A division of the UAE's Federal National Council (FNC) participated in the second day of the 10th BRICS Parliamentary Forum in Saint Petersburg, Russia.
The delegation is led by Ali Rashid Al Nuaimi, Chairman of the Defence, Interior and Foreign Affairs Committee in FNC.
It included FNC's members Sarah Falaknaz, Marwan Obaid Al Muhairi, Ahmed Mir Hashim Khoori, and Afra Rashid Al Basti, Deputy Secretary-General of Parliamentary Communication at the FNC.
During the discussion on "The Role of Parliaments in Confronting the Disintegration of the Multilateral Trading System and Overcoming Threats Related to the Outcomes of Global Crises," Marwan Al Muhairi emphasised the crucial role of parliaments in addressing challenges and fostering a cooperative global environment.
He highlighted the importance of supporting multilateral institutions, such as the World Trade Organisation (WTO). He stressed the need to strengthen these institutions and ensure they receive the necessary resources and funding to uphold the principles of free and fair trade.
US automaker Tesla has warned that it and other major American exporters are exposed to retaliatory tariffs that could be leveled in response to President Donald Trump's aggressive use of tariffs.
The Abu Dhabi Fund for Development (ADFD) has announced the launch of the “Sofitel Legend Pyramids Giza” project, a luxury five-star hotel intended to be a landmark addition to the hospitality and tourism sector in Egypt.
The value of transactions conducted in the banking sector within the country through the UAE Funds Transfer System (UAEFTS) rose to AED 19.898 trillion during 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).
Dubai Electricity and Water Authority (DEWA) announced a contribution of AED 20 million to the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai.