Local News

Global renewables reach record 9.6% growth in 2022

ABU DHABI / WAM By the end of 2022, global renewable generation capacity amounted to 3372 gigawatt (GW), growing the stock of renewable power by 295 GW or 9.6 percent, according to Renewable Capacity Statistics 2023, released by the Abu Dhabi-headquartered International Renewable Energy Agency (Irena). An impressive 83 percent of all power capacity added last year was produced by ...

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Sheikh Mohammed meets President of Romania

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with Klaus Iohannis, President of Romania, who is on an official visit to the UAE, on Tuesday. During the meeting, the two leaders discussed bilateral relations and ways to further enhance relations between the UAE and ...

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RAK and Ajman rulers discuss national issues

RAS AL KHAIMAH / WAM His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received at his rest-house in Jebel Jais, HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, who was accompanied by HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, on Tuesday. ...

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NLA set to host International Council Congress in October

ABU DHABI / GULF TIME The National Library and Archives (NLA) announced the completion of the necessary preparations for hosting the International Council Congress (ICA) 2023 in Abu Dhabi on October 9-13 at the first meeting of the organising committee for the major archival event, which announced the activities of the conference and exhibition at Abu Dhabi National Exhibition Centre ...

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Emirates Red Crescent distributes 1,500 school bags to Syrian children

LATAKIA / WAM The Emirates Red Crescent (ERC) distributed around 1,500 school bags and stationery to Syrian students in the Latakia Governorate, one of the areas affected by the recent earthquake that hit the country. The aid is the first phase of an initiative to distribute more than 10,000 school bags and stationery to several Syrian governorates. It is part ...

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Emirates NBD arranges ALC’s $600 million inaugural sukuk

DUBAI / WAM Emirates NBD has successfully priced a five-year $600 million sukuk for Air Lease Corporation (ALC), marking the first sukuk issued by a US corporation. The strong demand for the sukuk saw orders of over $2.2 billion, allowing ALC to increase the offering to $600 million. The profit rate was tightened by 30 basis points to 5.85%, at ...

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Etihad Airways enhances interline, codeshare with six airlines

ABU DHABI / WAM Etihad Airways has announced the launch of reciprocal interline partnerships with three new airline partners — Philippine Airlines (PAL), Austrian Airlines (OS) and Airlink South Africa (4Z), while re-launching interline links with Biman Bangladesh and codeshares with Air Seychelles (HM) and ITA Airways (AZ). The deal means customers of all airlines involved will enjoy enhanced connectivity ...

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REDTAG ignites Ramadan rush, announces free gifts, vouchers, & fashionable festive wear

DUBAI / GULF TIME REDTAG, the Middle East’s leading value-fashion and homeware brand, announced its Ramadan offerings, which include a new line of modest festive wear, free gifts, and vouchers. The limited-period offers will run between March 19 and April 22, bearing REDTAG’s promise of uncompromising value and embodying its time-honoured tradition of specialised offerings during Ramadan. Starting March 19, ...

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Q Holding inaugurates Al Reem Mosque on Reem Island in Abu Dhabi

ABU DHABI / GULF TIME in anticipation of the forthcoming holy month of Ramadan, Q Holding, one of the UAE’s major investment and business groups, inaugurated Al Reem Mosque on Reem Island, Abu Dhabi. The mosque is part of the Group’s CSR initiative for social outreach in the emirate of Abu Dhabi, and UAE in general, serving worshippers in the ...

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