Abu Dhabi’s Mubadala buys stake in health tech firm Zelis

ABU DHABI / WAM Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to purchase a minority stake in Zelis, a leading provider of healthcare technology solutions in the United States. Mubadala Investment Company is the lead investor, alongside a group of investors including Norwest and HarbourVest. Parthenon and Bain Capital remain the majority owners of Zelis. “We ...

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UAE leaders congratulate King of Thailand on National Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to King Maha Vajiralongkorn of Thailand on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and Sheikh Mansour bin Zayed Al Nahyan, ...

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Zayed International Airport crowned ‘World’s Most Beautiful Airport’

ABU DHABI / WAM Zayed International Airport (AUH) was crowned World’s Most Beautiful Airport at the prestigious Prix Versailles, The World Architecture and Design Award, recognising its outstanding architectural design in the airports category. The announcement was made at a ceremony in Paris at UNESCO’s Headquarters, coinciding with the airport’s first anniversary and the 53rd Eid Al Etihad celebrations. In ...

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EDB reveals AED1.12bn in financing to cultivate UAE’s food security sector

ABU DHABI/WAM Emirates Development Bank (EDB) has provided AED1.12 billion in financing to the food security sector, representing 8% of its total cumulative financing. Since the launch of its new strategy in April 2021, EDB’s total financing has reached AED14.72 billion, reflecting the strategic importance the bank places on this critical sector. By supporting food security, EDB seeks to cultivate ...

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FNC adopts recommendations on AI

ABU DHABI/WAM The Federal National Council (FNC) on Wednesday adopted a set of recommendations during the discussion of the government’s policy regarding artificial intelligence (AI). The 3rd meeting of the second ordinary session of the 18th legislative chapter of the Federal National Council (FNC) was chaired by its Speaker Saqr Gobash. Omar bin Sultan Al Olama, Minister of State for ...

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Adnoc Gas awards Worley FEED contract for facilities at BGC

ABU DHABI/WAM Adnoc Gas plc announced on Wednesday that Worley Engineering Pty Ltd has been awarded the Front-End Engineering and Design (FEED) contract for new gas processing facilities at Bab Gas Cap (BGC). The new facilities would boost Adnoc Gas’ current processing capacity by 20% or over 1.8 billion standard cubic feet per day (scfd) with a Final Investment Decision ...

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Sharjah Calligraphy Forum draws 30,000 visitors

SHARJAH / WAM The 11th edition of the Sharjah Calligraphy Forum, under the theme “Numerals” wrapped up following a two-month celebration dedicated to Arabic calligraphy, drawing 30,000 visitors from around the world. The forum, organised by the Cultural Affairs Department of the Sharjah Department of Culture and held under the patronage of HH Sheikh Dr Sultan bin Mohammed Al Qasimi, ...

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DCT Abu Dhabi launches Our Traditions, Our Roots campaign

ABU DHABI / AD MEDIA OFFICE The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has launched of a new awareness campaign, Our Traditions, Our Roots, celebrating Abu Dhabi’s cultural heritage. The campaign is launching with a short film featuring Emirati poetry, crafts, traditional performing arts and other forms of cultural expression. Fostering pride in the Emirati ...

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