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Umex, SimTEX 2020 see deals worth AED 624mn

Abu Dhabi / WAM The UAE Armed Forces signed seven new deals worth AED 468 million on the second day of the Unmanned Systems Exhibition (Umex), and the Simulation and Training Exhibition, SimTEX 2020, taking the total value of deals to AED 624,962,659. “The total value of external deals reached AED 25,821,190,” said Staff Brigadier Fahad Nasser Al Thehli, Spokesman ...

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DP World completes acquisition of Fraser Surrey Docks in Canada

DUBAI / WAM DP World, the leading enabler of global trade, and one of the world’s largest port operators, announced on Monday it has completed the acquisition of Fraser Surrey Docks from Macquarie Infrastructure Partners, alongside its partner, Caisse de dépôt et placement du Québec, thus complementing DP World’s footprint in Canada, which also includes terminal operations in Vancouver, Nanaimo, ...

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UAE issues new law to facilitate space sector development

ABU DHABI / WAM The UAE Space Agency has announced the details of the new UAE Space Law issued by President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The announcement was made during an introductory workshop for the UAE Space Law, organised by the UAE Space Agency and held in Abu Dhabi. Previously, the law was passed by the ...

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