Local News

Adnoc allocates AED55bn to decarbonisation projects

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc), a reliable and responsible provider of lower-carbon intensity energy, on Thursday announced a bold new strategy to progress the world-scale decarbonisation of its operations. The announcement follows the guidance by Adnoc’s Board of Directors in November 2022 to accelerate the delivery of its low-carbon growth strategy and the approval ...

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Alpha Dhabi, Mubadala form JV to invest in global credit market

  Abu Dhabi / WAM Alpha Dhabi Holding and Mubadala Investment Company on Thursday announced the formation of a joint venture (JV) to co-invest in credit opportunities. Alpha Dhabi and Mubadala aim to collectively deploy up to AED9 billion (approximately $2.5 billion) over the next five years, leveraging Mubadala’s long-term and strategic partnership with Apollo, one of the world’s largest ...

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Nama supports 2,700 women in 14 nations

  Sharjah / WAM Nama Women Advancement (Nama), dedicated to supporting and empowering women and girls, is celebrating six years of striving to help the next generation reach their full potential. With a strong focus on uplifting and supporting women, Nama has established a distinctive presence in its efforts to empower and advocate for gender equality. Nama has provided social, ...

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Etihad Airways doubles flights to Bangkok

  Abu Dhabi / WAM Etihad Airways is boosting its flights to Bangkok, Thailand by doubling its frequency. From March 26, the airline will fly twice a day on the Abu Dhabi – Bangkok route, providing a total of 14 weekly nonstop services to Bangkok Airport (BKK). The flights will offer Etihad’s award-winning service and comfort across both Business and ...

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EGA’s program to inspire interest in STEM reach over 6,000 students

Dubai / WAM Emirates Global Aluminium (EGA) on Thursday announced the company’s programmes to inspire young people’s interest in science, technology, engineering, and mathematics (STEM), reached more than 6,000 students in 2022. Science, technology, engineering, and mathematics experts are essential for achieving the goals of the UAE’s Operation 300bn industrial growth strategy and UAE Centennial 2071. EGA employs some 1,500 ...

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dnata breaks ground on $14m cargo warehouse in Erbil, Iraq

  Dubai / WAM dnata, a leading global air and travel services provider, has broken ground on its new, 20,000 m2 cargo warehouse which will add significant expansion to its operations at Erbil International Airport (EBL). The facility represents an investment of $14 million and will create up to 50 additional, direct jobs with dnata in Iraq. The foundation stone ...

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UAE President, Pakistan’s PM discuss developing relations

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call from Muhammad Shehbaz Sharif, Prime Minister of the friendly Islamic Republic of Pakistan. During the call, the two leaders reiterated their mutual commitment to further develop bilateral ties between Pakistan and the UAE and reviewed a number of regional and international issues ...

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Pakistan’s trade with UAE to surpass $10.6bn in 2023

Abu Dhabi / WAM The bilateral trade between Pakistan and the United Arab Emirates is expected to grow double from the $10.6 billion volume achieved in 2021-2022, Pakistan’s top diplomat in the UAE said. The last calendar year recorded a $10.6 billion in trade “the highest volume Pakistan had in the Middle East and North Africa (Mena) region,” he added. ...

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‘Dubai Chamber’ launches solar & renewable energy business group

Dubai / WAM Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, launched the Solar & Renewable Energy Business Group, to drive the uptake of renewable energy amongst businesses and the private sector in Dubai. “As the world shifts to renewable energy and a decarbonised economy, the establishment of the Solar & Renewable Energy Business Group ...

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