News

Tadweer’s My Sustainable City initiative unveiled in Abu Dhabi

ABU DHABI / WAM Abu Dhabi Waste Management PJSC (Tadweer) and the Municipal Community Centre have launched the ‘My Sustainable City’ initiative to collect and transport green and bulky waste in Khalifa City and Mohamed Bin Zayed City. The initiative comes as part of the Abu Dhabi Programme for Effortless Customer Experience. Under the initiative, Tadweer will allocate two days ...

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ADJD’s centre, Dubai Medical College discuss enhancing cooperation

ABU DHABI / WAM The Centre for Forensic and Digital Sciences of the Abu Dhabi Judicial Department (ADJD) has received a delegation from the Dubai Medical College for Girls to develop cooperation and partnership and exchange knowledge in areas of common interest. This initiative is in line with the directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice ...

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Sharjah Ruler issues Emiri decree establishing University of Kalba

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree on the establishment of the University of Kalba (UoK). The Decree stipulates the establishment of a non-profit Arab academic scientific institution in the Emirate of Sharjah named the “University of Kalba”. The university is a legal entity ...

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Adnoc Distribution signs pact with India’s HPCL

ABU DHABI / WAM Adnoc Distribution on Monday announced the signing of an agreement with Hindustan Petroleum Corporation Limited (HPCL), one of India’s largest lubricant marketers and fuel retailing companies. The agreement highlights the mutual intent of both companies to explore avenues for expanding their respective international lubricants and allied products businesses in the UAE, India and other potential markets. ...

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Abu Dhabi’s non-oil economy value grows to 9-year high in Q1

ABU DHABI / WAM Statistics Centre – Abu Dhabi (SCAD) has released estimates showing that Abu Dhabi’s gross domestic product (GDP) grew by 3.9 percent in the first quarter of 2023 compared to the same period in 2022. This growth was driven by the robust performance of non-oil economic activities in the emirate. The statistics indicate a remarkable 6.1 percent ...

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BaseTracK opens office at Rakez, rolls out first autonomous truck

RAS AL KHAIMAH / WAM Leading global innovator in autonomous vehicle technology, BaseTracK, chose the UAE as its research and development base by setting up its office and workshop in Ras Al Khaimah Economic Zone (Rakez). Along with the facility inauguration, BaseTracK unveiled its first local autonomous truck at an immersive test-drive event in Al Hamra, marking a significant milestone ...

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UAE leaders congratulate President of Madagascar on Independence Day

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Andry Rajoelina, President of Madagascar, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and HH Sheikh Mansour bin Zayed Al Nahyan, ...

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Nvidia tops Tesla as ESG funds ratchet up AI exposure

BLOOMBERG  Nvidia Corp’s stratospheric ascent has lured at least 100 more ESG funds in recent weeks, transforming the company into one of the most popular stocks among asset managers who integrate environmental, social and governance metrics into their investment strategies. There are now over 1,400 ESG funds directly holding Nvidia, according to data compiled by Bloomberg based on the latest ...

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