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Germany, India to boost cooperation in renewables, defense

BLOOMBERG Germany and India agreed to partner on technology to make a transition to renewable energy easier, and deepen defense cooperation and trade during Chancellor Olaf Scholz’s first visit to the South Asian nation as leader. “We want to further strengthen trade ties between the European Union and India,” Scholz said in New Delhi after meeting Indian Prime Minister Narendra ...

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Apple makes progress on no-prick blood glucose tracking for its watch

BLOOMBERG Apple Inc. has a moonshot-style project underway that dates back to the Steve Jobs era: noninvasive and continuous blood glucose monitoring. The goal of this secret endeavour — dubbed E5 — is to measure how much glucose is in someone’s body without needing to prick the skin for blood. After hitting major milestones recently, the company now believes it ...

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Deals worth AED23.34 billion signed at Idex, Navdex 2023

Abu Dhabi / WAM Tawazun Council signed 11 deals, worth AED2.2 billion, with local and international companies on behalf of the Ministry of Defence on the fifth and final day of the International Defence Exhibition (Idex) and the Naval Defence Exhibition (Navdex) 2023. This makes the cumulative value of the deals Tawazun Council signed on behalf of the Ministry of ...

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UAE leaders wish President of Estonia on Independence Day

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Alar Karis of Estonia on the occasion of his country’s Independence Day, marked on February 24. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, dispatched similar messages ...

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UAE, Kuwait non-oil trade surges 87% in ten years

  Abu Dhabi / WAM Non-oil foreign trade between the UAE and Kuwait has grown 87% over the past ten years to reach AED43 billion by the end of 2022, compared to AED23.3 billion in 2013, according to preliminary data issued by the UAE’s Federal Competitiveness and Statistics Centre (FCSC). The FCSC data showed total trade between the two countries ...

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Masdar makes investment in one of world’s largest geothermal players

  Abu Dhabi / WAM Masdar, a leading global clean energy company, has announced a strategic investment in Pertamina Geothermal Energy (PGE), one of the largest geothermal players worldwide. This marks Masdar’s entry into the geothermal energy sector, in the world’s second-largest geothermal market. Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and Chairman Masdar, said, “Achieving ...

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UAE, Algeria discuss ways to enhance cooperation

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation; and Ahmed Zeghdar, Algerian Minister of Industry, have discussed prospects for enhancing cooperation between the two countries, especially in the economic, industrial and commercial sectors. In a meeting between HH Sheikh Abdullah and Zeghdar in Abu Dhabi, they reviewed several ...

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Dubai records AED10b realty deals in 7 days

  Dubai / WAM According to the Dubai Land Department (DLD) weekly report, there were 3,267 real estate and property deals conducted in Dubai during the week ending February 24, with a total value of AED10 billion. Of these transactions, 168 plots were sold for AED1.26 billion, while 2,230 apartments and villas were sold for AED5.14 billion. The top three ...

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Unit 3 of Barakah nuclear plant begins commercial operations

Abu Dhabi / WAM Emirates Nuclear Energy Corporation (Enec) announced that its operating and maintenance subsidiary Nawah Energy Company (Nawah), has commenced commercial operations of Unit 3 of Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi. As the third unit to be delivered in three consecutive years, this major accomplishment adds a further 1,400 megawatts (MW) ...

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UAE, Kuwait trade soars to 87% to AED43b in 10 years

  Abu Dhabi / WAM Non-oil foreign trade between the UAE and Kuwait has grown 87 percent over the past ten years to reach AED43 billion by the end of 2022, compared to AED23.3 billion in 2013, according to preliminary data issued by the UAE’s Federal Competitiveness and Statistics Centre (FCSC). The FCSC data showed that the total trade between ...

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