Abu Dhabi / WAM A team of Emirati entrepreneurs launched first satellite to track wildlife in UAE (Ghalib). Developed by Emirati firm Marshall Intech, the satellite was successfully launched on SpaceX Falcon-9 rocket at Cape Canaveral Space Force Station, Florida. The satellite entered its orbit, 550 km above sea level. Equipped with advanced technologies, Ghalib satellite allows researchers to track ...

Dubai / WAM DP World, UAE Region, the leading smart trade enabler, and Petrochem Middle East, the largest chemical distributor in the Middle East and Africa, signed a 30-year lease agreement that expands its business in the region. Petrochem Middle East will invest between $80 million to $90 million in developing a chemical terminal on Quay 7, adjacent to the ...

Bloomberg The European Union (EU) proposed a swathe of new rules to bring the world of finance in line with its ambitious goal to make the region carbon neutral by the middle of the century. The European Commission wants tighter measures on banks and credit rating agencies to better reflect the risks climate change poses to the financial system. The ...