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ABU DHABI/WAM Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and its partners, have reached a significant milestone in the development of their 1GW windfarm in Kazakhstan, with the signing of the project’s Investment Agreement. Signed on the sidelines of COP29 in Baku, the agreement was witnessed by Nurlan Baibazarov, Deputy Prime Minister, Minister of ...

ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, on Tuesday received  the speakers for GCC Shura Councils at Qasr Al Watan in Abu Dhabi. The meeting was attended by Ahmed bin Salman Al Musallam, Speaker for the Council of Representatives of the Kingdom of Bahrain; Dr Abdullah ...

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 received the Governor of Tokyo, Yuriko Koike, during a visit to the UAE. The meeting explored ways to further strengthen bilateral relations between the two countries and expand collaboration between Abu Dhabi ...

BAKU/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met on Tuesday with a number of heads of state and delegation leaders on the sidelines of the COP29 climate conference in Baku, Azerbaijan. His Highness held separate meetings with His Excellency Mohamed Ould Ghazouani, President of the Islamic Republic of Mauritania, His Excellency Recep Tayyip Erdogan, President of ...

BAKU / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday attended the opening session of the COP29 World Leaders Climate Action Summit and reiterated the UAE’s commitment to helping accelerate climate action and build a climate resilient economy for the future. Inaugurated by His Excellency Ilham Aliyev, President of Azerbaijan, the COP29 climate conference is ...

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) has exempted employers in the federal, government and private sectors from incurring fines for late contribution payments due for October and November 2024. This exemption follows a circular issued by GPSSA to employers across sectors to mark the launch of the Ma’ashi platform. According to Article No 13 ...

DUBAI / GULF TIME Yalla Group Limited, the largest Middle East and North Africa (MENA)-based online social networking and gaming company, on Tuesday announced strong financial results for the third quarter of the fiscal year 2024 ending on September 30 2024. According to the financial data, the company has posted a 4.4% revenue increase, reaching AED 326.5 million ($88.9 million), ...

ABU DHABI / WAM Abu Dhabi National Insurance Company (ADNIC) announced its financial results for the first nine months of 2024, reporting a net profit before tax of AED342.5 million, highlighting the company’s solid financial performance and successful execution of key strategic growth initiatives. Following Adnic’s successful acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company (ASF) ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Duma Gideon Boko on being sworn in as President of the Republic of Botswana. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness Sheikh Mansour ...

SHARJAH/GULF TIME The Sharjah Airport International Free Zone (SAIF Zone) has signed a lease agreement with EMX, the logistics arm of 7X, for the lease of their new 6500 square-foot logistics warehouse. The agreement was signed by HE Saud Salim Al Mazrouei, Director of SAIF Zone, and Tariq Alwahedi, General Manager of EMX, during a ceremony attended by officials and ...