News

ABU DHABI/WAM Abu Dhabi National Energy Company (TAQA) together with JERA Co Inc, Japan’s largest power generation company and Al Bawani Capital, a subsidiary of AlBawani Holding, announced that they have entered into two 25-year power purchase agreements (PPAs) with Saudi Power Procurement Company (SPPC) on a build, own and operate basis, to develop two new greenfield combined cycle gas ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to Prince Albert II of Monaco on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday received a delegation from the Emirates Nuclear Energy Corporation (ENEC), accompanied by Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority and Chairman of the ENEC Board of Directors. During the meeting, which took place at Qasr Al Bahr in Abu Dhabi, His Highness commended ...

RIO DE JANEIRO/WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with Emmanuel Macron, President of France, on the sidelines of the 19th G20 summit in Rio de Janeiro, Brazil. The meeting discussed bilateral relations between the UAE and France, exploring ways to strengthen cooperation and expand strategic partnerships between the two ...

RIO DE JANEIRO/WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with Giorgia Meloni, Prime Minister of Italy, at the G20 summit in Rio de Janeiro, Brazil. The meeting focused on enhancing bilateral cooperation between the UAE and Italy across various sectors. The meeting also underscored the significance of strengthening strategic partnerships, ...

RIO DE JANEIRO/WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has held talks with Cyril Ramaphosa, President of the Republic of South Africa, on enhancing bilateral relations, during the 19th G20 summit in Rio de Janeiro, Brazil. The meeting focused on exploring ways to strengthen bilateral cooperation between the UAE and South ...

RIO DE JANEIRO/WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, at the G20 summit in Rio de Janeiro, Brazil. The meeting reviewed the strong relations between the UAE and the Arab Republic of Egypt and discussed ways to further strengthen ...

SHARJAH / WAM The Sharjah Research, Technology and Innovation Park (SRTI Park) has announced a new warehouse project offering ultramodern ground-plus-mezzanine warehouse units, ideal for showrooms, experience centres, warehousing, light industrial assembly, and production. The units, with sizes ranging from 144 square metres to 303 Square metres, are designed for storage/production/assembly space on the ground floor; and office space on ...

DUBAI / WAM Dubai Financial Market (DFM) in partnership with Al Maryah Community Bank (Mbank), has launched IPO Upgrade as part of DFM IPO subscription process, a new feature designed to empower investors by providing subscription leverage for selected Initial Public Offerings (IPOs). Mbank provides the IPO Upgrade service by offering investors up to five times leverage based on provisions ...

ABU DHABI / GULF TIME The Ministry of Finance (MoF) has announced amendments to Ministerial Decision Nos (261) of 2024 on unincorporated partnerships, foreign partnerships and family foundations for the purposes of Federal Decree-Law No 47 of 2022 on the taxation of corporations and businesses and its amendments. The revised ministerial decision shall apply for tax periods commencing on or ...