ABU DHABI / WAM The European Union (EU) delegation to the United Arab Emirates hosted a diplomatic reception in Abu Dhabi to celebrate the 73rd ‘Europe Day’, with UAE partners, government officials, key figures and members of the diplomatic community and international organisations. Held at the Park Hyatt Abu Dhabi Hotel, the event was attended by Ayesha Bin Suwaidan, Director of ...
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Masdar, Irena partner to triple global renewable energy capacity by 2030
ABU DHABI / WAM Abu Dhabi Future Energy Company PJSC — Masdar, one of the world’s leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (Irena) to cooperate on a major international knowledge project setting out the means to triple global renewable energy capacity by 2030. During the UAE Climate Tech Forum in Abu Dhabi, ...
Read More »MoHRE opens nominations for Emirates Labour Market Award
DUBAI / WAMÂ The Ministry of Human Resources and Emiratisation (MoHRE) will begin accepting applications for the first edition of the Emirates Labour Market Award on June 1. The award, which was approved by the UAE cabinet in March will be held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and ...
Read More »Sheikh Abdullah bin Zayed receives NDC delegation
ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received a delegation from the National Defence College (NDC), headed by Major General Salem Saeed Al Shamsi, Commander of the NDC. HH Sheikh Abdullah expressed his warm welcome to the delegation from the NDC, a globally renowned specialist scientific institution, which plays ...
Read More »Aramex Q1 gross profit up 4% to hit AED358 million
DUBAI / WAM Aramex on Thursday announced its financial results for the first quarter (Q1) ending on March 31. Aramex’s Q1 2023 revenues were driven by stable performance in international express and the resilience of the freight-forwarding and logistics and supply chain solutions businesses. Revenue continued to be impacted by currency fluctuations, inflationary pressures, and normalisation of worldwide shipping flows. ...
Read More »COP28 chief convenes CEO decarbonisation roundtable at UAE forum
ABU DHABI / WAM COP28 President-Designate Dr Sultan Al Jaber convened a CEO roundtable on the sidelines of the UAE Climate Tech forum, bringing together oil and gas, heavy emitting industries, technology providers, bankers and financial institutions to discuss, debate and find tangible solutions to address the urgent need for decarbonisation and emissions reduction. The roundtable follows the call to ...
Read More »Etihad Cargo awarded TIACA rating for decarbonisation
ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Airways, has achieved a major milestone in its sustainability journey, achieving advanced ratings for key criteria in the BlueSky Sustainability Verification Programme assessment. The carrier was the first Middle Eastern airline to join the programme, which aims to assess, verify and validate the sustainability performance of air ...
Read More »Abu Dhabi, AIM partner with China to attract capital-rich firms
ABU DHABI / WAM The United Arab Emirates’ capital, Abu Dhabi, is set to further solidify its prominence as a leading hub of dynamic institutions and industry-leading initiatives with the Annual Investment Meeting (AIM) entering into a partnership with Beijing-based investment banking firm and fund manager China Bridge Capital and Silicon-based NextG Tech Ltd. The agreement was signed during this ...
Read More »UAE-France trade up 17% to hit AED29.5bn in 2022
ABU DHABI / WAM The trade exchange between the UAE and France grew by 16.8 percent in 2022, reaching AED29.44 billion ($8 billion), compared to AED25.2 billion ($6.8 billion) in 2021, according to data from the Federal Competitiveness and Statistics Centre. In 2022, the bilateral trade between the two countries consisted of imports valued at AED 25.2 billion, while exports ...
Read More »Adnoc Gas reports Q1 net income of $1.3bn
ABU DHABI / WAM Adnoc Gas plc on Thursday announced its first quarterly financial results since its formation and initial public offering (IPO) for the three months ended on March 31. The company’s unaudited pro forma financial results for the comparative period (the three-month period ended on March 31, 2022 (Q1 2022)) noted herein are reported on a pro forma ...
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