KEZAD commissions new natural gas network for clients
Khalifa Economic Zones Abu Dhabi – KEZAD Group has commissioned a new natural gas network having 311,100 MMBTU/Day capacity in KEZAD Area A – Al Ma’mourah. The new natural gas network has been developed by the KEZAD Group subsidiary, KEZAD Utilities & Facilities Management Company, in three phases with a capital investment of around Dh300 […]
Statistics Centre – Abu Dhabi reports 3.3% increase in Abu Dhabi’s GDP in Q1 2024
The Statistics Centre – Abu Dhabi (SCAD) has announced statistical estimates revealing the growth of Abu Dhabi’s gross domestic product (GDP) by 3.3 per cent during the first quarter of 2024 compared to the first quarter of 2023. This growth is attributed to the positive performance of non-oil economic activities. Estimates indicate that non-oil GDP […]
AURAK joins regional study on smart traffic and transportation technology
The American University of Ras Al Khaimah (AURAK) participated in conducting a study on Vehicular Ad-hoc Networks (VANETs) in cooperation with researchers from three Middle Eastern universities. The study focused on Intelligent Transportation Systems (ITS) powered by 5G and the Internet of Things (IoT), which are poised to take smart traffic management to the next […]
EGA completes design phase of next generation smelting technology, readies pilot reduction cells
Emirates Global Aluminium (EGA) announced on Tuesday the completion of the design phase of the company’s next generation smelting technology, EX. EGA intends to construct ten pilot EX reduction cells at the company’s aluminium smelter in Al Taweelah to test and validate performance. The target is that EX is ready for full industrialisation by 2028. […]
The future of NATO under Washington’s political landscape
The recent NATO summit in Washington concluded with a mix of progress and disappointment, particularly concerning the developments in the war in Ukraine and Kyiv’s membership aspirations. While no specific timetable was established for Ukraine’s accession, NATO reaffirmed its “irreversible” path towards membership. Although this step does not guarantee immediate joining, it offers a potential […]
UAE retail investors choose AI over Big Tech
UAE retail investors continue to rally behind AI while Big Tech and pharma stocks lose momentum, finds the latest quarterly stocks data from trading and investing platform eToro. eToro looked at which companies saw the biggest proportionate change in holders, quarter-on-quarter on its platform, while also looking at the 10 most held stocks in the […]