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Abu Dhabi / WAM Tawazun Council, the independent government entity that works closely with the Ministry of Defence and security agencies to maximise value through acquisition systems, announced signing of 11 deals with local and international companies on day one of the International Defence Exhibition (Idex) and the Naval Defence Exhibition (Navdex) 2023, cumulatively worth AED4.5 billion. Zayed Saeed Al ...

Dubai / WAM Dubai International Financial Centre (DIFC) continued to grow at a record-breaking pace in 2022 with the number of active registered companies rising 20 percent from 3,644 in 2021 to 4,377 in 2022. New companies registered in DIFC in 2022 surpassed the annual milestone of 1,000 for the first time in the centre’s history with 2022 seeing a ...

  Abu Dhabi / WAM Edge group on Monday signed a major €1 billion ($1.07 billion) milestone contract which will see leading shipbuilder Abu Dhabi Ship Building (ADSB) build a fleet of best-in-class 71-metre corvettes for the Angolan Navy. The BR71 MKII corvette is a highly sophisticated vessel fitted with advanced mission systems, including a 3D radar, electronic warfare suite, ...

  Abu Dhabi / WAM The Joint Operations Command of the Ministry of Defence has announced the completion of the search and rescue missions as part of the “Gallant Knight / 2” operation in Türkiye. The announcement follows the Turkish Disaster and Emergency Management Authority (Afad) announcing the completion of its search and rescue operations. The Emirati search and rescue ...

  Abu Dhabi / WAM The Abu Dhabi Economic Summit, set to take place on February 28, will bring together experts from the worlds of government, business, finance and technology to explore new frontiers of growth. The summit is hosted by the Abu Dhabi Department of Economic Development (Added) and organised by Economist Impact Taking place under the theme “Looking ...

  Abu Dhabi / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has announced its participation in the 27th edition of the Muscat International Book Fair. The event will be held in the Omani capital from February 22 to March 4, with the participation of 826 ...

  Abu Dhabi / Gulf Time Under the patronage of Sheikh Mohammed bin Sultan bin Khalifa Al Nahyan, Chairman of the Board of Directors of the Abu Dhabi Marine Sports Club, the “UAE MotoSurf Championship” is scheduled to be held on March 18, 2023 in “Al Qana”, the unique waterfront located at the gateway of Abu Dhabi and considered one ...

Bloomberg United Airlines Holdings Inc. has delayed plans to add extra US-China flights by at least six months, according to a person with knowledge of the matter, as the two nations remain deadlocked over lifting Covid flight caps. The increase in flights was originally slated to start late next month, but the move was postponed over the weekend, said the ...

  Bloomberg Mauritius’s only international airport and its stock exchange remained closed on Monday as tropical cyclone Freddy threatened the tourism-dependent island nation, according to statements from the respective operators. The storm at the weekend strengthened to a very intense tropical cyclone, according to Meteo France, with wind gusts near its center of about 300 kilometers per hour, making it ...

Bloomberg Airbus SE’s plans to ramp up production of its Eurofighter aircraft and other key weapons systems are being held back because governments aren’t committing to orders, the head of its defense unit said. Michael Schoellhorn, the chief executive officer of Airbus Defence and Space, said he expects an uptick in orders for jets, drones and space-based products in the ...