JVC gets a new landmark adding to its skyline with Luxor by Imtiaz

DUBAI / GULF TIME Imtiaz Developments, a boutique real estate developer in Dubai renowned for its portfolio of landmark properties, unveils its experience center for their latest project, Luxor by Imtiaz, at Jumeirah Village Circle. The highly anticipated experiential center features extravagant living liaising effortlessly with the design, embodying the essence of the brand with its contemporary elegance and craftsmanship. ...

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UAE’s approach to engage youth in energy transition highlighted

ABU DHABI / WAM As part of Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2023, Eng Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), participated in the Future Leaders Conference. The event brought energy industry leaders, investors, and academic experts, together with the next generation of leaders to establish their ...

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Masdar, Boeing to boost SAF industry in UAE and globally

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, ...

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Teachers are cornerstone of national progress: Abdullah bin Zayed pays tribute on World Teachers’ Day

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 ...

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Mansour bin Zayed receives Cuban Deputy Prime Minister

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 ...

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Ewec, Masdar sign pact for power generated from UAE’s wind program

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 ...

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Goldman turns cautious on ‘expensive’ India stocks before elections

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 ...

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Stocks, bonds struggle following uncertainty interest rate hike

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 ...

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ADNOC signs agreements with 30 companies for local manufacturing opportunities worth up to AED10 Billion

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 ...

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