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Bloomberg Saudi Arabia said it would use one of the world’s biggest natural-gas projects to make blue hydrogen, as the kingdom steps up efforts to export a fuel seen as crucial to the green-energy transition. A large portion of gas from the $110 billion Jafurah development will be used for blue hydrogen, according to Energy Minister Prince Abdul Aziz bin ...

ABU DHABI / WAM The Abu Dhabi International Petroleum Exhibition and Conference (Adipec) announced that it will be held in person this year between November 15-18, bringing together experts from across the sector and giving all attendees the chance to shape the future of the energy landscape. The exhibition will be held under the patronage of President His Highness Sheikh ...

DUBAI / WAM Chairman of UAE Banks Federation (UBF), Abdul Aziz Al Ghurair, on Sunday held a press conference – his first since the UAE eased Covid-19 restrictions – during which he addressed a number of topics related to the post-pandemic recovery and growth of the UAE banking sector. Topics of discussion included the banking sector’s achievements during and post-Covid ...

Dubai / WAM Dubai Chamber’s representative office in Mozambique organised a webinar in cooperation with the South African Business Council in the UAE (Sabco) and in association with Absa, which examined the bilateral economic synergies between the UAE and South Africa, and promoted Dubai as a global hub for South African companies. The virtual event, attended by 113 participants from ...

Dubai / WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), said the world is changing faster than in any previous historic era. “Today, we are witnessing the fourth industrial revolution, which is characterised by artificial intelligence (AI) and biotechnology, all countries aim to promote innovation and discover outer space, after realising that traditional industries cannot help them achieve ...

Dubai / WAM Gulf Pharmaceutical Industries (Julphar), one of the largest pharmaceutical manufacturers in the Middle East and Africa, is participating in Expo 2020 Dubai as a strategic partner of Fazaa Pavilion. During its participation, Julphar is showcasing its future vision towards a sustainable future for the pharmaceutical industry, introducing new trends, holding discussion panels with the participating parties and ...

Sharjah / WAM Sharjah Airport welcomed the inaugural flight of Ukraine’s ‘Bees Airlines’, arriving from Kiev International Airport. The flight was greeted by a water salute upon arrival at the Sharjah Airport runway after crossing the traditional water sprinkler arches, in the presence of Ali Salim Al Midfa, Chairman of Sharjah Airport Authority, attended the meeting alongside Sheikh Faisal bin ...

Dubai / WAM Etihad Credit Insurance (ECI) in partnership with the World Business Angels Investment Forum (WBAF), hosted the World Business Angel Investors Week at Dubai Exhibition Centre at Expo 2020 Dubai. As an affiliated partner of G20 Global Partnership for Financial Inclusion, WBAF coordinates the World Business Angel Investors Week, which was held globally from October 18-24 and participated ...

Bloomberg Oil posted the longest stretch of weekly advances since 2015 as Opec+ producers only modestly supply the market and as US crude supplies shrink. Crude futures rise 1.5% in New York, up for a ninth straight week. President Joe Biden said that Americans should expect high gasoline prices to continue into next year because of supply being withheld by ...

DUBAI / WAM The UAE’s election to the UN’s Human Rights Council (UNHRC) for the third time reflects the country’s “increasing international presence,” the Vice-President of the European Commission for promoting our European way of Life said. In exclusive statements to the Emirates News Agency (WAM), Margaritis Schinas described the UAE as “a pole of power, influence and inspiration.” Schinas ...