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Dubai South, dnata partner to set up seamless cargo handling connectivity

DUBAI / WAM Dubai South and dnata, a global air services provider, have entered into a partnership to develop a digitally driven Gate Control mechanism for cargo handling terminals at Dubai South’s Logistics District. The Gate Control mechanism will enable the seamless flow of goods through the free zone’s gates, with companies based at the Logistics District and movers transporting ...

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Four potential Unesco sites located in Sharjah

SHARJAH / WAM The Sharjah Archaeology Authority revealed early this month that four important Sharjah ancient sites had been added to the preliminary Unesco World Heritage List. In preparation for the final submission of the cultural landscape file for the central region, the authority has recorded all the following: the site of Mleiha: the pre-Islamic period in the southeast of ...

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China’s ICBC lists AED8 billion green bonds on Nasdaq Dubai

DUBAI / WAM The Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank by assets, celebrated the listing of four green bonds worth a total value of $2.2 billion on Nasdaq Dubai, and Zhang Yiming, ambassador of the People’s Republic of China to the UAE, rang the market opening bell to mark the occasion. Accompanying Zhang Yiming ...

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Yahsat revenue jumps 6% to AED1.6 billion in 2022

ABU DHABI / WAM Al Yah Satellite Communications Company (Yahsat) on Tuesday announced its consolidated financial results for the fourth quarter and full year for 2022. For the twelve-month period, Yahsat delivered growth in revenue and adjusted Ebitda, which increased 6% and 7% respectively year-on-year, meeting and exceeding financial guidance targets. Highlights for the full year include revenue of AED1.6 ...

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‘1 Billion Meals’ initiative distributes 5.4mn meals in Bangladesh refugee camps

DUBAI / WAM The “1 Billion Meals” initiative, the region’s largest food donation drive to support the underprivileged and undernourished in 50 countries across four continents, on Tuesday announced the completion of the distribution of 5.4 million meals in Rohingya refugee camps in Bangladesh, in collaboration with the United Nations’ World Food Programme (WFP). Thanks to the partnership between Mohammed ...

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Khalifa Fund announces ‘CEO Programme’ winners

ABU DHABI / WAM Khalifa Fund for Enterprise Development, in partnership with the Abu Dhabi Department of Economic Development (Added) and Jenaan Investment, has announced the winners of the CEO programme, Agritech Edition. After a rigorous nine-month programme that aimed to cultivate entrepreneurship and innovation skills, build and grow ag-food tech ventures, and contribute to the UAE’s Food Security Strategy, ...

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7th edition of ‘Journey of Generations’ programme ends

ABU DHABI / WAM Journey of Generations, initiated by the Authority of Social Contribution – Ma’an and organised by volunteers from the community, has concluded its seventh cohort, celebrating with a walk-through of Umm Al Emarat park. The walk was joined by Dr. Mugheer Khamis Al Khaili, Chairman of the Department of Community Development – Abu Dhabi, and Salama Al ...

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Q Holding signs strategic deal with Abu Dhabi Residence Office to stimulate investment

ABU DHABI / GULF TIME “Q Holding” signed a strategic agreement with the Abu Dhabi Residents Office (ADRO), a division of the Abu Dhabi Department of Economic Development, to promote real estate investment and community development in the UAE’s capital, Abu Dhabi. Under the terms of the agreement, the Abu Dhabi Residents Office will nominate real estate investors for the ...

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HFZA explores investment opportunities with Turkey

SHARJAH / WAM A delegation of 143 senior officials and directors from prominent food and beverage companies in Turkiye recently visited the Hamriyah Free Zone Authority (HFZA) to explore new investment opportunities and experience the quality services provided to investors in the sector. During the visit, the Turkish delegation was briefed on the investment incentives and advantages offered by the ...

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Tawazun Council establishes free zone for military, security sectors

ABU DHABI / WAM  Tawazun Council has established a free zone dedicated to the military and security sector in Tawazun Industrial Park. The free zone covers 2.8 square kilometres and has been established to commence operations related to defence and security industries, including electronic and technological activities, clear-cut metal industries, safety and security, research and development, as well as logistics ...

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