News

NEW YORK / WAM In a statement to the UN Security Council’s quarterly open debate on the situation in the Middle East, including the Palestinian Question, the UAE noted recent positive developments to advance peace in the Middle East and to help resume the negotiation process and build confidence between the parties to advance the Middle East Peace Process. The ...

ABU DHABI / WAM Fertiglobe plc, a subsidiary of Adnoc and OCI, on Wednesday announced the successful completion of its initial public offering (IPO) bookbuilding process, and the final offer price of its initial public offering. Fertiglobe is the world’s largest seaborne exporter of urea and ammonia combined, the Middle East and North Africa’s largest producer of nitrogen fertilisers by ...

ABU DHABI / WAM Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (Adnoc), reinforced the United Arab Emirates’ (UAE) commitment to India’s energy security and said the UAE will always remain India’s trusted partner of choice. Speaking virtually at the 5th India Energy ...

DUBAI / WAM The UAE Space Agency has signed a Memorandum of Understanding (MoU) with the Israel Space Agency to enhance cooperation in scientific research, space exploration and knowledge transfer to accelerate economic growth and human progress. Sarah bint Yousif Al Amiri, Minister of State for Advanced Technology and Chairwoman of the UAE Space Agency, said, “Sharing knowledge and expertise ...

ABU DHABI / WAM Emirates Development Bank (EDB) and the Abu Dhabi Investment Office (Adio) have announced the signing of a Memorandum of Understanding (MoU) to collaborate on promoting business setup and foreign direct investments into Abu Dhabi. The MoU between EDB and Adio aims to help private sector companies establish and grow in the Emirate of Abu Dhabi, while ...

MANAMA / WAM Sheikh Sultan bin Hamdan bin Zayed Al Nahyan, UAE Ambassador to Bahrain, has met with Sheikh Salman bin Khalifa Al Khalifa, Bahrain’s Minister of Finance and National Economy, where they discussed the distinguished relations between the two countries and ways to enhance cooperation to achieve their common interests. During the meeting, held at the Minister’s office in ...

ABU DHABI / WAM Etisalat Group and G42 have announced the signing of a binding agreement to merge their data centre (DC) offering in the UAE. A total of twelve data centres will be combined in a new joint venture business operating under Khazna Data Centres, creating the UAE’s largest data centre provider. G42 and Etisalat Group will each own ...

DUBAI / WAM The UAE government has launched “Pioneers of the Digital Economy” initiative, which aims to enhance capabilities of young talents and provide them with the knowledge and expertise needed to develop advanced future technology that will positively influence the UAE’s economy. The initiative also targets empowering talents to compete for the best job opportunities in global leading companies ...

ABU DHABI / WAM The UAE Cybersecurity Council and Etisalat have announced the successful completion of the first Bug Bounty pilot programme in collaboration with Beacon Red and Yogosha, during Gitex Technology Week 2021. The telecom company has signed a partnership agreement with Yogosha, a leading European crowdsourced cybersecurity company, and Beacon Red, a defense consulting firm, to launch the ...

ABU DHABI / WAM Abu Dhabi Chamber of Commerce and Industry (ADCCI) has organised a business meeting with a joint delegation from Estonia, Latvia and Sweden. The meeting was attended by Saeed Ghumran Al Rumeithi, BoD Deputy Treasurer of ADCCI; Mohamed Helal Al Mheiri, Director General of ADCCI; as well as Jaan Reinhold, Ambassador of Estonia to the UAE; Atis ...