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Diez, Curaçao Island discuss cooperation opportunities

DUBAI / WAM Dubai Integrated Economic Zones Authority (Diez) welcomed a high-level delegation from Curaçao Island within the Kingdom of the Netherlands at the Dubai Airport Free Zone (Dafz) to discuss future bilateral cooperation and investment opportunities. Amna Lootah, Director-General of Dubai Airport Freezone (Dafz), and Dr Juma Al Matrooshi, Director-General of Dubai Silicon Oasis (DSO), welcomed the delegation, which ...

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Khalifa Fund, Wio Bank to offer beyond banking digital services

ABU DHABI / WAM Khalifa Fund for Enterprise Development (Khalifa Fund) has signed a memorandum of understanding with Wio Bank PJSC — the region’s first platform bank — to support Khalifa Fund members with access to fast, flexible, and secure banking and financial services from Wio Business, the SME-tailored business banking application from Wio Bank. Through the partnership, the two ...

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Mansour bin Zayed chairs Mubadala Investment’s board of directors meeting

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the Presidential Court, and Chairman of the Board of Directors of the Mubadala Investment Company, chaired the meeting of the company’s board held in Qasr Al Watan in Abu Dhabi. HH Sheikh Mansour opened the meeting by lauding the company’s performance ...

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Masdar, Airbus sign deal to support global SAF market

ABU DHABI / WAM Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Airbus, to support the development and growth of the global sustainable aviation fuel market. The signing ceremony was held in the presence of Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President-Designate, Guillaume Faury, Chief Executive Officer, ...

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Operation Gallant Knight 2: 100 days of assistance to Syrian earthquake victims

LATAKIA / WAM Operation Gallant Knight 2, launched by the Joint Operations Command of the Ministry of Defence, has completed 100 days of continuous support and assistance to Syria following the earthquake on February 06. During this period, 181 aircraft carrying 5,727 tonnes of essential food supplies, medicines and  medical equipment and three ships carrying 5,429 tonnes were dispatched, totalling ...

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UAE central bank imposes sanctions on eight lenders

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) imposed administrative sanctions on eight banks operating in the UAE, pursuant to Article 137 of the Decretal Federal Law No (14) of 2018 Regarding the Central Bank & Organisation of Financial Institutions and Activities, and the Central Bank notices regarding the beneficiaries of the Nationals Defaulted Debts Settlement Fund ...

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Seatrade Maritime Logistics Middle East 2023 opens

DUBAI / WAM The highly anticipated Seatrade Maritime Logistics Middle East, the leading shipping and maritime supply chain event in the region, commenced on Tuesday at the Dubai World Trade Centre under the patronage of the UAE Ministry of Energy and Infrastructure (MOEI UAE). As an integral part of the UAE Maritime Week, the conference and exhibition attracted renowned industry ...

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Mansour bin Zayed attends opening of Middle East Rail 2023

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, attended the opening ceremony of the 17th Middle East Rail 2023, the region’s leading event for rail innovation, technology and strategy, on Monday at Abu Dhabi National Exhibition Centre (Adnec). The opening ceremony was attended by Jasem ...

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Taqa reports AED11.6 billion net income for first quarter of 2023

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) on Monday reported a very strong first quarter for the period ending on March 31, announcing a net income (Taqa share) of AED11.6 billion, an increase of AED9.6 billion, mainly driven by a one-off gain recognised on the acquisition of a 5% shareholding in Adnoc Gas. It also announced group ...

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