Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa), Abu Dhabi National Oil Company (Adnoc) and Mubadala Investment Company have entered into binding agreements for Taqa and Adnoc to purchase stakes in Abu Dhabi Future Energy Company (Masdar) from Mubadala. This is a major milestone towards completing the transaction announced late last year by President His Highness Sheikh ...

  Abu Dhabi / WAM G42 Healthcare, an Abu Dhabi-based leading health tech company and subsidiary of G42, an artificial intelligence and cloud computing company located in Abu Dhabi, signed a letter of intent (LOI) with global biopharmaceutical company, AstraZeneca, in the presence of the Department of Health – Abu Dhabi (DoH), to expand their collaboration into the domains of ...

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Tuesday it has identified AED70 billion ($19 billion) worth of products in its procurement pipeline that could be manufactured locally. Out of this value, Adnoc signed agreements for local manufacturing opportunities worth AED21 billion ($5.7 billion) with UAE and international companies. The agreements, which were signed at ...

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) has announced the offering of future contracts on the FTSE ADX 15 (Fadx 15) Index for trading on its financial derivatives platform. The Futures are the first index derivatives to be listed on ADX as the exchange accelerates efforts to bolster market liquidity and attract more global investors. Fadx ...

  ABU DHABI / WAM G42 Healthcare, an Abu Dhabi-based leading health tech company and subsidiary of G42, an artificial intelligence and cloud computing company located in Abu Dhabi, signed a letter of intent (LOI) with global biopharmaceutical company, AstraZeneca, in the presence of the Department of Health – Abu Dhabi (DoH), to expand their collaboration into the domains of ...

  Abu Dhabi / WAM e& (formerly known as Etisalat group) on Tuesday unveiled “etisalat by e&” as the new brand identity for Etisalat UAE in line with the group’s recent positioning as the global technology and investment conglomerate that digitally empowers societies. The brand evolution comes at a time when the Group continues to accelerate its digitalisation leadership in ...

  Dubai / Gulf Time Emirates announced that it will increase frequencies and start daily services to Mexico City (MEX) via Barcelona (BCN) from June 23. Boosting its frequency from six times weekly to daily flights, Emirates will now increase its average capacity and offer around 2000 seats per week to and from the Mexican capital. The service will provide ...

  Abu Dhabi / WAM The ”Make it in the Emirates Forum” began on Tuesday, drawing a large number of local and international industrial companies, government entities, financing institutions, and investors. The forum, organised by the Ministry of Industry and Advanced Technology (MoIAT) in cooperation with the Abu Dhabi Department of Economic Development (Added), under the theme of “Invest, Partner, ...

  Bloomberg The German government is willing to discuss a US proposal to cap the price of Russian oil exports, while cautioning that such a measure may be too complicated to implement. US Treasury Secretary Janet Yellen’s idea to link an oil price cap to insurance sanctions is an interesting proposal, and the Group of Seven most industrialized countries are ...

That the World Trade Organization (WTO) was able to come to any kind of deal at its 12th ministerial meeting last week was something of a miracle. The organisation has been dead for years as a location for trade governance — and even longer as a place for successful negotiations. In fact, reports of the WTO’s continued existence are greatly ...