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Idex, Navdex sign deal with Edge group as strategic partner

Abu Dhabi / WAM The International Defence Exhibition and Conference (Idex 2021) and the Naval Defence Exhibition (Navdex 2021), held under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, from February 21-25 at the Abu Dhabi National Exhibition Centre, signed an agreement with EDGE Group, the Abu Dhabi based advanced technology group for defence and beyond, ...

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UAE’s hotel reservation rates witness significant growth

Abu Dhabi / WAM The UAE’s hotel reservation rates witnessed significant recent growth, benefitting from the rise in travel to the UAE during Christmas and New Year, and a boom in domestic tourism. The hotel sector continued its recovery after the extraordinary conditions caused by the coronavirus (Covid-19) pandemic, most notably with the continued operations of national carriers and the ...

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DMCC attracts 2,025 firms to Dubai in 5 years

DUBAI / WAM DMCC – a Free Zone and Government of Dubai Authority on commodities trade and enterprise – has registered a record breaking 2,025 new companies in 2020, the highest number of registrations in five years. Despite an overall business environment shaped by the pandemic, the record-breaking registrations are a testament to Dubai’s continued appeal to investors and the ...

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Iraq picks Chinese firm for $2bn oil prepayment deal

Bloomberg Iraq has selected a Chinese company for a multibillion-dollar oil-supply deal, as the nation seeks funds to bolster an economy reeling from the coronavirus-triggered collapse in energy prices. SOMO, which oversees Iraq’s petroleum exports, picked a Chinese firm after receiving bids from several traders, the official Iraqi News Agency(INA) reported, citing an interview with the head of SOMO, Alaa ...

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Saudi Arabia lifts entry ban, keeps some virus restrictions

RIYADH / WAM Entry to Saudi Arabia by sea, land and air resumed following a two week entry ban over fears of a new coronavirus variant, the Saudi Press Agency (SPA) reported. In a statement, the Ministry of Interior said that non-citizens entering from the UK, South Africa or any other countries where the new variant spread, will require to ...

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First blockchain-based notary platform of the world launched

DUBAI / WAM JustChain, a UAE-based startup focussed on implementing blockchain-based solutions for justice and public safety, has launched the world’s first blockchain-based notary platform, NotaryChain. This follows the recent approval from UAE Cabinet on digital signatures, and its application to notary services.

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Breakbulk ME 2021 all set for sixth edition

DUBAI / WAM Breakbulk Middle East (BBME), the Gulf Cooperation Council’s (GCC) leading breakbulk and project cargo event, is cooperating with leading players in the education sector for its sixth edition, to enhance the professional competencies of students and those youths who hope to be part of the industry, which is one of the key pillars of a sustainable economy. ...

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Covid-19: UAE reports total 189,709 recoveries

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 125,232 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 1,590 new coronavirus cases, bringing the total number of recorded cases in the UAE to 213,231. The ministry also noted that an ...

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A brighter future awaits us: Sheikh Mohammed

DUBAI / WAM On the 15th anniversary of his Accession Day, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, highlighted the key milestones that have placed the UAE as a leading nation in the region and the world through an open letter he wrote to the people of the UAE. Through celebrating ...

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Big Heart Foundation to fund two humanitarian projects in Egypt

Sharjah / WAM The Big Heart Foundation (TBHF), a Sharjah-based global humanitarian organisation dedicated to helping people in need worldwide, announced it is funding two humanitarian projects in Egypt in a bid to create more opportunities in education and to support the healthcare services of a charitable children’s hospital. Under the directives of HH Sheikha Jawaher bint Mohammed Al Qasimi, ...

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