Recent Posts

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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