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UAE President meets with Grand Imam of Al Azhar

BAKU/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday welcomed His Eminence Dr Ahmed El-Tayeb, the Grand Imam of Al-Azhar. The meeting, which took place in Baku, Azerbaijan, during His Highness’ working visit to the country to participate in the COP29 climate conference, discussed the relationship between the UAE and Al-Azhar and explored collaboration efforts to ...

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UAE’s diamond trade to hit $40 billion in 2024: Juma Al Kait

DUBAI/WAM The UAE ranks third globally in the diamond trade after India and the United States, with a share of more than 15% of total international trade in this sector. Juma Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, in statements to the Emirates News Agency (WAM) on the sidelines of the sixth edition of ...

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Adnoc Gas to acquire 60% stake in Ruwais LNG for $5b

ABU DHABI/WAM Adnoc Gas announced on Monday it expects to acquire Adnoc’s 60% stake in the Ruwais Liquified Natural Gas (LNG) plant in the second half of 2028 at cost. Adnoc Gas expects Adnoc to transfer its 60% share of the Ruwais LNG Project to the company at cost – estimated to be around $5 billion – in the second ...

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