Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) on Wednesday announced the launch of AIQ, its Artificial Intelligence (AI) joint venture (JV) company with Group 42 (G42), an Abu Dhabi-based AI and cloud computing company. The completion of the formation of AIQ follows the signing of the JV agreement between Adnoc and G42 in November 2019 with ...
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DUBAI / WAM The United Arab Emirates has been named as the “model nation†to aspire to by Arab youth for the ninth consecutive year. In the 12th Annual ASDA’A BCW Arab Youth Survey, the country was voted for by young Arabs ahead of other Western and Eastern nations, underlining the UAE’s reputation as one of the world’s top places ...
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Abu Dhabi / WAM The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR) has convened virtually, and reviewed the performance of the authority in accordance with the 2020 Operational Plan as well as the progress in implementing a number of initiatives planned during this year. Members of the board reviewed latest updates of the four units ...
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Dubai / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure and Chairman of the Board of Directors of the Sheikh Zayed Housing Programme, stated that the UAE government, since the establishment of the country in 1971, has prioritised the housing sector to provide citizens with suitable housing that will achieve their family stability, happiness and quality of ...
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ABU DHABI / WAM Etihad Airways has announced that it is the country’s first airline to implement electronic technical logs (eTech logs) for airline operations. According to Etihad, the approval from the General Civil Aviation Authority (GCAA) for implementation on Etihad’s freighter fleet accelerates the journey towards paperless airline operations which is a key initiative for Etihad Airways and the ...
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Abu Dhabi / WAM The Abu Dhabi Investment Office (ADIO) signed a cooperation agreement with the Israel Export Institute, establishing the foundation for strong trade bridges between Abu Dhabi and Israel by unlocking opportunities to collaborate on investments. The agreement covers the facilitation of introductions with potential investee companies in both markets, hosting joint events and supporting government and industry ...
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Abu Dhabi / WAM General Holding Corporation (Senaat) part of ADQ and the sole shareholder of Al Foah Company, on Tuesday announced that it has submitted a non-binding offer to the Board of Agthia Group, a food and beverage company. The offer sets out the principal terms and conditions on which the majority of Al Foah’s business would be transferred ...
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Sharjah / WAM Arada announced the latest in a series of construction contracts at Aljada, the AED24 billion ($6.53 billion) mixed-use community in the heart of New Sharjah. The developer awarded the AED102 million contract to build Phase 2 infrastructure works to support a number of different communities within Aljada to Al Marwan General Contracting Company. The scope of work ...
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DUBAI / WAM Hesham Abdulla Al Qassim, Chairman of Emirates Islamic and Vice Chairman and Managing Director of Emirates NBD Group, rang the market-opening bell on Tuesday to celebrate the listing by Emirates Islamic of a $500 million sukuk on Nasdaq Dubai. The bank achieved a profit rate of 1.827%, the lowest for a sukuk issued by a UAE bank ...
Read More »Berlin / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, visited the Memorial to the Murdered Jews of Europe, known as the “Holocaust Memorial,” and its museum in Berlin, accompanied by Gabi Ashkenazi, Israeli Minister of Foreign Affairs. HH Sheikh Abdullah and Ashkenazi were accompanied by Heiko Maas, German Minister of Foreign Affairs. ...
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