ABU DHABI/WAM XRG and bp on Monday announced they have reached financial close and completed the formation of their new joint venture (JV) and international natural gas platform – Arcius Energy. Announced in February 2024, the JV is 51% owned by bp and 49% by XRG, ADNOC’s transformative energy investment company. The new joint venture will combine the pair’s deep ...
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ABU DHABI/GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution in the UAE, has expanded its footprint with the opening of three new customer centres in Dubai and Northern Emirates, reinforcing its commitment to accessible, innovative, and customer-centric banking solutions across the UAE. The three new centres included a flagship branch in Hamidiya in Kanz Mall, Ajman ...
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ABU DHABI/WAM Najmedin Muhametaliuly, Ambassador of the Republic of Kazakhstan to the UAE, affirmed the strength of bilateral relations between the UAE and Kazakhstan, describing them as historic and strategic across various fields. He highlighted the pivotal role of the leadership visions in both countries as the driving force behind the rapid growth of these ties. In statements to the ...
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DUBAI/WAM Drydocks World, in partnership with GE Vernova, has secured a landmark project to build and install Ostwind 4, a two-gigawatt (GW) offshore wind grid connection that will power nearly two million German households. Awarded by 50Hertz, the Transmission System Operator for eastern Germany, including Berlin and Hamburg, the project is a major step in the country’s commitment to renewable ...
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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Kassym-Jomart Tokayev of Kazakhstan on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al Nahyan, ...
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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to His Majesty King Hamad bin Isa Al Khalifa of Bahrain on the occasion of the Kingdom’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh ...
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ABU DHABI/WAM The UAE participated in the 113th ministerial meeting of the Arab Energy Organisation (AEO), which took place on Sunday in the State of Kuwait, with the participation of ministers of oil and energy from the member states. The UAE delegation was led by Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs at the Ministry of Energy and ...
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DUBAI/WAM In a bold celebration of the UAE’s timeless heritage, the 11th edition of the Camel Trek is well into its 13-day desert odyssey, with 33 participants from 17 countries, each embodying the spirit of the UAE. The participants, hailing from both the UAE and beyond, have set off from the heart of the Empty Quarter desert and are currently ...
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DUBAI/WAM Under the directives and patronage of HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, the Hatta Winter initiative was launched on Wednesday. Organised under the supervision of the Supreme Committee to Oversee the Development of Hatta, and implemented by Brand Dubai, the creative arm of the ...
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ABU DHABI / GULF TIME The biggest edition of MOTN Festival, everyone’s favourite family festival, has taken over Abu Dhabi Corniche for an unforgettable season finale from December 6 to 31. With an ‘Out of This World’ theme and spanning 1.5km, families are immersing themselves in more than 350 experiences filled with carnival rides, nonstop entertainment, exciting games and arcades, ...
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