, social and economic conditions.

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For his part, Khaled Al Marzooqi, Managing Director of Ghantoot Horse Racing and Polo Club, said: This memorial embodies our shared vision to fight and prevent breast cancer and contribute to reducing the number of infections through our annual campaigns (including Pink Polo). ), according to the memorandum, will include providing (pink caravan) for examinations. Free early detection of breast cancer during the event and other awareness tours and events organized by us.

The association will participate in the club’s “Pink Polo” event in October, provide early detection tests for breast cancer and spread social awareness by organizing workshops and awareness activities for the public on how to self-administer, the memorandum said. – Experimentation.

Islam al-Husayn/Batdul Kashwani

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Emirates News Agency – Pension Board of Directors to hold sixth meeting for 2023

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Emirates News Agency – Pension Board of Directors to hold sixth meeting for 2023

ABU DHABI, September 27 / WAM / Mubarak Rashid Al Mansouri, Chairman of the Board of Directors of the Public Pensions and Social Security Authority, presided over the Sixth Council Meeting for the year 2023, which was held yesterday, Tuesday.

The meeting began by welcoming the Honorable Council members and thanked the Minister of State for Financial Affairs, Honorable Mohammed bin Hadi Al Husseini, for his continued efforts during his tenure as Chairman of the Council.

The Council approved the minutes of its previous meeting, approved the follow-up agenda of the administration to the decisions and recommendations of its previous meetings and also approved the decisions and recommendations made by its sub-committees. Apex Committee on Human Resources and Rewards, Investment Committee and Internal Audit and Risk Committee.

The Council discussed and approved the Commission’s financial statements for the first and second quarters of 2023. It reviewed the investment performance report up to 2023 and the executive summary of the authority’s corporate performance in the first half of 2023. topics on its agenda and take appropriate decisions regarding them.

The Authority’s figures for the month of August 2023 indicate an increase in the number of subscribers (111,735) compared to (89,329) for the same month last year. (11,865) companies also increased compared to (7,612) in August 2022.

As per August 2023 figures, the number of retirees has increased to (19,685) and the number of eligible persons has reached (8,458) as compared to the number of pensioners in August 2022 (18,752). , compared to approximately (8,499) eligible individuals for the same month of the year.

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In terms of insurance expenses, their value in August this year was (415,268,101) dirhams, which was approximately (455,467,005) dirhams in the same month last year.

Dina Omar

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