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Rakez inks pact with Manufacturers’ Association of Israel to boost cooperation

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) has taken a significant step towards expanding economic cooperation between the UAE and Israel by signing a Memorandum of Understanding (MoU) with the Manufacturers’ Association of Israel (MAI). The agreement was signed by Chief Government and Corporate Relations Officer of Rakez, Yaser Abdulla Al Ahmed, and Deputy CEO of ...

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Palms Sports sets pace for H2 with AED300m new business acquisition

ABU DHABI / WAM Palms Sports, the prominent regional sports management company and the largest mass Jiu-Jitsu training provider in the world, a subsidiary of International Holding Company (IHC), has revealed on Wednesday its complete acquisition of Securiguard Middle East, a specialised firm offering security services across diverse sectors. The acquisition, which amounts to AED 300 million, highlights Palms Sports’ ...

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Mubadala invests in CoolIT Systems alongside KKR

ABU DHABI / WAM Mubadala Investment Company has announced that it invested alongside investment funds managed by KKR, a leading global investment firm, in the acquisition of CoolIT Systems (CoolIT), which was announced on May 2. Headquartered in Calgary, Canada, with operations across North America, China and Taiwan, CoolIT specialises in scalable liquid cooling solutions for the world’s most demanding ...

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AJP Tour UAE National Jiu-Jitsu Championship to begin in Abu Dhabi

ABU DHABI / WAM The AJP Tour UAE National Jiu-Jitsu Championship 2023 is all set to kick off on Friday, at the Mubadala Arena in Abu Dhabi, promising an action-packed weekend for athletes and fans. Organised by the UAE Jiu-Jitsu Federation (UAEJJF) in collaboration with the Abu Dhabi Jiu-Jitsu Pro (AJP), the event will bring together hundreds of athletes from ...

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MBZUAI, Etihad join forces to harness power of AI in aviation

ABU DHABI / WAM Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and Etihad Airways have signed a Memorandum of Understanding (MoU) to jointly develop initiatives and conduct research into how AI could transform key aspects of the nation’s integral aviation sector. The move aligns with the university’s commitment to enhancing AI competitiveness across vital sectors, including aviation and logistics ...

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ZHO announces Deaf Youth Council formation

ABU DHABI / WAM The Zayed Higher Organisation for People of Determination (ZHO), in collaboration with the UAE Deaf Association, has announced the establishment of the Deaf Youth Council, marking a significant milestone in empowering people of determination and showcasing their immense capabilities and potential in contributing to societal growth and development. The formation of the Deaf Youth Council aligns ...

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UAE leaders congratulate President of Venezuela on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Nicolas Maduro of the Bolivarian Republic of Venezuela on his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour ...

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Abu Dhabi Crown Prince launches Childhood Insights Lab

ABU DHABI / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has launched the Childhood Insights Lab in Abu Dhabi in the presence of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Abu Dhabi Early Childhood Authority. The pioneering new ...

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Al Mazrouei reveals details of updated UAE Energy Strategy 2050

ABU DHABI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, on Tuesday revealed the details of the updated version of the UAE Energy Strategy 2050 and the development of the National Hydrogen Strategy that were approved by the UAE Cabinet to enhance the country’s efforts to meet its climate and net-zero commitments by 2050. In a ...

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Under directives of UAE President, UAE to establish field hospital in Chad

ABU DHABI / WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE has begun to build a field hospital in the Chadian city of Amdjarass to support Sudanese refugees. The Ministry of Foreign Affairs announced that the establishment of the field hospital, with a contribution from the Khalifa Bin Zayed Al Nahyan Foundation, ...

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