Abu Dhabi / WAM The UAE affirmed its support for China’s sovereignty and territorial integrity, as well as the importance of respecting the “One China” principle, while calling for adherence to relevant United Nations resolutions. In a statement issued by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE indicated its concern over the impact of any ...

  Dubai / WAM Dubai Aerospace Enterprise (DAE) Ltd on Thursday has reported an increase of 186 percent in its profit for the first six months of this year, reaching $140.1 million. According to the company’s financial results, cash flows from operating activities increased by 36 percent to $678.5 million. The company reported available liquidity of $2.7 billion, saying that ...

  Ras Al Khaimah / WAM UAE’s first used battery recycling centre will be built in Ras Al Khaimah with an investment of AED62.4 million by Royal Gulf Industries. Ras Al Khaimah Economic Zone (Rakez) has welcomed this state-of-the-art lead acid battery recycling company to its industrial ecosystem. A subsidiary of Hyderabad Castings Limited and part of Nakhat Group, the ...