Tuesday , 16 June 2026

ameer95

Mubadala announces acquisition of minority stake in Power Factors

ABU DHABI / WAM Mubadala Investment Company, an Abu Dhabi-based global investor, on Thursday announced a significant minority investment in Power Factors, a leading renewable energy management suite (REMS) provider, alongside existing investor Vista Equity Partners. Through this investment, Mubadala will enable Power Factors’ continued growth, innovation, and global expansion as a leader in the renewable energy sector. Power Factors’ …

Read More »

UAE President receives Qatari Prime Minister and Minister of Foreign Affairs

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar. At the start of the meeting, His Excellency the Prime Minister conveyed to His Highness the UAE President the greetings of His Highness …

Read More »

ADX welcomes HSBC as its 1st international bank to act as GCM

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) Group welcomed HSBC, one of the world’s largest banking and financial services organizations, as a new General Clearing Member (GCM), widening investors’ access to ADX-listed securities and the emirate’s dynamic capital markets and strengthening the efficiency and resilience of the ADX’s post trade ecosystem. HSBC is the first international bank …

Read More »

New IRENA report confirms cost-competitiveness of 24/7 renewables

ABU DHABI / WAM Solar and wind energy paired with battery storage are reliable and already today deliver cost-effective, round-the-clock electricity, according to a new report by the International Renewable Energy Agency (IRENA). 24/7 renewables: The economics of firm solar and wind confirms that in prime solar and wind regions, hybrid solutions combined with storage deliver round-the-clock power at lower …

Read More »

Abu Dhabi Biobank, Japan’s HLC announce strategic pact

ABU DHABI / WAM Abu Dhabi Biobank, a strategic initiative between the Department of Health – Abu Dhabi and M42, announced a strategic partnership with Human Life CORD Japan Inc (HLC), to localise the development and clinical application of umbilical cord–derived stem cell therapies in Abu Dhabi. This step represents a significant milestone in expanding access to stem cell therapies …

Read More »

UAE President visits fifth edition of Make it in the Emirates 2026

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan visited the fifth edition of Make it in the Emirates 2026, held at the Abu Dhabi National Exhibition Centre (ADNEC). During the tour, His Highness reviewed the latest innovations, products, and initiatives aimed at enhancing the competitiveness and readiness of national industries across a range of …

Read More »

EDGE signs Global Air Carrier Services Agreement with Etihad

ABU DHABI / WAM EDGE has signed a Global Air Carrier Services Agreement with Etihad Airways at Make it in the Emirates (MIITE 2026), consolidating its airfreight operations under the UAE’s national carrier. Under the agreement, EDGE will procure airfreight services through Etihad Airways’ cargo operations for shipments on behalf of itself and its growing portfolio of 35 entities. The …

Read More »

EWEC, Masdar forge framework to accelerate renewable energy

ABU DHABI / WAM Emirates Water and Electricity Company (EWEC) has entered into a strategic Collaboration Framework Agreement (CFA) with Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader. The agreement establishes a roadmap for the accelerated deployment of utility-scale renewable energy projects, to diversify the UAE’s energy mix and strengthen security of supply, and power …

Read More »