ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) on Wednesday announced that it is moving ahead with plans to expand the capture, storage and utilisation of carbon dioxide (CO2), produced from either the Habshan-Bab gas processing facilities or the Shah gas plant. A decision on which plant to capture the CO2 from first will be taken in ...
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UAE develops strategy to promote knowledge-based manufacturing
ABU DHABI / WAM The UAE Government adopted the launch of the Industrial Development Strategy 2030, with a view to develop and build the capacities of the UAE industrial sector. The strategy includes developing a road map to achieve a number of objectives within a specific time frame, establish a set of enablers that would increase the contribution of the ...
Read More »Senaat issues seven-year sukuk worth AED1.1bn
ABU DHABI / WAM Senaat, one of the largest industrial investment holding companies in the UAE, announced that it has successfully issued AED1.1 billion ($300 million) through a fixed rate senior unsecured US dollar denominated RegS sukuk with a 7 year tenor. The issue follows a series of investor meetings which took place in Europe and Asia, as well as ...
Read More »Non-oil sector driving UAE growth
Emirates Business The economic outlook for UAE is set to accelerate to 2 percent this year, up from the eight-year low of 0.8 percent in 2017, supported by rising oil prices, regional economic recovery, higher public spending and investment and a build-up in business momentum, according to ICAEW’s latest Economic Insight report. The accountancy and finance body says the non-oil ...
Read More »We are continuing our advanced, journey to improve people’s lives
ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has stressed the importance of utilising digital tools in the design and implementation of government services. “We want the UAE Government to develop unique services using innovative tools and advanced technologies, that contribute towards providing the ...
Read More »Mohamed: UAE is moving in an accelerated pace towards UAE Vision 2071
ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have affirmed that the UAE, under the leadership of President His Highness Sheikh ...
Read More »Etihad Airways launches inaugural flight to Barcelona
ABU DHABI / WAM Etihad Airways’ first-ever scheduled flight, EY49, linking Abu Dhabi and Barcelona, departed from Abu Dhabi on Wednesday morning carrying a special delegation including dignitaries, media representatives, influencers and senior members of Etihad Airways’ management team. The UAE national airline is celebrating the occasion in style by hosting a special event held at the historic Capella dels ...
Read More »500-strong team brainstorming UAE’s future over next 50 years: Al Gergawi
Abu Dhabi / WAM A 500-strong team is collectively working to ensure effective brainstorming at generating innovative ideas for the fulfillment of the country’s vision adopted by President His Highness Sheikh Khalifa bin Zayed Al Nahyan; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness Sheikh Mohamed ...
Read More »dnata invests in AI-driven tech, acquires major stake in bd4travel
Dubai / Emirates Business dnata, one of the world’s largest air services providers, announced that it acquired a majority stake in bd4travel (Big Data for Travel), an award-winning tech company, which provides artificial intelligence(AI)-driven IT solutions to online travel agencies. Based in Germany and the UK, bd4travel’s services were designed specifically to meet the challenges of the travel industry. The ...
Read More »City University College of Ajman marks National Day
Ajman / Emirates Business To mark the United Arab Emirates’ 47th National Day, City University College of Ajman (CUCA) celebrated the Spirit of the Union through a full day program, attended by the college’s management, faculty, students and staff. The ceremony reflected and rejoiced the distinctive Emirati Culture. The UAE National Day Celebration included various interactive activities and was initiated ...
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