ABU DHABI/WAM As part of its commitment to drive the UAE’s industrial sector, ADNOC has enabled the establishment of eight UAE-based and international industrial centres in less than a year under commercial agreements signed through its In-Country Value (ICV) programme. The industrial facilities have generated a combined value of more than AED700 million and created 800 job opportunities for UAE …

SHARJAH/WAM H.H. Sheikh Dr. Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved 400 new jobs for the Emirate’s citizens in various local government entities, starting next September. Following the approval, job seekers registered with the Sharjah Department of Human Resources will be contacted to nominate them for jobs according to specialisations, and to complete …

ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of the Emirati Talent Competitiveness Council (ETCC), reviewed the key milestones of the Council and the Nafis Programme over the past three years to enhance participation of Emirati citizens in the private sector. …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Tamas Sulyok of Hungary on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy …

KUALA LUMPUR/WAM ADNOC, PETRONAS and Storegga announced today the signing of a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) emissions storage capabilities of saline aquifers and the construction of carbon capture and storage (CCS) facilities in the Penyu basin, offshore Peninsular Malaysia. The agreement is targeting at least 5 million tonnes per annum (mtpa) of …

ABU DHABI/WAM As the world marks World Humanitarian Day on 19th August, the UAE reaffirms its commitment to humanitarian work with its ongoing relief efforts in Gaza. Through various initiatives under “Operation Chivalrous Knight 3,” the UAE has been at the forefront of providing aid to Palestinian people, reflecting the nation’s steadfast commitment to humanitarian causes. Over the past 288 …

ABU DHABI/WAM The Abu Dhabi Chamber of Commerce and Industry, in cooperation with Etihad Credit Insurance (ECI), has developed a research paper, which revealed a 23.8% year-on-year (YoY) increase in the number of certificates of origin issued between January and May 2024, compared to the same period in 2023. In a press release on Tuesday, the chamber said that this …

SHARJAH/WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved 3,578 scholarships for students from the emirate of Sharjah and the children of female citizens of the emirate, to pursue various undergraduate programs at universities within Sharjah. Of these, 1,818 scholarships were granted to the University of Sharjah. The American University of …

ABU DHABI/WAM The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the quarter ending June 2024. Alvarez & Marsal (A&M), a leading global professional services firm, in its latest report on UAE Banking Pulse for the second quarter of 2024, stated that profitability increased to AED 21.5 billion for Q2 2024 on …

ABU DHABI/WAM ADQ, an Abu Dhabi-based investment and holding company, announced the signing of a multi-year partnership agreement with ne’ma, the UAE’s National Food Loss and Waste Initiative. Launched in 2022 in the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ne’ma is a collaboration between the Ministry of Climate Change and Environment and Emirates Foundation that aims …