Sheikh Mansour, Mauritania President discuss bilateral relations at COP28

DUBAI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, held talks with President Mohamed Ould Ghazouani of the Islamic Republic of Mauritania, on bilateral relations and means to further develop them across various sectors for the benefit of the two brotherly peoples. This came during His Highness’s ...

Read More »

Jefferies opens Canada investment-banking unit in global push

BLOOMBERG Jefferies Financial Group is starting an investment-banking unit in Canada as part of an international expansion of its core Wall Street operations. The company will offer investment-banking and capital-markets services to its corporate, institutional and government clients in Canada, Jefferies said in a statement. The office in Toronto will employ more than 40 people across investment banking, equity research, ...

Read More »

First-ever space agencies leaders’ summit held at COP28

DUBAI / WAM As part of its leadership in organising the first participation of the Space Pavilion in COP28, and based on its pioneering role as an enabler of the space sector, the UAE Space Agency organised the Space Agencies Leaders’ Summit, the first summit of its kind with the participation of more than 20 international space agencies. By bringing ...

Read More »

UAE’s drive to transform energy sector highlighted

DUBAI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, affirmed that the UAE’s energy sector is vital to ensuring the success of the UN Climate Change Conference (COP28), taking place at Dubai Expo City with the participation of world leaders. The UAE realised early on the importance of a realistic and responsible energy transition and succeeded ...

Read More »

UAE’s Masdar acquires 1GW renewable projects in Poland

DUBAI / WAM Abu Dhabi Future Energy Company (Masdar) on Monday announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finnish-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios. Masdar and Taaleri Energia have purchased the projects from Domrel Biuro Usług Inwestycyjnych (Domrel), a leading developer ...

Read More »

Green Fujairah Initiative launched on sidelines of COP28

DUBAI / WAM The Fujairah Environment Authority has launched the Green Fujairah Initiative, which includes several pillars that will address climate change and reflects the commitment of the Emirate of Fujairah to mobilise climate action efforts across various sectors. This came during a panel discussion organised by the Authority at UAE House of Sustainability, in the Green Zone at the ...

Read More »

Rolls-Royce plans higher cash flow as CEO pushes efficiency

BLOOMBERG Rolls-Royce Holdings Plc set ambitious medium-term targets of higher cash flow and return on capital as Chief Executive Officer Tufan Erginbilgic takes his turnaround effort at the UK engine maker to the next phase. The company expects to achieve operating profit of as much as £2.8 billion ($3.5 billion) and free cash flow of as much as £3.1 billion ...

Read More »

Hamdan bin Zayed receives President of Angola

ABU DHABI/ WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, received at Al Nakheel Palace on Monday, President João Lourenço of the Republic of Angola, and discussed with him bilateral relations and ways to enhance them. During the meeting, Sheikh Hamdan welcomed the guest president, who is visiting the country to participate in the ...

Read More »
Send this to a friend