Abu Dhabi / WAM The Ministry of Economy has launched a new webpage for the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India, which was signed by the two countries’ leadership in February 2022 and will come into effect as of May 1. The e-platform provides UAE companies and investors, who wish to capitalise on the benefits ...
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Etihad Engineering, TDA sign component deal
Abu Dhabi / WAM Etihad Engineering, one of the world’s leading maintenance, repair, and overhaul (MRO) services providers, has signed a Component Agreement with Touchdown Aviation (TDA), a global specialist in the supply, loan, exchange, and repair of aircraft components. As part of the agreement, TDA will provide Etihad Engineering supply chain solutions locally in Abu Dhabi, to ensure ...
Read More »UAE, Pakistan discuss ways to boost ties
Abu Dhabi / WAM Shehbaz Sharif, the Prime Minister of Pakistan, has received Hamad Obaid Ibrahim Salem Al Zaabi, UAE Ambassador to Pakistan, at the Prime Ministry headquarters in Islamabad. During the meeting, the two sides reviewed a number of issues of common interest. Al Zaabi commended the distinguished relations between the UAE and Pakistan, highlighting the UAE’s desire ...
Read More »Abdullah stresses importance of calming situation at Al-Aqsa
Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, emphasised the significance of calming the situation and ceasing any practices that violate the sanctity of the blessed Al-Aqsa Mosque. In a phone call with the Israeli Minister of Foreign Affairs, Yair Lapid, the two ministers discussed bilateral relations and cooperation ...
Read More »Dewa launches electric vehicle community hub website for Dubai
Dubai / WAM Dubai Electricity and Water Authority (Dewa) has launched the “Dubai EV Community Hub” website for Dubai, aiming to increase electric vehicle (EV) adoption by centralising information regarding EV developments in Dubai. This is part of Dewa’s efforts to encourage the use of sustainable transport and consolidate Dubai’s position as a global capital for a green economy ...
Read More »UAE central bank issues new AED5, AED10 banknotes
ABU DHABI / WAM The central bank of the UAE (CBUAE) has launched two new banknotes, in five and ten dirham denominations, made of polymer and enhanced by advanced technical characteristics and security features. The new banknotes are the third issue of the national currency, and reflect the CBUAE’s aim to keep pace with the nation’s development and vision ...
Read More »Air Arabia Abu Dhabi starts new service to Mumbai
ABU DHABI / WAM Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced the introduction of a new service to Mumbai in India, starting from May 12. Mumbai is the seventh city in India that Air Arabia Abu Dhabi flies to after Calicut, Chennai, Jaipur, Karachi, Kochi, Thiruvananthapuram. The new service represents the 20th route for Air ...
Read More »dnata invests in solar energy at Singapore’s Changi Airport
Singapore / Gulf Time dnata, a leading global air and travel services provider, continues to invest in infrastructure and equipment to further improve resource efficiency globally. The company has installed a 3.5 megawatt-peak rooftop solar power system across its operations, including its cargo and catering facilities, at Changi Airport (SIN). The rooftop power plant comprises of over 6,500 individual ...
Read More »French power prices gain on signs of corrosion at more reactors
Bloomberg French power futures rose to their highest level this year after Electricite de France SA found further indications of corrosion on its nuclear fleet, potentially worsening Europe’s supply crisis. French nuclear capacity is already at its lowest in a decade for this time of year as the energy giant is keeping some of its 56 reactors offline for ...
Read More »Siemens Gamesa sells wind portfolio to SSE
Bloomberg Siemens Gamesa Renewable Energy agreed to sell its European onshore wind portfolio to Scottish utility SSE for $630 million. It’s the first major divestment for CEO Jochen Eickholt after he was promoted last month to try to turn the turbine maker around as project delays and cost overruns led to profit warnings. The industry is grappling with soaring commodity ...
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