Local News

Sustainable City wins 4 gold awards for its projects

  Dubai / WAM The Sustainable City, the Middle East’s first fully-operational sustainable community, and its sister development Sharjah Sustainable City, have won four gold awards at the Gulf Real Estate Awards 2022. The Sustainable City, operating in Dubai since 2016, placed first in both the ‘Customer Happiness’ and ‘Customer Experience Initiative’ categories. The win comes as recognition for the ...

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Tawazun, Khalifa varsity launch unmanned systems competition

  ABU DHABI / WAM Tawazun Industrial Park (TIP), a subsidiary of Tawazun Economic Council (Tawazun), has announced the launch of a competition for unmanned systems, in collaboration with Khalifa University of Science and Technology. The announcement came on the sidelines of the UMEX Unmanned Systems Exhibition 2022 and the collaboration aims to attract young national talent and hobbyists to ...

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Sheikh Abdullah, Russian counterpart discuss strategic ties

  Abu Dhabi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has discussed with Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, the friendship relations and strategic partnership between the two countries. In a phone call, the two sides also reviewed a number of regional and international developments and issues ...

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UAE condemns Houthis’ attack on Saudi Arabia’s Jizan airport

  ABU DHABI / WAM The United Arab Emirates has strongly denounced the terrorist Houthi militia’s attack on King Abdullah bin Abdulaziz Airport in Jizan with a bomb-laden drone, which was intercepted by the Coalition Forces. In a statement issued on Tuesday by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE affirmed that the thwarted attack on ...

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Mubadala leads $500m equity round into Princeton Digital

  Abu Dhabi / WAM Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for $350 million. Both existing shareholders in PDG, Warburg Pincus and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), also invested in this round, with the total exceeding half a billion dollars. Established in 2017, PDG is ...

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UAE leaders wish Saudi King on kingdom’s Founding Day

DUBAi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have sent congratulatory messages to the Custodian of ...

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Umex, SimTex see deals worth AED1.62 billion

  Dubai / WAM The Ministry of Defence announced the signing of three new deals with an overall value of over AED966.25 on the second day of the 5th edition of Umex & SimTex 2022. Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed ...

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UAE, Czech Republic sign deal to boost trade, economic cooperation

  DUBAI / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a memorandum of understanding (MoU) with the Czech Republic’s Export Guarantee and Insurance Corporation (EGAP) to enhance the trade, investment, and economic cooperation between the two countries. Under the agreement, the state export credit agencies will cooperate in joint projects to expand their exports globally, ...

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ADFD, Mauritius explore ways to strengthen ties

  ABU DHABI / WAM Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), has received at the fund’s headquarters in Abu Dhabi Shaukat Ali Soudhan, Ambassador of Mauritius to the UAE. Khalifa Abdullah Al Qubaisi, Deputy Director-General of ADFD; and other senior officials from both sides were present at the meeting. The parties discussed bilateral ...

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Etihad Airways launches new summer routes

  ABU DHABI / WAM Etihad Airways will launch a seasonal twice-per-week service to Crete, the largest island in Greece, starting June 15. The flights are set to be operated on an Airbus A320 aircraft and will connect Abu Dhabi to the main city of Heraklion. Lying in the Aegean Sea, Crete offers travellers a rich tapestry of spectacular landscapes, ...

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