Presight recently announced its acquisition of a controlling stake in AIQ, the AI for Energy joint venture established in 2020 by ADNOC and G42.
Tag: UAE
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First wind turbine installed at Baltic Eagle offshore wind farm
The first of a total of 50 wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Abu Dhabi Future Energy Company – Masdar, the UAE's clean energy powerhouse, and Iberdrola, a world-leading clean energy company.
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UAE, Jordan agree to enhance recognition of seafarers’ certificates of competence
The Ministry of Energy and Infrastructure (MoEI) and Jordan's Ministry of Transport signed a Memorandum of Understanding (MoU) to drive cooperation, capacity building, and knowledge exchange and enhance mutual recognition of seafarers' certificates of competence.
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Hanoi attracts over US$1.1 billion in FDI in four months
Hanoi, the capital of Vietnam, attracted more than US$1.13 billion of foreign direct investment (FDI) in the first four months of this year, with 73 new projects worth over US$1 billion and 47 projects permitted to increase a combined investment capital of US$79 million.
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784,000 guests in hotel establishments in Fujairah during 2023
The number of guests in hotel establishments in Fujairah saw a notable rise in 2023, reaching a total of 784,106 guests, with 711,000 staying in hotels and 72,000 in hotel apartments, according to the statistical yearbook for 2023.
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ADNOC signs third long-term Heads of Agreement for Ruwais LNG project
ADNOC announced today the signing of a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 0.6 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG).
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ADFD participates in Arab-DAC Dialogue to enhance development cooperation
Abu Dhabi Fund for Development (ADFD) participated in the two-day Arab-DAC Dialogue in Kuwait, a platform dedicated to boosting development finance and cooperation to address evolving global challenges.
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Ras Al Khaimah to elevate tourism with electric air mobility across emirate
Ras Al Khaimah Transport Authority (RAKTA) and Ras Al Khaimah Tourism Development Authority (RAKTDA) have signed a future-forward Memorandum of Understanding with Skyports Infrastructure (Skyports), the company leading the development of vertiport infrastructure for electric air taxi services.
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UAE Council for Artificial Intelligence and Blockchain concludes 2nd phase of subcommittees’ initiatives
Omar Sultan AlOlama, Minister of State for Artificial Intelligence (AI), Digital Economy, and Remote Work Applications, underscored the imperative of escalating efforts and bolstering the integration of initiatives and projects at the national level to fortify the UAE's global leadership in AI.
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Sharjah Social Empowerment Foundation participates in educational Conference in Riyadh
The Sharjah Social Empowerment Foundation (SSEF) participated in the Educational Innovation Conference held in Riyadh, Saudi Arabia.