News

Abu Dhabi’s data centre industry power investments to exceed AED37 bn: TAQA CEO

ABU DHABI, 29th May, 2025 (WAM) – Abu Dhabi National Energy Company (TAQA) is poised to significantly bolster Abu Dhabi’s burgeoning data and artificial intelligence hub, with its CEO and Managing Director announcing that total investments to support the power needs of the data centre industry in the emirate will exceed AED37 billion. This announcement aligns with TAQA’s broader strategy ...

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UAE, Sweden discuss strengthening cooperation

ABU DHABI / WAM Dr. Ali Rashid Al Nuaimi, Chairman of the Committee on Defence, Interior, and Foreign Affairs in the Federal National Council (FNC), met with Fredrik Floren, Ambassador of Sweden to the UAE, to discuss ways to enhance bilateral and parliamentary cooperation between the two countries. The meeting, held today in Abu Dhabi and attended by Sheikha Saeed ...

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Prospect and Mulk Properties Officially Launch The LX – AED 350 Million Premium Commercial Development in Arjan, Dubai

DUBAI / GULF TIME In a strategic move to address Dubai’s growing demand for premium commercial spaces, Prospect, in partnership with Mulk Properties, has officially launched The LX – a landmark AED 350 million boutique office and retail development in Arjan, one of the city’s most dynamic and rapidly expanding districts. One Broker Group (OBG) will be the exclusive sales ...

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Khaled bin Mohamed bin Zayed attends World Utilities Congress 2025

ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended the 4th World Utilities Congress, hosted by Abu Dhabi National Energy Company (TAQA) at ADNEC Centre Abu Dhabi from 27th to 29th May 2025. During the visit, H.H. Sheikh Khaled toured several stands of ...

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UAE, France explore cooperation in hydrogen, nuclear energy

PARIS/ WAM A UAE delegation wrapped up a three-day visit to France, where they discussed opportunities for cooperation and exchanged best practices with key French stakeholders to leverage innovative ways to approach upcoming challenges of the energy transition. The visit was part of the UAE’s efforts to build synergies with other countries in driving sustainable development and enhancing energy security. ...

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ADNOC Drilling partners with SLB in Kuwait, Oman land drilling rigs business

ABU DHABI/WAM ADNOC Drilling Company announced today that it has signed an agreement to acquire a 70% stake in SLB’s land drilling rigs business in Kuwait and Oman, comprising eight fully operational land rigs under contract with the respective national oil companies (NOCs) of both countries. Abdulrahman Abdulla Al Seiari, ADNOC Drilling CEO, said, “This acquisition is a natural next ...

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UAE ship carrying 14 water desalination plants arrives in Cyprus

NICOSIA/WAM As part of the strong bilateral ties between the UAE and Cyprus, a ship carrying water desalination plants has arrived at Limassol Port to provide clean drinking water and support sustainable global water security. The shipment includes 14 desalination units based on Reverse Osmosis technology, with a production capacity of up to 15,000 cubic metres per day (3.3 million ...

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UAE Media Council announces launch of comprehensive system to regulate, stimulate growth in media sector

DUBAI / WAM The UAE Media Council launched a comprehensive system to regulate, empower, and stimulate growth in the media sector. This initiative builds upon the transformative journey initiated with the Council’s establishment in February 2023 and the subsequent issuance of the Media Regulation Law and its Executive Regulation. The announcement was made during a press conference, held on Thursday ...

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ADIO partners with Metal Park to establish Industry 4.0 Competence Centre in Abu Dhabi

ABU DHABI / WAM The Abu Dhabi Investment Office (ADIO), in partnership with Metal Park Investment ME Ltd, announced the establishment of a dedicated Industry 4.0 Competence Centre in Abu Dhabi. The advanced technology hub will play a central role in accelerating the digitalisation of the metal manufacturing sector, supporting the emirate’s ambition to lead globally in next-generation industrial innovation. ...

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