DUBAI / WAM The Net Zero Nuclear Summit kicked off on Thursday in Dubai, as part of the 28th UN Climate Change Conference (COP28). The event is being held on December 7-8 and is hosted by leaders of the Net Zero Nuclear initiative, which calls for unprecedented collaboration between government and industry to at least triple global nuclear capacity to ...
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PureHealth IPO fully subscribed on first day
ABU DHABI/ WAM PureHealth Holding PJSC, the largest healthcare platform in the Middle East, has confirmed robust interest in its Initial Public Offering (IPO), on the first day of the subscription period. Farhan Malik, Founder and Managing Director of PureHealth, said, “We have seen an overwhelmingly strong demand for the IPO as it is fully subscribed on the opening day. ...
Read More »GCAA signs several agreements during ICAN2023 conference in Riyadh
RIYADH/ WAM The General Authority of Civil Aviation (GCAA) is participating in the 15th edition of the ICAO Air Services Negotiation Event (ICAN2023), hosted by the Kingdom of Saudi Arabia in the capital, Riyadh, from 3rd to 7th December 2023. The conference brings together civil aviation authorities, airlines, and more than 100 countries, international organisations, and over 700 experts in ...
Read More »UAE and Russian Presidents discuss bilateral relations and regional and international issues
ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency President Vladimir Putin of the Russian Federation held discussions today on the multifaceted ties between the UAE and Russia. The two sides also explored prospects to enhance relations within the context of the bilateral strategic partnership. Additionally, their dialogue covered various regional and international issues ...
Read More »Masdar and TotalEnergies demonstrate Methanol-to-SAF pathway with successful test flight
DUBAI/ WAM The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens all contributed to the successful flight. The Alcohol-to-Jet Synthetic Paraffinic Kerosene pathway (ATJ-SPK) ...
Read More »NYUAD’s centre on climate and environment renamed Mubadala ACCESS Centre
ABU DHABI / WAM NYU Abu Dhabi (NYUAD) has received a commitment from Mubadala to sponsor its Arabian Centre for Climate and Environmental Sciences (ACCESS). As part of the strategic partnership, the centre has officially been renamed the Mubadala ACCESS Centre. The Mubadala ACCESS Centre is a leading research centre on the climate and environment of the Arabian Peninsula and ...
Read More »India stock value tops $4 trillion, narrowing gap with Hong Kong
BLOOMBERG India’s stock market value reached more than $4 trillion for the first time, marking a key milestone for the world’s fifth-biggest equity market as it rapidly narrows the gap with slumping Hong Kong. The market capitalisation of companies listed on India’s exchanges has risen by $1 trillion in less than three years, as the South Asian market emerges as ...
Read More »Pact signed to support Abu Dhabi’s hydrogen economy
DUBAI / WAM Abu Dhabi Department of Energy (DoE), the Abu Dhabi Investment Office (Adio) and Abu Dhabi Future Energy Company PJSC – Masdar, have signed a trilateral agreement to accelerate the hydrogen economy in Abu Dhabi and position the UAE as a global leader for the production and export of low-carbon hydrogen. The agreement was signed during the UN ...
Read More »Under the patronage of Theyab bin Mohamed bin Zayed, Abu Dhabi Early Childhood Authority launches 2nd World Early Childhood Development (WED) Movement at COP28 UAE
ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Head of the Office of Development Affairs and Martyrs’ Families at the Presidential Court and Chairman of the Abu Dhabi Early Childhood Authority (ECA), has launched the second edition of WED, a visionary movement uniting the UAE with global multi-disciplinary experts, ...
Read More »European stocks increase as rate-cut bets heat up
BLOOMBERG European stocks rose, following Asia higher, after the latest US data reinforced optimism in a global pivot towards central-bank easing next year as inflation fears evaporate. The Stoxx 600 index added 0.2%, climbing for a second day as US equity futures advanced. MSCI’s Asia Pacific Index gained the most in three weeks. US 10-year Treasuries were steady after a ...
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