September 29, 2023

UAE’s EDGE Group Acquires 50% Stake in Brazilian SIATT, Paving the Way for Advanced Defence Collaboration

The UAE’s EDGE Group, a global leader in advanced technology and defense solutions, has announced its acquisition of a 50% stake in SIATT, a Brazilian specialist in smart weapons and high-tech systems. The official signing of the acquisition deal took place at SIATT’s headquarters in São José dos Campos, with Faisal Al Bannai, Chairman of […]

September 29, 2023

Mariam Almheiri Urges GCC Agriculture Ministers to Sign Emirates Declaration on Resilient Food Systems, Sustainable Agriculture, and Climate Action

Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, has called upon the ministers of agriculture from Gulf Cooperation Council (GCC) nations to endorse the Emirates Declaration on Resilient Food Systems, Sustainable Agriculture, and Climate Action. She emphasized the importance of supporting the UAE’s efforts to strengthen food systems, mitigate climate change, reduce […]

September 29, 2023

Emirates Jewellers’ Pavilion Shines with Exceptional Collections at the Watch & Jewellery Middle East Show

Emirati designers participating in the 52nd edition of the Watch & Jewellery Middle East Show have captivated visitors with their innovative and distinctive collections displayed at the “Emirates Jewellers” pavilion. This prestigious event, held at the Expo Centre Sharjah and supported by the Sharjah Chamber of Commerce and Industry (SCCI), will continue to run until […]

September 29, 2023

ADAFSA Initiates Comprehensive Strategy to Combat Food Loss and Waste

The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) is reinforcing its commitment to agricultural and food sustainability in the Emirate of Abu Dhabi by launching a comprehensive strategy aimed at reducing food loss and waste (FLW) and enhancing production chain efficiency. On the occasion of the World Day of Awareness on Food Loss and […]

September 28, 2023

Over 100 UK Companies Set to Showcase Innovations at ADIPEC 2023

The Energy Industries Council (EIC), a leading energy trade association, has confirmed its participation in the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC) 2023, where it will host the UK Pavilion. This year’s ADIPEC, scheduled to take place from the 2nd to the 5th of October in Abu Dhabi, marks the 20th anniversary of EIC’s […]

September 28, 2023

H.H. Sheikh Khaled bin Mohamed bin Zayed Chairs ADNOC Executive Committee Meeting, Focuses on Carbon Management Strategy

In a significant meeting held at the Abu Dhabi National Oil Company (ADNOC) headquarters, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, led the Executive Committee of ADNOC’s Board of Directors. The session, held to oversee ADNOC’s key initiatives, saw discussions […]

September 27, 2023

AstraZeneca Unveils State-of-the-Art Sustainable Offices at Dubai Science Park

Dubai, UAE – AstraZeneca, a global leader in healthcare, celebrated the inauguration of its cutting-edge sustainable offices located within Dubai Science Park, a subsidiary of Tecom Group PJSC. These newly unveiled offices represent a significant milestone in AstraZeneca’s commitment to reducing its carbon footprint in the UAE and supporting the transition towards sustainable healthcare. This […]

September 27, 2023

Dubai Successfully Reduces Public Debt by Dh29 Billion, Ensuring Fiscal Stability

Dubai, UAE – In a significant financial achievement, the Dubai government has announced a reduction of approximately Dh29 billion in its public debt by the end of this year. This accomplishment includes a partial settlement of Dh20 billion of a loan extended by the Abu Dhabi government and the Central Bank of the UAE. The […]

September 27, 2023

Presight Partners with QMM as Liquidity Provider to Bolster ADX Trading

Presight AI Holding PLC (ADX: PRESIGHT), a regional leader in big data analytics powered by generative AI, has appointed Q Market Maker (QMM) as its Liquidity Provider for Presight shares traded on the Abu Dhabi Securities Exchange (ADX). Under the liquidity provision agreement signed between the two entities, QMM will commence providing liquidity to PRESIGHT […]

September 27, 2023

UAE Economy Set to Expand: S&P Forecasts 3% Growth in 2023, 4% in 2024

The United Arab Emirates’ economy is poised for growth, with S&P projecting a 3% expansion in 2023, followed by a 4% growth rate in 2024. The driving force behind this economic upturn is expected to be the non-oil sector, which will benefit from robust growth in tourism, government initiatives, and technological advancements, according to analysts […]

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