Recent Posts

AD Ports to buy stake in parent firm of two Egyptian shippers

  Abu Dhabi / WAM AD Ports group on Friday announced that it has reached an agreement to acquire a 70 percent equity stake in International Associated Cargo Carrier BV, which wholly owns two Egypt-based maritime companies, Transmar International Shipping Company and Transcargo International SAE (TCI). The total purchase consideration (enterprise value) of this transaction amounts to AED514 million. The ...

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Hope Probe identifies new scientific observations

  Abu Dhabi / WAM The Emirates Mars Mission ‘Hope Probe’ has identified new observations, in addition to its nominal set of observations, about Mars’ atmosphere in its fourth batch of scientific data. Collected by the Hope Probe’s instruments during its mission in Mars’ orbit from December 2021 to February 2022, the latest data demonstrate the capabilities of the instruments, ...

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UAE, Cyprus discuss ways to develop ties

Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has received Ioannis Kasoulides, Minister of Foreign Affairs of the Republic of Cyprus, and discussed the UAE-Cypriot strategic relations, and ways to develop cooperation between the two friendly countries in various fields. During a dinner meeting in Abu Dhabi, the two ...

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