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UAE seals $684mn Raytheon laser guided bomb deal

DUBAI / Reuters The United Arab Emirates’ military said on Tuesday it was buying laser guided bombs from US missile maker Raytheon Co. in a deal worth AED2.5 billion ($684.4 million). The GBU-10 and GBU-12 Paveway laser guided bomb kits were the largest part of AED3.34 billion in deals announced by the US ally at the Dubai Airshow. The UAE ...

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Mubadala plans AED82.5mn R&D investment in five years

ABU DHABI / Emirates Business Mubadala announced plans for its Aerospace, Renewables & ICT platform to invest a further AED82.5mn in Research and Development (R&D) over the next five years. The funding will be used to accelerate several innovative technology development projects that focus on differentiating concepts from the Fourth Industrial Revolution, including 3D printing, digital manufacturing and advanced materials. ...

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UAE seeks to strengthen and develop relations with Nepal

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received Bidhya Devi Bhandari, President of Nepal, who is currently visiting the country to attend the international health forum, ‘Reaching the Last Mile – Mobilising Together to Eliminate Infectious Disease’, which begins on Wednesday ...

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Emirates SkyCargo to be logistics space partner for MBRSC

DUBAI / Emirates Business Emirates SkyCargo signed a Memorandum of Understanding (MoU) with Mohammed Bin Rashid Space Centre (MBRSC) to become the preferred logistics partner for the Dubai based space science and advanced technology research and development centre. The MoU was signed in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates ...

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Dubai Chamber launches 10th cycle of MRM Business Award

Dubai / Emirates Business Dignitaries, government and business leaders, and industry experts from the UAE and around the world gathered in Dubai on Tuesday for the International Conference launching the 10th cycle of the Mohammed bin Rashid Al Maktoum (MRM) Business Award, and the 2nd cycle of the MRM Business Innovation Award. The high-profile event, entitled “Drivers of Growth in ...

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ADIPEC awards recognise energy industry innovation

ABU DHABI / Emirates Business Achievements in the oil and gas industry have been honoured, with the presentation of the prestigious ADIPEC Awards, rounding out the opening day of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). The ADIPEC Awards recognise the achievements of businesses, initiatives and individuals shaping the rapidly changing industry. ADNOC’s Onshore CEO and ADIPEC Awards Chairman, ...

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emaratech introduces ‘airport smart trolley’ at Dubai Airshow

Dubai / Emirates Business emaratech launched a series of products that will soon be in action at the airports enhancing passenger experience as well as improving baggage handling efficiency during the 15th Edition of Dubai Airshow. emaratech’s Airport Smart Trolley comes with a web-based dashboard that allows the airport to locate and send notifications during shopping to individual passengers, channelise ...

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Abu Dhabi to host biggest global telecom research conference

Abu Dhabi / Emirates Business The Khalifa University of Science and Technology has on Tuesday announced that Abu Dhabi will host the Institute of Electrical and Electronics Engineers (IEEE) Global Communications Conference (Globecom) 2018, the world’s largest telecommunications research conference. The announcement was made during a press conference organized at the campus. To be held from December 9-13, 2018 at ...

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IEA: US shale surge biggest oil and gas boom in history

Bloomberg The supply surge from US shale oil and gas will beat the biggest gains seen in the history of the industry, the International Energy Agency predicted. By 2025, the growth in American oil production will equal that achieved by Saudi Arabia at the height of its expansion, and increases in natural gas will surpass those of the former Soviet ...

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