News

Edge-Lockheed pact to boost UAE Apache pilots capabilities

DUBAI / WAM Edge, the region’s leading advanced technology group for defense and beyond, on Monday announced the signing of a Memorandum of Understanding (MoU) between EARTH, an entity within Edge Group, and Lockheed Martin, that has the potential to modernise aviation capabilities for UAE Apache pilots. Omar Al Zaabi, Senior Vice President, Head of Programme Acquisition at Edge, and ...

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G42 partners with GMIS to explore AI

DUBAI / WAM The Global Manufacturing and Industrialisation Summit (GMIS) and G42 have announced a partnership to explore the latest trends and opportunities in artificial intelligence (AI), advanced analytics and cloud computing to accelerate the digitisation of manufacturing processes and drive supply chain improvements. Through this partnership, GMIS and G42 will promote the adoption of disruptive technologies to solve some ...

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Bank Alfalah, LuLu Exchange to ease remittances to Pakistan

Dubai / Emirates Business In a major boost to the Pakistan payments corridor, LuLu Exchange – a leading financial services provider in the UAE has entered into a strategic partnership with Bank Alfalah, a leading bank in Pakistan, to accelerate and scale cross border remittance payments from the UAE to Pakistan through the RippleNet platform. The payment integration by Bank ...

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Abu Dhabi Art Fair opens on November 17

Abu Dhabi / WAM Held under the patronage of HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, the 13th edition of Abu Dhabi Art Fair will open to the public on Wednesday at Manarat Al Saadiyat, Abu Dhabi. Organised by DCT – Abu Dhabi, the ...

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Etihad expands strategic sustainability program

Abu Dhabi / Emirates Business Etihad Airways signed multiple partnership and collaboration agreements with the aviation industry’s top manufactures, suppliers and stakeholders at the 2021 Dubai Airshow, bringing aviation’s leading organisations together under its strategic sustainability programme to drive decarbonisation creating the industry’s most comprehensive multi-organisational partnership to reduce Co2 emissions globally. The airline’s sustainability programme, which to date has ...

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Deal signed to boost growth of UAE’s industrial sectors

Dubai / WAM Emirates Development Bank (EDB) has announced the signing of a strategic agreement with Dubai Industries & Exports (Dubai IE) to provide innovative financing and banking solutions to SMEs and corporates aimed at supporting the growth of UAE’s industrial sectors and exports. Signed by Ahmed Mohamed Al Naqbi, CEO of EDB, and Saed Al Awadi, CEO of Dubai ...

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Adnoc, Borealis sign AED22b deal to expand Borouge facility

ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office and Chairman of the Executive Committee of the Board of Directors of the Abu Dhabi National Oil Company (Adnoc), on Monday witnessed the signing of a strategic partnership that confirms a $6.2 billion ...

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Expo 2020 sees 3.5mn visits till mid-November

Dubai / WAM Expo 2020 Dubai announced its latest visitor numbers, with an incredible 3,578,653 individual visits achieved by November’s half-way point, only six weeks into Expo’s six-month run. Virtual visitation also rose to 15.7 million since October 1. The announcement comes after a packed weekend at the site, with stellar music, sport and cultural performances taking place. And more ...

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Emirates, IAI sign deal to convert passenger aircraft to cargo planes

Dubai / WAM Israel Aerospace Industries (IAI) has signed an agreement to convert four B777-300ER passenger aircraft to cargo configuration for Emirates. The aircraft will be converted at the new site established in Etihad Engineering’s MRO centre in Abu Dhabi, and the first conversion of the Emirates plane is expected to begin in early 2023. The agreement has potential to ...

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UAE calls for global efforts to support aspirations of Libyans

ABU DHABI / WAM Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, representing President His Highness Sheikh Khalifa bin Zayed Al Nahyan, participated in the “Paris International Conference for Libya,” which was held in the French capital, Paris. During his speech, the minister conveyed the greetings and appreciation of the UAE leadership to France, Germany, Italy, Libya ...

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