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XPANSE to premiere in November 2024 in Abu Dhabi

ABU DHABI / WAM 3,000 of the world’s brightest minds, technology trailblazers, Nobel laureates, industry leaders, CEOs, ministers, scientists, and internationally renowned thinkers will gather from November 20 to 22 at Adnec Center in Abu Dhabi for the grand premiere of XPANSE hosted by ADQ. From the creators of the acclaimed PUZZLE X Barcelona in partnership with Capital Events, Adnec ...

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ADGM grants FSP to Klickl to enhance Web3.0 offerings globally for SMEs

ABU DHABI / WAM Klickl announced its recent acquisition of a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This milestone not only enhances Klickl’s ability to offer both custody and brokerage services for virtual assets as a principal or agent but also marks a significant step in its strategy to ...

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Eagle Hills launches ‘Riga Waterfront’ in Latvia

RIGA / WAM Eagle Hills announced the launch of its new project, “Riga Waterfront”, which aims to develop the waterfront on the Daugava River in Riga, the capital of Latvia. The project’s investments exceed 3 billion euros. The project provides around 8,000 designed residential units that can accommodate over 30,000 residents. It also includes a diverse range of hotels with ...

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ADNOC to acquire 10% equity stake in major LNG development in Mozambique

ABU DHABI/ WAM ADNOC announced today the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, marking a major milestone in the company’s international growth strategy. The acquisition will entitle ADNOC to a share of the liquefied natural gas (LNG) production from the concession, which has a combined production capacity exceeding 25 million ...

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UAE takes part in inaugural meetings of Doha Dialogue

DOHA/WAM The UAE took part in the inaugural meetings of the Doha Dialogue, which focused on the temporary migration of workers from African nations to the Gulf Cooperation Council (GCC) countries, Jordan, and Lebanon. Held in Doha, Qatar, the meetings were attended by Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, as well as the ministers of labour ...

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ADNOC to offer around 880 million shares of ADNOC Drilling through bookbuild offering

ABU DHABI/WAM Abu Dhabi National Oil Company PJSC (ADNOC), the current majority shareholder of 84 percent of the ordinary shares in ADNOC Drilling PJSC (ADNOC Drilling) (ADX Symbol: ADNOCDRILL / ISIN: AEA007301012), announced today its intention to offer approximately 880 million ordinary shares (the Shares), corresponding to approximately 5.5 percent of the issued and outstanding share capital of ADNOC Drilling ...

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UAE President receives President of World Bank Group

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met with Ajay Banga, President of the World Bank Group, on the sidelines of a ceremony honouring a number of international officials in recognition of their contributions to the success of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 28), which ...

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UAE President honours global dignitaries for contributions to success of COP28

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today bestowed the First Class Order of Zayed II on several global dignitaries in recognition of their contributions to the success of the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) hosted by the UAE late last year. During the ceremony held in ...

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Gold prices steady as focus turns to US Fed minutes

WORLD CAPITALS/ WAM Gold prices were steady and hovered above key $2,400 level on Wednesday, while investors await minutes from the Federal Reserve’s latest policy meeting for fresh signals on the timing of US interest rate cuts, Reuters reported. Spot gold held its ground at $2,415.35 per ounce,. Bullion hit a record high of $2,449.89 on May 20. US gold ...

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