ABU DHABI/ WAM Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Witthal Gulf Industries have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art plant in Taweelah, KEZAD. Witthal Gulf Industries will invest AED 40 million for the project that will establish the UAE’s first lithium battery recycling plant in KEZAD. As both KEZAD ...

DUBAI/WAM Etihad Credit Insurance (ECI), the UAE’s federal export credit company, announced the impact of its ‘Xport Xponential’ programme, which has helped raise AED 174 million in funding to support the growth of SMEs, during the closing ceremony of the programme. The working capital was raised with the support of four of ECI’s banking partners: First Abu Dhabi Bank, Commercial ...

ABU DHABI/WAM EDGE, one of the world’s leading advanced technology and defence groups, and CS Group – part of Sopra Steria, the European tech leader – specialising in the design, development, and implementation of tactical communication solutions and information systems, have signed a Memorandum of Understanding (MoU) to collaborate on an advanced tactical communications project. Signed at the International Paris ...

ABU DHABI/WAM Etihad Airways and Air Europa have celebrated a historic milestone as Air Europa operates its inaugural wet-lease flight from Abu Dhabi to Madrid, marking the Spanish carrier’s first-ever aircraft operation from the Middle East. The landmark Boeing 787-9 service represents a significant evolution of the partnership between the two airlines, building on their expanded codeshare agreement and frequent ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Excellency Dr Masoud Pezeshkian, President of the Islamic Republic of Iran, during which His Highness welcomed the announcement of a ceasefire agreement between Iran and Israel. He expressed his hope that the agreement would serve as a foundation for enhancing stability, ...

ABU DHABI/WAM Presight today announced the 10 startups who have won their place as part of the Presight AI-Startup Accelerator, a strategic launchpad designed to propel AI startups to scale with speed, impact, and commercial intent. The announcement follows an evaluation and selection process that attracted 120 applications from AI startups across 17 countries, spanning diverse sectors such as Smart ...

ABU DHABI/WAM The Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) have signed a strategic partnership agreement to establish a collaborative operating model that supports the planning, structuring, and procurement of public-private partnerships (PPPs) for infrastructure projects across the Emirate. Witnessed by Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic ...

ABU DHABI/WAM The Abu Dhabi Marine Sports Academy, under the supervision of the Abu Dhabi Sports Council, has announced the launch of the “Nokhatha Abu Dhabi” programme on June 30. The programme will run for two months and is expected to attract over 200 participants, including sailors and sailing enthusiasts. The initiative aims to promote the culture of traditional sailing ...

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Grand Duke Henri of Luxembourg on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime ...

ABU DHABI/WAM The Federal National Council (FNC) convened a special “UAE–European” session today, chaired by its Speaker, Saqr Ghobash, as part of the second term of the 18th legislative chapter. The session was held at the Zayed Hall at the Council’s headquarters in Abu Dhabi, and witnessed the presence of Roberta Metsola, President of the European Parliament, alongside several ministers, ...