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  ABU DHABI / WAM Emirates Steel, the leading integrated steel plant in the Middle East, has sealed a Memorandum of Understanding (MoU) with Mauritania’s Société Nationale Industrielle Et Minière (SNIM) to look into the feasibility of creating a joint venture company to produce iron oxide pellets. Under the 18-month agreement, signed by Saeed Ghumran Al Remeithi, Group CEO of ...

Bloomberg Russia’s invasion of Ukraine is entering a new phase, promising a more deadly time ahead for the country’s civilians and its remarkably determined army, according to Western military officials. Early signs are that Russian commanders are abandoning the approach that marked the first days of the conflict, in which they relied on lightning strikes into cities they assumed would ...

  SHARJAH / WAM Marwan bin Jassim Al Sarkal, Executive Chairman of the Sharjah Investment and Development Authority (Shurooq), announced that it is currently considering investing in several Arab and Gulf Cooperation Council (GCC) countries, including Egypt, Saudi Arabia, Oman and Qatar. Shurooq has received a proposal to establish similar entities to Sharjah Sustainable City in Australia and the US, ...

  ABU DHABI / WAM Silal, Abu Dhabi’s leading fresh produce and agri-tech company, and AeroFarms, a Certified B Corporation and leader in indoor vertical farming, have signed a Memorandum of Understanding (MoU) to forge a long-term research and development collaboration involving knowledge and technology transfer of advanced farming systems to local farmers. Under the MoU, both parties will assess ...

  ABU DHABI / WAM Edge Group, an advanced technology group established to develop agile, bold and disruptive solutions for defence and beyond, announced its participation in the inaugural World Defense Show, being held in Riyadh, the capital of the Kingdom of Saudi Arabia, from March 6-9. EDGE is the region’s leading advanced technology company for defence and beyond, and ...

DUBAI / WAM School visit numbers to Expo 2020 Dubai — the world’s best classroom — have hit 500,000, as students from public and private schools across the UAE make the most of the myriad educational opportunities available across the site. As of February 25, 532,794 students had visited the site through the Expo School Programme. The Expo School Programme ...

Bloomberg A Ukrainian delegation led by the defense minister began talks with Russian officials on the fifth day of an invasion that’s triggered a flurry of sanctions against Moscow and sent Russian markets into a tailspin. Ukrainian President Volodymyr Zelenskiy has voiced skepticism that the talks, taking place on the country’s border with Belarus, would yield results but said he ...

  DUBAI / WAM The Ministry of Energy and Infrastructure (MoEI) organised a virtual forum titled ‘The Future of Autonomous Vessels in Maritime Shipping’ as part of its activities during the Innovation Month, held under the theme ‘UAE Innovates 2022’ Representatives from various sectors of the regional and global maritime industry such as A-Navigation, have tackled developing autonomous vessel technologies ...

  DUBAI / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, visited the pavilion of Greece at Expo 2020 Dubai, the first World Expo to be held in the Middle East, Africa and South Asia. He explored the innovative experiences and tools on display, and the country’s approach to sustainable development. Dr Sultan Al Jaber ...

  DUBAI / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit agency (ECA), and its Egyptian counterpart Export Credit Guarantee of Egypt (EGE) have signed a reciprocal reinsurance agreement to support Emirati and Egyptian projects in their respective countries and their initiatives around the world. The agreement between the two state-owned firms will bolster the strong trade and ...