Recent Posts

UAE gears up for a busy 2024 with a packed calendar of international conferences and events

ABU DHABI/WAM The UAE is gearing up for a busy 2024 with a packed calendar of international conferences and events. Throughout January, the emirate will play host to a diverse array of gatherings, solidifying its reputation as a premier destination for business tourism and conferences. This surge in activity underscores the UAE’s competitiveness and global appeal in the world of ...

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UAE insurance sector sees assets jump AED11.5 billion in nine months

ABU DHABI/WAM The UAE insurance sector continues to exhibit robust growth, as evidenced by a 9.6% increase in total assets during the first nine months of 2023, reaching AED 131.6 billion by the end of the third quarter. This translates to an impressive AED 11.5 billion increase in assets compared to the year-end 2022 figure of AED 120.1 billion. The ...

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KEZAD Group welcomes AED20 million Excel Astra Fabrication Facility in KEZAD

ABU DHABI/WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group and UAE-based Excel ASTRA Engineering Construction have signed a 50-year lease agreement to set up a fabrication facility in KEZAD. Excel Astra to invest approximately AED20 million to build the facility on approximately 45,000 square metres of land in KEZAD Al Ma’mourah. The facility will leverage on the collective expertise ...

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