RAS AL KHAIMAH / WAM Ras Al Khaimah Transport Authority (RAKTA) and Ras Al Khaimah Tourism Development Authority (RAKTDA) have signed a future-forward memorandum of understanding with Skyports Infrastructure (Skyports), the company leading the development of vertiport infrastructure for electric air taxi services. Marking the beginning of a partnership that will pioneer sustainable tourism through electric air mobility, this MoU …

KUWAIT / WAM Abu Dhabi Fund for Development (ADFD) participated in the two-day Arab-DAC Dialogue in Kuwait, a platform dedicated to boosting development finance and cooperation to address evolving global challenges. This year’s event aimed to improve the quantity and quality of development finance and cooperation across diverse needs by focusing on two broader themes: financing for sustainable development in …

ABU DHABI / WAM Adnoc announced the signing of a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 0.6 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG). The LNG will primarily be sourced from Adnoc’s lower-carbon Ruwais LNG project, currently …