Bloomberg Audi is exploring deals with British sports car-maker McLaren Group as the German manufacturer looks for ways to enter Formula 1 racing and promote its electric-car technology. The manufacturer plans to study the financials of McLaren in the coming weeks to help decide on potential transactions, according to people familiar with the matter. Volkswagen AG’s premium brand previously floated ...
Read More »TimeLine Layout
November, 2021
-
20 November
Apple plans to launch fully self-driving car by 2025
Bloomberg After seven years of false starts, delays and management changes, Apple is going full throttle on developing an electric car. Under its new leader, Apple Watch software chief Kevin Lynch, the team behind the car project is now pushing hard to debut a product by 2025. It’s trying to build a vehicle that, without a steering wheel and pedals, ...
Read More » -
18 November
UAE leaders condole death of South Africa’s former president
ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of condolences to South African President Cyril Ramaphosa on the death of the country’s former president Frederick de Klerk. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and HH Sheikh Mohamed bin ...
Read More » -
18 November
GMIS to host three country-focused conferences to foster innovation
DUBAI / WAM The Global Manufacturing and Industrialisation Summit (GMIS) on Wednesday announced that it will host three country-focused conferences in partnership with the United Kingdom, Australia and Italy. The summit will highlight the main drivers of development in manufacturing, encourage greater cross-border investment, foster innovation, and drive global skills development. The conferences will draw on global leaders from government ...
Read More » -
18 November
Dubai Airshow: UAE Armed Forces ink AED22bn deals
DUBAI / WAM On the fourth day of the Dubai Airshow 2021, the Ministry of Defence announced the conclusion of seven deals worth AED1,742,429,000.00 with local and international companies. This brings the total deals concluded during the first four days to 23 deals, with a total value of AED22, 523,874,000.00. The deals of the first day amounted to AED5,239,207,000.00, the ...
Read More » -
18 November
Edge renews its contract with Stelia Aerospace
DUBAI / WAM Edge Group entity, EPI, the precision engineering backbone of UAE’s aerospace and defence industry, on Wednesday announced renewal of its longstanding partnership with Airbus subsidiary Stelia Aerospace, to manufacture high-quality precision engineered metallic aircraft components for A320, A330 and A340 families. The signed contract renewal testifies to the synergies the two companies have shared in past and ...
Read More » -
18 November
Etihad wins Virgin Australia 737 maintenance contract
ABU DHABI / WAM Etihad Engineering, one of the world’s leading aircraft maintenance, repair, and overhaul (MRO) services provider based in Abu Dhabi, has been awarded a heavy maintenance contract by Virgin Australia for its Boeing 737 fleet. The scope of the contract covers heavy maintenance and modifications on more than 30 nose to tail aircraft for the largest airline ...
Read More » -
18 November
Abu Dhabi’s Adnoc, Taqa form global green energy venture
ABU DHABI / WAM His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and Chairman of the Executive Committee of the Board of Directors of Abu Dhabi National Oil Company (Adnoc), on Wednesday launched a new global renewable energy and green hydrogen venture between Adnoc ...
Read More » -
18 November
Sheikh Zayed Heritage Festival begins today
ABU DHABI / WAM The Sheikh Zayed Heritage Festival, named after the late Sheikh Zayed bin Sultan Al Nahyan, founding father of the United Arab Emirates, will welcome visitors from all over the world for a memorable experience to discover the culture and heritage of the UAE through its arts, crafts, gastronomy and customs. The festival, which kicks off Thursday ...
Read More » -
18 November
UAE, Russia ink deal to bolster collaboration in hydrogen tech
Abu Dhabi / WAM The UAE Ministry of Industry and Advanced Technology (MoIAT) signed a memorandum of understanding (MoU) with the Ministry of Industry and Trade of the Russian Federation to bolster industrial collaboration in hydrogen fuel technology. In line with their common objective to develop sustainable and reduced or emission-free energy sources, as well as achieve a carbon neutral ...
Read More »