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EOS to invest AED200m in defence tech

Abu Dhabi / WAM Abu Dhabi-based EOS Advanced Technologies on Tuesday unveiled ambitious plans to invest AED200 million in the research and development (R&D) of next generation defence systems for the Middle East and North Africa region throughout the year 2021. During an interview, AbdulRahman Abdullah Al Blooshi, CEO of EOS Advanced Technologies, said, “We are targeting new promising markets ...

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UAE, Turkmenistan discuss ways to curb Covid-19

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has reviewed ways of fostering bilateral relations between the UAE and Turkmenistan with Rashid Meredov, Deputy Prime Minister and Foreign Minister of Turkmenistan. In a video call, His Highness Sheikh Abdullah and Meredov discussed boosting joint cooperation in various fields, including ...

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Emirates Steel to purchase local scrap material for its production

ABU DHABI / WAM Emirates Steel on Tuesday announced its continued efforts to support trade and business in the UAE through purchasing local scrap material for use as feed stock in its production process. In a statement Tuesday, Emirates Steel said it is committed along with other steel producers to purchase all local scrap according to international prices. The company ...

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