Dubai / Gulf Time Businessman and investor Dr Ossama Alasmar confirmed that Dubai is a globally sought-after destination for investors. He said, “I have decided to transfer all of my business operations from Germany to the promising emirate to take advantage of the thriving activity, and momentum Dubai offers.” As a successful businessman who has established several leading companies ...
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Abu Dhabi / WAM Abu Dhabi Chemicals Derivatives Company RSC Ltd (Ta’ziz) and Proman AG (Proman), one of the world’s leading producers of methanol, signed a shareholders’ agreement to develop the UAE’s first world-scale methanol production facility at the Ta’ziz Industrial Chemicals Zone in Al Ruways Industrial City, Abu Dhabi. The facility has an anticipated annual capacity of up ...
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Abu Dhabi / WAM Shargiil Bashir, Chief Sustainability Officer at First Abu Dhabi Bank (FAB), said that the bank facilitated over AED25.7 billion ($7 billion) for sustainable projects in 2022, noting that the bank has made significant progress by financing many projects across the energy supply, buildings, transportation, waste, water, and food sectors. In statements to the Emirates News ...
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Abu Dhabi / WAM Mubadala Energy has signed a memorandum of understanding with OMV Downstream GmbH (OMV) and Pak-Arab Refinery Limited (Parco) to explore opportunities in sustainable fuels and feedstock production in Pakistan. Under this agreement, the firms will explore the possibility of pursuing projects in circular economy initiatives, including plastics production and recycling, sustainable fuels and feedstock as ...
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Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT) oversaw the signing of a memorandum of understanding (MoU) at Abu Dhabi Sustainability Week (ADSW), which will lay the groundwork for new plastic recycling facility in the UAE. Under the plans, a 12,000 tonnes per annum polyethylene terephthalate (PET) recycling plant has been earmarked for Abu Dhabi. ...
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Abu Dhabi / WAM Etihad Airways, the national airline of the United Arab Emirates, is ramping up flights between Abu Dhabi and Jakarta from daily to double-daily. From October 1, business and leisure travellers can look forward to 14 weekly non-stop flights between Abu Dhabi and the Indonesian capital, providing more choice, flexibility and convenience. The flights will be ...
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Dubai / WAM The Mohammed Bin Rashid Space Centre (MBRSC) has confirmed the launch of the second mission of the UAE Astronaut Programme which is scheduled for no earlier than February 26. Aboard SpaceX Crew Dragon spacecraft, Sultan Al Neyadi along with two astronauts will launch to International Space Station from Launch Complex 39A at Nasa’s Kennedy Space Center ...
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Sharjah / WAM Beeah Recycling has signed an agreement with the UAE Ministry of Energy and Infrastructure (MOEI) and the American University of Sharjah (AUS) to collaborate on establishing the nation’s first recycling plant for end-of-life batteries from electric vehicles. The agreement was signed during the 2023 World Future Energy Summit in Abu Dhabi at the Ministry of Energy ...
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Abu Dhabi / WAM For the fourth consecutive year, the United Arab Emirates (UAE) has maintained its position and first place in the Global Terrorism Index (GTI). The UAE is considered one of the safest of several countries that take effective measures to combat terrorist and extremist activities, and one of the safest countries in the world with a “very ...
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Abu Dhabi / Gulf Time Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, has commenced operations on a new route of Ankara, the second largest city in Türkiye, with tickets on sale on the airline’s website and mobile app with fares starting as low as AED199. The national airline now flies to more than 36 destinations ...
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