Abu Dhabi / WAM “While people are proud of their achievements, we are proud of being the children of Sheikh Zayed, and while people talk of their history, we speak of the history of giving that began with the formation of the UAE,” said the late His Highness Sheikh Khalifa bin Zayed Al Nahyan, epitomising the nations’s approach from ...
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World leaders mourn death of Sheikh Khalifa
Abu Dhabi / WAM UAE rulers and leaders from the region and around the world have offered their condolences after the death of President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The Ministry of Presidential Affairs announced the death of Sheikh Khalifa on Friday. He was 73. In a tweet on his official Twitter account, His Highness Sheikh ...
Read More »Sheikh Khalifa was a dedicated leader: Sheikh Mohammed
Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has mourned the death of the leader of the nation, President His Highness Sheikh Khalifa bin Zayed Al Nahyan, who passed away on Friday, May 13. In a tweet on his official Twitter account, HH Sheikh Mohammed ...
Read More »Cepa to increase UAE imports from India by $14.3bn by 2030
Abu Dhabi / WAM Mohamed Ali Al Shorafa, Chairman of Abu Dhabi Department of Economic Development (Added), has said that the UAE and India are exploring mutual business opportunities with an unwavering commitment to further build on bilateral economic and trade relations. As part of his participation in the state delegation visiting India, Al Shorafa noted that the Comprehensive ...
Read More »Taqa group’s net income rises 37% to AED2bn in Q1 of 2022
Abu Dhabi / Gulf Time Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities in the region, reported consolidated financial results for the three months ended March 31. Taqa delivered strong performance underpinned by its stable regulated and contracted utilities businesses and boosted by higher commodity prices. The company reports group revenues of AED12.4 billion, ...
Read More »Fertiglobe revenues jump 118% to $1.2b in Q1 ’22
Abu Dhabi / WAM Fertiglobe, the strategic partnership between Adnoc and OCI, on Thursday reported its Q1 2022 results, announcing that revenues for the first quarter increased 118% to $1.2 billion, while adjusted Ebitda grew 171% to $625 million compared to Q1 2021. Adjusted net income in Q1 2022 was $361 million, increasing by 332% year-on-year, while free cash ...
Read More »Hub71 adds 16 new startups to its dynamic tech ecosystem
ABU DHABI / WAM Hub71, Abu Dhabi’s global tech ecosystem, has accepted 16 startups to join its growing community as part of accelerating the Emirate’s position as a leading innovation hub. By launching operations in Abu Dhabi, the new startup cohort, which has already raised more than AED 231 million in funding, will have the opportunity to develop advanced ...
Read More »ADDC to train Carrefour staff on energy efficiency
ABU DHABI / WAM Abu Dhabi Distribution Company (ADDC), a subsidiary of the Abu Dhabi National Energy Company (Taqa), on Thursday signed a memorandum of understanding (MoU) with Carrefour, owned by Majid Al Futtaim in the UAE, to expand its Green Corner initiative to include a pilot at Carrefour Al Saqr, located on Airport Road in the heart of ...
Read More »ZHIC shifts all e-services to TAMM system
Abu Dhabi / WAM Zayed House for Islamic Culture (ZHIC) has shifted all its e-services to Abu Dhabi Unified Government System (TAMM), in a move aimed at enabling the emirate’s community to complete comprehensive digital government services through a single point of contact easily and conveniently. This step comes as a part of Abu Dhabi digital strategy to develop, ...
Read More »UAE reaffirms its commitment to combat spread of Daesh in Africa
Abu Dhabi / WAM Khalifa Shaheen Al Marar, Minister of State, has participated in the Ministerial Meeting of the Global Coalition Against Daesh, which was co-chaired by the Kingdom of Morocco and the United States in Marrakesh. During the meeting, Al Marar underscored the need to enhance cooperation to counter the terrorist acts committed by Daesh, and prevent the ...
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