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Intel delays German chip plant

  Bloomberg Intel Corp will delay construction of its German chip plant and is seeking more in government subsidies, Volksstimme reported. The US-based chipmaker earlier this year announced plans for a mega site worth $18 billion in Magdeburg. Construction was set to begin by mid-2023, and the government planned to provide €6.8 billion in state aid. The cost has now ...

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Sheikh Abdullah praises ADFD’s role in supporting UAE’s economy

  Dubai / WAM The Executive Committee of the Abu Dhabi Fund for Development (ADFD) held its first meeting for 2022, chaired by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, Vice Chairman of the ADFD Board of Directors, and Chairman of the Executive Committee. The virtual meeting was attended by Ahmed Ali ...

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UAE leaders wish King of Bahrain on National Day

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to His Majesty King Hamad bin Isa Al Khalifa of Bahrain, on the occasion of the Kingdom’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, also sent ...

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