Abu Dhabi Airport anticipates over 22 million travellers in 2023

ABU DHABI / WAM Elena Sorlini, Managing Director and Interim Chief Executive Officer of Abu Dhabi Airports, anticipated that the airport will welcome over 22 million travellers by the end of 2023, emphasising that the inauguration of Terminal A solidifies the capital’s status as a global gateway and a strategic hub for tourism and trade. Speaking at the inaugural press ...

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UAE delegation engages in Government Experience Exchange Forum in Zimbabwe

HARARE / WAM A delegation from the UAE government participated in the Government Experience Exchange Forum in Harare, Zimbabwe, organised as part of the Government Experience Exchange Programme and the bilateral cooperation between the two countries in government modernisation. The primary objective was to facilitate the exchange of the UAE’s exemplary experiences, success stories, and innovative models spanning diverse government ...

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EAD to participate in COP28 actively with over 50 events

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) has developed a strong COP28 programme and active presence through a series of activations that demonstrates its diverse pool of projects and initiatives and reaffirms its commitment to combating climate change and increasing awareness among the community. EAD will also play a pivotal role with a negotiation team that ...

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Saif bin Zayed meets Uzbek Minister of Interior

ABU DHABI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, met in Abu Dhabi with Lieutenant General Pulat Bobojonov, Minister of Internal Affairs of Uzbekistan. The discussions focused on various shared interests, exploring avenues to bolster collaboration in police and security domains between the two nations. Major General Khalifa ...

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Sheikh Sultan inaugurates Al Layyah station new expansion in Sharjah

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Tuesday inaugurated the new expansion of the Al Layyah station, a project with a total cost of AED2.1 billion and a total capacity of 1,026 megawatts. Upon his arrival, His Highness cut the ribbon for the opening of the main building, ...

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Huawei latest smart-car deal sparks gains in China automaker, suppliers

BLOOMBERG Huawei Technologies Co’s latest automobile-related foray once again drove big share-price moves, showing the technology giant continues to draw investors despite the uncertainty overhanging China’s stock market. Chongqing Changan Automobile Co surged by its daily limit of 10% in Shenzhen after it forged a smart-car pact with Huawei. Suppliers to both Changan Auto and unlisted Huawei also climbed, even ...

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Green stock selloff deepens as Tesla sentiment sours

BLOOMBERG The selloff that’s ripped through green stocks looks set to continue into 2024, bringing a fourth consecutive year of losses, according to Bloomberg’s latest Markets Live Pulse survey. The negative sentiment appears poised to engulf a wider array of green asset classes, with Tesla Inc seen at risk of losing its place among the 10 biggest stocks in the ...

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Stocks retreat on signs Nov rally in equities is overdone

BLOOMBERG European stocks fell for a second day and US futures pointed to a weaker open on Wall Street amid signs the November rally in equities is overstretched. The Stoxx 600 retreated 0.7%, while contracts on the S&P 500 dipped by 0.2%. Dutch biotech Argenx SE sank as much as 17% after preliminary results suggested its only medicine failed in ...

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