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COP28 chief convenes CEO decarbonisation roundtable at UAE forum

ABU DHABI / WAM COP28 President-Designate Dr Sultan Al Jaber convened a CEO roundtable on the sidelines of the UAE Climate Tech forum, bringing together oil and gas, heavy emitting industries, technology providers, bankers and financial institutions to discuss, debate and find tangible solutions to address the urgent need for decarbonisation and emissions reduction. The roundtable follows the call to ...

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Etihad Cargo awarded TIACA rating for decarbonisation

ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Airways, has achieved a major milestone in its sustainability journey, achieving advanced ratings for key criteria in the BlueSky Sustainability Verification Programme assessment. The carrier was the first Middle Eastern airline to join the programme, which aims to assess, verify and validate the sustainability performance of air ...

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Abu Dhabi, AIM partner with China to attract capital-rich firms

ABU DHABI / WAM The United Arab Emirates’ capital, Abu Dhabi, is set to further solidify its prominence as a leading hub of dynamic institutions and industry-leading initiatives with the Annual Investment Meeting (AIM) entering into a partnership with Beijing-based investment banking firm and fund manager China Bridge Capital and Silicon-based NextG Tech Ltd. The agreement was signed during this ...

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UAE-France trade up 17% to hit AED29.5bn in 2022

ABU DHABI / WAM The trade exchange between the UAE and France grew by 16.8 percent in 2022, reaching AED29.44 billion ($8 billion), compared to AED25.2 billion ($6.8 billion) in 2021, according to data from the Federal Competitiveness and Statistics Centre. In 2022, the bilateral trade between the two countries consisted of imports valued at AED 25.2 billion, while exports ...

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Adnoc Gas reports Q1 net income of $1.3bn

ABU DHABI / WAM Adnoc Gas plc on Thursday announced its first quarterly financial results since its formation and initial public offering (IPO) for the three months ended on March 31. The company’s unaudited pro forma financial results for the comparative period (the three-month period ended on March 31, 2022 (Q1 2022)) noted herein are reported on a pro forma ...

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Three UAE aid planes arrive to assist Sudanese people

ABU DHABI / WAM The UAE sent three aid planes to support the Sudanese people, carrying more than 116 tonnes of medical and food supplies. The aid comes as part of efforts to provide urgent relief to affected civilians in Sudan, support the displaced in neighbouring countries, and contribute to alleviating the humanitarian impact of the current crisis, particularly prioritising ...

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RAK Ruler receives Ambassador of Canada

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, on Thursday received at his palace at the Saqr bin Mohammed City, Radha Krishna Panday, Ambassador of Canada to the UAE, who called on him on the occasion of the beginning of his tenure. He was accompanied by the ...

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UAE President to make working visit to France

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, will travel to Paris, France on Thursday, 11th May, for a working visit. His Highness will meet with French President Emmanuel Macron. The visit is an opportunity for the two leaders to reinforce and expand the longstanding strategic partnership between the UAE and France, ...

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Sultan Al Qasimi inaugurates revamped Sharjah Planetarium

SHARJAH / WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, opened, on Wednesday, the revamped, newly developed, and modernised Sharjah Planetarium at the Sharjah Academy for Space and Astronomy Science and Technology, in the presence of H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of ...

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CBUAE’s robust policy framework supports financial stability: Mansour bin Zayed

ABU DHABI / WAM The Central Bank of the UAE (CBUAE)’s robust policy framework provided the foundation to achieve the targeted economic outcomes for the country, as the UAE recorded an estimated GDP growth of 7.6% in 2022, affirmed His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the Presidential Court, and Chairman of ...

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