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ABU DHABI / WAM The UAE Space Agency (UAESA) and the Emirates Defence Companies Council (EDCC) signed a Memorandum of Understanding (MoU) to collaborate on identifying and fostering business opportunities within the aerospace and defense sectors. The MoU was signed on the margins of the ‘Make it in the Emirates’ Forum, currently underway in Abu Dhabi. It was signed by ...

ABU DHABI/ WAM Abu Dhabi Securities Exchange (ADX) welcomed the listing of the Chimera S&P Japan UCITS ETF. This marks the first ETF tracking Japanese equities to be launched on ADX. Managed by Abu Dhabi-based investment management firm Lunate Capital LTD, the ETF replicates the performance of the S&P Japan BMI Liquid 35/20 Capped Index. The ETF tracks the 30 ...

TOKYO / WAM US Treasury yields pushed to a near four-week peak on Wednesday, lifting their Asia-Pacific counterparts and the dollar while pressuring equities, as data sowed new doubts about the timing and extent of Federal Reserve rate cuts, Reuters reported. Crude oil rose for a fourth day to reach a four-week high. Benchmark US 10-year yields ticked up as ...

ABU DHABI / AD MEDIA OFFICE Abu Dhabi’s Al Dhafra Region Municipality has achieved a place in the Guinness World Records with the tallest landmark sign for the Liwa board. The landmark is officially recognised as the world’s largest sign with a height of 221 metres and a weight of 49 tonnes. Situated 197 metres above sea level on a ...

ABU DHABI / WAM Eshraq Investments announced the launch of its refreshed corporate strategy. Over five years, with acquisitions expected to be executed as early as 2024, Eshraq will build direct private equity capabilities and exposure, while transitioning legacy portfolio assets. Under the refreshed strategy, Eshraq intends to control its destiny by focusing on directly held private equity investments, complemented ...

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has called on all pilgrims heading to Saudi Arabia for Hajj to take the flu jab and receive all necessary vaccinations. MoHAP advised to take all required basic doses at least 15 days before travelling to ensure the vaccine’s effectiveness and provide sufficient immunity for prevention. Pilgrims are also urged ...

ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) signed a pivotal collaborative agreement with the Technology Innovation Institute, to build 3D maps of the nation’s natural resources, a crucial step towards supporting sustainable development and the discovery of mineral resources and renewables such as geothermal energy. The Technology Innovation Institute (TII) is a global scientific research centre ...

SEOUL / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with a number of Emirati students studying at Korean universities and institutes as part of his state visit to the Republic of Korea. During the meeting in Seoul, His Highness heard from students about their academic specialisations and progress, engaging in friendly conversation. He encouraged them ...

SEOUL/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met with two business delegations comprising major Korean companies and entrepreneurs as part of his state visit to the Republic of Korea. His Highness engaged in conversation with the Korean delegations about the growth of their companies and listened to them discuss the various industries in which they ...

SEOUL/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met with His Excellency President Yoon Suk Yeol of the Republic of Korea and First Lady Kim Keon-hee, who welcomed His Highness and expressed their pleasure at meeting him and H.H. Sheikha Mariam bint Mohamed bin Zayed Al Nahyan, Deputy Chairperson of the Presidential Court for National Projects, ...