Abu Dhabi

MBZUAI Welcomes Senior Delegation from Weizmann Institute in Abu Dhabi

Retrieved on: 
Monday, May 3, 2021

b'ABU DHABI, UAE, May 3, 2021 /PRNewswire/ -- A senior delegation from Weizmann Institute of Science led by President Professor Alon Chen visited the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in Abu Dhabi to discuss the strategic planning and roadmap of MBZUAI-WIS Joint Program for Artificial Intelligence Research (AI Program).

Key Points: 
  • b'ABU DHABI, UAE, May 3, 2021 /PRNewswire/ -- A senior delegation from Weizmann Institute of Science led by President Professor Alon Chen visited the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in Abu Dhabi to discuss the strategic planning and roadmap of MBZUAI-WIS Joint Program for Artificial Intelligence Research (AI Program).
  • The AI Program will also carry out transformative research in Machine Learning, Computer Vision, Natural Language Processing, Computational Biology, and Neural Sciences, toward the vision of Artificial General Intelligence (AGI).
  • The joint research projects to be conceived and carried out by teams from both institutions will form the core of the program.
  • Through this partnership, we will strive to uncover some of AI\'s tremendous possibilities and help solve some of the world\'s greatest challenges.

MBZUAI Welcomes Senior Delegation from Weizmann Institute in Abu Dhabi

Retrieved on: 
Monday, May 3, 2021

b'ABU DHABI, UAE, May 3, 2021 /PRNewswire/ -- A senior delegation from Weizmann Institute of Science led by President Professor Alon Chen visited the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in Abu Dhabi to discuss the strategic planning and roadmap of MBZUAI-WIS Joint Program for Artificial Intelligence Research (AI Program).

Key Points: 
  • b'ABU DHABI, UAE, May 3, 2021 /PRNewswire/ -- A senior delegation from Weizmann Institute of Science led by President Professor Alon Chen visited the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in Abu Dhabi to discuss the strategic planning and roadmap of MBZUAI-WIS Joint Program for Artificial Intelligence Research (AI Program).
  • The AI Program will also carry out transformative research in Machine Learning, Computer Vision, Natural Language Processing, Computational Biology, and Neural Sciences, toward the vision of Artificial General Intelligence (AGI).
  • The joint research projects to be conceived and carried out by teams from both institutions will form the core of the program.
  • Through this partnership, we will strive to uncover some of AI\'s tremendous possibilities and help solve some of the world\'s greatest challenges.

Abu Dhabi’s Technology Innovation Institute Unveils the Arab World’s First Electromagnetic Compatibility Labs

Retrieved on: 
Monday, May 3, 2021

The direct connection between the two chambers enables a diversity of experiments involving 100\xe2\x80\x99s of kV nanosecond pulses and multi-megawatt microwaves systems.

Key Points: 
  • The direct connection between the two chambers enables a diversity of experiments involving 100\xe2\x80\x99s of kV nanosecond pulses and multi-megawatt microwaves systems.
  • ATRC is investing in cutting-edge laboratories that will support in-country R&D and local industry, and encourage innovation in line with international standards.
  • We are excited to announce the launch of the EMC labs in Abu Dhabi.
  • \xe2\x80\x9cWith standards now implemented and enforced globally, manufacturers have to ensure that new electronic products meet the relevant EMC standards.\xe2\x80\x9d\n'

MoU signed for the sale of Delek Drilling's stake in the Tamar gas field offshore Israel to Abu Dhabi's Mubadala Petroleum

Retrieved on: 
Monday, April 26, 2021

b'TEL AVIV AND ABU DHABI, April 26, 2021 /PRNewswire/ -- Delek Drilling of Israel has announced the signing of a non-binding Memorandum of Understanding ("MoU") with Mubadala Petroleum of Abu Dhabi, UAE for the sale of Delek Drilling\'s 22% non-operated stake in the Tamar gas field offshore Israel.

Key Points: 
  • b'TEL AVIV AND ABU DHABI, April 26, 2021 /PRNewswire/ -- Delek Drilling of Israel has announced the signing of a non-binding Memorandum of Understanding ("MoU") with Mubadala Petroleum of Abu Dhabi, UAE for the sale of Delek Drilling\'s 22% non-operated stake in the Tamar gas field offshore Israel.
  • 2P reserves in the Tamar lease, after production of more than 69.3 BCM, is approx.
  • 300 BCM of Natural Gas and 14 million barrels of condensate (Source: NSAI, January 2020).
  • Production began in 2013, where the Natural Gas in Tamar is extracted through five production wells.

Abu Dhabi Based LuLu Financial Holdings Appoints Former ADGM FSRA CEO Richard Teng to Its Board of Directors

Retrieved on: 
Wednesday, April 14, 2021

b'UAE-based LuLu Financial Holdings \xe2\x80\x93 a holding company with investments in financial services and products spanning the GCC, Indian sub-continent, and APAC regions, has announced the appointment of Richard Teng, former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), as an Independent Director to its Board.\nThis press release features multimedia.

Key Points: 
  • b'UAE-based LuLu Financial Holdings \xe2\x80\x93 a holding company with investments in financial services and products spanning the GCC, Indian sub-continent, and APAC regions, has announced the appointment of Richard Teng, former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), as an Independent Director to its Board.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210413006149/en/\nThe high-profile appointment of Mr. Richard Teng, who is credited with playing a significant role in putting Abu Dhabi on the global fintech & fin-services map, coincides with LuLu Financial Holding\xe2\x80\x99s ongoing global diversification AND investment strategy in the financial services sector.\nMr.
  • Richard Teng has served as the Director of Corporate Finance with Monetary Authority of Singapore and as Chief Regulatory Officer of Singapore Exchange.
  • Richard Teng is a pioneer in the global financial services sector, having contributed immensely to the development of modern value-led technologies in varying geographies.

Masdar launches 'For A Sustainable Future' campaign to celebrate 15 years as a global renewable energy leader

Retrieved on: 
Thursday, April 1, 2021

"Importantly, Masdar's 15 year track record of contributing to the growth of the renewable energy sector reflects the UAE's commitment, as a responsible global citizen, to progressive climate action," H.E.

Key Points: 
  • "Importantly, Masdar's 15 year track record of contributing to the growth of the renewable energy sector reflects the UAE's commitment, as a responsible global citizen, to progressive climate action," H.E.
  • As we prepare to celebrate Masdar's 15th anniversary, 'For A Sustainable Future' will celebrate our many achievements, which have positioned Abu Dhabi and the UAE as a global renewable energy leader."
  • Despite the global economic challenges arising from the COVID-19 pandemic, Masdar has maintained its growth trajectory.
  • About For A Sustainable Future:
    Masdar's For A Sustainable Future campaign showcases Masdar's pioneering innovation in sustainability across renewable energy, sustainable urban development and clean technologies, ahead of the company's 15th anniversary in 2021.

Masdar launches 'For A Sustainable Future' campaign to celebrate 15 years as a global renewable energy leader

Retrieved on: 
Thursday, April 1, 2021

"Importantly, Masdar's 15 year track record of contributing to the growth of the renewable energy sector reflects the UAE's commitment, as a responsible global citizen, to progressive climate action," H.E.

Key Points: 
  • "Importantly, Masdar's 15 year track record of contributing to the growth of the renewable energy sector reflects the UAE's commitment, as a responsible global citizen, to progressive climate action," H.E.
  • As we prepare to celebrate Masdar's 15th anniversary, 'For A Sustainable Future' will celebrate our many achievements, which have positioned Abu Dhabi and the UAE as a global renewable energy leader."
  • Despite the global economic challenges arising from the COVID-19 pandemic, Masdar has maintained its growth trajectory.
  • About For A Sustainable Future:
    Masdar's For A Sustainable Future campaign showcases Masdar's pioneering innovation in sustainability across renewable energy, sustainable urban development and clean technologies, ahead of the company's 15th anniversary in 2021.

ADNOC: Historic Moment as World's First Murban Futures Contracts Commence Trading

Retrieved on: 
Monday, March 29, 2021

The introduction of the world's first Murban Futures contract is the latest step in ADNOC's ongoing transformation into a more market and customer centric organisation.

Key Points: 
  • The introduction of the world's first Murban Futures contract is the latest step in ADNOC's ongoing transformation into a more market and customer centric organisation.
  • ICE Murban Futures are physically delivered contracts, with one futures contract equating to 1,000 barrels of Murban crude oil delivered from the ADNOC Terminal located in Fujairah, on the East coast of the UAE.
  • The company will move its forward pricing mechanism for Murban to the ICE Murban Futures Contract from June, coinciding with the first expiry of Murban Futures.
  • As the new home of Murban Futures, Abu Dhabi Global Market has quickly established its place as a leading commodities trading center, and IFAD joins two international market-facing trading entities, ADNOC Global Trading and ADNOC Trading.

ICE Futures Abu Dhabi Recognized as an Overseas Investment Exchange by UK’s Financial Conduct Authority

Retrieved on: 
Friday, March 26, 2021

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced that ICE Futures Abu Dhabi (IFAD), ICEs new exchange in Abu Dhabi, has been recognized as an overseas investment exchange by the UKs Financial Conduct Authority.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced that ICE Futures Abu Dhabi (IFAD), ICEs new exchange in Abu Dhabi, has been recognized as an overseas investment exchange by the UKs Financial Conduct Authority.
  • ICE Futures Abu Dhabi has published a list of the jurisdictions where it has obtained advice regarding permitting access to IFAD markets, which can be found here .
  • The 26 approved Exchange Members, of which 19 are approved Clearing Members, are listed in full on IFADs Membership page here .
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

ICE announces Exchange Members and Clearing Members approved to trade and clear ICE Futures Abu Dhabi markets

Retrieved on: 
Thursday, March 25, 2021

With the addition of clearing Murban Crude Oil products on ICE Futures Abu Dhabi, we show commitment and keep investing for our clients.

Key Points: 
  • With the addition of clearing Murban Crude Oil products on ICE Futures Abu Dhabi, we show commitment and keep investing for our clients.
  • Marex is delighted to join ICE Futures Abu Dhabi as a General Clearing Member.
  • Advantage is excited to be a Clearing Member for the launch of ICE Futures Abu Dhabi.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.