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ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) and Nuclearelectrica have announced the signing of a memorandum of understanding (MoU) for bilateral cooperation within the nuclear energy sector to support the growth of this critical energy source in tackling the dual challenges of energy security and climate change. The objective of the MoU is to provide both parties ...

SHARJAH / WAM The Board of Directors of Dana Gas on Tuesday announced that it has recommended an incremental dividend payment of 4.5 fils per share for H2 2022. A payout of 4.5 fils per share for the second half of 2022 would take the total dividend payment for 2022 to AED630 million or 9 fils per share, a 12.5 ...

ABU DHABI / WAM Halcyon, a Washington DC-based incubator, concluded a week-long programme in Abu Dhabi, in collaboration with Access Abu Dhabi, a programme supported by the Abu Dhabi Investment Office (Adio), with a cohort of 28 founders representing the region’s most promising impact-driven businesses. The Access Abu Dhabi is open to all US businesses and includes various support to ...

ABU DHABI / WAM By the end of 2022, global renewable generation capacity amounted to 3372 gigawatt (GW), growing the stock of renewable power by 295 GW or 9.6 percent, according to Renewable Capacity Statistics 2023, released by the Abu Dhabi-headquartered International Renewable Energy Agency (Irena). An impressive 83 percent of all power capacity added last year was produced by ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with Klaus Iohannis, President of Romania, who is on an official visit to the UAE, on Tuesday. During the meeting, the two leaders discussed bilateral relations and ways to further enhance relations between the UAE and ...

RAS AL KHAIMAH / WAM His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received at his rest-house in Jebel Jais, HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, who was accompanied by HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, on Tuesday. ...

DUBAI / WAM Dubai Duty Free announced its contribution of AED 20 million towards the “1 Billion Meals Endowment” campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to coincide with the advent Holy Month of Ramadan. The campaign aims to see the largest Ramadan food aid endowment fund established ...

ABU DHABI / GULF TIME The National Library and Archives (NLA) announced the completion of the necessary preparations for hosting the International Council Congress (ICA) 2023 in Abu Dhabi on October 9-13 at the first meeting of the organising committee for the major archival event, which announced the activities of the conference and exhibition at Abu Dhabi National Exhibition Centre ...

LATAKIA / WAM The Emirates Red Crescent (ERC) distributed around 1,500 school bags and stationery to Syrian students in the Latakia Governorate, one of the areas affected by the recent earthquake that hit the country. The aid is the first phase of an initiative to distribute more than 10,000 school bags and stationery to several Syrian governorates. It is part ...

DUBAI / WAM Emirates NBD has successfully priced a five-year $600 million sukuk for Air Lease Corporation (ALC), marking the first sukuk issued by a US corporation. The strong demand for the sukuk saw orders of over $2.2 billion, allowing ALC to increase the offering to $600 million. The profit rate was tightened by 30 basis points to 5.85%, at ...