News

  Abu Dhabi / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, on Thursday launched the Abu Dhabi Industrial Strategy to strengthen the emirate’s position as the region’s most competitive industrial hub. Abu Dhabi government will invest AED10 billion across six transformational programmes to ...

  ABU DHABI / WAM The UAE on Thursday sent a plane carrying 52 metric tons of food supplies to support Ukrainian refugees in the Republic of Bulgaria as part of the continuous relief provided by the UAE to alleviate the humanitarian impact faced by Ukrainian refugees in countries neighboring Ukraine. The number of refugees in Bulgaria is estimated at ...

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, and e& enterprise, part of e& (formerly known as Etisalat Group), Thursday announced the launch of the region’s first AI CoE. The launch highlights the importance of pursuing partnerships and collaborations with businesses, governments, investors, and startups to create a smarter, safer, and more sustainable world through the co-creation ...

  Abu Dhabi / WAM Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has celebrated its tenth anniversary after emerging as an independent entity from Mubadala’s energy unit in 2012. Since then, the company has continued to grow and now spans eleven markets, employs over 500 people and is making a significant contribution to the energy transition through its ...

Bloomberg Oil rallied for a fourth day as a government report showed US stockpiles dropped last week, exacerbating global supply concerns with shipments from Libyan ports suspended. West Texas Intermediate rose as much as 2.4% to trade near $114 a barrel. US crude stockpiles fell 2.76 million barrels last week, according to an Energy Information Administration (EIA) report on Wednesday. ...

  VIENNA / WAM The UAE has presented its Fourth National Report on Compliance with the Obligations of the Joint Convention on the Safety of Spent Fuel Management and on the Safety of Radioactive Waste Management. The UAE is participating as a Contracting Party to the Joint Convention, which is holding its 7th review meeting at the International Atomic Energy ...

  Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) announced that it has listed Invictus Investment Company, a trading firm specialising in agro-food commodities, raw materials for industries and finished goods, and a subsidiary of Invictus Holding Limited. The company made its trading debut on Abu Dhabi Securities Exchange’s Growth Market as it takes steps to broaden the products ...

  Dubai / WAM Dubai Future Foundation (DFF) organised an event bringing together startups with venture capital firms to explore opportunities for collaboration and growth in the technology and digital economy sector. In line with DFF’s ongoing efforts to enhance Dubai’s position as a global hub for tech innovators and investors, the event was part of the “10×10” initiative launched ...

  Abu Dhabi / WAM Sharif Al Olama, Under-Secretary of the Ministry of Energy and Infrastructure for Energy and Petroleum Affairs, highlighted the deep-rooted ties between the UAE and Germany, lauding their overall relations. He made this statement while heading an Emirati delegation visiting Germany, in the presence of Abdullah Al Hameli, Head of Political Affairs Section at the UAE ...

  Abu Dhabi / WAM Etihad Airways and Abu Dhabi International Airport have geared up resources and are ready to welcome 2.7 million network passengers over the summer months, following a surge in demand for global travel. Over 1.4 million passengers will depart from Abu Dhabi International Airport, including 330,000 local joiners, with more than 1,100 weekly network-wide departures. Mohammad ...