Search Site

Trends banner

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

UAE and Azerbaijan presidents pledge to boost ties

Shaikh Mohamed bin Zayed Al Nahyan, President of the UAE, and Ilham Aliyev, President of Azerbaijan. (BNA)
  • The two countries resolved to ramp up ties in economics, development, renewable energy, environmental protection, culture, education, and other areas
  • The meeting between the two presidents also addressed the upcoming UN Climate Change Conference (COP29) to be hosted by Azerbaijan this year

Baku, Azerbaijan— The UAE and Azerbaijan have discussed ways to enhance cooperation in renewable energy, environmental protection, culture, education, and other areas that contribute to sustainable development.

The discussion on the deepening of ties took place in a meeting between Shaikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, and Ilham Aliyev, President of Azerbaijan, in Baku.

The meeting discussed ways to strengthen cooperation in various sectors, including economics, development, renewable energy, environmental protection, culture, education, and other areas that contribute to sustainable development, WAM reported.

Both sides also exchanged views on a number of regional and international issues of mutual interest.

The meeting also addressed the upcoming UN Climate Change Conference (COP29) hosted by Azerbaijan this year.

Shaikh Mohamed expressed his best wishes for Azerbaijan’s successful hosting of this global event and further progress based on the UAE Consensus announced at COP28 last year.

The UAE Consensus aims to accelerate practical and tangible global climate action and address climate challenges, thereby enhancing sustainable economic and social development for all peoples worldwide.

The two sides exchanged memoranda of understanding and a letter of intent between the two countries. These agreements aim to expand cooperation in various sectors, supporting the two countries’ vision for sustainable development and prosperity.