Abdullah bin Zayed receives James Cleverly, discusses UAE-UK partnership, regional developments

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, discussed with James Cleverly, Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom and Northern Ireland, the latest developments in the Middle East. This came during a business luncheon in Abu Dhabi, where the two top diplomats reviewed international efforts towards ...

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COP28 President says ‘world must unite on climate action’

ABU DHABI / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, addressed a record number of ministers and delegations from around the world at the opening session of Pre-COP, declaring that the international community needs to unite on climate action and that “we have to come through. We must unite. We must ...

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The Energy Chief Trying to Get the UK to Speed Up Carbon Capture

BLOOMBERG Centrica Plc boss Chris O’Shea is on a mission to show the UK government that it needs to rapidly speed up carbon capture projects, which could become crucial if the country is to reach its net zero ambitions. The company’s aging Morecambe gas site, off the west coast of England, wasn’t selected for a support scheme this summer that’s ...

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European stocks gain ahead of slew of central bank decisions

BLOOMBERG European stocks kicked off the week with gains as Israel’s military action in Gaza proceeded more cautiously, while investors look to the Federal Reserve for direction on interest rates. The Stoxx 600 index was up 0.6% in a broad risk-on move, with almost all the sectors trading in positive territory. Oil fell as Middle East conflict remained contained as ...

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Foreign funds are selling India stocks at fastest pace in months

BLOOMBERG Foreign investors have cut holdings of Indian stocks at a rapid pace over the past week, with disappointing earnings from some bellwether companies souring sentiment just as concerns about the Israel-Hamas war and higher-for-longer US rates hurt demand for riskier assets. Overseas funds sold $768.4 million of local shares alone, the biggest single-day outflow since June 2022 on a ...

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20,000 relief packages prepared with participation of 5,000 volunteers in ‘Tarahum for Gaza’ Campaign

ABU DHABI/ WAM The “Tarahum for Gaza” campaign continues with strong momentum and participation of citizens and residents of the UAE. Substantial contributions from the community are continuing in parallel with official efforts, reflecting the UAE’s deep-rooted values of human solidarity. In its third week, the campaign witnessed the participation of 5,000 volunteers during activities organised at the Etihad Arena ...

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UAE President congratulates Turkish President on centennial of Republic of Türkiye

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call today with Recep Tayyip Erdogan, President of the Republic of Türkiye, extending his congratulations on the centennial anniversary of the Republic’s establishment. During the call, His Highness conveyed his best wishes for ongoing progress and prosperity for Türkiye, its government, and people. His Highness affirmed ...

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