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Abu Dhabi, Dubai bourses gain AED17.4b in 3 sessions

ABU DHABi / WAM Upbeat sentiments continued for the third day straight at UAE financial markets amid increased cash flows that saw the twin bourses of Abu Dhabi and Dubai gaining a combined AED17.4 billion since Sunday. The two bourses on Tuesday posted gains of around AED6.6 billion in market cap, with ADX closing higher around 0.72 percent than the ...

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Fast-track energy transitions to win race to zero, says Irena

Abu Dhabi / WAM Proven technologies for a net-zero energy system already largely exist today, finds the preview of World Energy Transitions Outlook by the International Renewable Energy Agency (Irena). Renewable power, green hydrogen and modern bioenergy will dominate the world of energy in the future. Previewed at the Berlin Energy Transition Dialogue on Tuesday, Irena’s Outlook proposes energy transition ...

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ADGM, Israeli entity partner on business registrations

Abu Dhabi / WAM The Abu Dhabi Global Market (ADGM) Registration Authority (RA), and the Registrar of Companies in the Israeli Corporations Authority, have entered into a Statement of Co-operation (SoC) with an aim of facilitating an influx of business opportunities between both jurisdictions and enhancing their respective registration functions, the regulators said in a statement. The MoU was signed ...

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