Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Monday, it has set a new Upstream Methane Intensity target of 0.15 percent by 2025. The new target is the lowest in the Middle East, reinforcing Adnoc’s status as a leader in the responsible production of lower carbon energy. Adnoc’s 0.15 percent methane intensity target means Adnoc will ...
Read More »
Abu Dhabi / WAMÂ President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the President of Kyrgyzstan, Sadyr Japarov, attended the exchange of several memoranda of understanding (MoUs) and agreements between the UAE and Kyrgyzstan to enhance cooperation in various fields. The MoUs and agreements exchanged between the two sides at Al Shati Palace included the following: An MoU ...
Read More »
Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), announced that the entity had added 300 megawatts of photovoltaic solar energy in 2022 from the 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park using the Independent Power Producer (IPP) model. The solar park ...
Read More »
Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) has announced the price range and start of the subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM). The price range for the offering has been set between AED1.31 and AED1.33 per share, a company statement said on Monday. The total offering size is expected to ...
Read More »
BAHANAG / WAM In the presence of King of Malaysia Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, the Emirates Red Crescent (ERC) has inaugurated the first phase of the housing project dedicated to people affected by floods that swept the state of Pahang last year. The fully serviced 123 housing units were built under the directives of President His Highness Sheikh ...
Read More »
Abu Dhabi / WAM The Federal Tax Authority (FTA) launched a mechanism for refunding value added tax (VAT) incurred on building and operating mosques on the FTA’s e-Services portal, in light of cabinet decision No. (82) of 2022 in that regard, which came into force on October 29, covering all mosques in the UAE, provided that the refund applications are ...
Read More »
Abu Dhabi / WAM The 2022 Opec World Oil Outlook (WOO) will be launched at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2022 in Abu Dhabi on Monday, October 31. Opec’s Secretary General, Haitham Al Ghais, along with Opec experts, will present the major findings of the WOO 2022, as well as introduce a video with key messages ...
Read More »
Abu Dhabi / WAM Cleveland Clinic has launched a robust programme of collaborative support to enable hospitals and healthcare organisations around the world to connect with the global health system’s clinical and operational experts to enhance patient care and distinguish themselves within their markets. The goal of the Cleveland Clinic Connected programme is to build a global network of independent, ...
Read More »
Sharjah / WAM Sharjah Taxi, a subsidiary of Sharjah Asset Management Company, investment arm of the government of Sharjah, is seeking to increase the number of its hybrid vehicle fleet cars that operate dually on both fuel and electricity. This decision is in line with the Emirate’s vision to rationalise the use of energy, in accordance with its development goals ...
Read More »
Abu Dhabi / Gulf Time Dr. Ali Saeed Alameri, Chairman of Alshoumoukh Group, stated that the Abu Dhabi International Petroleum Exhibition 2022 was an important occasion to enhance Abu Dhabi’s global position in the oil and gas industry, especially with the important and rapid developments on the economic and geopolitical levels. He stressed the importance of investments in exploration and ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.