News

Enec bolsters UAE-France cooperation in nuclear energy sector

  ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has signed a Memorandum of Understanding with CSFN (French Nuclear Cluster) at the fifth edition of E-Fusion, which was held on Tuesday. The event brought together the UAE and French nuclear sectors to further develop and strengthen their collaboration to support the development of the global nuclear supply chain. ...

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UAE a global business centre that attracts American companies

  ABU DHABI / WAM Danny E. Sebright, President of the US-UAE Business Council, pointed out that enhancing the cooperation between the UAE and the United States will expand and develop the volume of trade exchange and mutual investments In an exclusive interview with the Emirates News Agency (WAM), Sebright said, “In 2021, there was over US$25 billion in bilateral ...

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MBRSC supports Metaverse simulation of 2117 Mars mission

  DUBAI / WAM Mohammed bin Rashid Space Centre (MBRSC) on Monday announced its support in the development of the Metaverse that will simulate the UAE’s manned 2117 Mars mission. This first-of-its-kind project will be led by BEDU, Dubai’s foremost pioneer in Web3 technologies and solutions. Formalised through a Memorandum of Understanding, the 2117 Metaverse project will involve close collaboration ...

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Sports sector adds AED9b to Dubai’s economy annually

  DUBAI / WAM HH Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Sports Council (DSC), on Monday said the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, supported by a robust regulatory framework and an active lifestyle, enabled the emirate to consolidate its position as the ...

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Kezad to provide integrated ecosystems for key industries

  ABU DHABI / WAM AD Ports Group, the leading facilitator of trade, logistics, and industry, has unveiled “Kezad Group” as part of the plan to consolidate and grow its Economic Cities and Free Zones offering. The move follows the integration of Khalifa Industrial Zone Abu Dhabi (Kizad) and Specialised Economic Zones (ZonesCorp) into the newly formed Kezad Group (Khalifa ...

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UAE, Malaysia keen to boost military, defence relations

  ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, received on Monday Hishammuddin Hussein, Malaysian Minister of Defence, and his accompanying delegation, who are on an official visit to the UAE. The meeting was attended by Lt. General Hamad Mohammed Thani al-Rumaithi, Chief of Staff of the UAE Armed Forces, and a number ...

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Dubai records AED1.6b realty deals in one day

  DUBAI / WAM Dubai real estate market recorded 392 sales transactions worth AED900.8 million, in addition to 84 mortgage deals of AED741.14 million, and 15 gift deals amounting to AED37.6 million on Monday, data released by Dubai’s Land Department (DLD) showed. The sales included 341 villas and apartments worth AED700.84 million, and 51 land plots worth AED199.97 million, while ...

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Abu Dhabi’s IHC buys 15% stake in Burjeel Holdings

  ABU DHABI / WAM International Holding Company (IHC), the diversified Abu Dhabi-based conglomerate, on Monday announced a direct acquisition of a 15% stake in Burjeel Holdings, the leading regional private healthcare group, in one of the biggest deals in the Gulf’s healthcare sector in recent years. The acquisition aims to scale and diversify IHC’s investment in the healthcare sector ...

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Kezad to provide integrated ecosystems for key industries

  ABU DHABI / WAM AD Ports Group, the leading facilitator of trade, logistics, and industry, has unveiled “KEZAD Group” as part of the plan to consolidate and grow its Economic Cities and Free Zones offering. The move follows the integration of Khalifa Industrial Zone Abu Dhabi (Kizad) and Specialised Economic Zones (ZonesCorp) into the newly formed KEZAD Group (Khalifa ...

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Dubai reduces carbon emissions by 21% in 2021

  DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, chaired the 72nd meeting held virtually, with Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, also participating. The meeting was attended by Ahmed Buti Al Muhairbi, Secretary-General of the Dubai Supreme Council of Energy, and board ...

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