News

IAF: UAE is no longer emerging space nation; it’s an established player

Dubai / WAM The UAE has successfully become an established space player, an international space advocacy organisation said on Wednesday. Speaking with the Emirates News Agency (WAM), Pascale Ehrenfreund, President of the International Astronautical Federation (IAF), said the space sector has become extremely vibrant as more emerging countries and commercial players are entering it. “I think the UAE is not ...

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UAE leverages cloud seeding to tackle water scarcity, regionally and globally

ABU DHABI / WAM The UAE has adopted state-of-the-art technologies to ensure the sustainability of water resources that are mainly fed by precipitation, as part of the country’s leading role in tackling the most pressing global issues that demand urgent action including water security. Cloud seeding plays a crucial role in reengineering the planet earth through mitigating drought, enhancing water ...

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Indian state, UAE firm discuss investment cooperation

Abu Dhabi / Emirates Business A government delegation from Telangana, India, headed by Mrs Kavitha Kalvakuntla, Member of Telangana Rashtra Samithi and daughter of the chief minister of Telangana, visited Dr Mubarak Hamad Marzouq Al Ameri, Chairman of the Board of Directors of Green Gate Investment Company, in his residence in Al Ain. They discussed mechanisms of investment and economic ...

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Al Murabbaa Arts Festival begins today

Ajman / WAM The first edition of Al Murabbaa Arts Festival, organised by Ajman Tourism Development Department (ATDD), kicks off on Thursday, featuring an elite group of contemporary art pioneers and creative minds from across the UAE. The event is being held under the patronage of HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of ...

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Shurooq to showcase latest eco-tourism projects at WTM 2021

Sharjah / Emirates Business As part of its continuous efforts to promote Sharjah’s investment landscape across its tourism sector and showcase its upcoming projects and new partnerships, the Sharjah Investment and Development Authority (Shurooq) will be participating in the World Travel Market 2021, to be held as a hybrid event – physical and virtual – in London, from November 1 ...

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UAE minister, UN deputy chief discuss promoting UAE-UN Partnership

DUBAI / WAM Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, held a meeting with Amina Mohammed, Deputy Secretary-General of the United Nations (UN) and Chair of the United Nations Sustainable Development Group, where they discussed promoting the partnership between the UAE government and the UN in various fields and reviewed issues of common interest. Al Gergawi highlighted that, ...

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IAEA’s ConvEx-3 ‘Barakah UAE’ exercise kicks off

ABU DHABI / WAM The UAE on Tuesday kicked off the International Atomic Energy Agency’s ConvEx-3 ‘Barakah UAE’, which will run for two days under the supervision of the IAEA, featuring the participation of more than 75 countries and 12 international organisations. The Barakah Nuclear Power Plant is one of the world’s most advanced nuclear energy plants. The national teams ...

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Nasdaq Dubai welcomes listing of IsDB’s 1.7b sukuk

Dubai / WAM Dr Zamir Iqbal, Vice President of Finance and Chief Financial Officer of the Islamic Development Bank (IsDB), on Tuesday rang Nasdaq Dubai’s market-opening bell to celebrate the listing of a $1.7 billion Sukuk on the region’s international financial exchange. The listing strengthens the IsDB’s position as the largest supranational Sukuk issuer on Nasdaq Dubai with a total ...

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UAE, Russia ink agreement to boost space cooperation

DUBAI / WAM The UAE and Russia on Tuesday signed an intergovernmental agreement pledging to promote the use of outer space for peaceful purposes and enhance cooperation between their space agencies in priority areas. Sarah bint Yousif Al Amiri, Minister of State for Advanced Technology and the Chairwomen of the UAE Space Agency, and Dmitry Rogozin, Director-General of the Russian ...

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Abu Dhabi’s IHC offers AED 359m to buy London-listed Arena Events

ABU DHABI / WAM International Holding Company (IHC) and Arena Events Group, a world-leading events services business listed on the London Stock Exchange, have announced a recommended AED 359 million ($98 million) cash offer at 21 pence per Arena Events Group ordinary share by IHC subsidiary, Theta Bidco Ltd, company created by IHC Industrial Holding LLC and Tasheel Holding Group ...

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