Local News

Emirates SkyCargo hosts Spain delegation

DUBAI / WAM Emirates SkyCargo official has outlined how the air cargo carrier supports Spanish agri-businesses and perishables exporters by helping transport premium exports rapidly from Spanish gateways to global markets through Dubai. This came during a meeting held between Nabil Sultan, Emirates Divisional Senior Vice President, and Luis Planas Puchades, the Spanish Minister for Agriculture, Fisheries and Food; Iñigo ...

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Moro Hub adds geospatial solutions to its vast portfolio

  DUBAI / WAM Moro Hub, a subsidiary of Digital Dubai Electricity and Water Authority (Dewa) and its digital arm, has launched Geospatial (GIS) Services aiming to assist government and enterprises in the region to scale their operations and achieve their digital transformation goals. Moro Hub will offer three types of GIS services: GIS Professional Services to build GIS systems, ...

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Abu Dhabi Global Market to host ‘Resolve 2022’ on March 16

  ABU DHABI / WAM The Abu Dhabi Global Market (ADGM) announced that it will host RESOLVE 2022, Abu Dhabi’s first international dispute resolution forum, on March 16. The one-day event, hosted by ADGM Courts and the ADGM Arbitration Centre, is designed to provoke, challenge and encourage the local and international dispute resolution community to drive change for a sustainable ...

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Ajman Tourism organises ‘Innovation Lab’ at Expo 2020 Dubai

  AJMAN / WAM The Ajman Department of Tourism Development has organised an “Innovation Lab” at the Expo 2020 Dubai as part of the “UAE Innovates 2022” initiatives. Entitled “Re-engineering the Ajman Visitors’ Experience”, the lab was held in the presence of Saleh Mohamed Al Geziry, Director-General of the Ajman Tourism. It was moderated and conducted by the Ajman Tourism ...

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Sheikh Mohamed, Russian president discuss Ukraine crisis, energy market

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, discussed by phone with the Russian President, Vladimir Putin, a number of regional and international issues, in the context of wider discussions which included earlier calls with the British PM, Boris Johnson, and French ...

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ApexBrasil: Brazil, UAE keen to strengthen agri business

  Dubai / WAM In line with international initiatives that promote innovative and sustainable agricultural practices to achieve sustainability and food security, the Brazilian Trade and Investment Promotion Agency (ApexBrasil) hosted the ‘Brazil-UAE Agri Talks,’ in association with the Arab Brazilian Chamber of Commerce (ABCC). The high-level event brought attention to the potential of the Brazilian agribusiness sector and UAE’s ...

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UAE launches ground-breaking AI and coding license

  DUBAI / WAM Dubai International Financial Centre (DIFC) has launched a ground-breaking Artificial Intelligence (AI) and coding license in cooperation with the UAE Artificial Intelligence Office. The license, which is a UAE first, will advance the country’s Artificial Intelligence Strategy 2031, which aims to enhance the UAE’s reputation in this field by attracting AI companies and coders from around ...

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Emirates Steel, SNIM agree on vital feedstock supply

  ABU DHABI / WAM Emirates Steel, the leading integrated steel plant in the Middle East, has sealed a Memorandum of Understanding (MoU) with Mauritania’s Société Nationale Industrielle Et Minière (SNIM) to look into the feasibility of creating a joint venture company to produce iron oxide pellets. Under the 18-month agreement, signed by Saeed Ghumran Al Remeithi, Group CEO of ...

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UAE cabinet OKs AED12b budget for Sheikh Zayed Housing Programme

DUBAI / WAM Chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, the UAE Cabinet meeting adopted a number of initiatives and legislations aimed at further developing government work. The meeting was held at Expo 2020 Dubai, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid ...

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EGA’s 2021 net profit soars record 1,140% to AED 5.5b

  DUBAI / WAM Emirates Global Aluminium (EGA) on Monday reported a net profit of AED5.5 billion ($1.5 billion), an increase of 1,140 percent compared to AED445 million ($121 million) in 2020. EGA reported record adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (adjusted EBITDA) more than doubled to AED9.0 billion ($2.5 billion) for 2021, from AED4.1 billion ($1.1 billion) ...

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