ABU DHABI / WAM Adnoc announced on Tuesday that it generated $500 million (AED1.84 billion) in value by deploying artificial intelligence (AI) solutions in 2023. The value was generated from integrating over 30 industry-leading AI tools across Adnoc’s full value chain, from field operations to smarter and quicker corporate decision-making. Together, these applications also abated up to 1 million tonnes ...

TOKYO / WAM The Nikkei stock index dropped Tuesday as investors locked in gains after it closed at an all-time high above the 40,000 mark the previous day. According to Kyodo News, the 225-issue Nikkei Stock Average fell 168.62 points, or 0.42 percent, from Monday to 39,940.61. The broader Topix index was up 3.81 points, or 0.14 percent, at 2,710.09.

ABU DHABI / WAM The UAE Permanent Committee for Human Rights (PCHR), in collaboration with the Anwar Gargash Diplomatic Academy, has hosted an insightful event exploring the ongoing discussions on the draft Covenant on the Right to Development. Chaired by Hind Alowais, Director of the PCHR, the event heard from Ambassador Zamir Akram, Chair-Rapporteur of the UN Working Group on ...

DUBAI/ WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council, and Chairman of the Higher Committee for Development and Citizens Affairs, has launched the “Dubai Farms” programme, offering a host of services and incentives aimed at supporting Emirati farmers who own productive agricultural projects. The “Dubai Farms” programme aligns with ...

DUBAI/ WAM H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Supreme Legislation Committee (SLC) of Dubai, presided over the SLC’s first meeting of 2024. During the meeting, he was briefed on the SLC’s 2023 accomplishments, as well as its upcoming five-year strategy (2024- 2029). ...

DUBAI/ WAM The UAE Federation of the Chambers of Commerce and Industry (FCCI) discussed the potential formation of a joint business council with Latvia. The council’s goal will be to facilitate trade and investment cooperation and serve as a forum for entrepreneurs and investors. It would also organise joint activities and encourage mutual visits by trade missions and participation in ...

ABU DHABI/ WAM EDGE Group today formalised a new Joint Venture (JV) agreement with Spain’s Indra Sistemas (Indra), a world-leading information technology and defence systems company with a footprint in over 140 countries worldwide, and a significant player in major European programs such as the Eurofighter and the Future Combat Air System (FCAS), among others. The agreement, signed in Madrid ...

AMDJARASS/ WAM The Emirati humanitarian team in the Chadian city of Amdjarass continues implementing its humanitarian and relief programmes for Sudanese refugees and the local community in the city and surrounding villages. As part of its Ramadan campaign, the team comprising the Emirates Red Crescent (ERC), the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and the Khalifa bin ...

ABU DHABI/ WAM The Abu Dhabi Investment Office (ADIO) has partnered with renowned actor and humanitarian Idris Elba to leverage the emirate’s vision for a secure and sustainable food and water future. This partnership will capitalise on the emirate’s emergence as a global pioneer in food production and water treatment, powered by sustainable technology solutions. The agreement comes after the ...

ABU DHABI/ WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, chaired the first meeting of the Board of Directors of the Emirati Talent Competitiveness Council (ETCC) in 2024. The meeting was attended by H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and Vice Chair of the ...