News

Barakah plant’s Unit 4 set for operational readiness test

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has announced that Unit 4, the fourth and final unit at the Barakah Nuclear Energy Plant in Abu Dhabi, has begun its operational readiness preparations. The operations team at Barakah have now commenced the operational readiness testing required to demonstrate the unit is ready to receive the Operating License from ...

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Mohammed bin Rashid honours 16 entities leading in CSR with Community Impact Medal

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the honouring of a number of companies leading in Corporate Social Responsibility (CSR), in recognition of their important role in consolidating sustainability practices. His Highness Sheikh Mohammed stressed the importance of strengthening and organising Corporate Social ...

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UAE signs air services agreement with Peru

LIMA / PERU / WAM The UAE and the Republic of Peru signed an air services agreement, with Mohammed Abdullah Al Shamsi, UAE ambassador to the Republic of Peru, signing on behalf of the UAE and Gervasi Díaz, Minister of Foreign Affairs, representing Peru. This agreement will open new horizons for cooperation between the two countries and promote intra-trade. Al ...

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Abu Dhabi’s Mubadala, SailGP embark on new partnership

LONDON / WAM SailGP, the world’s most exciting race on water, has announced a new partnership with Mubadala Investment Company, an Abu Dhabi-based international investor, as Global Series Partner. This collaboration brings together two leading-edge organisations, building on Mubadala’s successful two-year tenure as the SailGP Season Grand Final title partner in San Francisco. The new partnership extends for the next ...

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ADX, Luxembourg Stock Exchange sign agreement

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) and Luxembourg Stock Exchange (LuxSE) signed a memorandum of understanding (MoU), to establish a framework for cooperation between the two institutions. The MoU aims to facilitate the dual listing of a broad range of financial instruments, maximise access to European, Middle Eastern, and international investors, expand pre- and post-listing services, provide ...

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18th Conference of Youth to be held in UAE in November

BONN / WAM The Arab Youth Centre, the American University of Sharjah (AUS), and New York University Abu Dhabi’s Green House are honoured to announce their selection as official co-hosts for the upcoming 18th edition of the Conference of Youth (COY18). To be held in November in the UAE in the lead-up to the United Nations Climate Change Conference of ...

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UAE’s Multiply to help rid oceans of plastic pollutants

ABU DHABI / WAM Multiply Group, an Abu Dhabi-based investment holding company, is partnering with US-based 4ocean, a purpose-driven B Corp (certified public benefit organisation) with a mission to end ocean plastic crisis, to offset more than 100,000 pounds of plastic waste and contribute to ocean and coastline clean-up efforts around the world as part of its “Cleaning Up the ...

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Dubai records over AED1.8b in realty deals

DUBAI / WAM Dubai’s real estate market recorded 547 sales transactions worth AED1.25 billion on Thursday, in addition to 95 mortgage deals totalling AED386.79 million, and 49 gift deals amounting to AED177.98 million, data released by Dubai’s Land Department (DLD) showed. The sales included 503 villas and apartments worth AED1.03 billion, and 44 land plots worth AED214.38 million. The mortgages ...

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