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Firms with AUM of $452bn confirm setup in Abu Dhabi

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the leading international financial centre of the UAE’s capital, on Thursday announced 14 major financial institutions representing a total (Assets Under Management) AUM of $452bn have committed to establishing new operations in ADGM. A year into Abu Dhabi’s “Falcon Economy”, these announcements, coinciding with the second edition of Abu Dhabi Finance ...

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Theyab bin Mohamed bin Zayed attends silent prayer at Wahat Al Karama

ABU DHABI / WAM HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Office of Development and Martyrs Families Affairs at the Presidential Court, has attended a silent prayer at Wahat Al Karama, organised by the Office of Development and Martyrs Families Affairs, on Commemoration Day, in appreciation of the sacrifice of the UAE’s heroes, who will ...

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Mohammed bin Rashid welcomes world leaders and delegates participating in COP28

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, welcomed world leaders coming to the UAE to participate in the 28th meeting of the Conference of the Parties (COP28), whishing them success in addressing the challenges of climate change to ensure a better future for generations. His Highness said, “Today, ...

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UAE President meets with heads of delegations at COP28

DUBAI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday met individually with Santiago Peña, President of the Republic of Paraguay; Dr Abiy Ahmed, Prime Minister of the Federal Democratic Republic of Ethiopia; and Ding Xuexiang, Special Envoy of the President of the People’s Republic of China, on the sidelines of the UN Climate Change ...

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Tawasul Transport Drives Green Innovation by Launching First Hydrogen-Powered Taxi in Abu Dhabi

ABU DHABI/ GULF TIME The Emirate of Abu Dhabi is set for its first green-hydrogen-powered smart taxi experience. Tawasul Transport, a leading transport company, is collaborating with ADNOC, the Integrated Transport Center (ITC) and Al Futtaim Motors, to create this trailblazing sustainable urban mobility initiative. Tawasul Transport, together with Al Futtaim Motors, will provide the operational data, including kilometers driven, ...

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UAE President receives President of Cooperative Republic of Guyana

DUBAI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday received Dr Mohamed Irfaan Ali, President of the Cooperative Republic of Guyana, to discuss the prospects of enhancing cooperation between the two nations in various fields. During the meeting, His Highness welcomed Dr Mohamed Irfaan Ali, who is visiting the country to participate in the Conference ...

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Mohammed bin Rashid pardons 1,249 prisoners ahead of 52nd UAE Union Day

DUBAI/ WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has ordered the release of 1,249 prisoners of different nationalities from Dubai’s correctional and punitive establishments, ahead of the 52nd Union Day. Chancellor Essam Issa Al-Humaidan, Attorney General of Dubai, said that His Highness ...

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Abu Dhabi launches the low-carbon hydrogen policy

ABU DHABI/ WAM The Supreme Council for Financial and Economic Affairs (SCFEA), the authority responsible for setting the public policies and approving the governing strategies of the financial, investment, economic, petroleum, and natural resources affairs in Abu Dhabi, launched today a new policy framework for low-carbon hydrogen in the Emirate. The low-carbon hydrogen policy outlines key principles that define the ...

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Etihad Airways to fly its Airbus A380 to New York in April 2024

ABU DHABI/ WAM Etihad Airways announced it will start flying its A380 double-decker to New York JFK from 22nd April 2024. The introduction of the A380 marks a significant enhancement to Etihad’s capacity in the crucial US market, connecting to the broader GCC and Indian subcontinent. It will further attract an increased number of visitors to sample the attractions of ...

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