News

ABU DHABI / WAM Edge Group entity, GAL, a leading regional provider of integrated aircraft sustainment solutions for military and civilian customers, has been awarded an exclusive Performance-Based Logistics (PBL) contract to supply the UAE Air Force and Air Defence (AFAD) with maintenance, repair and overhaul (MRO), and specialised support services. For the first time in the company’s history, the ...

ABU DHABI / WAM Tawazun Economic Council (Tawazun) on Sunday signed a Letter of Intent (LoI) to purchase 100 VRT500 helicopters from Aeroter at a total value of around AED913 million for use across some government entities. The delivery of the 100 helicopters is expected by the end of 2023. Ahmed Ali Al Harmoodi, Chief Acquisition Management officer of Tawazun, ...

DUBAI / WAM Emaar Development PJSC, the leading build-to-sell property development business, majority-owned by Emaar Properties, achieved strong performance during the first nine months (January to September) of 2021, with a strong contribution by exceptional inventory sales, and reinforced by recent successful launches creating value for the future. The developer reported its highest ever property sales of AED20.943 billion in ...

Dubai / WAM The UAE Ministry of Culture and Youth has signed a Memorandum of Understanding (MoU) with the UK’s Department for Digital, Culture, Media & Sport (DCMS) to reinforce cooperation in cultural fields related to tangible and intangible cultural heritage, literature, visual and performing arts, audio-visual media, design, cultural and creative industries. The two countries will also work together ...

DUBAI / Emirates Business Emirates Islamic, one of the leading Islamic financial institutions in the UAE, successfully closed a $500 million five-year sukuk issued from its $2.5 billion Certificate Issuance Programme. The landmark issuance, rated A+ by Fitch, is listed on Nasdaq Dubai and Euronext Dublin’s Regulated Market. Investors showed strong appetite which resulted in an order book that peaked ...

Abu Dhabi / Emirates Business Held under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, and hosted by the Abu Dhabi National Oil Company (Adnoc), this year’s Adipec – the global energy industry’s largest, most important and influential event – returns to Abu Dhabi from November 15 – 18 as the only event ...

Abu Dhabi / Emirates Business Chairman of the Board of Directors of Jinsha Holding Group, Leo Liu, met Mohamed Khalifa Al Mubarak, Chairman of Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), at the Louvre Abu Dhabi. During the meeting, they discussed opportunities for cooperation between the two sides in cultural, educational and media fields. Liu expressed ...

Dubai / WAM The UAE Ministry of Culture and Youth has signed a Memorandum of Understanding (MoU) with the UK’s Department for Digital, Culture, Media & Sport (DCMS) to reinforce cooperation in cultural fields related to tangible and intangible cultural heritage, literature, visual and performing arts, audio-visual media, design, cultural and creative industries. The two countries will also work together ...

DUBAI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, held a tripartite meeting with Nikos Dendias, Minister of Foreign Affairs of Greece, and Nikos Christodoulides, Minister of Foreign Affairs of Cyprus. During the meeting, which was held in Dubai, the parties discussed partnership and cooperation relations between the three countries and ...

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 Paris. During his speech, the minister conveyed the greetings and appreciation of the UAE leadership to France, Germany, Italy, Libya and the United ...