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Business forum in Abu Dhabi highlights strong UAE-Saudi ties

ABU DHABI / WAM Abdullah Mohamed Al Mazrouei, Chairman of the Federation of the UAE Chambers of Commerce and Industry, said that the historic relations between the UAE and Saudi Arabia are deep-rooted and are a prime example of the best forms of cooperation on the highest levels,” said. This came during the UAE-KSA Business Forum held in Abu Dhabi ...

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UAE is Australia’s largest trading partner in Mideast

Dubai / WAM The UAE and Australia enjoy friendly, multi-faceted and rapidly growing relations, said Justin McGowan, Commissioner General of Australia at Expo 2020 Dubai. The UAE is Australia’s largest trading partner and second-largest source of investment in the Middle East, he said, adding that annual trade between the two countries is valued approximately at $7.1 billion. In a statement ...

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Mubadala invests in US software firm Medallia

Abu Dhabi / WAM Mubadala Investment Company, the Abu Dhabi based sovereign investor, announced its investment in Medallia, the market leader in customer and employee experience management software, alongside Thoma Bravo, a leading software investment firm. The minority co-investment was conducted in connection with Thoma Bravo’s recent take private of the San Francisco-based enterprise software company. Thoma Bravo announced the ...

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Adnoc partners with GE to cut emissions of gas turbines

Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) and GE Gas Power on Wednesday announced a joint cooperation initiative to develop a decarbonisation roadmap that includes reducing carbon emissions from gas turbines used to power Adnoc’s downstream and industry operations, including at the world-scale Ruwais Industrial Complex, in Abu Dhabi in the United Arab Emirates. This initiative further ...

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India’s top defense official Rawat dies in chopper crash

Bloomberg India’s top defense official, who had been steering the biggest transformation of the nation’s military since its independence in 1947, was killed in an helicopter crash in the southern state of Tamil Nadu. The Russian-made Mi-17 V5 helicopter carrying Chief of Defence Staff General Bipin Rawat, 63, met with an accident on Wednesday, the Indian Air Force said in ...

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Ahmed bin Saeed inaugurates Middle East’s first LPG Week

Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, on Tuesday opened the Middle East’s first Liquefied Petroleum Gas (LPG) Week at the Dubai World Trade Centre (DWTC). The three-day event themed ‘Energising Tomorrow’ is organised by the ...

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UAE government announces four and half day working week

ABU DHABI / WAM The UAE government is to adopt a new four and a half day working week, effective from January 1, 2022. The move applies to Federal government entities and comes alongside new working hours, with Monday to Thursday workdays now starting at 7:30 am and ending at 3:30 pm, and Friday working hours from 7:30 am – ...

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UAE, Gabon discuss ways to enhance cooperation

ABU DHABI / WAM Ali Al Sayegh, Minister of State, has met with Pacôme Moubelet-Boubeya, Minister of Foreign Affairs of Republic of Gabon, at Expo 2020 Dubai. During the meeting, they discussed ways to consolidate means of enhancing cooperation between two countries, including climate change, women’s empowerment and investment. Al Sayegh praised the participation of Gabon in Expo 2020 Dubai, ...

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SCCI organises Sharjah-India business forum

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) stressed the importance of strengthening economic relations between the emirate of Sharjah and the Republic of India, by highlighting the available investment opportunities and the facilities and incentives offered by both sides in various vital sectors. This came during the Sharjah-India Business Forum organised by the SCCI on the ...

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Biden-Putin call gets underway with tensions high over Ukraine

Bloomberg President Joe Biden began a high-stakes call with Russian President Vladimir Putin, according to reports from Interfax and Tass, seeking to ease tensions that have spiked over Russia’s massing of troops along the border with Ukraine and fears of a possible invasion. Putin and Biden began their video call around 10 am Washington time on Tuesday, according to the ...

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