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UAE ambassadors to Qatar and Kenya sworn in before President in Abu Dhabi

ABU DHABI / WAM Before President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Zayed bin Khalifa bin Sultan bin Shakhboot Al Nahyan, the UAE’s ambassador-designate to Qatar, and Salem Ibrahim bin Ahmed Mohamed Al-Naqbi, the UAE’s ambassador-designate to Kenya, took their oaths on Monday. During the oath-taking ceremony at Qasr Al-Shati, His Highness the President wished the two ...

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Adnoc, Tabreed collaborate on region’s first geothermal project

ABU DHABI / WAM Adnoc and the National Central Cooling Company (Tabreed), today announced a breakthrough in the first project in the gulf region to harness geothermal energy following the conclusion of testing on two geothermal wells at Masdar City in Abu Dhabi. The landmark project is set to decarbonise the cooling of buildings in Masdar City, further diversify the ...

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COP28 UAE Presidency to convene economists in UAE

ABU DHABI / WAM The COP28 Presidency has announced that it will convene the Independent High-Level Expert Group (IHLEG) on Climate Finance in the UAE this week to drive progress on steps to reform international finance ahead of COP28. The two-day meeting — taking place on August 15 at the Abu Dhabi Global Markets (ADGM) — will bring together world-leading ...

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UAE national banks’ financing totalled AED28.4b in 5 months

ABU DHABI / WAM According to the latest statistics from the Central Bank of the UAE, the country’s national banks increased their credit facilities for the business and industrial sectors by around AED28.4 billion in the first five months of this year. The statistics also showed that the two sectors witnessed a 4 percent rise in credit balance from national ...

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WEF selects Al Olama for AI Governance Alliance committee

DUBAI / WAM   The World Economic Forum announced the selection of Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Director-General of the Prime Minister’s Office, for the steering committee in the AI Governance Alliance which includes 10 of the world’s leaders in the digital and technological fields globally. The AI Governance ...

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Abu Dhabi’s Taqa reports AED13.5b net income for H1

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) reported its first half earnings for the period ending on June 30, announcing a group revenues of AED26.8 billion, 5% higher than the prior-year period, primarily due to higher pass-through bulk supply tariffs and transmission use of system within the Transmission and Distribution segment. Taqa also announced that the net ...

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UAE participates in 3rd anti-corruption working group meeting in India

ABU DHABI / WAM The UAE, represented by the Supreme Audit Institution (SAI), has participated in the 3rd Anti-Corruption Working Group (ACWG) Meeting and the Anti-Corruption Ministers Meeting of G20 that were held in Kolkata, India from August 9-12. The UAE’s participation aims to enhance the strategic role of the country in anti-corruption while taking part in the discussions for developing ...

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Abdullah bin Zayed, German FM discuss strategic partnership over phone

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, discussed with Annalena Baerbock, Germany’s Federal Minister for Foreign Affairs, the friendship and comprehensive strategic partnership between their countries and ways to further develop them to drive development in the two countries. During a phone call, the top diplomats explored the prospects for expanding UAE-Germany ...

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