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Mansour bin Zayed chairs Mubadala Investment’s board of directors meeting

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the Presidential Court, and Chairman of the Board of Directors of the Mubadala Investment Company, chaired the meeting of the company’s board held in Qasr Al Watan in Abu Dhabi. HH Sheikh Mansour opened the meeting by lauding the company’s performance ...

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Masdar, Airbus sign deal to support global SAF market

ABU DHABI / WAM Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Airbus, to support the development and growth of the global sustainable aviation fuel market. The signing ceremony was held in the presence of Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President-Designate, Guillaume Faury, Chief Executive Officer, ...

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Operation Gallant Knight 2: 100 days of assistance to Syrian earthquake victims

LATAKIA / WAM Operation Gallant Knight 2, launched by the Joint Operations Command of the Ministry of Defence, has completed 100 days of continuous support and assistance to Syria following the earthquake on February 06. During this period, 181 aircraft carrying 5,727 tonnes of essential food supplies, medicines and  medical equipment and three ships carrying 5,429 tonnes were dispatched, totalling ...

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UAE central bank imposes sanctions on eight lenders

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) imposed administrative sanctions on eight banks operating in the UAE, pursuant to Article 137 of the Decretal Federal Law No (14) of 2018 Regarding the Central Bank & Organisation of Financial Institutions and Activities, and the Central Bank notices regarding the beneficiaries of the Nationals Defaulted Debts Settlement Fund ...

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Seatrade Maritime Logistics Middle East 2023 opens

DUBAI / WAM The highly anticipated Seatrade Maritime Logistics Middle East, the leading shipping and maritime supply chain event in the region, commenced on Tuesday at the Dubai World Trade Centre under the patronage of the UAE Ministry of Energy and Infrastructure (MOEI UAE). As an integral part of the UAE Maritime Week, the conference and exhibition attracted renowned industry ...

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Mansour bin Zayed attends opening of Middle East Rail 2023

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, attended the opening ceremony of the 17th Middle East Rail 2023, the region’s leading event for rail innovation, technology and strategy, on Monday at Abu Dhabi National Exhibition Centre (Adnec). The opening ceremony was attended by Jasem ...

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Taqa reports AED11.6 billion net income for first quarter of 2023

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) on Monday reported a very strong first quarter for the period ending on March 31, announcing a net income (Taqa share) of AED11.6 billion, an increase of AED9.6 billion, mainly driven by a one-off gain recognised on the acquisition of a 5% shareholding in Adnoc Gas. It also announced group ...

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Dubai chamber connects UAE, Uzbek renewable energy firms

DUBAI / WAM Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has brought together UAE-based company Empereal Ruby Energy and Innovations, and Uzbekistan’s Solar Nature to sign a memorandum of understanding for joint cooperation on solar photovoltaic and solar thermal projects in Uzbekistan and the Middle East. The programme aimed to drive the international expansion of ...

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‘Global Accelerator Ambassador’ programme unveiled

MONTREAL / WAM Ohood bint Khalfan Al Roumi, Minister of State for Government Development and the Future, has affirmed the UAE’s keenness to enhance and strengthen global partnerships with international organisations and bodies, especially the partnership with the International Civil Aviation Organisation (ICAO), which contributes effectively to the development of the aviation sector globally, and to invest in future work ...

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MoF marks listing of Islamic T-Sukuk on Nasdaq Dubai

DUBAI / WAM Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, rang the market-opening bell to celebrate and mark listing the domestic Dirhams Islamic Treasury Sukuk (T-Sukuk) on Nasdaq Dubai. The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer and in collaboration with the Central Bank of the UAE as the issuing ...

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