#Indonesia

Mubadala Energy strengthens position in Andaman Sea

Mubadala Energy strengthens position in Andaman Sea exploration

Mubadala Energy completed the appraisal of the Layaran discovery in South Andaman, marking the safe conclusion of its drilling campaign

INDONESIA

Indonesia and UAE forge $3bn tourism development deal

The MoU, effective for one year with the possibility of extension, does not specify a fixed timeline for the $3bn investment

UAE-INDONESIA-TIES-WAM

UAE and Indonesia strengthen ties during high-level meet in Abu Dhabi

President Widodo was awarded the Order of Zayed, the UAE’s highest civilian honour, during a ceremony at Qasr Al Watan in Abu Dhabi

INDONESIA-UAE-VISIT

Indonesian President Joko Widodo begins UAE state visit to strengthen bilateral ties

This state visit marks the one-year anniversary of the CEPA, which was signed in July 2022, and took effect a year later

Indonesia’s $2.35bn Sukuk listed on Nasdaq Dubai

Indonesia lists three sukuks worth $2.35bn on Nasdaq Dubai

The new listings bring the Southeast Asia nation’s total value of issuances listed on the exchange to $24.1bn

Natural gas

Mubadala Energy confirms significant gas discovery in Indonesia

The Tangkulo-1 discovery aligns with the company’s gas-focused strategy and serves as a significant milestone in the region’s development

ADIB BANK

ADIB denies it’s in talks to buy $1.1bn stake in Indonesian bank

ADIB has denied that it’s in talks to buy a minority stake in Indonesia’s top Islamic lender

Mubadala Energy announces major gas discovery in Indonesia

Mubadala Energy boosts Indonesia exposure with major gas discovery

The Layaran-1 discovery provides the foundation for future organic growth and additional exploration drilling activities in 2024

Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, UAE, speaks at the inauguration of Southeast Asia’s largest floating solar plant in Indonesia Image Supplied

Masdar, Indonesia inaugurate Southeast Asia’s largest floating solar plant

Cirata is Masdar’s first floating PV project and its first renewable energy project in the Southeast Asian market

garuda indonesia uses palm oil blended jet fuel for commercial flight

Indonesia conducts first commercial flight using palm oil-blended jet fuel

The palm oil blended jet fuel is produced by Indonesian state energy firm PT Pertamina

Mubadala Energy, Pertamina to explore CCS

Mubadala Energy partners with Pertamina to explore CCUS

The deal facilitates knowledge sharing between the two entities while exploring potential joint investments in upstream projects

ATM 2023 Emirates and Indonesia sign MoU

ATM 2023: UAE’s Emirates signs 3 MoUs with Indonesia, Morocco, Zimbabwe

The three agreements are aimed at encouraging inbound travel and bolstering visitor numbers to the three countries

Sunset Hospitality

Dubai’s Sunset Hospitality Group announces new Bali openings

The group plans to expand its global footprint with the launch of 20 new venues by the end of this year

Apple

Key Apple partners plan expansion in Southeast Asia in 2023

In addition to producing iPhones in China, Foxconn and Pegatron now make some of Apple’s iconic handsets in India

Indonesia

Here’s what we know so far about Indonesia’s digital rupiah

Indonesia is setting out its plans for the digital rupiah, a blockchain-based currency, starting with transactions between local banks

UAE and Indonesia to partner on climate action, infrastructure development and AI

The agreements aim to strengthen the economic, environmental and technological cooperation between the two countries

G20 summit

UAE President arrives in Indonesia to attend G20 summit

The summit will take place in Bali, Indonesia, on November 15-16

Sanad and Indonesia's GMF agree landmark MoU

Abu Dhabi’s Sanad, Indonesia’s GMF to establish MRO centre for aircraft engines

The two entities will collaborate to build MRO capabilities dedicated to CFM engines at GMF’s existing facility in Jakarta

UAE foreign minister discusses bilateral cooperation with Indonesia

UAE foreign minister discusses bilateral cooperation with Indonesia

The UAE and Indonesia signed the comprehensive economic partnership agreement (CEPA) in July

UAE

UAE’s CEPA pacts to grow economy by 2.6% by 2030 – minister

In July, the UAE will sign its fourth comprehensive economic partnership agreement with Colombia

UAE Indonesia

UAE inks economic pact to boost trade with Indonesia

The Indonesia deal is the UAE’s third major trade pact since it announced the plan to broaden its economic relationships in 2021

UAE eyes more trade pacts to secure billions in investments

The UAE signed a deal with India recently

Abu Dhabi’s Masdar to explore renewable energy export from Indonesia to Singapore

Singapore is looking to import as much as 4 GW of low-carbon electricity by 2035

Dubai

State-owned Bank Syariah Indonesia to open representative office in Dubai in 2022

It will work across three key business areas: global sukuk, remittance, and trade finance

Expo 2020 Dubai pavilions: Denmark, Monaco, Cuba, Georgia, Indonesia, Italy, Lebanon, Malta

Here’s a list of eight participating country pavilions and their offerings

Abu Dhabi UAE government

Indonesia fund lets UAE invest in its high-yield instruments

The investment framework deal was signed with the Abu Dhabi Growth Fund

Dr Sultan

Masdar JV starts construction on Indonesia’s first utility-scale floating solar power plant

The 145-megawatt Cirata Floating Photovoltaic Power Plant is expected to begin commercial operations in Q4 2022

Saudi Arabia

Saudi bans citizens from travelling to Indonesia over Covid-19 concerns

It urged its citizens in Indonesia to exercise caution and to return to the kingdom at the earliest

In pictures: Eid Al Adha celebrations across the world

The Muslim festival of Eid Al Adha is being observed amidst Covid-19 restrictions in many countries

Covid-19: UAE suspends entry of travellers from Indonesia, Afghanistan

The move also covers travellers who were in these countries 14 days prior to coming to the UAE