UAE delivers 10 aid convoys to Gaza

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The United Arab Emirates has sent ten humanitarian aid convoys to the Gaza Strip as part of its ongoing relief effort. This campaign, carried out under the "Gallant Knight 3" operation, seeks to offer critical food supplies, medical aid, and other requirements to Palestinians affected by the ongoing situation. Despite the challenges on the ground, the UAE's leadership has reaffirmed its commitment to humanitarian assistance, ensuring that relief reaches those in critical need. These convoys are part of a larger campaign to alleviate suffering in Gaza, where thousands of families are facing shortages of basic commodities. UAE relief teams, working in collaboration with international humanitarian groups, have been critical in ensuring the safe and efficient distribution of aid. Medical supplies and food packages have been prioritized, especially for children, the elderly, and the most vulnerable people affected by the disaster. The UAE has long been at the forefront of huma...
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UAE Has Unexpectedly Tapped the Market Multiple Times with Great Result

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Here’s something good that I want to share with what I read today. It’s about how Abu Dhabi plans to sell US dollar securities on in its first attack in the global obligation advertises this year, raising money for state coffers in spite of a new bounce back in oil costs. This oil-rich emirate gave beginning direction of 70-75 premise focuses over US Treasuries for seven-year US dollar-designated securities expected to cost later in the day.

Looking back, The UAE was hit hard by the COVID-19 pandemic and a year ago's accident in oil costs, however a bounce back in worldwide unrefined interest as economies re-open has diminished the earnestness to get for spending purposes. But as we can see, Abu Dhabi has become a generally regular backer of US dollar-designated obligation lately, and tapped the market multiple times a year ago for a sum of $15 billion. Just imagine that. Even so, it had extraordinary bonds and exceptional credits which made it more interesting to anticipate for the next years to come.

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