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ABU DHABI / WAM Dr Caroline Faraj, Vice President CNN Arabic, said that the United Arab Emirates has become a leading hub for major regional and international media entities, given its incentive environment that attract and encourage creators and innovators. In a statement to the Emirates News Agency (WAM) on the sidelines of her participation in the Global Media Congress, ...

RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, on Thursday received Bogdan Octavian Badica, Ambassador of Romania to the UAE, at the Saqr bin Mohammed City. Sheikh Saud and the Romanian ambassador reviewed a number of issues of mutual interest and ways to boost the distinguished ties ...

ABU DHABI/WAM Abu Dhabi Future Energy Company (Masdar), and its partners Abu Dhabi National Energy Company (TAQA), EDF Renewables and JinkoPower, together with procurer Emirates Water and Electricity Company (EWEC), have inaugurated the world’s largest single-site solar power plant ahead of the UAE hosting the UN Climate Change Conference (COP28). The 2 GigaWatt Dhafra Solar Photovoltaic Independent Power Project was ...

BLOOMBERG Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only modest progress in the strained ties and as fresh data renewed concern over the world’s second-largest economy. The Hang Seng China Enterprises Index closed down 1.4% to lead losses among major Asia equity gauges. It jumped 4% in the previous session ...

BLOOMBERG Stocks paused their rally as the euphoria over a potential dovish pivot by central banks faded and investor attention turned to the latest corporate earnings and deals news. Europe’s Stoxx 600 Index steadied after three days of gains. Burberry Group Plc dropped 6.7% as it warned that this year’s revenue target may be out of reach. HelloFresh SE sank ...

ABU DHABI / WAM Tabreed, the world’s leading district cooling company, reported its financial results for the nine-month period ending on September 30. During the first nine months of the year, Tabreed sustained positive momentum, recording a robust top line of AED1.8 billion, a 10 percent increase year-on-year, compared to AED1.7 billion in the same period last year. Attributed to ...

ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) will host 38 ecosystem players, technology providers, small and medium-sized enterprises (SMEs) and startups at its pavilion and the Startup Village during COP28. Located at the Technology and Innovation Hub, the MoIAT pavilion aims to bring together local and international entities in the industry and advanced technology sectors ...

DUBAI / WAM In a groundbreaking move to enhance knowledge sharing and promote innovation within the defense and security sector, Tawazun Council has introduced the “Project Bank” initiative. This approach aims to connect various entities across the industry, both locally and internationally, fostering an environment conducive to the exchange of ideas and expertise. The Project Bank offers defence contractors direct ...

ABU DHABI / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended events on the fourth day of the Dubai Airshow 2023. His Highness toured the stands of local and international companies participating in the 18th Dubai Airshow including Etihad Airways, the Strategic ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan issued a Federal Decree appointing Aisha Mohamed Ahmed Belharfia, as Under-Secretary of the Ministry of Human Resources and Emiratisation (MOHRE), for Emiratisation. Belharfia served previously as Acting Under-Secretary for Emiratisation Affairs and Assistant Under-Secretary for Labour Affairs at MOHRE. She has also taken responsibilities related to Labour ...