Abu Dhabi Ports to expand in Asia, Africa, and Middle East in 2024

ABU DHABI / WAM Saif Al Mazrouei, CEO of the Ports sector at Abu Dhabi Ports Group, has reiterated the Group’s unwavering commitment to expansion and acquisition in Asia, Africa, and the Middle East throughout 2024. In a statement to the Emirates News Agency (WAM), Al Mazrouei shared details about several imminent investment projects set to be unveiled this year. ...

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Nasdaq futures sink earnings from tech giants fell short of expectations

BLOOMBERG US equity futures slumped after earnings from tech giants fell short of Wall Street’s high expectations and as investors prepared for the first interest-rate decision of the year from the Federal Reserve. Contracts on the Nasdaq 100 slid 1.2%, while those on the S&P 500 retreated 0.5%. Microsoft Corp, Alphabet Inc and Advanced Micro Devices Inc dropped in premarket ...

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Alef Education highlights role of AI, climate education at BETT UK 2024

ABU DHABI / WAM Alef Education, a UAE-based global leader in education technology, has highlighted the importance of AI-driven education and climate education in advancing the education sector at BETT UK 2024. Alef Education CEO Geoffrey Alphonso, Board Advisor Dr Aishah Al Yammahi, and Chief Growth Officer Will Lock were prominent company representatives at the show, which took place at ...

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Adnoc distribution marks year of expansion, growth in 2023

ABU DHABI / WAM Adnoc Distribution on Wednesday announced early operational results from 2023, with full financial results to be shared in February 2024. The company delivered continued fuel and retail growth, set new benchmarks in domestic and international expansion and achieved notable milestones in sustainability. Adnoc Distribution continued to expand its network in 2023, surpassing its annual target of ...

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UAE leaders congratulate President of Nauru on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President David Adeang of the Republic of Nauru, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness ...

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KEZAD Group announces AED621m investment for new warehousing capacity

ABU DHABI/ WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group today announced that it has commenced the development of warehousing capacity of more than 250,000 square metres, with an investment of AED621 million to bring additional capacity of pre-built industrial and logistics facilities online by the end of 2025. This will boost KEZAD’s total warehousing capacity by 43%. KEZAD ...

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Emirates joins UK low carbon investment initiative, The Solent Cluster

LONDON/ WAM Emirates has become the first international airline to join The Solent Cluster, a UK initiative focused on low carbon investments established to reduce CO2 emissions from industry, transport and households in the South Coast of England. The Solent Cluster is a cross-sector collaboration of international organisations, including manufacturers and engineering companies, regional businesses and industries, leading logistics and ...

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UAE President receives Speaker of Turkish Grand National Assembly

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Excellency Numan Kurtulmuş, Speaker of the Turkish Grand National Assembly, in the presence of His Excellency Saqr Ghobash, Speaker of the Federal National Council. During the meeting, held at Qasr Al Bahr in Abu Dhabi, His Highness welcomed His Excellency Kurtulmuş, who conveyed the ...

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President receives team that worked on 52nd Union Day celebrations

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met with members of the team that worked on the delivery of the UAE’s 52nd Union Day celebrations. During the reception, which took place at Qasr Al Bahr in Abu Dhabi, His Highness expressed his appreciation for the team’s efforts towards making the special national occasion a ...

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