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WAM signs pact with Fujairah Government Media Office

ABU DHABI / WAM The Emirates News Agency (WAM) and the Fujairah Government Media Office signed a media Memorandum of Cooperation (MoC) to coordinate and prepare for the Fujairah Media Forum, which will be held in February 2024 under “Parallel Media”. The agreement, which was signed on the sidelines of the second edition of the Global Media Congress, aims to ...

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UAE a leading hub for major regional and international media entities, says Vice President CNN Arabic

ABU DHABI / WAM Dr Caroline Faraj, Vice President CNN Arabic, said that the United Arab Emirates has become a leading hub for major regional and international media entities, given its incentive environment that attract and encourage creators and innovators. In a statement to the Emirates News Agency (WAM) on the sidelines of her participation in the Global Media Congress, ...

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Hazza bin Zayed inaugurates world’s largest single-site solar power plant ahead of COP28

ABU DHABI/WAM Abu Dhabi Future Energy Company (Masdar), and its partners Abu Dhabi National Energy Company (TAQA), EDF Renewables and JinkoPower, together with procurer Emirates Water and Electricity Company (EWEC), have inaugurated the world’s largest single-site solar power plant ahead of the UAE hosting the UN Climate Change Conference (COP28). The 2 GigaWatt Dhafra Solar Photovoltaic Independent Power Project was ...

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China stocks fall as traders unimpressed by Xi-Biden meeting

BLOOMBERG Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only modest progress in the strained ties and as fresh data renewed concern over the world’s second-largest economy. The Hang Seng China Enterprises Index closed down 1.4% to lead losses among major Asia equity gauges. It jumped 4% in the previous session ...

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European stocks pause rally with earnings in focus

BLOOMBERG Stocks paused their rally as the euphoria over a potential dovish pivot by central banks faded and investor attention turned to the latest corporate earnings and deals news. Europe’s Stoxx 600 Index steadied after three days of gains. Burberry Group Plc dropped 6.7% as it warned that this year’s revenue target may be out of reach. HelloFresh SE sank ...

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Tabreed’s revenue soars 10% to hit AED1.8b in 9M 2023

ABU DHABI / WAM Tabreed, the world’s leading district cooling company, reported its financial results for the nine-month period ending on September 30. During the first nine months of the year, Tabreed sustained positive momentum, recording a robust top line of AED1.8 billion, a 10 percent increase year-on-year, compared to AED1.7 billion in the same period last year. Attributed to ...

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Ministry to host 38 local and international entities at COP28

ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) will host 38 ecosystem players, technology providers, small and medium-sized enterprises (SMEs) and startups at its pavilion and the Startup Village during COP28. Located at the Technology and Innovation Hub, the MoIAT pavilion aims to bring together local and international entities in the industry and advanced technology sectors ...

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Tawazun Council unveils ‘Project Bank’ to accelerate innovation

DUBAI / WAM In a groundbreaking move to enhance knowledge sharing and promote innovation within the defense and security sector, Tawazun Council has introduced the “Project Bank” initiative. This approach aims to connect various entities across the industry, both locally and internationally, fostering an environment conducive to the exchange of ideas and expertise. The Project Bank offers defence contractors direct ...

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Khaled bin Mohamed bin Zayed attends events on 4th day of Dubai Airshow 2023

ABU DHABI / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended events on the fourth day of the Dubai Airshow 2023. His Highness toured the stands of local and international companies participating in the 18th Dubai Airshow including Etihad Airways, the Strategic ...

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