Abu Dhabi & Europe forge air connectivity deal to promote tourism
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has struck a Memorandum of Understanding (MoU) with Franco-Dutch airline Group Air France-KLM, forging a strategic partnership that will enhance connectivity between Abu Dhabi and Europe further positioning the emirate as a preferred tourist destination. The signing ceremony was held at the Louvre […]
Safe Haven Solutions to build high-tech greenhouse at ADQ’s AgTech Park
ADQ, an Abu Dhabi-based investment and holding company, has partnered with Safe Haven Solutions, a Netherlands-based climate-smart agriculture solution provider, to construct a high-tech greenhouse at ADQ’s AgTech Park in KEZAD. The automated 10-hectare facility will leverage advanced agricultural technology to increase sustainable food production in the UAE. Designed to be sustainability-focused, the greenhouse facility […]
GL Holding & UMS agree to launch renewable energy projects in UAE
Global Links Holding (GLH), an Abu Dhabi-based Investors group, has signed a partnership agreement with Urban Mobility Systems (UMS), a leading Dutch company in the green energy sector, to launch a series of renewable energy projects in the UAE. This series of projects will start with the establishment of a factory specialized in developing and […]
Black Cobra signs MoU with OSTIM to bolster defense & aerospace sectors
Abu Dhabi-based tactical gear manufacturer, Black Cobra Military Supplies (BCMS) has signed a Memorandum of Understanding (MOU) with OSTIM Defense and Aerospace Cluster in Ankara (OSSA), Republic of Turkey, to create significant opportunities for growth and innovation in the defense and aerospace sectors. The MoU further intends to foster advancements in technology and promote cooperation […]
KEZAD & Al Jazeera Steel breaks ground for Abu Dhabi’s 1st rolling mill
Khalifa Economic Zones Abu Dhabi (KEZAD Group), the integrated trade, logistics and industrial hub of Abu Dhabi, and Al Jazeera Steel Products Co, has held the groundbreaking ceremony of the region’s first Rolling Mill with Rail production capability in Abu Dhabi. The groundbreaking marks the beginning of a new era of industrial development in the […]
ADGM’s FSRA grants financial services permission to crypto exchange Rain
Cryptocurrency exchange platform Rain has been granted Financial Services Permission (FSP) by Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) in order to operate a regulated virtual assets brokerage and custody service in the ADGM. The FSP will cement Rain’s position as one of the leading regulated virtual assets trading platforms in the […]
UAE allots $100m to support countries affected by ‘irregular migration’
The UAE has allocated $100m (Dhs367m) to support development projects in countries affected by irregular immigration, including backing initiatives proposed in the Rome Process. The announcement was made by UAE’s President Sheikh Mohamed bin Zayed Al Nahyan at the International Conference on Development and Migration in Rome on Sunday, according to state news agency WAM. […]
UAE chases 7% growth to double economy to over $800bn
The United Arab Emirates is looking to accelerate economic growth as it seeks to double its gross domestic product to over $800b by the end of the decade. “The focus is to grow by 7 per cent,” Abdulla bin Touq Al Marri, the country’s economy minister, said in an interview with Bloomberg Television. “We need […]
UAE, Japan sign 23 deals during PM Kishida’s visit to Abu Dhabi
The UAE and Japan have inked 23 agreements and memoranda of understanding (MoUs) during the UAE-Japan Business Forum, which was held today. The agreements aim to bolster economic, trade and investment ties between the two countries in the fields of energy, industry, advanced technology, artificial intelligence, space, health, transport, environmental conservation and circular economy. […]
UAE: ZHO inaugurates cheese factory under ‘Make it in the Emirates’ slogan
Zayed Higher Organisation for People of Determination (ZHO) inaugurated a factory to produce cheese and its derivatives at its People of Determination Production Centre in Bahia, Abu Dhabi. This remarkable achievement establishes ZHO as a distinguished economic entity, made possible through the collaboration of five talented young Emirati individuals with determination. These individuals, who are […]