Abu Dhabi / WAM Masdar announced the signing of an agreement with the Ministry of Energy of Kyrgyz Republic to develop a pipeline of renewable projects in the country. The projects, with a total capacity of up to 1 gigawatt (GW), start with a 200-megawatt solar photovoltaic (PV) plant. The implementation agreement was signed by Ibraev Taalaibek Omukeevich, Minister ...
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January, 2023
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11 January
Adnoc sets up new gas processing, operations and marketing company
Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) has announced the formation of Adnoc Gas, effective January 1, its new world-scale gas processing, operations and marketing company. The flagship company combines the operations, maintenance and marketing of the Adnoc Gas Processing and Adnoc LNG businesses into one global and market-leading consolidated business. As Adnoc grows its gas ...
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11 January
Investcorp to invest $1bn in GCC realty market in 5 years
Manama / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, announced on Tuesday that it is planning to invest up to $1 billion in the real estate market in the GCC over the next five years. This follows Investcorp’s first real estate acquisition in Saudi Arabia. The investment is a new, state-of-the-art, ...
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11 January
Mubadala, Resilience to develop biopharma manufacturing in UAE
Abu Dhabi / WAM Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, and National Resilience, Inc. (Resilience), a technology-focused manufacturing company dedicated to broadening access to complex medicines, have signed a deal to further advance the UAE’s life sciences ecosystem through biopharma manufacturing. Through a development agreement, Mubadala will establish the new manufacturing facility, in which Resilience ...
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11 January
Sharjah to boost economic ties with Colombia
Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed economic cooperation and ways to boost business relations with a high-level business delegation from the Arab Colombian Chamber of Commerce. The discussions were held during the Sharjah-Colombia business forum organised by the chamber on the sidelines of the Colombian business delegation’s visit to the emirate of ...
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11 January
Adnoc sets up gas processing, operations, marketing firm
Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) has announced the formation of Adnoc Gas, effective January 1, its new world-scale gas processing, operations and marketing company. The flagship company combines the operations, maintenance and marketing of the Adnoc Gas Processing and Adnoc LNG businesses into one global and market-leading consolidated business. As Adnoc grows its gas ...
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11 January
UAE takes part in meeting on mobilising int’l support for flood-hit Pakistanis
Geneva / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, headed the UAE delegation participating in a high-level international conference held in Geneva, which was organised by the Pakistani government and the United Nations. Held in the presence of Pakistani Prime Minister Shehbaz Sharif and UN Secretary-General António Guterres, the conference aimed to discuss efforts ...
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11 January
Jawhara jewellery launches winter sale campaign in UAE
Dubai / Gulf Time Jawhara Jewellery, the leading jewellery brand, has launched a fantastic discount campaign across all of its stores in the UAE, under the name of “Winter Saleâ€, through which 50% discounts will be offered on a selection of diamond and pearl jewelry. Discounts started in Abu Dhabi and Al Ain stores from November 25 to January ...
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11 January
Global Village announces AED1m scholarships
Dubai / WAM In celebration of a “Creators Monthâ€, Global Village has partnered with Bloom World Academy (BWA) for a Young Directors Award competition, which will give two young people the chance to win a life-changing scholarship for their entire schooling at BWA, the school that dares to do the things differently. The scholarships are worth over AED1 million. ...
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11 January
Xposure 2023 brings 74 of world’s best photographers to Sharjah
Sharjah / WAM The Xposure International Photography Festival is returning for its 7th edition, and it is set to be the biggest and best yet. Organised by the Sharjah Government Media Bureau, the festival will take place at the Expo Centre Sharjah from February 9-15, and features 74 world-renowned photographers and an impressive 1,794 prints on display. The agenda ...
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