News

Mubadala Energy expands Andaman Sea position

ABU DHABI/WAM Mubadala Energy, the Abu Dhabi headquartered international energy company on Wednesday announced two significant milestones in its Andaman exploration activities. The company together with Harbour Energy has been awarded the Central Andaman licence (Harbour 60% operated interest, Mubadala Energy 40 percent) by MIGAS, the Indonesian oil and gas regulator as part of the recent Indonesian licensing round. The ...

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Khaled bin Mohamed bin Zayed chairs meeting of Executive Committee of ADNOC Board of Directors

ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors. During the meeting at ADNOC’s headquarters, His Highness endorsed ADNOC’s innovative Artificial Intelligence and Digital Technology (AIDT) ...

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UAE and Cyprus Presidents discuss cooperation and regional developments

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Nikos Christodoulides, President of the Republic of Cyprus, discussed bilateral cooperation and explored opportunities to strengthen strategic relations, particularly in the economic and developmental sectors, in ways that serve mutual interests. The meeting took place in Abu Dhabi, where His Highness the UAE President welcomed ...

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UAE emerges as key player in global development, strengthens role in China’s Belt and Road Initiative

ABU DHABI/WAM The United Arab Emirates has emerged as a key player in regional and global development, driven by its visionary leadership, strategic location, and favourable business climate. This established the country as an influential economic force, particularly in supporting major global initiatives such as China’s Belt and Road Initiative (BRI), launched by President Xi Jinping in 2013. The UAE ...

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UAE marks successful series of first-ever HAPS flights

ABU DHABI/WAM Mira Aerospace, a global leader in High Altitude Platform Station (HAPS) technology and a joint venture between Bayanat, a leading provider of AI-powered geospatial analytics, and UAVOS, a US-based developer and manufacturer of advanced unmanned systems, has announced the completion of a successful series of HAPS flights in the UAE. The success of these test flights reinforces the ...

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UAE emerges as key player in global development, strengthens role in China’s Belt and Road Initiative

ABU DHABI/WAM The United Arab Emirates has emerged as a key player in regional and global development, driven by its visionary leadership, strategic location, and favourable business climate. This established the country as an influential economic force, particularly in supporting major global initiatives such as China’s Belt and Road Initiative (BRI), launched by President Xi Jinping in 2013. The UAE’s ...

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Abu Dhabi’s AI sector booms with 41.3% annual surge in new companies

ABU DHABI/WAM The Abu Dhabi Chamber of Commerce and Industry reported that it registered over 400 AI companies in Abu Dhabi by the end of the second quarter of 2024, showcasing a rapid growth and increasing interest in AI and its applications in the emirate.A recent study by the Abu Dhabi Chamber revealed that, on average, one AI company was ...

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Drydocks World signs deal for largest floating sheerleg crane in MENA

DUBAI/WAM Drydocks World on Tuesday signed a contract with Shanghai Zhenhua Heavy Industries Co. Ltd. (ZPMC) to acquire a new generation 5,000-tonne Floating Sheerleg Crane, which will help meet the growing demand for large-scale offshore projects. The signing ceremony took place in Dubai, attended by Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, Captain Rado Antolovic, PhD, ...

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WGES 2024 hosts prominent international speakers, experts

DUBAI/WAM The 10th World Green Economy Summit (WGES) will feature global experts, government representatives, international organisations, academics, and the media. Scheduled for October 2 and 3 2024 at the Dubai World Trade Centre, the summit aims to enhance international cooperation and foster dialogue on environmental and economic objectives, as well as building a sustainable and inclusive future. WGES 2024 will ...

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Abu Dhabi to host 6th edition of Arab Water Forum

ABU DHABI/WAM  The Arab Water Council and dmg events will host the 6th Arab Water Forum from 16th to 18th September at the Abu Dhabi National Exhibition Centre (ADNEC), in collaboration with the League of Arab States, the UAE Ministry of Energy and Infrastructure, and the Egyptian Ministry of Water Resources and Irrigation. The triennial event has established itself as ...

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