ABU DHABI / WAM The United Arab Emirates drew up to AED111.7 billion in FDI flows during the period from 2016 through 2018, bringing its overall volume of foreign investments to circa AED511 billion. According to the World Investment Report 2019, released by the United Nations Conference on Trade and Development, the UAE ranked 27th globally in attracting FDI flows …

ABU DHABI / WAM Abu Dhabi-based maintenance, repair and overhaul (MRO) provider, Sanad Aerotech, has announced its expanding its international customers network in Eastern Europe, signing two maintenance agreements with Russian Nordwind and Bulgarian BH Air. The partnership agreements come after Sanad Aerotech and Rolls-Royce announced a landmark $6.5 billion engine maintenance agreement including component repair to operators globally over …

ABU DHABI / WAM Japan is drastically reforming its defence organisations to deal with new combat situations that require a combination of conventional warfare and the new domains of space, cyberspace and the electromagnetic spectrum, a top Japanese defence official told the Emirates News Agency (WAM) on Monday. There is potential for further defence cooperation with UAE in such new …