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ABU DHABI/WAM Abu Dhabi National Energy Company (TAQA) announced on Thursday that it has acquired 100 percent of Transmission Investment (TI), a leading UK-based energy and utility investment platform. TI is one of the largest players operating offshore transmission (OFTO) assets connecting offshore wind farms to the UK grid. The strategic acquisition strengthens TAQA’s position in the offshore electricity transmission ...

ABU DHABI/WAM The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held its meeting chaired by Abdulaziz Al-Ghurair, Chairman of UBF, to review the banking and financial sector’s performance during 2024, and discuss developments, initiatives and plans in 2025. The CEOs Advisory Council praised the strong performance and achievements of ...

ABU DHABI/WAM Abu Dhabi Global Market (ADGM) has announced the launch of the “Virtual Sell and Purchase”, the first-of-its-kind real estate service, which allows multiple steps within property transactions to be completed virtually by buyers, sellers, and associated banks. ADGM’s new service streamlines and consolidates three key real estate procedures – Discharge of Mortgage, Register a Transfer, and Register a ...

OSAKA/WAM The United Arab Emirates Pavilion at Expo 2025 Osaka-Kansai continues to highlight the rich Emirati heritage by showcasing authentic handicrafts during the fourth day’s events, which included live workshops presented by “Bait Al Harifeen” (House of Artisans) with the participation of a selection of elite Emirati craftswomen. These live workshops include interactive experiences in the art of Al Sadu, ...

ABU DHABI/WAM Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to acquire a minority stake in Nord Anglia Education, a leading international schools organisation, for $600 million. Mubadala will join the consortium led by global investment organisation EQT which includes Neuberger Berman, Canada Pension Plan Investment Board, Corporación Financiera Alba, SA, and Dubai Holding. Alvin Teh, Head ...

ABU DHABI/WAM Tadweer Group has signed an agreement with China’s SFECO Group to explore the development of a manufacturing facility in Abu Dhabi that will convert industrial solid waste into green building materials. The agreement supports Tadweer Group’s commitment to unlocking the value of waste and fostering circular economy practices in line with Abu Dhabi’s wider sustainability objectives. The facility ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Ahmed Al-Sharaa of the Syrian Arab Republic on the occasion of Evacuation 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 ...

DUBAI/GULF TIME This Easter, Grand Mercure Dubai City brings a fresh, seasonal twist to its culinary offerings with two thoughtfully curated experiences at the hotel’s signature venues — Walima Restaurant and Qova Café. Whether it’s a family-friendly Sunday lunch or an elegant afternoon treat, the hotel invites guests to savour the essence of Easter on 20 April and beyond. The ...

ABU DHABI/WAM H.H.Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, has visited Sir Bani Yas Island and reviewed ongoing development and tourism plans. H.H.Sheikh Hamdan also received an update on the results of recent archaeological excavations and heritage preservation efforts on the island, and toured Sir Bani Yas Church and Monastery and the new Visitor Services ...

ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received a delegation from the European Parliament’s Committee on Foreign Affairs, headed by David McAllister. During the meeting, which took place today in Abu Dhabi, both sides reviewed the cooperation relations between the United Arab Emirates and the European Union and discussed ways ...