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Edge group unveils remote control weapon station at Umex 2022

  ABU DHABI / WAM Edge Group, an advanced technology group for defence and beyond and one of the top 25 defence contractors globally, has unveiled the 7IS Remote Control Weapon Station (RCWS) at the Unmanned Systems Exhibition and Conference (Umex) 2022, taking place at the Abu Dhabi National Exhibition Centre (Adnec) from February 21-23. The 7IS is a two-axis, ...

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Ewec to host third clean energy certificates auction

  ABU DHABI / WAM Emirates Water and Electricity Company (Ewec), a leading company in the integrated coordination of planning, purchasing and supplying of water and electricity across the UAE, announced it will host the third auction for Clean Energy Certificates (CECs) in Abu Dhabi, on March 14, following two successful auctions last year. CECs enable Abu Dhabi entities to ...

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Deal signed to promote watersports in Dubai

  Dubai / WAM Dubai International Marine Club, the government body responsible for marine sports in Dubai, and P&O Marinas, DP World’s portfolio of world-class luxury marinas and picturesque harbours, have signed a cooperation agreement to enhance the strategic partnership and coordinate efforts to develop watersports activities and events. The agreement was signed at the P&O Marinas headquarters in Mina ...

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Expo 2020 Dubai’s total visitation approaches 15m mark

DUBAI / WAM Buoyed by global crowd-pleasers such as Coldplay at Al Wasl Plaza last week, Expo 2020 Dubai is on target to hit the 15 million total visit mark later this week. And with many more headline-grabbing names still to be announced over the coming weeks, those numbers are set to accelerate further, organisers said. As of February 21, ...

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ADX market liquidity jumps 5-fold in ’21 amid IPO boom

  Abu Dhabi / WAM ADX’s market liquidity jumps five-fold in 2021 amid IPO boom. Traded values (buy + sell) on the exchange increased 407 percent from AED145 billion in 2020 to AED739 billion in 2021, driven by higher levels of domestic and international investment. Local investors accounted for 70 percent of the exchange’s traded value, while foreign institutional investors ...

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UAE among top donors to WFP, says UN official

ABU DHABI / WAM Mageed Yahia, United Nations World Food Programme (WFP) Director, UAE office, and Representative for the GCC Region, said the UAE is among the WFP’s leading international donors, noting the country’s key role in providing financial and logistical support, to reach out to needy people around the world. In an exclusive interview with the Emirates News Agency ...

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Abu Dhabi, Israel discuss boosting economic ties

  Abu Dhabi / WAM Yousuf Ali Musaliam, Second Vice Chairman of Abu Dhabi Chamber, has received Dr Ron Malka, Director-General of the Ministry of Economy and Industry of Israel, accompanied by Amir Hayek, Ambassador of Israel to the UAE, and the diplomatic delegation at the chambers tower in Abu Dhabi to discuss boosting economic relations between businesses in Abu ...

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Ajman Free Zone reaffirms strong position as investment destination

  Ajman / WAM Ajman Free Zone reaffirms strong position as investment, business destination with 1,792 new companies in 2021 The Ajman Free Zone (AFZ) announced the results of its operational performance for 2021 and marked an increase in the number of registered companies by 1,792. The four percent growth attained by the AFZ compared to 2020 indicates the growing ...

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Edge unveils AI-assisted unmanned ground vehicle

  Abu Dhabi / WAM Edge, an advanced technology group for defence and beyond, unveiled Scorpio-B – the newest member of its series of unmanned ground vehicles (UGV) – on the first day of Umex 2022 currently underway at the Abu Dhabi National Exhibition Centre (Adnec) until February 23. Designed to support military troops and security forces in the most ...

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Air Arabia gets ‘Airline of the Year’ award

  Sharjah / WAM Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, has been named ‘Airline of the Year’ at the 2022 Air Transport Awards that took place in Athens, Greece with the participation of industry leaders. The winners of the Air Transport Awards were voted for by the readers of Air Transport ...

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