ABU DHABI / WAM The UAE-based Versa Aerospace has signed a Memorandum of Understanding with Aeroter – one of the portfolio companies of the Strategic Development Fund (SDF), the investment arm of Tawazun Holding – for the civil/commercial operation of the VRT300 unmanned helicopter in the UAE. Under the MoU, Versa Aerospace is working on developing a long-term relationship where ...

ABU DHABI / WAM His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, has approved a wide-ranging reform of the country’s legal system, which aims to strengthen economic, investment and commercial opportunities, in addition to maximising social stability, security and ensuring the rights of both individuals and institutions. The draft of new laws and legislative amendments came ...

DUBAI / WAM In a new global achievement for Dubai on the cultural front, the emirate has enhanced its ranking in the Global Power City Index (GPCI) 2021 issued by the Institute for Urban Strategies at the Mori Memorial Foundation in Japan. Dubai ranked first in the Arab world and fifth globally in the cultural interaction criterion that measures the ...