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6 December

GCAA signs several agreements during ICAN2023 conference in Riyadh

RIYADH/ WAM The General Authority of Civil Aviation (GCAA) is participating in the 15th edition of the ICAO Air Services Negotiation Event (ICAN2023), hosted by the Kingdom of Saudi Arabia in the capital, Riyadh, from 3rd to 7th December 2023. The conference brings together civil aviation authorities, airlines, and more than 100 countries, international organisations, and over 700 experts in ...

6 December

UAE and Russian Presidents discuss bilateral relations and regional and international issues

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency President Vladimir Putin of the Russian Federation held discussions today on the multifaceted ties between the UAE and Russia. The two sides also explored prospects to enhance relations within the context of the bilateral strategic partnership. Additionally, their dialogue covered various regional and international issues ...

6 December

Masdar and TotalEnergies demonstrate Methanol-to-SAF pathway with successful test flight

DUBAI/ WAM The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens all contributed to the successful flight. The Alcohol-to-Jet Synthetic Paraffinic Kerosene pathway (ATJ-SPK) ...

6 December

NYUAD’s centre on climate and environment renamed Mubadala ACCESS Centre

ABU DHABI / WAM NYU Abu Dhabi (NYUAD) has received a commitment from Mubadala to sponsor its Arabian Centre for Climate and Environmental Sciences (ACCESS). As part of the strategic partnership, the centre has officially been renamed the Mubadala ACCESS Centre. The Mubadala ACCESS Centre is a leading research centre on the climate and environment of the Arabian Peninsula and ...

6 December

India stock value tops $4 trillion, narrowing gap with Hong Kong

BLOOMBERG India’s stock market value reached more than $4 trillion for the first time, marking a key milestone for the world’s fifth-biggest equity market as it rapidly narrows the gap with slumping Hong Kong. The market capitalisation of companies listed on India’s exchanges has risen by $1 trillion in less than three years, as the South Asian market emerges as ...

6 December

Pact signed to support Abu Dhabi’s hydrogen economy

DUBAI / WAM Abu Dhabi Department of Energy (DoE), the Abu Dhabi Investment Office (Adio) and Abu Dhabi Future Energy Company PJSC – Masdar, have signed a trilateral agreement to accelerate the hydrogen economy in Abu Dhabi and position the UAE as a global leader for the production and export of low-carbon hydrogen. The agreement was signed during the UN ...

6 December

Under the patronage of Theyab bin Mohamed bin Zayed, Abu Dhabi Early Childhood Authority launches 2nd World Early Childhood Development (WED) Movement at COP28 UAE

ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Head of the Office of Development Affairs and Martyrs’ Families at the Presidential Court and Chairman of the Abu Dhabi Early Childhood Authority (ECA), has launched the second edition of WED, a visionary movement uniting the UAE with global multi-disciplinary experts, ...

6 December

European stocks increase as rate-cut bets heat up

BLOOMBERG European stocks rose, following Asia higher, after the latest US data reinforced optimism in a global pivot towards central-bank easing next year as inflation fears evaporate. The Stoxx 600 index added 0.2%, climbing for a second day as US equity futures advanced. MSCI’s Asia Pacific Index gained the most in three weeks. US 10-year Treasuries were steady after a ...

6 December

Sheikh Mansour chairs Ministerial Development Council meeting on initiatives, strategies to accelerate climate action efforts

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, chaired the Ministerial Development Council meeting, which was held at Qasr Al Watan, Abu Dhabi. The meeting discussed a number of legislations and policies aiming at supporting and developing the government work ecosystem, including the climate action ...

6 December

Mohammed bin Rashid inaugurates world’s largest CSP project, as part of Mohammed bin Rashid Al Maktoum Solar Park

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the largest concentrated solar power (CSP) project in the world, within the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The 950-megawatt (MW) fourth phase is the largest investment project ...

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December, 2023