October, 2023

• 5 October

  Ewec, Masdar sign pact for power generated from UAE’s wind program

  

  ABU DHABI / WAM Ewec (Emirates Water and Electricity Company) and Abu Dhabi Future Energy Company PJSC — Masdar, have signed a Power Purchase Agreement (PPA) for power generated from the UAE’s first utility-scale Wind Programme. The agreement was signed following the official UAE Wind Programme inauguration presided over by HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown ...

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• 5 October

  Goldman turns cautious on ‘expensive’ India stocks before elections

  

  BLOOMBERG Global headwinds and expensive stock valuations necessitate a cautious approach toward Indian equities in the short term as the country prepares for next year’s national elections, according to Goldman Sachs Group Inc. “The sharp rally since end-March, expensive valuations and global macro risks (high oil, high US rates, strong dollar) warrant a tactically conservative stance over the next three ...

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• 5 October

  Stocks, bonds struggle following uncertainty interest rate hike

  

  BLOOMBERG European shares crept higher following three straight loss-making days, after softer US economic data sparked a late bounce on Wall Street and soothed fears of a Federal Reserve interest rate hike next month. Gains were fragile however, with Europe’s Stoxx 600 index edging just 0.1% higher after closing at the lowest in more than six months, while futures for ...

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• 5 October

  ADNOC signs agreements with 30 companies for local manufacturing opportunities worth up to AED10 Billion

  

  ABU DHABI/ WAM ADNOC has announced new agreements with 30 companies for local manufacturing of critical non-oil products in its supply chain as it accelerates the decarbonisation of its operations. The announcement was made at ADNOC’s 7th annual Business Partnership Forum held at ADIPEC, the world’s largest energy industry gathering taking place in Abu Dhabi. The new agreements, outline the ...

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• 5 October

  ADIPEC 2023 a success, showing global energy industry’s commitment to decarbonisation

  

  ABU DHABI / WAM The 39th edition of ADIPEC 2023, the world’s largest and most inclusive energy industry event, concluded on Thursday after 4-day thought-provoking discussions, innovative solutions, and groundbreaking partnerships. Held under the theme of “Decarbonising. Faster. Together.”, the event, featured 10 conferences – including a new,hydrogen-focused conference and an expanded strategic decarbonisation conference – that addressed a range ...

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• 5 October

  UAE President receives Speaker of Iranian Parliament

  

  ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received Mohammad Baqer Qalibaf, Speaker of the Iranian Parliament, accompanied by Saqr Ghobash, Speaker of the Federal National Council (FNC). During the meeting at Qasr Al Shati in Abu Dhabi, His Highness welcomed Qalibaf, who conveyed to His Highness the greetings of Dr. Ebrahim Raisi, President of the Islamic ...

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• 5 October

  UAE President reaffirms commitment to Lebanon’s unity during meeting with Lebanese Prime Minister

  

  ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Najib Mikati, Prime Minister of the Republic of Lebanon, who arrived earlier today in the UAE. During the meeting at Qasr Al-Shati in Abu Dhabi, His Highness welcomed the Lebanese Prime Minister and expressed his wishes for Lebanon to enjoy stability, security, and prosperity and achieve development that ...

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• 5 October

  On behalf of UAE President, Khaled bin Mohamed bin Zayed inaugurates UAE Wind Programme

  

  ABU DHAB/ WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has inaugurated the UAE Wind Programme during a ceremony on Sir Bani Yas Island. The clean energy project builds on the leadership’s efforts to ...

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• 5 October

  UAE President, Malaysian Prime Minister discuss bilateral ties

  

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan met today with Anwar Ibrahim, Prime Minister of Malaysia, to discuss bilateral ties and explore opportunities for further collaboration that advances the sustainable development ambitions of both nations. During the meeting, which took place at Qasr Al Shati in Abu Dhabi, Ibrahim conveyed to His Highness the greetings ...

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• 5 October

  UAE President meets with teachers to mark World Teachers’ Day

  

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with teachers from across the UAE on the occasion of World Teachers’ Day, and commended the vital role they play in nurturing and inspiring young people. His Highness received the delegation at Qasr Al Bahr in Abu Dhabi, and highlighted the importance of teachers in helping future generations ...

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