Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation, (MOFAIC), held a remote honouring ceremony for the Gulf Cooperation Council, (GCC), “Family Reunion Team,” in recognition of its evacuation operations during the coronavirus pandemic.The team also facilitated the necessary procedures for the safe entry of over 10,000 GCC citizens to the UAE via land ports, in coordination ...

ABU DHABI / WAM Via teleconference, the UAE  and the Republic of Indonesia signed an Action Plan for a mutual recognition arrangement on the Authorised Economic Operator Program (AEO), in a step to facilitate inter-countries trade, effective and swift implementation of program mutual recognition agreement under the umbrella of the agreement on cooperation and assistance in customs affairs executed by ...

SHARJAH / WAM Under the theme “Fostering Recovery: WTCs and the Exhibitions Industry”, the Expo Centre Sharjah recently participated in a virtual international meeting organised by the World Trade Centre’s Association (WTCA) to strengthen international cooperation in exploring the future and to propose realistic solutions and recommendations that help develop the necessary plans to revitalise the exhibitions and conferences industry ...

ABU DHABI / WAM The Supreme Petroleum Council (SPC) announced on Sunday the discovery of substantial recoverable unconventional oil resources located onshore, estimated at 22 billion stock tank barrels (STB), and an increase in conventional oil reserves of 2 billion STB in the Emirate of Abu Dhabi. The announcements were made following the SPC meeting presided over by His Highness ...

ABU DHABI / WAM The Department of Culture and Tourism Abu Dhabi has announced significant increase in revenues from tourism activity in the capital in the third quarter of 2020. Findings from its quarterly industry development committee meeting revealed promising signs of sector recovery, as well as a glimpse into future projects and plans to boost tourism in the emirate. ...

ABU DHABI / WAM Mubadala Investment Company on Sunday announced that it has officially become a member of the One Planet Sovereign Wealth Funds (OPSWF) initiative, an international coalition of SWFs established to integrate climate change considerations into their decision making and support global climate action. Through the new membership, Mubadala will leverage its scale and global presence to drive ...

Abu Dhabi / WAM The General Authority for Regulating the Telecommunications Sector (TRA) announced that official portal of the UAE Government (U.AE) has hit a new record in its number of users, reaching nearly the 10 million mark during the period from January to October of this year, an 50.73% increase over 2019, where the number of users in the ...

Bloomberg The itch is back for Paul Mead. After almost a decade investing in vineyards and startups in his native New Zealand, the former Barclays Plc and Enron Corp trader wants to return to the power market. What’s luring Mead is the realisation that efforts to slow global warming through renewable energy and electrification are creating new ways to make ...

Bloomberg General Electric Co and a Vietnamese company signed a memorandum of understanding to develop an LNG power plant near Ho Chi Minh City. The signing between GE and EVN Genco3 took place during an event with President Donald Trump’s National Security Adviser Robert O’Brien in Hanoi. O’Brien, in Vietnam for a visit which includes meetings with government officials and ...

As President Donald Trump tries to end America’s longest war, he has settled on a compromise. Instead of withdrawing all US troops from Afghanistan by Christmas, as he boasted in a tweet in October, he will be leaving behind a small counterterrorism force. It’s tempting to view the development with a sense of relief. A full withdrawal from Afghanistan, or ...