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ABU DHABI / WAM Abu Dhabi Future Energy Company PJSC – Masdar, is teaming up with aerospace company Boeing to propel the sustainable aviation fuel (SAF) industry in the UAE and globally. The partnership aims to further support the commercial aviation industry’s goal of achieving net-zero emissions by 2050. The memorandum of understanding was signed by Mohammad Abdelqader El Ramahi, ...

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and Chairman of the Education and Human Resources Council (EHRC), delivered a heartfelt tribute to teachers worldwide on the occasion of World Teachers’ Day, underscoring their pivotal role as the cornerstone upon which nations are built through nurturing future generations. In a statement marking ...

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, has received Ricardo Cabrisas, Deputy Prime Minister and Minister of Foreign Trade and Foreign Investment of Cuba. During the meeting, His Highness and the Cuban Deputy Prime Minister discussed various aspects of fostering bilateral relations and mutual ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, sent a written letter to Sheikh Mohammed bin Abdulrahman Al Thani, Prime Minister and Minister of Foreign Affairs of Qatar, including a formal invitation to attend the 28th session of the Conference of the Parties to the ...

ABU DHABI / WAM Ewec (Emirates Water and Electricity Company) and Abu Dhabi Future Energy Company PJSC — Masdar, have signed a Power Purchase Agreement (PPA) for power generated from the UAE’s first utility-scale Wind Programme. The agreement was signed following the official UAE Wind Programme inauguration presided over by HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown ...

BLOOMBERG Global headwinds and expensive stock valuations necessitate a cautious approach toward Indian equities in the short term as the country prepares for next year’s national elections, according to Goldman Sachs Group Inc. “The sharp rally since end-March, expensive valuations and global macro risks (high oil, high US rates, strong dollar) warrant a tactically conservative stance over the next three ...

BLOOMBERG European shares crept higher following three straight loss-making days, after softer US economic data sparked a late bounce on Wall Street and soothed fears of a Federal Reserve interest rate hike next month. Gains were fragile however, with Europe’s Stoxx 600 index edging just 0.1% higher after closing at the lowest in more than six months, while futures for ...

ABU DHABI/ WAM ADNOC has announced new agreements with 30 companies for local manufacturing of critical non-oil products in its supply chain as it accelerates the decarbonisation of its operations. The announcement was made at ADNOC’s 7th annual Business Partnership Forum held at ADIPEC, the world’s largest energy industry gathering taking place in Abu Dhabi. The new agreements, outline the ...

ABU DHABI / WAM The 39th edition of ADIPEC 2023, the world’s largest and most inclusive energy industry event, concluded on Thursday after 4-day thought-provoking discussions, innovative solutions, and groundbreaking partnerships. Held under the theme of “Decarbonising. Faster. Together.”, the event, featured 10 conferences – including a new,hydrogen-focused conference and an expanded strategic decarbonisation conference – that addressed a range ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received Mohammad Baqer Qalibaf, Speaker of the Iranian Parliament, accompanied by Saqr Ghobash, Speaker of the Federal National Council (FNC). During the meeting at Qasr Al Shati in Abu Dhabi, His Highness welcomed Qalibaf, who conveyed to His Highness the greetings of Dr. Ebrahim Raisi, President of the Islamic ...