BLOOMBERG Rivian Automotive Inc is ready to take on more commercial partners beyond Amazon.com Inc after a recent bout of production success. “What we saw in Q2 is really the beginnings of the supply chain now running in a healthy way,” Chief Executive Officer RJ Scaringe said in an interview with Bloomberg Television. Rivian sells a consumer pickup truck and ...

BLOOMBERG Meta Platforms Inc’s Instagram officially unveiled Threads, an app designed as a direct rival to Twitter, launching the most serious threat yet to Elon Musk’s struggling social-media site. On Threads, people can post text and links and reply to or repost messages from others. The app will let users port over their existing follower lists and account names from ...

VIENNA / WAM COP28 President-Designate, Dr Sultan Al Jaber, on Thursday delivered a speech to the 8th Opec International Seminar, being held this week in Vienna, in which he urged the oil and gas industry to allocate capital at scale to clean energy solutions. The theme of the seminar “Towards a Sustainable and Inclusive Energy Transition” represents “one of the ...

MONTREAL / WAM Sagard, a global multi-strategy alternative asset management firm with $14.5 billion under management, on Thursday announced new strategic partnerships with ADQ and Bank of Montreal (BMO). As part of this transaction, Sagard has expanded its existing partnership with Great-West Lifeco (GWL). ADQ and BMO have respectively entered into definitive agreements to acquire minority equity stakes in Sagard, ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Thursday witnessed the swearing-in ceremony of Mohamed Hassan Alsuwaidi as the UAE’s Minister of Investment. Also present was His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, ...

ABU DHABI / WAM Cleveland Clinic Abu Dhabi, an M42 company, is expanding its research efforts to address community health issues in the UAE. The hospital has over 200 active research studies, and 60 of these were initiated in 2022. The studies focus on a variety of critical topics, including digestive diseases, neurological disorders, and heart disease. In line with ...

BANGKOK / WAM Obaid Saeed Al Dhaheri presented his credentials to King Maha Vajiralongkorn of Thailand as ambassador Extraordinary and Plenipotentiary of the UAE to the Kingdom of Thailand during a ceremony held at Villa Ambara, Dusit Royal Palace in Bangkok. Al Dhaheri conveyed the greetings of President His Highness Sheikh Mohamed bin Zayed Al Nahyan; His Highness Sheikh Mohammed ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Azali Assoumani of Comoros on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...

ABU DHABI / WAM Edge, one of the world’s leading advanced technology and defence groups, has announced its acquisition of OryxLabs, a prominent cybersecurity company based in Abu Dhabi. OryxLabs provides tailored cybersecurity solutions to safeguard its clients from emerging cyber threats. With a strong focus on advanced research, engineering, and innovation, the company has been entrusted with addressing cybersecurity ...

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, has issued a resolution that enables citizens working in public benefit associations and private higher education institutions to apply for any Nafis programmes and initiatives. The resolution aligns with applicable guidelines and criteria and requires those concerned ...