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ABU DHABI / WAM Edge, one of the world’s fastest growing and leading advanced technology and defence groups, on Tuesday announced the acquisition of a majority stake in Mars Robotics, a leader in autonomous robotic solutions based in Jordan. The deal will see Edge owning 80 percent of Mars Robotics, enabling the highly skilled and experienced engineering team to work ...

ABU DHABI / WAM Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, and Tengku Zafrul Aziz, Minister of Investment, Trade and Industry of Malaysia, have signed a joint statement agreeing to launch negotiations to establish a comprehensive economic partnership agreement (Cepa) between the two countries. The agreement was signed on the sidelines of the official ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued Emiri Decree No 26 of 2023, promoting an officer in the General Command of the Emiri Guard. The decree stipulates that Lieutenant Colonel Tariq Juma Ibrahim Obaid Al Suwaidi, Director-General of the General Department of Guard and Insurance at the General ...

DUBAI / WAM HH Sheikh Hasher bin Maktoum bin Juma Al Maktoum, Chairman of Dubai Media Incorporated, inaugurated the 2023 edition of the PrecisionMed Exhibition & Summit (PMES) on Tuesday at the Dubai World Trade Centre. The event, which started on Tuesday, will run until today. Accompanied by dignitaries, His Highness Sheikh Hasher bin Maktoum toured the exhibition and summit. ...

ABU DHABI / WAM Ewec (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing, and supply of water and electricity across the UAE; and Zero Two, a leading digital assets infrastructure development company based in Abu Dhabi, have jointly announced the largest single purchase of Clean Energy Certificates (CECs) to date, covering 7.3 million ...

ABU DHABI / WAM Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC), said that the UAE is one of the most important Arab countries investing in Malaysia, as many Emirati companies own stakes in various investment projects in Malaysia. Al Jarwan told the Emirates News Agency (WAM) that the UAEIIC is keen to explore prospects and ...

ABU DHABI / WAM Emirates Global Aluminium (EGA) and bp, on Tuesday signed a memorandum of understanding (MoU), intending to jointly explore opportunities and potential projects that could reduce the carbon intensity of EGA’s calcined petroleum coke supply. The MoU, which is non-binding and non-exclusive, was exchanged in Abu Dhabi between Abdulnasser bin Kalban, EGA’s Chief Executive Officer; and William Lin, ...

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) has announced a collaboration with the government of Uzbekistan to explore strategic opportunities for investment in Uzbekistan’s power sector. These opportunities include new and existing power plants as well as associated power infrastructure and collectively could be worth more than $3 billion. A strategic framework agreement and an implementation agreement ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday received a phone call from Australian Prime Minister Anthony Albanese, during which the two leaders discussed bilateral relations and opportunities for further collaboration. In addition to exploring ways to build on the strategic partnership between the UAE and Australia, His Highness Sheikh Mohamed bin ...

NEW YORK / WAM Fortress Investment Group (Fortress) and Mubadala Investment Company, through its wholly owned asset management subsidiary Mubadala Capital (Mubadala Capital), on Monday announced that they have entered into definitive agreements to acquire 90.01 percent of the equity of Fortress that is currently held by SoftBank Group Corp, who have been the owners of Fortress since 2017. Terms ...