Saturday 27 July 2024
 
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UAE, China sign deals, MoUs to boost energy, industry ties

Agreements and MoUs have been signed by UAE and China in vital areas and sectors of common interest, within the framework of the Comprehensive Strategic Partnership (CSP) during a UAE ministerial visit to China.   The UAE delegation led by Dr Sultan Al Jaber, Mi

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Bell completes delivery of full Bell 505 fleet to RJAF

Bell Textron has announced the successful delivery of the remaining five Bell 505 aircraft to the Royal Jordanian Air Force (RJAF), completing the 10 Bell 505 fleet order.    This milestone coincided with the graduation of the latest cohort of pilot cadets

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NMDC posts $3.3bn revenue growth in H1; net profit up 66pc

Abu Dhabi-based NMDC Group, a global leader in engineering, procurement, construction, and marine dredging, has recorded solid results for the first half with a 79% increase in its revenues which soared to AED12.126 billion ($3.3 billion) from the last year's figure of AED6.8 billion ($1.

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The Sustainable City Dubai launches delivery robots

The Sustainable City – Dubai, the first fully sustainable community in the region, has announced the launch of a delivery robot pilot in collaboration with Dubai Future Labs and Lyve Global.    Starting this month, three autonomous on-demand delivery

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Emirates Family Office Association confirms new board

The Emirates Family Office Association (EFOA), the unique independent body supporting UAE (and global) family offices, has announced several new appointments to its Board of Directors.   The Board will include the Association’s Founder and Chairman, Adam L

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Sanad seals MRO partnership deal with Air Mauritius

Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala, has signed an exclusive three-year partnership with Air Mauritius, the national airline of Mauritius, to deliver Maintenance, Repair, and Overhaul (MRO) services

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Mamo secures $3.4m to enhance financial services for SMEs

Mamo, a UAE-based fintech startup on a mission to help small and medium-sized businesses consolidate their payment collection, corporate cards and expense management needs, has completed a $3.4 million funding round. The additional funds will help Mamo expand its product offerings and extend

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Dubai Chamber attracts 24 multinational companies in H1

Dubai International Chamber has attracted 24 multinational companies (MNCs) in the first half of 2024, a three-fold increase from eight in H1 2023. Besides, a total of 62 SMEs were attracted to Dubai in H1 2024, an increase of 29% compared to the 48 the same period last year. &nb

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Bahrain to boost industrial sector's contribution to GDP

Bahrain is committed to achieving the objectives outlined in the industrial sector strategy (2022-2026) that is aimed at increasing the sector's contribution to the GDP and enhancing exports of domestically-produced industrial goods, said Minister of Industry and Commerce Abdulla bin Adel

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Ewec issues RFPs for 400MW battery energy storage system

Emirates Water and Electricity Company (Ewec) has issued request for proposals (RFPs) to qualified developers and developer consortiums that expressed interest in an independent greenfield 400-megawatt (MW) Battery Energy Storage System (BESS) power project in Abu Dhabi.

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