News

Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), announced its plans to significantly expand its use of Carbon Capture, Use and Storage (CCUS), technology to meet a six-fold increase in the utilisation of CO2, for Enhanced Oil Recovery (EOR), over the next 10 years. The volume of the greenhouse gas safely locked away underground will be equivalent ...

Abu Dhabi / WAM Abu Dhabi Future Energy Company (Masdar) signed a memorandum of understanding (MoU) with Saudi Arabia’s Economic Cities Authority (ECA), to cooperate on projects and services to progress the Saudi Economic Cities initiative and in turn advance the strategic objectives of both parties. In the presence of Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, CEO ...

Abu Dhabi / WAM Masdar announced the signing of a collaborative agreement with Norwegian multinational oil and gas company Statoil to analyse data from ‘Batwind’ – the integrated energy storage system designed to store energy generated by Hywind Scotland, the first commercial-scale floating wind farm that was inaugurated by the two companies last October – and explore the battery’s potential ...

Abu Dhabi / WAM Masdar and Khalifa University of Science and Technology, and the Australian government have announced that they will collaborate on sea ice research and energy efficiency in Antarctica to enhance scientific understanding of the effects of global warming and climate change on the polar continent. Announced during Abu Dhabi Sustainability Week in the presence of Dr Thani ...

Dubai / WAM Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the sixth edition of the World Government Summit (WGS 2018), will run from February 11-13. The upcoming edition of the summit will bring pivotal changes to the structure of the event with a series of specialised international ...

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), and Abu Dhabi Future Energy Company (Masdar), held a panel discussion entitled ‘Renewables making waves in the Pacific: A new humanitarian model?’ that highlighted the success of the UAE-Pacific Partnership Fund (UAE-PPF). Held during Abu Dhabi Sustainability Week 2018, the session offered a fascinating glimpse into the role of aid ...

ABU DHABI / WAM The Abu Dhabi City Municipality (ADM), announced that the number of transactions executed through its municipal centres and digital channels in 2017 had reached 628,483 transactions. Transactions processed clocked 146,629 transactions in City Municipal Centre, 15,044 transactions in Musaffah Centre, 14,115 transactions in Al Shahama Centre, 17,666 transactions in Al Wathba Centre, 12,826 transactions in Bawabat ...

Dubai / Emirates Business Less than a month after increasing its capital to AED 1 billion through an Initial Public Offering (IPO), Gulf Navigation Holding PJSC has announced refinancing “Gulf Mishref” and “Gulf Mirdif” petrochemical carriers. The move underlines the increasing demand for the company’s shipping services, which requires increasing its fleet capacity to meet the demand for its services ...

DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) announced that it will host a series of “Business Best Practice Seminars” this month as part of the 10th cycle of Mohammed bin Rashid Al Maktoum (MRM) Business Award and the 2nd cycle of the MRM Business Innovation Award. Three best practice seminars, to be held on January 22nd, ...

Dubai / Emirates Business World-renowned home-grown airline and lifestyle brand Emirates has topped consumer brand sentiment in the UAE for the third year running in the latest Best Brand Rankings, released today by YouGov BrandIndex. YouGov used Buzz scores to compile the rankings. Buzz is calculated by asking consumers daily if they have ‘heard anything positive or negative about a ...