UAE’s Lifeline to Lebanon: 18th Aid Plane Delivers Vital Medical Supplies Amidst Crisis

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  The United Arab Emirates has dispatched its 18th aid aircraft carrying 40 tonnes of essential medical supplies to Lebanon as part of the “UAE Stands with Lebanon” campaign. This ongoing initiative, launched in early October, aims to provide critical food, medical, and shelter supplies to the Lebanese population, who continue to face severe hardships due to ongoing conflict. In close collaboration with international organizations such as the World Health Organization (WHO), the United Nations High Commissioner for Refugees (UNHCR), and the International Federation of Red Cross and Red Crescent Societies (IFRC), UAE humanitarian organizations are playing a pivotal role in delivering life-saving aid to Lebanon’s vulnerable communities. The campaign is a direct response to the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, with further guidance from His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President and Deputy Prime Minister, and under the l
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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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