Local News

US-UAE Business Council identifies ‘tremendous potential’ for growth

  ABU DHABI / WAM With $16.7 billion worth of exports last year, the US-UAE Business Council is poised to further enhance ties between the United States and the UAE in healthcare, energy sustainability, space, advanced manufacturing, and the digital economy. “There is tremendous potential for the further growth of the bilateral relationship,” Danny Sebright, the Council president, told the ...

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IHC’s Al Seer Marine buys two tankers for AED246m

  Abu Dhabi / WAM Al Seer Marine has announced that it acquired two vessels, valued at a combined AED246 million, to meet the rapidly growing demand for transportation of liquified petroleum gas (LPG). Al Seer Marine, which is pursuing an expansion strategy to become a major world leader in commercial shipping, has targeted the acquisition of up to 15 ...

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ADC shares start trading on ADX

  Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investment, an Abu Dhabi-based private investment firm managing a diversified portfolio of listed and unlisted equities on both local and global markets, announced on Friday that shares and warrants of the co-established SPAC, ADC Acquisition Corporation (ADC), commences trading on the Abu Dhabi Securities Exchange ...

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ADC Acquisition Corporation shares to start trading on ADX

  Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investment, an Abu Dhabi-based private investment firm managing a diversified portfolio of listed and unlisted equities on both local and international markets, announced on Friday that shares and warrants of the co-established SPAC, ADC Acquisition Corporation (ADC), commences trading on the Abu Dhabi Securities Exchange ...

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Seamless Middle East 2022 opens on May 31

  Abu Dhabi / WAM The Conference and Exhibition on Digital Economy Technologies (Seamless Middle East 2022) will be held in Dubai from May 31 to June 1 at the World Trade Centre. The event, held under the patronage of His Highness Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, is jointly ...

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ADIBF hosts meeting of Arab book fair directors

  Abu Dhabi / WAM The 31st Abu Dhabi International Book Fair (ADIBF 2022) hosted the latest meeting of book fair directors from across the Arab world. The fair is organised by the Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). The meeting aimed to cover issues regarding ...

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Deals worth AED25mn signed at GPP 2022

  ABU DHABI / WAM With deals worth over AED25 million signed during the event, Gulf Print and Pack (GPP) 2022 concluded on a high note at the Dubai World Trade Centre this week. GPP organisers said the decision to move from a four-day show in past editions to a three-day event in 2022 was vindicated with daily attendance increasing ...

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Dubai boosts its status as preferred hub for global tech firms

  Dubai / WAM More than 20 years since its establishment in 2000, Dubai Internet City (DIC) continues to be among the world’s preferred hubs for new economy companies, with several high-growth, high value-added, technology-enabled global firms recently choosing DIC to establish their regional operations. The latest to join the ever-growing ranks of new economy companies making DIC their home ...

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EGA collaborates with AUS to research food waste re-use

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) on Thursday announced a collaboration with the American University of Sharjah’ (AUS) College of Engineering to research the economic and environmental benefits of re-using food waste to enrich manufactured soils made from bauxite residue, and further applications in waste-to-energy. The AED1.6 million three-year research project is the second phase of EGA’s ...

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UAE condemns terrorist bombing of mosque in Kabul

  Abu Dhabi / WAM The UAE strongly condemned the terrorist bombing that targeted a mosque in the Afghan capital, Kabul, which resulted in a number of deaths and injuries. The Ministry of Foreign Affairs and International Cooperation (MoFAIC) affirmed that the UAE expresses its strong condemnation of these criminal acts and its permanent rejection of all forms of violence ...

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