Dubai’s Museum of Future to host annual ‘Machines Can See’ summit
The magnificent Dubai Museum of the Future will host the annual international ‘Machines Can See’ summit to explore the future of computer vision and machine learning. With the support of the Ministry for Artificial Intelligence, Digital Economy and Remote Work Applications, and Dubai’s Department of Economy and Tourism, the event scheduled for 2nd May 2023, […]
Emirates Stallions Group to sell stake in WFC Holding LLC
Abu Dhabi-listed Emirates Stallions Group (ESG) will seek shareholder approval to sell its share in subsidiary WFC Holding LLC for AED 314.58 million ($85.6 million). The company announced in a bourse filing to Abu Dhabi Securities Exchange (ADX) that it intends to sell its share to Reach Global Services Holding 1 SPV and one of […]
President of UAE exchanges Ramadan greetings with Arab heads of state
President His Highness Sheikh Mohamed bin Zayed Al Nahyan today exchanged Ramadan greetings with a number of Arab heads of state. This came over phone calls with King Hamad bin Isa Al Khalifa of Bahrain; King Abdullah II bin Al Hussein of Jordan; Egyptian President Abdul Fatah el-Sisi; and President of Tunisia Kais Saied. […]
UAE: Dnata Catering boosts its presence in Australia
dnata, a leading global air and travel services provider, has expanded its retail catering footprint in Australia, by winning a multi-year contract with the country’s newest airline Bonza to support its operations and services – including the delivery of the airline’s on-demand 100 percent Australian menu. dnata said its global experience and comprehensive, […]
Abu Dhabi-based Borouge’s new polyolefins complex in Ruwais to start operations in 2025
Abu Dhabi-based Borouge has said that its ‘Borouge 4’ polyolefins complex in Ruwais is set to begin operations in 2025 and work is progressing as planned. Borouge manages the project, which is co-owned by UAE’s ADNOC and Austria’s Borealis, the company said in a statement. The complex will add 1.4 million tonnes of polyethylene capacity, […]
Over 70% units of St Regis residential tower in Dubai sold out
UAE brokerage Driven Properties has announced that it has received an overwhelming response from investors for its 232-unit residential tower – St Regis Residences, Financial Center Road, Dubai – with 70% of all the units sold out within the first hour of its launch, netting over AED1 billion ($272.2 million) in sales. The event was […]
EDGE to establish joint research and development centre
EDGE’s GradeOne, a defense trading specialist concentrating in manufacturing non-lethal pyrotechnics, ammunition, defense-related components and packing solutions, signed a Memorandum of Understanding (MoU) with UAVOS, a developer and manufacturer of advanced unmanned systems, to create a joint research and development, production and commercialisation centre for autonomous solutions and weapon systems. As per the MoU, […]
UAE’s Jaber urges Big Oil to join fight against climate change
A top oil executive from the United Arab Emirates on Monday urged the energy industry to join the fight against climate change, borrowing a famous line from a U.S. astronaut aboard a damaged spacecraft during the Apollo 13 mission in 1970. “Houston, we have a problem,” Sultan al-Jaber, chief executive of Abu Dhabi National […]
Egypt mulls cooperation with AD Ports to develop logistics areas, ports
Abu Dhabi Ports Group (AD Ports Group) is looking forward to boosting cooperation with Egypt, particularly in the development of logistics areas and ports, according to a statement by the Presidency’s Spokesman on March 5th. This came during a meeting between Egyptian President Abdel Fattah El-Sisi and CEO of AD Ports Group Mohamed Al Shamisi. […]
Dubai property market may break more records in 2023
Many people were of the view that the rising interest rate is a threat to Dubai real estate. There were no major effects noticed in this regard in 2022. There comes a stagnant period after a continuous streak of highs, where the growth stops, and things start to go downwards. This is something the Dubai […]