ABU DHABI/WAM Adnoc on Tuesday announced the completion of its acquisition of OCI Global’s 50 percent + 1 shareholding in Fertiglobe plc, increasing its share in the company to 86.2 percent, with 13.8 percent remaining in free float on the Abu Dhabi Securities Exchange (ADX). Fertiglobe is the world’s largest seaborne exporter of urea and ammonia combined, exporting to 53 …

DUBAI/WAM Presight, the region’s leading big data analytics company powered by Generative AI, has signed a memorandum of understanding (MoU) with Swiss AI AG (SwissAI), a Switzerland-based company pioneering the seamless integration of human intelligence and advanced AI for future-ready decision-making. This partnership, signed on the sidelines of GITEX Global 2024, will leverage SwissAI’s expertise in advanced AI, machine learning …

ABU DHABI / WAM Ahmed Ibrahim Saeed Mohammed Al Dhaheri, UAE Ambassador to the Republic of Guinea, and Dr Al Saghira Wabran Hamad Mubarak Al Ahbabi, UAE Ambassador to the Republic of Paraguay, took the oath of office before President His Highness Sheikh Mohamed bin Zayed Al Nahyan. Also in attendance was His Highness Sheikh Mansour bin Zayed Al Nahyan, …