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ABU DHABI / WAM Archer Aviation on Tuesday announced that it has entered into an agreement with Abu Dhabi Investment Office (Adio), pursuant to which the parties intend to work together to make Abu Dhabi its first international launch partner, with plans to commence air taxi operations in Abu Dhabi in 2026. As part of this strategic initiative, Adio plans ...

BEIJING / WAM Mohammed Jalal Al Rayssi, Director-General of the Emirates News Agency (WAM), has underscored the significant role that media can play in supporting collective efforts and raising awareness about climate change and sustainability. During lectures delivered to students at Tsinghua University, the Communication University of China, and Beijing Foreign Language University, Al Rayssi emphasised the crucial importance of ...

BEIJING / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, visited The Palace Museum in Beijing, a UNESCO World Heritage Site, on the sidelines of his visit to the People’s Republic of China as head of the UAE delegation to the Third Belt and Road Forum for International Cooperation. Accompanied by ...

BLOOMBERG Investors are turning bearish once more, flocking to cash as economic growth expectations falter, according to Bank of America Corp’s (BofA) global fund manager survey. The broadest measure of sentiment — based on cash positions, equity allocation and economic predictions — fell in the October poll after showing an improvement in the summer months, strategists led by Michael Hartnett ...

BLOOMBERG Stocks struggled for direction and bonds trimmed a decline as investors kept a close eye on diplomatic efforts to contain the Israel war, including a visit to the region by US President Joe Biden planned for on Wednesday. Europe’s Stoxx 600 Index and futures contracts for US equities kept to narrow ranges as traders prepared for a flurry of ...

DUBAI/WAM Masdar City, a ground-breaking sustainable urban community in Abu Dhabi, and Huawei, a leading global provider of information and communications technology infrastructure, have joined forces through a Memorandum of Understanding that will help power the UAE’s journey to net zero. The agreement, signed today at GITEX GLOBAL 2023 by key Masdar City and Huawei leaders, will lead to knowledge-sharing ...

DUBAI/ WAM Gulf Navigation Holding (GULFNAV), the Dubai Financial Market listed maritime and shipping company, announced that it made a net profit of AED35 million for M9 2023, compared to AED1.8 million in the year-ago period. In its statement today, the Dubai-based company said that operating revenue for the nine-month reached AED83 million. The statement added that its Q3 2023 ...

ABU DHABI/ WAM H.H. Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), Mother of the Nation, has sent a congratulatory message to Sayyida Ahad bint Abdullah bin Hamad Al Busaidiyah, wife of Sultan Haitham bin Tariq of Oman, on ...

ASTANA/ WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, met here today with Alikhan Smailov, Prime Minister of the Republic of Kazakhstan. During the meeting, His Highness Sheikh Mansour bin Zayed conveyed the greetings of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to President Kassym-Jomart Tokayev of Kazakhstan ...

MUSCAT/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs, participated in the GCC Ministerial Council’s Extraordinary Session, which convened in Muscat today to discuss the latest developments in the Gaza Strip. H.H. Sheikh Abdullah bin Zayed affirmed that the GCC Ministerial Council’s Extraordinary Session underscores the importance of collective multilateral action in addressing the current and ...