October, 2022

• 8 October

  Hub71 start-up launches world’s first utility NFT ‘Lovely Humans’

  

    Abu Dhabi / WAM Gleac, a Hub71 start-up offering a mentorship network to help people apply human skills through simulated work situations, announced the launch of the world’s first utility NFT, “Lovely Humans”, allowing users one-on-one time with global industry experts for five hours. The winning bidder can use the time with the industry expert to gain work-related knowledge ...

  Read More »
• 8 October

  UAE, Egypt keen to strengthen cooperation in defence sector

  

  Cairo / WAM During his official visit to Egypt, Major General Dr. Mubarak Saeed bin Ghafan Al Jabri, Assistant Under-Secretary for Support and Defence Industries at the Ministry of Defence, met with Major General Kamal Wafaa Radwan, Head of the Armament Authority of the Egyptian Ministry of Defence. The two sides discussed new opportunities for strengthening the overall relations between ...

  Read More »
• 8 October

  IsDB raises $1.6 billion from sukuk issuance

    Jeddah / WAM Dr Zamir Iqbal, Vice President, Finance, chief financial officer of the Islamic Development Bank (IsDB), said the bank collected $1.6 billion from its first sukuk issuance in April. The AAA-rated issuance was executed in line with the bank’s $4.1 billion financing plan for 2022, approved by the chairman. In his statement to the Emirates News Agency ...

  Read More »
• 8 October

  Edge to bolster position in national security, law enforcement markets

  

  Abu Dhabi / WAM Edge is making its debut at the International Exhibition for National Security and Resilience (ISNR Abu Dhabi), from October 10-12 at the Abu Dhabi National Exhibition Centre (Adnec). Edge will demonstrate how its products and services provide a competitive advantage to customers and strengthen national security in the UAE. SIGN4L, Beacon Red, Katim, Caracal, and Lahab ...

  Read More »
• 8 October

  Enec to showcase success of UAE nuclear energy sector in Prague

  

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) is set to showcase the success and impact of the UAE nuclear energy sector at the forthcoming World Association of Nuclear Operators’ (Wano) Biennial General Meeting (BGM) in Prague, Czech Republic, between October 9-11. Held under the theme “One Wano – A Global Commitment to Nuclear Excellence,” the Wano BGM ...

  Read More »
• 8 October

  UAE all set to host fourth GCC Visual Arts forum in December

    ABU DHABI / WAM The UAE, in cooperation with the Secretariat General of the Gulf Cooperation Council (GCC), will host the fourth edition of the GCC Visual Arts Forum from December 20-25. The forum will host a selection of Gulf artists from various branches of visual arts at Manarat Al Saadiyat in Abu Dhabi and will be accompanied by ...

  Read More »
• 8 October

  Mubadala signs partnership with UAEJJF

    Abu Dhabi / WAM The UAE Jiu-Jitsu Federation (UAEJJF) and Mubadala Investment Company signed an agreement that will see the Abu Dhabi Government investment arm sponsor the UAE national team and secure naming rights of the UAE capital’s Jiu Jitsu Arena. The strategic partnership strengthens both parties’ commitment to supporting the nation’s athletes, broadening the sport’s horizons, and enhancing ...

  Read More »
• 8 October

  Dubai Airport Freezone to announce launch of Metadafz

  

    Dubai / WAM Dubai Airport Freezone (Dafz), part of Dubai Integrated Economic Zones Authority (DIEZ), is set to announce the launch of Metadafz, which aims to provide the free zone’s clients with a smooth digital experience in the metaverse. Dafz will make the official announcement at Gitex 2022, which will take place from October 10-14 at the Dubai World ...

  Read More »
• 8 October

  Australia could grab 20% of world’s lithium refining by ’27

  

  Bloomberg Australia is poised to grab a fifth of the world’s lithium hydroxide refining capacity within five years as demand grows for battery metals that bypass China, Canberra said in a report. China produces more than 80% of the world’s lithium hydroxide, a processed form of the in-demand metal, according to the International Energy Agency (IEA). However, several companies are ...

  Read More »
• 8 October

  Gazprom resumes gas exports to Italy through Austria as spat resolved

  

    Bloomberg Russian gas supplies to Italy via Austria resumed, bringing some temporary relief to gas prices in Europe. Gazprom PJSC said it has found a solution with Italian buyers to overcome the regulatory changes in Austria at the end of September that were preventing transit flows, according to a company statement on Telegram. Benchmark gas futures fell as much ...

  Read More »