Abu Dhabi /Â WAM The Emirates Space Innovation Group (ESIG) held its third meeting with its member organizations since being formed by the UAE Space Agency in May 2016. The cross-sector group met at American University of Sharjah to discuss updates across a number of innovative space projects and activities, as well as outlining plans and funding for future initiatives ...
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DEWA institutionalises sustainable reading
Dubai /Â WAM The UAE in general, and Dubai in particular, is a global knowledge-based economy thanks to the vision of the wise leadership to spread a culture of reading in society, while establishing the UAE as a capital of content, culture and knowledge, promote Arabic as a language, and encourage reading. This is achieved by making books available to ...
Read More »Emirati woman wins ‘Ideal Mother Award for Intellectual Disabilities’
Kuwait /Â WAM Dr Manal Rafiq Ja’rour, Vice President of the Emirates Down Syndrome Association, has won the “”Ideal Mother Award for Intellectual Disabilities” in Kuwait. Aisha Al-Salem, Director of Al Kharafi Activity Kids Center in Kuwait, announced at a press conference the names of 19 mothers who won the “Ideal Mother Award for Intellectual Disabilities” from the State of ...
Read More »NYUAD turns blue for Autism Awareness Month
Abu Dhabi / WAM New York University Abu Dhabi (NYUAD) has become a part of the global #LightItUpBlue Initiative for the third consecutive year as part of the University’s month-long campaign to raise awareness about autism. The dome of the University’s campus will be lit blue throughout the month of April in a show of support for Autism Awareness Month. ...
Read More »Endangered sea turtles return home for nesting
Abu Dhabi / WAM The Environmental Services team at the Tourism Development and Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, concluded preparations on Saadiyat Island for the Hawksbill sea turtle nesting season. The critically endangered turtles are due to begin returning soon, and will be under the careful observation of TDIC’s experienced ...
Read More »Bigger MSCI weighting for merged UAE banks
ABU DHABI / WAM The merger of the National Bank of Abu Dhabi (NBAD) and the First Gulf bank (FGB) will leave the newly integrated entity with a larger representation on the MSCI Emerging Markets index, triggering massive cash inflows to the stock, according to Rashid Al Baloushi, CEO of Abu Dhabi Securities Exchange (ADX). Speaking to Emirates News ...
Read More »Global renewables sector marks record year in 2016
ABU DHABI / Emirates Business Global renewable energy generation capacity increased by 161 gigawatts (GW) in 2016, making the strongest year ever for new capacity additions, according to data released today by the International Renewable Energy Agency (IRENA). Renewable Energy Capacity Statistics 2017, estimates that by the end of last year the world’s renewable generation capacity reached 2,006 GW, ...
Read More »Air transport contributes $2.7trn to global GDP
ABU DHABI / WAM The Global Manufacturing and Industrialisation Summit (GMIS 2017), aerospace leaders have highlighted the importance of the aerospace industry as a major contributor to global Gross Domestic Product, adding that the international air transport alone contributes US$2.7 trillion. They also discussed the future of the aerospace industry that supports 10 million people globally through direct employment, ...
Read More »Strata, Spain’s Acitturi deal to boost aerospace sector
ABU DHABI / WAM Strata, the advanced composite aerostructures manufacturing company, wholly owned by Mubadala Development Company, and Aciturri Aeronautica, a tier 1 supplier for aeronautic industry OEM’s, signed an MoU to collaborate on contributing to the advancement of the global aerospace sector by strengthening vital supply chain capabilities and bilateral ties between Spain and the United Arab Emirates. ...
Read More »Mubadala posts AED3.3bn profit
Abu Dhabi / WAM The profit of Mubadala Development Company (Mubadala) the Abu Dhabi-based investment and development company, increased AED 3.3 billion for the year 2016 from AED 1.2 billion in 2015 and the revenues to AED 31.5 billion from AED29.7 billion. This is primarily due to higher revenues from companies within Mubadala’s semiconductor, aerospace and healthcare portfolios, according to ...
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