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Mubadala Energy, Pertamina ink deal on CCUS in Indonesia

ABU DHABI / WAM Mubadala Energy and Pertamina, the Indonesian state-owned integrated energy company, have entered into an agreement to discuss, explore and potentially engage in energy transition initiatives, primarily focused on carbon capture, utilisation and storage (CCUS) applications in Indonesia. In line with Mubadala Energy’s commitment to play an active role in the energy transition and explore new energy ...

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Sheikh Mansour congratulates President of Uzbekistan on his birthday

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, congratulated President of the Republic of Uzbekistan, Shavkat Mirziyoyev, on his birthday. This occurred during a phone call on Tuesday, where His Highness Sheikh Mansour wished Mirziyoyev health and happiness and more progress and prosperity for the ...

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Sheikh Mohammed presides over swearing-in of new judges of Dubai Rental Dispute Settlement Centre

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, presided over the swearing-in of nine new judges of the Dubai Rental Dispute Settlement Centre at a special ceremony held at the Za’abeel Palace in Dubai. His Highness Sheikh Mohammed wished the judges success in their new roles. He highlighted the ...

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Apple aims to keep iPhone shipments steady despite 2023 turmoil

BLOOMBERG Apple Inc is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in line with the year before, according to people familiar with the matter. The Cupertino, California-based company is aiming to hold shipments steady despite tumult in the global economy and a projected decline in the overall smartphone market. It’s likely to ...

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Twitter turning into X is set to kill billions in brand value

BLOOMBERG It’s rare for corporate brands to become so intertwined with everyday conversation that they become verbs. It’s rarer still for the owner of such a brand to announce plans to intentionally destroy it. Elon Musk decreed that Twitter’s product name would be changed to “X,” and that he is getting rid of the bird logo and all the associated ...

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Museum of the Future to host renowned artist and researcher Sougwen Chung

DUBAI / WAM The Museum of the Future is set to host the upcoming talk as part of the ‘Future Experts’ monthly series. The next session will take place on Thursday, where expert Sougwen Chung will cover topics in artificial intelligence and technology, robotics, virtual reality and biofeedback. Under the theme of ‘Seeing Double: Bridging Dualities with Relational Intelligence’, the ...

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Bloom Holding introduces Bloom Arjaan by Rotana Hotel Apartments with up to 8% return on investment over five years

ABU DHABI / GULF TIME Bloom Holding, one of the UAE’s foremost real estate development companies, has announced a guaranteed annual return on investment of up to 8 per cent over five years for its hotel apartments at Bloom Arjaan by Rotana. Only a limited number of premium units are available for investment. Located in Bloom’s prestigious Park View on ...

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UAE’s Minister for Foreign Trade elected as Chair of WTO’s 13th Ministerial Conference

GENEVA / WAM The General Council of the WTO has elected Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, as Chair of the World Trade Organisation’s 13th Ministerial Conference (MC13) on Monday. The ministerial conference, attended by leading representatives from the 164 countries and customs blocs that make up the WTO, will take place in Abu ...

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Abu Dhabi realty sector witnesses 363% surge in FDI inflows in H1

ABU DHABI / WAM The Department of Municipalities and Transport (DMT) announced that foreign direct investment (FDI) in the individual category within Abu Dhabi’s real estate sector has soared to AED834.6 million during the first half of 2023, achieving a record growth rate of 363% compared to the corresponding period last year. According to data released by the DMT, the ...

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