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Khalifa bin Zayed: 18 years of empowerment

  Abu Dhabi / WAM “While people are proud of their achievements, we are proud of being the children of Sheikh Zayed, and while people talk of their history, we speak of the history of giving that began with the formation of the UAE,” said the late His Highness Sheikh Khalifa bin Zayed Al Nahyan, epitomising the nations’s approach from ...

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World leaders mourn death of Sheikh Khalifa

  Abu Dhabi / WAM UAE rulers and leaders from the region and around the world have offered their condolences after the death of President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The Ministry of Presidential Affairs announced the death of Sheikh Khalifa on Friday. He was 73. In a tweet on his official Twitter account, His Highness Sheikh ...

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Cepa to increase UAE imports from India by $14.3bn by 2030

  Abu Dhabi / WAM Mohamed Ali Al Shorafa, Chairman of Abu Dhabi Department of Economic Development (Added), has said that the UAE and India are exploring mutual business opportunities with an unwavering commitment to further build on bilateral economic and trade relations. As part of his participation in the state delegation visiting India, Al Shorafa noted that the Comprehensive ...

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Sweden edges closer to Nato after key parliamentary report

Bloomberg Sweden’s potential Nato entry would lower the risk of a Russian attack, according to a policy report commissioned by parliament that fell short of directly endorsing membership in the defense alliance. The 43-page review concluded that joining the North Atlantic Treaty Organization (Nato) would act as a deterrent, stressing the importance of coordination with neighbouring Finland. Russia, which invaded ...

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UAE reaffirms its commitment to combat spread of Daesh in Africa

  Abu Dhabi / WAM Khalifa Shaheen Al Marar, Minister of State, has participated in the Ministerial Meeting of the Global Coalition Against Daesh, which was co-chaired by the Kingdom of Morocco and the United States in Marrakesh. During the meeting, Al Marar underscored the need to enhance cooperation to counter the terrorist acts committed by Daesh, and prevent the ...

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Taqa’s green hydrogen projects in advanced techno-feasibility stage

  Abu Dhabi / WAM The green hydrogen projects of Abu Dhabi National Energy Company (Taqa) are progressing very well, a senior executive told the Emirates News Agency (WAM), adding that green hydrogen, dubbed as the oil of the future, will play a significant role in the company’s growing portfolio of renewables. “We are currently in the techno feasibility stage ...

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459,000 visit Sheikh Zayed Grand Mosque during Ramadan, Eid Al Fitr

  ABU DHABI / WAM Sheikh Zayed Grand Mosque received 459,126 worshippers and visitors during the Holy Month of Ramadan and the Eid Al Fitr holidays. The worshippers who flocked to the mosque throughout the days and nights of Ramadan to pray and reflect reached 219,378, of which 80,782 attended the Isha and Tarawih prayer, and 100,996 attended the Tahajjud ...

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Emirates inks deal with Jafza to support SMEs in Dubai

  Dubai / WAM Emirates and Jebel Ali Free Zone (Jafza) have signed a memorandum of understanding (MoU) to explore joint cooperation and initiatives targeted at attracting more investments into Dubai by supporting new and existing businesses registered or licenced in the free zone. Under the MoU, the parties will explore opportunities to offer a number of travel-related incentives for ...

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Amanat revenue grows 12% to AED46.9m in Q1

  Dubai / WAM Amanat Holdings has announced its financial results for the quarter ended March 31. The company recorded a total income of AED46.9 million in 1Q-2022, a growth of 12% versus the AED42.0 million recorded in 1Q-2021. On an adjusted basis, excluding the prior year result from divested entities, the company recorded a total income of AED46.9 million, ...

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Europe gas surges as Germany clashes with Russia over supply

  Bloomberg European natural gas prices jumped following disruptions to a key transit route through Ukraine, and as Germany said Russia was using energy as a weapon in an escalating clash over supply. The benchmark contract surged more than 22%, with shipments from Russia via Ukraine set to fall by about 30% following interruptions at a cross-border entry point as ...

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