Dubai-based maritime and shipping company Gulf Navigation (GulfNav) has formally proposed the complete acquisition of all businesses and assets from fuel and crude storage provider Brooge Energy Limited. GulfNav has stated that this proposed acquisition is a key component of its growth strategy, aimed at providing an integrated portfolio of logistical services related to oil, petrochemicals, and gas.
Category: World
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AD Ports’ Noatum announces acquisition agreement of Sesé’s Finished Vehicles Logistics
AD Ports Group has announced that Noatum, which now leads its Logistics Cluster operations, has signed the agreement for the acquisition of the 100% equity ownership of Sesé Auto Logistics, the Finished Vehicles Logistics (FVL) business of Grupo Logístico Sesé, for a total purchase consideration (Enterprise Value - EV) of EUR81 million.
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President of Paraguay receives UAE FM to discuss climate action
President Santiago Peña of Paraguay has received in the capital, Asunción, Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs.
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President of Paraguay receives UAE Foreign Minister to discuss climate action
President Santiago Peña of Paraguay has received in the capital, Asunción, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs.
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Khaled bin Mohamed bin Zayed discusses trilateral relations with President of Serbia and Prime Minister of Hungary
Today, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, held a meeting with Aleksandar Vučić, President of the Republic of Serbia, and Viktor Orbán, Prime Minister of Hungary, during His Highness' official visit to the Republic of Serbia
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Abdullah bin Zayed, Barbados Prime Minister discuss joint cooperation, climate action
H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, met Mia Amor Mottley, Prime Minister of Barbados, to discuss prospects for bolstering bilateral cooperation, particularly in climate action and renewable energy.
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COP28 Presidency hosts Youth Ambition Majlis in New York
The COP28 Presidency has hosted a Youth Ambition Majlis on the sidelines of the United Nations General Assembly at the UAE Consulate in New York.
The Majlis is a dedicated event for youth that aims to engage and empower youth participation and provide young people with a platform to share their ideas, ambitions, and aspirations ahead of COP28.
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COP28 President-Designate highlights Japan’s role in energy transition during Tokyo GX Week
Dr. Al Jaber’s official visit took place during Tokyo GX Week, a special event organised by Japan’s Ministry of Economy, Trade and Industry to promote green transformation.
The President-Designate also discussed with Kishida the UAE’s preparations to host COP28 in November and December this year. The meeting follows the Prime Minister’s successful visit to Abu Dhabi last July, which yielded substantial progress in implementing programs, projects, and initiatives within the Comprehensive Strategic Partnership.
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China sees prosperous development of digital trade
China's rapidly growing digital trade sector is making significant strides, as the nation achieved a total foreign trade value in digital services of $371.08 billion in 2022, reflecting a 3.2% year-on-year increase.
These findings were revealed in a joint report by the Development Research Centre of the State Council and the China Academy of Information and Communications Technology (CAICT), as reported by People's Daily Online.
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Abdullah bin Zayed meets with UN Secretary-General in New York
H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met with António Guterres, Secretary-General of the United Nations (UN), on the sidelines of the 78th Session of the UN General Assembly in New York.