ABU DHABI/ WAM The UMEX and SimTEX 2024, taking place at the Abu Dhabi National Exhibition Centre (ADNEC), featured pioneering technological innovations in unmanned systems, simulation, training, artificial intelligence and robotics, with several launches of new products from Emirati companies. Leading national companies and entities, as well as students from across the United Arab Emirates (UAE) universities specialising in artificial ...

DUBAI / WAM Saeed Mohammed Al Tayer, MD CEO of Dubai Electricity and Water Authority (Dewa), has announced that Dewa has approved 120,409 No Objection Certificates (NOC) applications in 2023 as part of the Soqoor programme, achieving a 30.62 percent increase compared to 2022. This reflects the increasing demand for electricity and water services, according to the highest international standards ...

ABU DHABI / WAM Adnoc Drilling has celebrated a major milestone in its decarbonisation journey with the first of its brand-new hybrid-powered land rigs commencing operations in Abu Dhabi. The new rigs use a high-capacity battery and engine automation. The hybrid power technology system stores energy in its batteries to use when there is a need for continuous power or ...

SHARJAH / WAM Sharjah Charity International (SCI) covered the tuition fees of 1,894 students for a total of AED13.2 million in 2023 through its philanthropic initiative “Student Support”. SCI also dedicated AED6.9 million to educational initiatives outside the country, helping students overseas. The Student Support initiative provides tuition and academic expenses to financially disadvantaged students, allowing them to continue their ...

ABU DHABI / WAM In his capacity as the Ruler of Abu Dhabi, UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a law establishing the Abu Dhabi Heritage Authority. The Abu Dhabi Heritage Authority will replace the Emirates Heritage Club and the Cultural Programmes and Heritage Festivals Committee – Abu Dhabi. The Abu Dhabi Heritage Authority’s ...

BLOOMBERG Stocks gained as investors rewarded companies for positive earnings updates and as China’s latest move to stimulate its economy boosted resources shares. Europe’s Stoxx 600 index climbed 0.8% as mining stocks jumped the most in almost six weeks after the People’s Bank of China said it would cut the reserve requirement ratio for banks on February 5. The move ...

BLOOMBERG Indian stocks notched their biggest outflow of foreign investor funds in 19 months, as some profits were booked after a record-breaking rally. Global funds sold $2.4 billion of Indian shares on a net basis last week, the most since June 2022. They sold another $374 million, according to provisional data, as trading resumed after the surprise trading holiday announcement. ...

DUBAI / WAM The Emirates Research Development Council (ERDC) has launched the National Research and Development Leadership Programme, marking a significant milestone in the UAE’s pursuit of an innovation- and knowledge-based economy. Overseen by the Ministry of Industry and Advanced Technology’s General Secretariat team, the programme has been launched in collaboration with the Advanced Technology Research Council (ATRC) and Mohammed ...

DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Tuesday met with a number of Directors General and senior officials of the Government of Dubai at His Highness’s Majlis in Za’abeel. The meeting formed part of His Highness’s routine engagements with officials from various sectors to ...

ABU DHABI / WAM Edge, one of the world’s leading advanced technology groups in the unmanned and autonomous systems sector, unveiled three new innovative remotely piloted vehicles on the first day of the Unmanned Systems Exhibition and Conference (UMEX) and Simulation and Training Exhibition (SimTEX) 2024. Returning as the Strategic Partner for the sixth edition of UMEX, Edge is rapidly ...