Local News

‘Adnoc is advancing low-carbon LNG growth project in Ruwais’

ABU DHABI / WAM Fatema Al Nuaimi, Executive Vice President, Downstream Business Management at Adnoc, said that Adnoc’s Ruwais liquefied natural gas (LNG) project is making excellent progress in line with its planned timeline, and that the project is steadily advancing toward the Final Investment Decision. In a statement to the Emirates News Agency (WAM),  Al Nuaimi said the groundbreaking ...

Read More »

Khaled bin Mohamed bin Zayed attends UAE Government Annual Meetings

ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended the UAE Government Annual Meetings 2023, which gather senior government officials to review significant developments across the UAE’s legislative and judicial sectors, among other achievements in priority sectors. His ...

Read More »

NYUAD’s UAE Healthy Future Study celebrates research milestone

ABU DHABI / WAM NYU Abu Dhabi (NYUAD), in collaboration with Tamkeen, celebrated the completion of the UAE Healthy Future Study’s (UAEHFS) first phase of recruiting nearly 15,000 participants in the UAE’s first-ever prospective cohort study of its kind that seeks to determine how the health of UAE nationals are affected by their lifestyle, environment, and genes, specifically looking at ...

Read More »

Yahsat reports strong third quarter results for 2023

ABU DHABI / WAM Al Yah Satellite Communications Company (Yahsat) announced on Tuesday its consolidated financial results for the nine months ended on September 30. Revenue and Normalised Ebitda grew 3% for the first nine months of the year versus the prior year to reach AED1.2 billion [$323 million] and AED713 million [$194 million], respectively. Net Income more than doubled ...

Read More »

GAL AMMROC, UCS sign pact to support Royal Thai Armed Forces in aviation field

ABU DHABI / WAM The Global Aerospace Logistics – Advanced Military Maintenance, Repair, and Overhaul Centre (GAL AMMROC) has signed a memorandum of understanding with UCS, a Thai company, to enhance opportunities for mutual cooperation in providing integrated services, logistics, and innovative solutions that contribute to the development of capabilities, investment opportunities, and sustainable growth. The memorandum of understanding (MoU) ...

Read More »

Abdullah bin Zayed meets Vatican Secretary of State in Abu Dhabi

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met with Cardinal Pietro Parolin, Vatican Secretary of State, on the sidelines of the Global Faith Summit on Climate Action. During the meeting, the two sides discussed bilateral relations and the two nations’ efforts to promote values of tolerance, coexistence and human fraternity. They ...

Read More »

MENA IPOs raise $5.8 billion in first nine months of 2023

ABU DHABI / WAM A recent report revealed that 29 initial public offerings (IPOs) were recorded in the Middle East and North Africa (Mena) region during the first nine months of this year, with total proceeds of $5.8 billion. The report, issued today by Ernst Young (EY) on IPO activity in the region, stated that all IPOs executed in the ...

Read More »

UAE, Bosnia and Herzegovina sign pact on visa exemption

ABU DHABI/ WAM The United Arab Emirates and Bosnia and Herzegovina have taken a significant step towards strengthening bilateral relations with the signing of a memorandum of understanding (MoU) on visa exemption. The MoU, signed on November 6, aims to facilitate and promote travel, trade, and people-to-people exchanges between the two nations. Under the MoU, UAE and Bosnia and Herzegovina ...

Read More »

First SAF-powered Emirates flights cleared for take-off from Dubai

DUBAI/ WAM The first Emirates flights operating with sustainable aviation fuel (SAF) provided by Shell Aviation have taken off from Dubai International Airport (DXB). Emirates’ flight EK 412 bound for Sydney on October 24 was among the first to operate with SAF. Shell has supplied 315,000 gallons of blended SAF for use at the airline’s hub in Dubai. This first-ever ...

Read More »

EDGE Group acquires majority stake in autonomous air systems developer ANAVIA

ABU DHABI/ WAM The UAE’s EDGE Group has announced the acquisition of a 52% majority shareholding in ANAVIA, a Switzerland-based company that specialises in the design, development, and manufacturing of versatile vertical take-off and landing (VTOL) systems of up to 750 kilogrammes, and their associated capabilities. The move will see EDGE become a market leader in this highly-specialised domain. ANAVIA ...

Read More »
Send this to a friend