News

  Abu Dhabi / WAM Abu Dhabi National Oil Company (ADNOC), signed on Monday an agreement with the CEFC China Energy Company Limited (CEFC China), awarding it the final 4% interest in Abu Dhabi’s onshore oil concession. CEFC contributed a sign-up bonus of AED 3.3 billion ($888 million) to enter the concession. The onshore concession is operated by the Abu Dhabi ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, has issued a Resolution to establish the Khalifa University of Science and Technology. The Decree renames the university as “Khalifa University of Science and Technology”. The new entity will have an independent legal personality, financial and administrative independence, and full ...

  Dubai / WAM A number of beverage industry shows and events are lined up to take place in Dubai next month, which will highlight the latest trending technologies, products and services in this burgeoning industry. The ninth edition of the Dubai Drink Technology Expo, #DDTE2017, takes place from March, 7-9 at the Dubai International Convention and Exhibition Centre. This year, ...

  Dubai / WAM Dubai Chamber of Commerce and Industry will host an award ceremony on Tuesday to honour the winners of the 9th cycle of the Mohammed bin Rashid Al Maktoum, MRM, Business Award, and the 1st cycle of the MRM Business Innovation Award. The ceremony will be attended by dignitaries, distinguished local and international top executives and business leaders. ...

  Abu Dhabi / WAM The Ministry of Finance (MoF) and the Federal Electricity and Water Authority (FEWA) have signed an agreement to adopt the e-Dirham system to enable FEWA to receive service fees electronically. The agreement aims to enhance FEWA’s efforts to facilitate the collection process for its clients which will increase customer satisfaction and strengthen its institutional work. The ...

  Abu Dhabi / WAM Arms deals worth AED 6.919 billion (US$ 1.88 billion) were signed on the second day of the International Defence Exhibition and Conference, IDEX 2017, bringing the total transactions in 48-hrs of the exhibition to more than AED11.335 billion (over US$3 billion). Brigadier-General Rashid Mohammed Al Shamsi, Official Spokesperson for the 13th edition of IDEX, said that ...

  Abu Dhabi / WAM The Telecommunications Regulatory Authority’s (TRA) Computer Emergency Response Team (aeCERT) and the Spectrum Management Affairs Department, are participating at the International Defence Exhibition and Conference (IDEX 2017), launched in Abu Dhabi National Exhibition Center (ADNEC), and lasts for five days. The aeCERT participation for this year includes significant topics and challenges in relation to cyber security, ...

  Abu Dhabi / WAM Atlas Elektronik UK, a leading provider of science and technology solutions to the UK Ministry of Defence, announced a major export contract award for its ARCIMS Remote Combined Influence Minesweeping System. The contract will see delivery of two ARCIMS vehicles, both operating ASW surveillance mission modules that can detect, classify and locate underwater threats and divert ...

  Abu Dhabi / WAM DRS Technologies Inc. was awarded an Indefinite Delivery, Indefinite Quality contract, IDIQ, worth up to US$22 million by the US Navy for updated communications systems that allow ship commanders to securely share real-time tactical data. The initial five-year contract for the Link-11/Link-22 tactical data system is worth $9.3 million, with a second five-year option that could ...

  Abu Dhabi / WAM Emirates Defense Industries Company (EDIC) an integrated national defence services and manufacturing platform, announced the establishment of Barij Munitions, specialising in providing world-class ammunition products and services. The company will be a manufacturer of all kinds of ammunition, including small arm, infantry, artillery and air-craft munitions. Announcing the formal launch of the company on the second ...