February, 2023

• 18 February

  Dewa, France’s Eutelsat to enhance cooperation

  

  Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), welcomed a high-level delegation from France’s satellite operator Eutelsat, headed by its CEO Eva Berneke. The delegation included Cyril Dujardin, General Manager of the Connectivity BU; Ghassan Murat, Head of Connectivity BU, Mena, Africa and Asia; and Hani El Arja, VP of Connectivity ...

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• 18 February

  United Arab Bank profit up 120% in 2022

    Sharjah / WAM United Arab Bank PJSC (UAB) released its financial results for the year ending December 31, 2022, reporting a net profit of AED155 million. This represents a 120% increase from the AED70 million net profit recorded in 2021, driven by improved operating performance and lower expected credit losses, alongside disciplined cost control. UAB’s core businesses have made ...

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• 18 February

  Edge expands its portfolio, buys 70% stake in Gradeone

  

    Abu Dhabi / WAM Edge group PJSC has taken a 70 percent stake in Abu Dhabi-based Gradeone that specialises in manufacturing non-lethal pyrotechnics, ammunition, defence-related components and packing solutions, as well as defence trading. Gradeone will join Edge under its Trading & Mission Support cluster. The announcement has come ahead of the International Defence Exhibition (Idex) to be held ...

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• 18 February

  UAE field hospital in Turkiye provides medical treatment to 174 earthquake victims

  

  Gaziantep / WAM The UAE field hospital in Ä°slahiye, Gaziantep, Turkey, has provided urgent medical treatment and psychological support to 174 victims of the recent earthquake that struck Turkey and Syria. The hospital, located on a 40,000 square meter area, has 50 beds and four ICU beds, and has already performed three major surgeries while continuing its humanitarian efforts to ...

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• 18 February

  Breakbulk Middle East 2023 sees 94% rise in attendees

    Dubai / WAM Held under the patronage of the UAE Ministry of Energy and Infrastructure, Breakbulk Middle East 2023 concluded its second and final day with a commitment to promote female participation in the industry, and an increased focus on attracting young minds. The 2023 edition of the region’s leading breakbulk and project cargo event witnessed a 94 per ...

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• 18 February

  Dubai Chambers launches Innovation Week

    Dubai / WAM Dubai Chambers has launched its own Innovation Week as part of UAE Innovates 2023, the government’s annual innovation festival. The Innovation Week included 13 events focused on promoting innovation through workshops, training, and educational discussions, with some sessions open to the public. Dubai Chambers’ aim was to create a culture of innovation among its employees and ...

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• 18 February

  Tawazun Council to showcase latest innovations in defense sector

  

    Abu Dhabi / WAM The Tawazun Council has announced its participation in the International Defense Exhibition and Conference (Idex 2023) and the Naval Defence Exhibition and Conference (Navdex 2023), which will be held from February 20-24 at the Abu Dhabi National Exhibition Centre (Adnec). Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the event ...

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• 18 February

  Germany’s top airports come to standstill as workers strike

  

  Bloomberg Germany’s two largest airports came to a virtual standstill today as ground staff stage another strike over pay, exacerbating an already chaotic week for air travel after a system outage brought down Deutsche Lufthansa AG’s operations two days ago. Security and other ground crew in Frankfurt and Munich began their one-day walkouts early Friday, leading to 1,300 flight cancellations ...

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• 18 February

  Singapore Air’s budget unit reaches deal for E2 planes

  

    Bloomberg Singapore Airlines Ltd’s low cost carrier signed a letter of intent to add Embraer SA regional jets to its fleet in a push to fly to smaller destinations in Asia’s emerging markets. Scoot Pte Ltd will start taking delivery of nine E190 E2 jets from 2024, the carrier said in a statement. The aircraft will be sourced from ...

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• 18 February

  Air passenger load factors back at 70% for China’s big three airlines

  

    Bloomberg Passenger loads at China’s top three airlines are rebounding as travel picks up again, boosted by people flying back to their hometowns for the Lunar New Year holidays and celebrating the chance to reunite with families and friends after nearly three years of Covid restrictions. China Southern Airlines Co filled 72.7% of its seats in January, the highest ...

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