Local News

  Dubai / Gulf Time After much planning and preparation, Mahy Khoory launched its brand new Grundfos-certified sub-factory in Dubai, paving the way for greater product flexibility and reduced lead times for customers in the United Arab Emirates. The facility will produce the Grundfos SP submersible pump. Mahy Khoory is a long-established Grundfos distributor in the United Arab Emirates (UAE), ...

  Abu Dhabi / WAM Etihad Cargo, the cargo and logistics arm of Etihad Airways, will offer increased capacity to the European market via two new gateways with the introduction of two new routes from its Abu Dhabi hub to Copenhagen in Denmark and Düsseldorf in Germany. The carrier will also introduce additional services to Frankfurt. The carrier currently operates ...

  Dubai / Gulf Time Bridge Medical Group Purchasing (BMGP), an innovative and novel Group Purchasing Organisation (GPO) specialised in the healthcare sector, has signed a memorandum of understanding (MoU) with New Al Farwaniya, a leading medical supplier and distributor in the UAE. In line with the agreement, New Al Farwaniya will serve as one of BMGP’s major specialty medical ...

  Sharjah / WAM The Sharjah Investment Forum 2023 (SIF) hosted a panel session titled “Redefining Economies, Making Significant Strides For a Better Future” to engage in a thought-provoking discussion on the steps necessary to create a more equitable and sustainable future. The discussion explored the importance of investment in advanced technology and innovation, role of research and development, financing ...

  Abu Dhabi / WAM Ambassador of Türkiye to the UAE Tugay Tuncer, accompanied by Major General Saleh Mohammed Saleh Al Ameri, Commander of Joint Operations at the UAE Ministry of Defence, has visited Al Reef Base in the capital, Abu Dhabi. Ambassador Tuncer was briefed on the progress of the UAE’s humanitarian shipments provided to the Turkish people. He ...

  Abu Dhabi / WAM Abu Dhabi Global Market Academy (ADGMA), the knowledge arm of the international financial centre in Abu Dhabi; and Edge group PJSC have signed a memorandum of understanding (MoU) to bolster talent development and professional growth. As part of the agreement, ADGMA and Edge will collaborate in areas relating to learning and innovation. They will jointly ...

  Abu Dhabi / WAM Six Singapore companies have been matched with Abu Dhabi entities to develop and pilot innovative solutions following the Abu Dhabi – Singapore Smart Cities Open Innovation Challenge, jointly organised by the Abu Dhabi Investment Office (Adio), Enterprise Singapore (EnterpriseSG) and IPI Singapore. The announcement was made during the 14th Abu Dhabi-Singapore Joint Forum (ADSJF) in ...

  Sharjah / WAM Dana Gas on Wednesday announced its preliminary financial results for the year 2022. The company reported an increase in revenues by 17 percent to AED1.94 billion ($529 million) in 2022 compared to AED1.66 billion ($452 million) in 2021. The increase in revenues is due to higher realised prices and production output in the Kurdistan Region of ...

  Sharjah / WAM Sharjah has recorded 2,999 real estate transactions worth AED2 billion during January 2023, according to the monthly report published by Sharjah Real Estate Registration Department (SRERD). The Real estate sector in Sharjah continues to grow and prosper under the continuous support of His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler ...

  Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT) issued its annual achievements report on Wednesday, outlining its key outcomes and milestones in 2022. The report has highlighted the ministry’s successful efforts in developing the industrial sector, increasing its contribution to national GDP, creating an attractive business environment for local and foreign industrial investments, and stimulating innovation ...