ABU DHABI / WAM Abu Dhabi Future Energy Company (Masdar) and Citaglobal Berhad have signed a memorandum of understanding (MoU) for developing renewable energy projects with a capacity of 2 gigawatts across solar, Battery Energy Storage System (BESS), wind and other renewable energy technologies. The MoU was signed in Malaysia by Abdulla Zayed, Masdar’s Head of Development and Investment, and ...

ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the Adnoc Board of Directors at Adnoc Headquarters. During the meeting, His Highness approved Adnoc’s accelerated decarbonisation plan to bring forward its net zero ambition ...

ABU DHABI / WAM His Majesty King Hamad bin Isa Al Khalifa of Bahrain on Monday received President His Highness Sheikh Mohamed bin Zayed Al Nahyan at his residence in Abu Dhabi. During the meeting, His Highness Sheikh Mohamed bin Zayed and King Hamad discussed the close, historic ties between the United Arab Emirates and Bahrain. They affirmed the special ...

BLOOMBERG Strategists at Morgan Stanley and Goldman Sachs Group Inc see the Bank of Japan’s tweak of yield-curve control as providing clarity that will support further gains in the nation’s equity market. Opportunities are “now even clearer,” Morgan Stanley strategists including Daniel Blake wrote after the the BOJ adjustment to allow the yield on 10-year bonds to trade as high ...

BLOOMBERG Global equity markets struggled for direction as traders parsed the latest commentary from central bankers for clues on the path for interest rates.  At the start of another busy week of earnings, Heineken NV slumped as much as 6.4% after the Dutch brewer reduced its earnings forecast. Apple Inc and Amazon.com Inc are among companies reporting in the coming ...

SHARJAH/WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Emiri Decree No. (52) of 2023 to form the Sharjah Media Council (SMC). According to the Decree, the SMC will be chaired by H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, and will include the following members: ...

ABU DHABI/WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, on Sunday received Bilawal Bhutto Zardari, Minister of Foreign Affairs of the Islamic Republic of Pakistan, at the headquarters of the Ministry of Foreign Affairs in Abu Dhabi. During the meeting, Zardari expressed his sincere condolences and sympathy over the passing of Sheikh Saeed bin Zayed Al ...

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received two phone calls from Azali Assoumani, President of the Union of the Comoros, and George Manneh Weah, President of the Republic of Liberia, who offered condolences on the passing of Sheikh Saeed bin Zayed Al Nahyan. The two leaders expressed their sincere condolences and sympathy to His Highness and ...

BLOOMBERG Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings Inc, because of a combination of high price demands from some investors and a weak market for deals, Chief Executive Officer Jitse Groen said. “We’re talking to buyers still, but it’s a very difficult M&A situation currently,” Groen said in an ...

BLOOMBERG London’s Gatwick Airport escaped a strike that was due to take place over the weekend after more workers agreed to an improved pay offer. Ground handlers working for four companies at Gatwick were set to walk off on two successive weekends starting July 28 and August 4 after failed negotiations over pay and working conditions. The Unite union said ...