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ABU DHABI / WAM A recent report revealed that 29 initial public offerings (IPOs) were recorded in the Middle East and North Africa (Mena) region during the first nine months of this year, with total proceeds of $5.8 billion. The report, issued today by Ernst Young (EY) on IPO activity in the region, stated that all IPOs executed in the ...

ABU DHABI/ WAM The United Arab Emirates and Bosnia and Herzegovina have taken a significant step towards strengthening bilateral relations with the signing of a memorandum of understanding (MoU) on visa exemption. The MoU, signed on November 6, aims to facilitate and promote travel, trade, and people-to-people exchanges between the two nations. Under the MoU, UAE and Bosnia and Herzegovina ...

DUBAI/ WAM The first Emirates flights operating with sustainable aviation fuel (SAF) provided by Shell Aviation have taken off from Dubai International Airport (DXB). Emirates’ flight EK 412 bound for Sydney on October 24 was among the first to operate with SAF. Shell has supplied 315,000 gallons of blended SAF for use at the airline’s hub in Dubai. This first-ever ...

ABU DHABI/ WAM The UAE’s EDGE Group has announced the acquisition of a 52% majority shareholding in ANAVIA, a Switzerland-based company that specialises in the design, development, and manufacturing of versatile vertical take-off and landing (VTOL) systems of up to 750 kilogrammes, and their associated capabilities. The move will see EDGE become a market leader in this highly-specialised domain. ANAVIA ...

ABU DHABI/ WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today opened the first ordinary session of the 18th legislative chapter of the Federal National Council (FNC), in the presence of His Highness Sheikh Mansour ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received a phone call from Kamala Harris, Vice President of the United States, to discuss concerted efforts to enhance the urgent humanitarian response in the Gaza Strip and bolster the provision of humanitarian assistance to civilians impacted by escalating military activity. His Highness and the US Vice ...

ABU DHABI/ WAM Following the orders of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, a comprehensive Emirati field hospital is to be established in the Gaza Strip to deliver essential medical support to Palestinians. The initiative is part of the ‘Gallant Knight 3’ humanitarian operation, which His Highness ordered to be implemented yesterday. Today, five aircraft departed from ...

ABU DHABI / WAM Rabdan Academy, specialising in safety, security, defence, emergency preparedness and crisis management, has received international accreditation from Pearson BTEC, a global leader in awarding prestigious academic and professional qualifications and conducting accreditation assessments. This accreditation enables Rabdan Academy to offer an array of specialised capacity-building and professional development programmes from the BTEC Qualifications, curated by a ...

ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the second edition of the Emirates Energy Forum that brought together concerned stakeholders and leaders to accelerate the UAE’s energy transition agenda. Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, said, “Just a few weeks away from the highly anticipated 28th UN Climate Change Conference (COP28), the ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has directed the allocation of AED4.5 million to stock Sharjah libraries with the latest publications of the 42nd session of the Sharjah International Book Fair. The move aims to support the book industry regionally and globally and facilitate the expansion of publishing ...