UAE President, VPs congratulate Arab, Islamic leaders on new Hijri year
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to kings, presidents and emirs of the Arab and Islamic countries on the occasion of the new Hijri year 1446. The UAE President wished them good health and happiness, further progress and prosperity for their peoples and development and glory for Arab […]
7.4 billion barrels of Murban crude oil have traded as Murban futures since launch
Intercontinental Exchange, Inc. (NYSE:ICE), on Sunday announced record trading activity in Murban crude during the second quarter of 2024. ICE Futures Abu Dhabi (IFAD) and ICE’s Murban futures market launched in Abu Dhabi in March 2021 with ADNOC and nine of the world’s largest energy traders as founding partners. Murban is the UAE’s flagship crude […]
DEWA attracts projects worth Dh43.6 billion through IPWP model over 10 years
DEWA announced the Independent Power and Water Producer model (IPWP) projects worth Dh 43.6 billion through over 10 years. This will make Dubai a global hub for the green economy, support Dubai Economic Agenda D33, and align with the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050. Saeed Mohammed […]
Emirates Group announces senior appointments, including 7 UAE nationals
H.H. Sheikh Ahmed bin Saeed Al Maktoum, Emirates Group Chairman and Chief Executive, today announced senior appointments to support the organisation’s growth and strengthen its leadership bench. This latest list of promotions and senior appointments includes 7 UAE nationals, many of whom have grown their careers at the Emirates Group in different roles and continue […]
UAE, Japan discuss latest developments in comprehensive strategic partnership, sign MoUs
Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, met with the Japanese Prime Minister Fumio Kishida. The meeting was attended by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Shihab Al Fahim, UAE Ambassador to Japan. During the meeting, Dr. Al Jaber conveyed greetings from President His […]
ADNOC and JBIC sign $3 billion green financing agreement
Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion (Dh11 billion) green financing facility. It follows the signing of a Heads of Agreement (HOA) between ADNOC and JBIC in January this year and builds on their long-standing successful partnership. […]