PJSC

VEON enters the final stages in the sale of its Russia operations

Retrieved on: 
Tuesday, May 30, 2023
Sale, VEON, PJSC, Documentation, PJSC VimpelCom, Risk, Euronext Amsterdam, Security (finance), Clearstream

With this, the Company enters the final stages in the closing of the sale of VEON’s Russia operations, which was announced on 24 November 2022.

Key Points: 
  • With this, the Company enters the final stages in the closing of the sale of VEON’s Russia operations, which was announced on 24 November 2022.
  • According to the terms of the VEON Bonds, the registrar is required to cancel the VEON Bonds purchased by a subsidiary of VEON and surrendered to the registrar for cancellation.
  • This cancellation is a non-cash transaction necessary for our timely exit from Russia; and protects VEON and its investors from a risk of double payments in the future.
  • We look forward to the completion of this cancellation, a milestone in the closing of the sale of VEON’s Russia operations.”

Bayanat, Yahsat and ICEYE announce an ambitious program to broaden commercial opportunities across the UAE space-ecosystem

Retrieved on: 
Wednesday, May 17, 2023
Partnership, Yahsat 1A, SAR, Orbit, ABU, Microsoft Space Simulator, Optical flow, Radar, Acquisition, ICEYE, LEO, Entrepreneurship, Weather, Ecosystem, PJSC, ADX, EO, Communications satellite, Renewable energy, Al Yah Satellite Communications, New Space, Earth

The program forms part of the two companies' partnership with ICEYE, a renowned SAR satellite manufacturer based in Finland.

Key Points: 
  • The program forms part of the two companies' partnership with ICEYE, a renowned SAR satellite manufacturer based in Finland.
  • SAR is an active sensing system that illuminates the Earth's surface and measures the reflected signal to generate high-resolution images.
  • Unlike traditional optical imaging satellites, SAR can capture images day and night, regardless of weather conditions or solar illumination.
  • The program is a steppingstone towards realizing a broader space-ecosystem in the UAE, including the development of in-country satellite manufacturing capabilities.

Masdar and Airbus sign agreement to support development and growth of global sustainable aviation fuel market

Retrieved on: 
Tuesday, May 16, 2023
Hydrogen, IATA, ATAG, Sustainability, Guillaume Faury, Partnership, COP28, SAF, Methanol, Aviation, ABU, Direct air capture, Carbon, Green hydrogen, ICAO, Aviation biofuel, Excellency, Growth, PJSC, Transport, CO2, Aircraft, Jet fuel, Renewable energy, Airline, Masdar, Airbus

The agreement was signed by Mohammad Abdelqader El Ramahi, Chief Green Hydrogen Officer, Masdar and Mikail Houari, President, Airbus Africa and Middle East.

Key Points: 
  • The agreement was signed by Mohammad Abdelqader El Ramahi, Chief Green Hydrogen Officer, Masdar and Mikail Houari, President, Airbus Africa and Middle East.
  • We look forward to working closely with Airbus to support the development of the global sustainable aviation fuel market and to exploring the adoption of creative low carbon solutions in support of net zero."
  • Mikail Houari, President, Airbus Africa and Middle East, said: "Sustainable Aviation Fuel (SAF) is one of the best solutions for reducing the aviation sector's carbon footprint and this agreement will support in advancing its much-needed development and growth.
  • Sustainable aviation fuel is an immediately available solution for significantly reducing the CO2 emissions of global air transportation.

Masdar and Airbus sign agreement to support development and growth of global sustainable aviation fuel market

Retrieved on: 
Tuesday, May 16, 2023
Hydrogen, IATA, ATAG, Sustainability, Guillaume Faury, Partnership, COP28, SAF, Methanol, Aviation, ABU, Direct air capture, Carbon, Green hydrogen, ICAO, Aviation biofuel, Excellency, Growth, PJSC, Transport, CO2, Aircraft, Jet fuel, Renewable energy, Airline, Masdar, Airbus

The agreement was signed by Mohammad Abdelqader El Ramahi, Chief Green Hydrogen Officer, Masdar and Mikail Houari, President, Airbus Africa and Middle East.

Key Points: 
  • The agreement was signed by Mohammad Abdelqader El Ramahi, Chief Green Hydrogen Officer, Masdar and Mikail Houari, President, Airbus Africa and Middle East.
  • We look forward to working closely with Airbus to support the development of the global sustainable aviation fuel market and to exploring the adoption of creative low carbon solutions in support of net zero."
  • Mikail Houari, President, Airbus Africa and Middle East, said: "Sustainable Aviation Fuel (SAF) is one of the best solutions for reducing the aviation sector's carbon footprint and this agreement will support in advancing its much-needed development and growth.
  • Sustainable aviation fuel is an immediately available solution for significantly reducing the CO2 emissions of global air transportation.

Masdar and IRENA to collaborate on setting a roadmap to triple global renewable energy capacity by 2030

Retrieved on: 
Thursday, May 11, 2023
COP28, Climate, ABU, HE, Petersberg Climate Dialogue, International Renewable Energy Agency, Wind, IRENA, Solar energy, Memorandum of understanding, Ministry of Industry and Advanced Technology (United Arab Emirates), PJSC, Renewable energy, Masdar

ABU DHABI, UAE, May 11, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to triple global renewable energy capacity by 2030.

Key Points: 
  • ABU DHABI, UAE, May 11, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to triple global renewable energy capacity by 2030.
  • During the UAE Climate Tech Forum in Abu Dhabi, Masdar and IRENA signed a Memorandum of Understanding (MoU) to collaborate on a project for COP28 that will outline global targets for renewable energy by 2030.
  • The main objective of the project is to establish a global baseline for renewable energy, with a focus on solar, wind, hydropower, geothermal, and other technologies including battery storage, complemented by region-specific data.
  • HE Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President-Designate, said: "The world needs to commit to tripling global renewable energy capacity by 2030 and to double it again by 2040.

Masdar and IRENA to collaborate on setting a roadmap to triple global renewable energy capacity by 2030

Retrieved on: 
Thursday, May 11, 2023
COP28, Climate, ABU, HE, Petersberg Climate Dialogue, International Renewable Energy Agency, Wind, IRENA, Solar energy, Memorandum of understanding, Ministry of Industry and Advanced Technology (United Arab Emirates), PJSC, Renewable energy, Masdar

ABU DHABI, UAE, May 11, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to triple global renewable energy capacity by 2030.

Key Points: 
  • ABU DHABI, UAE, May 11, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to triple global renewable energy capacity by 2030.
  • During the UAE Climate Tech Forum in Abu Dhabi, Masdar and IRENA signed a Memorandum of Understanding (MoU) to collaborate on a project for COP28 that will outline global targets for renewable energy by 2030.
  • The main objective of the project is to establish a global baseline for renewable energy, with a focus on solar, wind, hydropower, geothermal, and other technologies including battery storage, complemented by region-specific data.
  • HE Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President-Designate, said: "The world needs to commit to tripling global renewable energy capacity by 2030 and to double it again by 2040.

Dubai Industrial City Signs Key Strategic Partnerships with MoIAT, MOCCAE, EDB and Dubai's DET to Promote and Grow UAE Manufacturing Sector

Retrieved on: 
Thursday, May 4, 2023
Knowledge, Jumeirah Emirates Towers Hotel, Mineral, Dubai Design District, TECOM Group, Investment, Transport, COP28, Industrialisation, F&B, Dubai International Academic City, Ministry of Industry and Advanced Technology (United Arab Emirates), DET, Growth, PJSC, Food security, Conference, VVIP (hip hop group), Private sector, D3, United Nations Framework Convention on Climate Change, Climate change, Assistant, Government, Ministry, Dubai Science Park, Party, Dish Network, Industrial, Partnership, International Year of Sustainable Tourism for Development, Security, Ministry of National Food Security & Research, Economic development, EDB, Excellency, Memorandum of understanding, Food, Drug, Hotel, Tourism, Agriculture, Emirates, Economy, Sustainability, Dubai Industrial Park, Environment

"Through strategic partnerships with key players like MOIAT and Dubai Industrial City, EDB identifies developmental projects and deploys capital efficiently and quickly.

Key Points: 
  • "Through strategic partnerships with key players like MOIAT and Dubai Industrial City, EDB identifies developmental projects and deploys capital efficiently and quickly.
  • Sustainability remains a key pillar for Dubai Industrial City and the UAE's overarching manufacturing roadmap, and the agreement signed between Dubai Industrial City and MOCCAE will promote decarbonisation in the industrial sector.
  • Established in 2004, Dubai Industrial City is one of the region's largest industrial manufacturing and logistics hubs.
  • Dubai Industrial City is part of TECOM Group's portfolio of 10 business districts, including Dubai Internet City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Science Park, Dubai Knowledge Park, Dubai International Academic City and Dubai Design District (d3).

Dubai Industrial City Signs Key Strategic Partnerships with MoIAT, MOCCAE, EDB and Dubai's DET to Promote and Grow UAE Manufacturing Sector

Retrieved on: 
Thursday, May 4, 2023
Knowledge, Jumeirah Emirates Towers Hotel, Mineral, Dubai Design District, TECOM Group, Investment, Transport, COP28, Industrialisation, F&B, Dubai International Academic City, Ministry of Industry and Advanced Technology (United Arab Emirates), DET, Growth, PJSC, Food security, Conference, VVIP (hip hop group), Private sector, D3, United Nations Framework Convention on Climate Change, Climate change, Assistant, Government, Ministry, Dubai Science Park, Party, Dish Network, Industrial, Partnership, International Year of Sustainable Tourism for Development, Security, Ministry of National Food Security & Research, Economic development, EDB, Excellency, Memorandum of understanding, Food, Drug, Hotel, Tourism, Agriculture, Emirates, Economy, Sustainability, Dubai Industrial Park, Environment

"Through strategic partnerships with key players like MOIAT and Dubai Industrial City, EDB identifies developmental projects and deploys capital efficiently and quickly.

Key Points: 
  • "Through strategic partnerships with key players like MOIAT and Dubai Industrial City, EDB identifies developmental projects and deploys capital efficiently and quickly.
  • Sustainability remains a key pillar for Dubai Industrial City and the UAE's overarching manufacturing roadmap, and the agreement signed between Dubai Industrial City and MOCCAE will promote decarbonisation in the industrial sector.
  • Established in 2004, Dubai Industrial City is one of the region's largest industrial manufacturing and logistics hubs.
  • Dubai Industrial City is part of TECOM Group's portfolio of 10 business districts, including Dubai Internet City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Science Park, Dubai Knowledge Park, Dubai International Academic City and Dubai Design District (d3).

Virax Biolabs Group Announces Establishment of Regional Headquarters at Dubai Science Park

Retrieved on: 
Thursday, May 4, 2023
Knowledge, Heart, Dubai Design District, Senior, D3, Viral, Research, Science, Dubai Science Park, TECOM Group, Patient, Diagnosis, Growth, Ecosystem, PJSC, Health, Director of National Parks, SME, Dubai International Academic City, Vaccine, Drug

LONDON and DUBAI, UAE, May 4, 2023 /PRNewswire/ -- Virax Biolabs Group Limited ("Virax" or the "Company") (Nasdaq: VRAX), an innovative diagnostics company focused on the detection of immune responses to and diagnosis of viral diseases, announced today that it established a regional headquarters at Dubai Science Park, a member of TECOM Group PJSC.

Key Points: 
  • LONDON and DUBAI, UAE, May 4, 2023 /PRNewswire/ -- Virax Biolabs Group Limited ("Virax" or the "Company") (Nasdaq: VRAX), an innovative diagnostics company focused on the detection of immune responses to and diagnosis of viral diseases, announced today that it established a regional headquarters at Dubai Science Park, a member of TECOM Group PJSC.
  • "The new headquarters will strengthen the distribution network we have developed for ViraxClear and enable further development of our innovative technology behind Virax Immune, while tapping into an esteemed science and business community established at Dubai Science Park."
  • Dubai Science Park is a global ecosystem that serves the entire value chain of the science, health and pharma sectors.
  • Dubai Science Park is part of TECOM Group's portfolio of 10 districts that includes Dubai Internet City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Knowledge Park, Dubai International Academic City, Dubai Design District (d3), Dubai Industrial City and Dubai Outsource City.

VEON publishes 1Q23 trading update

Retrieved on: 
Thursday, May 4, 2023
Banglalink, PwC, Electricity, Pakistani rupee, Office of Foreign Assets Control, VEON, STI, Public Company Accounting Oversight Board, Data, Digital, Grammy Award for Best Country Performance by a Duo or Group with Vocal, Espresso, G, Human, USD, Internal audit, LTM, Adtech (company), ARPU, PJSC VimpelCom, CEST, Chief, Yoy, Growth, PJSC, Public expenditure, Total, Corporate headquarters, KZT, Churn, LTI, HQ, FX, Headquarters, Algorithm, Euronext Amsterdam, OFAC, Radio, CFO, Note, Person, Sale, EBITDA, Ethics, Vulnerability and Risk Committee, Maus, Cryptocurrency, Management, Bank, Sales, EU, Tamasha, JazzCash, Issuer

In 1Q23, Group EBITDA decreased by 13.5% YoY in reported currency terms (+11.2% in local currency), with Group EBITDA margin of 43.6% (-2.5 p.p.

Key Points: 
  • In 1Q23, Group EBITDA decreased by 13.5% YoY in reported currency terms (+11.2% in local currency), with Group EBITDA margin of 43.6% (-2.5 p.p.
  • YoY).
  • On 26 April 2023, VEON announced that it has incorporated a dedicated AdTech company, wholly owned by the VEON Group, to offer digital marketing services supporting VEON Group companies in addressing the growing digital advertising opportunity in VEON markets.
  • With its headquarters in Tashkent, Uzbekistan, VEON AdTech will work with VEON’s digital operators and support the VEON Group in providing highly targeted digital marketing services based on machine-learning algorithms, building on VEON companies’ proximity to their customers.