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Abu Dhabi / WAM Preliminary data from the Federal Center for Competitiveness and Statistics indicates that non-oil trade exchange between the UAE and Saudi Arabia in 2022 experienced a growth rate of 9%, reaching AED136.09 billion, compared to AED124.6 billion at the end of 2021. Over the period of 2013-2022, non-oil trade between the two countries increased by 70%, ...
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February, 2023
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23 February
UAE leaders wish King Salman on Saudi Arabia’s Founding Day
Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, have sent congratulatory messages to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, on the Founding Day of ...
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23 February
Day-3: AED5.8bn worth of deals inked at Idex, Navdex
Abu Dhabi / WAM Tawazun Council signed nine deals, worth AED5.7 billion, with local and international companies on behalf of the Ministry of Defense, and two deals worth AED134 million on behalf of Abu Dhabi Police on the third day of the International Defence Exhibition (Idex) and the Naval Defence Exhibition (Navdex) 2023, bringing the total number contracts signed ...
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23 February
Khalifa Fund-Al Dhafra Co-operative deal to support SMEs in F&B sector
Abu Dhabi / WAM Khalifa Fund for Enterprise Development and Al Dhafra Co-operative (ADCS) signed a memorandum of understanding to encourage entrepreneurship and stimulate the development of SMEs in the UAE’s F&B sector. The partnership between the two respective parties will see Khalifa Fund members receive a number of benefits, such as a full waiver of the ADCS entry ...
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23 February
Edge, Italy’s Fincantieri sign cooperation deal
Abu Dhabi / WAM Edge entity Abu Dhabi Ship Building (ADSB) and Fincantieri, one of the world’s leading shipbuilding groups, on Wednesday signed an Industrial Cooperation Agreement at the International Defence Exhibition and Conference (Idex 2023). Under the terms of the agreement, Edge and Fincantieri will join forces on the design, construction, and fleet management of military and commercial ...
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23 February
ADFD funds first development project worth $45m in Nigeria
Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) has signed an agreement with the Nigerian government to finance a major road project in the country. The fund has allocated AED165 million ($45 million) to support the Minna-Bida Road project, ADFD’s first development project in Nigeria, which is expected to stimulate commercial activities and improve transport links between the ...
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23 February
UAE a pioneer, partner in decision-making on global human rights
Abu Dhabi / WAM A number of international experts on human rights reiterated that the United Arab Emirates (UAE) is a pioneer in human rights and has become a prominent partner in advancing the human rights worldwide. The experts noted that the UAE is also a partner in decision-making on global human rights, especially with its winning of membership ...
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23 February
Air Arabia Abu Dhabi launches direct flights to Baghdad, Erbil
Abu Dhabi / WAM Air Arabia Abu Dhabi announced the launch of its two new routes from Abu Dhabi to Baghdad and Erbil in Iraq. The new direct flights will connect Abu Dhabi International Airport to both Baghdad International Airport and Erbil International Airport with a frequency of two flights per week starting from June 22. Adel Al Ali, ...
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23 February
Empower, Dubai Maritime City sign deal
Dubai / WAM Emirates Central Cooling Systems Corporation PJSC (Empower) and Dubai Maritime City (DMC) have entered into an agreement to provide district cooling services to the DMC project. The cooling capacity of the project is more than 63,000 Refrigeration Tonnes (RT). The agreement was signed by Ahmad bin Shafar, CEO of Empower, and Sultan bin Sulayem, Group Chairman ...
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23 February
Abu Dhabi hosts five marine championships this weekend
Abu Dhabi / Gulf Time Abu Dhabi hosts five marine championships this weekend in a special carnival for the marine sports enthusiasts. Organised by the Abu Dhabi Marine Sports Club, the championships will be held at the UAE capital’s breakwater starting from February 23-26. First round of Abu Dhabi Grand Kingfishing Championship will start on Thursday and will last ...
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