Local News

  ABU DHABI / WAM AD Ports group’s Safeen Feeders has announced the signing of a major agreement with Invictus Investment to launch a new international dry bulk shipping service. Under the terms of the agreement, the two companies will purchase ships through Special Purpose Vehicles, owned 85% by Safeen Feeders and 15% by Invictus Investment. In addition, Safeen Feeders ...

  ABU DHABI / WAM The United Arab Emirates and the Sultanate of Oman relations are deep-rooted based on historical ties, social rapprochement, and the aspirations of the two countries’ leadership to foster their cooperation further to ensure continuous development of their inter-relationships for the benefit of the two brotherly peoples. The two countries have close relations at various levels ...

  ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, received on Monday, Lieutenant-General Mohammed Zaki, Commander-in-Chief of the Egyptian Armed Forces and Egypt’s Minister of Defense and Military Production, during his official visit to the UAE. The visit is part of the ongoing cooperation between the two countries with the aim of discussing ...

DUBAI / WAM DP World announced that its terminal at London Gateway has handled its 10 millionth container, just nine years after the smart logistics hub on the doorstep of the capital opened for business. The milestone illustrates the remarkable track record of growth at London Gateway, which last year transported 1.8m TEU, an increase of almost 650 percent compared ...

  Sharjah / WAM Arada has announced the launch of Arada Central Business District (CBD), a new commercial centre for Sharjah, which will be located at the heart of Aljada community. Spread over 4.3 million square feet of prime leasable space located in 40 smart office blocks, Arada CBD has the capacity to accommodate 20,000 workers, fulfilling the substantial demand ...

Abu Dhabi / WAM The Ministry of Energy and Infrastructure (MoEI), announced that it had signed an agreement with GHD Group, in partnership with the Germany-based Fraunhofer–Gesellschaft, to develop its National Hydrogen Strategy. As part of the UAE’s Hydrogen Roadmap and the ongoing commitment to decarbonisation and energy transition, the National Hydrogen Strategy will help establish the UAE’s hydrogen vision ...

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan will begin a two-day state visit to the Sultanate of Oman on Tuesday. During his second state visit as President, His Highness Sheikh Mohamed will meet with the Sultan of Oman, His Majesty Sultan Haitham bin Tariq, to build upon the longstanding, brotherly ties and cooperation ...

  SHARJAH / WAM Magnum Technology Centre (MTC), a world leader in the design and manufacture of entire equipment packages for well testing and production, Managed Pressure Drilling and Under Balance Drilling services, opened a new 345,000 square feet production facility in the Hamriyah Free Zone. The new factory is set to increase MTC’s production capacity by 10% from its ...

  DUBAI / WAM Dubai Metaverse Assembly will be organized by Dubai Future Foundation (DFF), under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council and Chairman of the Board of Trustees of the DFF, on September 28-29 at the Museum of the Future and Area 2071. The ...

  SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), represented by “Tijarah 101”, has hosted a webinar in cooperation with Al Etihad Credit Bureau to discuss the importance of AECP credit report and score for SME businesses. The webinar discussed various topics including the comprehensive credit protection solutions provided by Al Etihad Credit Bureau to help companies ...