News

  Bloomberg UK car sales rebounded the most in seven months in January thanks to surging demand for battery-powered vehicles. New-car registrations rose 28% last month, according to data from the Society of Motor Manufacturers and Traders. One in five buyers opted for a car with a battery, with shipments of fully electric vehicles more than doubling and plug-in hybrids ...

  Bloomberg Mark Zuckerberg quipped that if he started to cry, it wasn’t because of the day’s news. His red, teary eyes were the result of a scratched cornea, the Facebook founder said, attempting to lighten the mood as Meta Platforms Inc.’s stock price lost more than a quarter of its value. At a company-wide virtual meeting, Zuckerberg explained that ...

  Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Thursday the discovery of natural gas resources offshore of the Emirate of Abu Dhabi. Interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession operated by Eni,indicate between 1.5 – 2 trillion standard cubic feet (TSCF) of raw gas in place. ...

Dubai / WAM The Mohammed Bin Rashid Space Centre (MBRSC) on Thursday announced that it is all set to host the 17th International Conference on Space Operations (SpaceOps 2023), one of the world’s leading and premier space events at the World Trade Centre in Dubai, UAE. The event, being held for the first time ever in the Arab world, is ...

  ABU DHABI / WAM Aldar Properties (Aldar) announced plans to invest AED1 billion into Aldar Education, its wholly owned subsidiary, and the largest premium school operator in Abu Dhabi. With 80 percent of the investment already committed and planned for deployment over the next three years, Aldar will diversify its education portfolio and expand its offering to widen the ...

  ABU DHABI / WAM Abu Dhabi Convention and Exhibition Bureau (Adceb) has announced a new partnership with Miral, Abu Dhabi’s leading curator of magnetic experiences, to strengthen the emirate’s position as a leading destination for Meetings, Incentives, Conferences and Exhibitions (Mice), specifically targeting business events with more than 500 attendees. The partnership has resulted in the creation of the ...

  ABU DHABI / WAM Abdullah Mohamed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of Abu Dhabi Chamber of Commerce and Industry, has received Tugay Tuncer, Ambassador of Turkey to the UAE, at the chamber’s headquarters in Abu Dhabi. Al Mazrouei wished the Turkish Ambassador all the best in performing his duties ...

  ABU DHABI / WAM The UAE will celebrate the International Day of Human Fraternity on Friday, designated by the United Nations (UN) General Assembly on an initiative by the UAE, Saudi Arabia, Bahrain and Egypt to make February 4 an annual occasion to encourage solidarity and unity between peoples and promote the values of tolerance. The occasion constitutes the ...

  Abu Dhabi / WAM Abu Dhabi Waste Management Center (Tadweer) has adopted electronic approvals for No Objection Certificates (NOC) in Abu Dhabi for all requests that require technical reviewing by specialists in charge of issuing approvals related to infrastructure construction, building, and development projects. The move allows clients, including consultants, contractors, or developers, to acquire an NOC from the ...

  DUBAI / WAM The UAE and the German federal state of Bavaria have agreed to cooperate in tackling climate change and protecting the environment. In this context, Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, and Roland Weigert, Bavaria’s Vice Minister of Economic Affairs, Regional Development and Energy, signed a joint declaration of intent during the ...