Abu Dhabi / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, on Thursday launched the Abu Dhabi Industrial Strategy to strengthen the emirate’s position as the region’s most competitive industrial hub. Abu Dhabi government will invest AED10 billion across six transformational programmes to ...
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UAE sends food supplies for Ukrainian refugees in Bulgaria
ABU DHABI / WAM The UAE on Thursday sent a plane carrying 52 metric tons of food supplies to support Ukrainian refugees in the Republic of Bulgaria as part of the continuous relief provided by the UAE to alleviate the humanitarian impact faced by Ukrainian refugees in countries neighboring Ukraine. The number of refugees in Bulgaria is estimated at ...
Read More »Hub71, e& enterprise to launch UAE’s first AI center of excellence
Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, and e& enterprise, part of e& (formerly known as Etisalat Group), Thursday announced the launch of the region’s first AI CoE. The launch highlights the importance of pursuing partnerships and collaborations with businesses, governments, investors, and startups to create a smarter, safer, and more sustainable world through the co-creation ...
Read More »Mubadala Petroleum celebrates decade of growth
Abu Dhabi / WAM Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has celebrated its tenth anniversary after emerging as an independent entity from Mubadala’s energy unit in 2012. Since then, the company has continued to grow and now spans eleven markets, employs over 500 people and is making a significant contribution to the energy transition through its ...
Read More »Beijing urges Nato allies to abandon ‘cold war thinking’
Bloomberg China urged Nato to abandon what it called a Cold War mentality after the military alliance said the Asian nation poses systemic challenges to security. Nato’s so-called Strategic Concept, a document on policy guidelines adopted at an alliance summit in Madrid on Wednesday, is “filled with Cold War thinking and ideological bias†and is “maliciously attacking and smearing China,†...
Read More »ERC provides humanitarian, food aid to 150,000 refugees
ABU DHABI / WAM With the support of His Highness Sheikh Saeed bin Zayed Al Nahyan, Abu Dhabi Ruler’s Representative, the Emirates Red Crescent (ERC) has provided humanitarian and food aid to over 150,000 refugees in Jordan, Bangladesh, Iraq’s Kurdistan Region, and Turkey. The ERC’s aid also included air conditioners sent to the UAE-Jordanian Camp for Syrian Refugees in ...
Read More »DFF hosts startups and VCs to explore collaborations in tech
Dubai / WAM Dubai Future Foundation (DFF) organised an event bringing together startups with venture capital firms to explore opportunities for collaboration and growth in the technology and digital economy sector. In line with DFF’s ongoing efforts to enhance Dubai’s position as a global hub for tech innovators and investors, the event was part of the “10×10” initiative launched ...
Read More »Thani Al Zeyoudi promotes trade agenda during Florida visit
WASHINGTON DC / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, concluded a two-day visit to Florida, which focused on expanding the bilateral UAE-US trade and commercial relationship. His trip to the “Sunshine State†builds on recent economic development missions to the UAE by local South Florida officials. Dr Al Zeyoudi met Broward County ...
Read More »UK power grid investors set for higher returns than expected
Bloomberg Investment returns from UK power network operators are set to be higher than analysts expected as the regulator unveiled a $25.5 billion budget for expanding the grid for the green-energy transition. Ofgem said it’s proposing tough efficiency targets for the networks, along with a reduction in their allowed rate of equity return to 4.75% from about 6%. While ...
Read More »Nato formally invites Sweden, Finland to join military alliance
Bloomberg Nato leaders formally invited Sweden and Finland to join the military alliance, paving the way for reshaping European defense by lengthening its border with Russia. “The accession of Finland and Sweden will make them safer, Nato stronger, and the Euro-Atlantic area more secure,†according to summit conclusions agreed by Nato leaders in Madrid after weeks of stalling by Turkey. ...
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