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ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) and ORLEN Synthos Green Energy (OSGE) have announced the signing of a memorandum of understanding (MoU) to support the decarbonisation of the Polish and European power sector and industry, by looking into opportunities to invest in Small Modular Reactors (SMRs). Enec’s expertise, through building and operating the Barakah Nuclear Energy ...

SHARJAH / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, wife of HH the Ruler of Sharjah and Chairperson of the Supreme Council for Family Affairs (SCFA), has expressed great pride on the occasion of the inauguration of the University of Kalba, in the emirate’s coastal town. Sheikha Jawaher said that the opening of the university embodies Sharjah leadership’s vision ...

BLOOMBERG Shares of global infrastructure service providers and environmental companies in India rallied on Monday after the Group of 20 leaders meeting in New Delhi agreed to prioritise projects that involve regional connectivity and promoting biofuels. India’s state-run firms that plan and operate the country’s vast railways network were among top gainers on the S&P BSE 500 Index amid expectations ...

BLOOMBERG The dollar fell the most in two weeks, while stocks rose as traders took bullish cues from improving Chinese data and comments from Treasury Secretary Janet Yellen. The yen had the biggest move against the dollar, surging more than 1% after Bank of Japan Governor Kazuo Ueda aired the possibility of ending the developed world’s last key negative interest ...

BLOOMBERG Citigroup Inc has named new co-heads of its banking, capital markets and advisory division for continental Europe. Linos Lekkas and Patrick Frowein will also represent the BCMA division as members of Citigroup’s Europe leadership team, according to an internal memo seen by Bloomberg News. A spokesperson for Citigroup confirmed the contents of the memo. The BCMA division’s continental Europe ...

NEW YORK / WAM Mubadala Investment Company (Mubadala), an Abu Dhabi-based global sovereign investor, announced today that it has formed a strategic partnership with Blue Owl Capital (“Blue Owl”) (NYSE: OWL), a leading alternative asset manager. The partnership was established with a $1 billion commitment to Blue Owl’s Credit platform and will initially focus on its Technology Lending strategy, which ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met with Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, who is on a working visit to the UAE. During the meeting, which took place at Qasr Al Shati in Abu Dhabi, His Highness Sheikh Mohamed renewed his congratulations to Tinubu on assuming the presidency ...

ABU DHABI / WAM ADNOC Logistics and Services (ADNOC L&S) has taken delivery of eight self-propelled jack-up barges (JUBs) through its subsidiary Zakher Marine International (ZMI) Holdings. With this expansion, the number of JUBs owned and operated by ADNOC L&S has increased from 31 to 39, reinforcing the Company’s status as the owner and operator of one of the largest ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed to send urgent relief aid and search and rescue teams to Libya to support its efforts in mitigating the repercussions of the floods caused by Storm Daniel, which resulted in numerous deaths and injuries, and caused severe damage. His Highness expressed his sincere condolences and sympathy ...

NEW DELHI / WAM Shri Gunveer Singh, Chief General Manager of the Reserve Bank of India’s Department of Payment and Settlement Systems, said that India is looking forward to more meaningful cooperation with the UAE in the field of digital payments. Speaking to the Emirates News Agency (WAM) on the sidelines of the G20 Summit in New Delhi, Singh said ...