ADFD backs AI industries to enhance UAE’s global standing in advanced technology
In a bid to strengthen the UAE’s standing as a global hub for advanced technology, a delegation from the Abu Dhabi Fund (ADFD) for Development and the Abu Dhabi Exports Office (ADEX) recently visited the Abu Dhabi-based artificial intelligence and cloud computing technology holding company, G42. The delegation discussed the joint strategic cooperation and […]
Underwater exhibits, one-of-a-kind museum: Dubai’s newest family-friendly attraction to open its doors on April 18
Dubai Crocodile Park, a unique experience designed to give guests an awe-inspiring look into the life of crocodiles, will open its doors to the public on April 18, 2023. Home to 250 Nile crocodiles of all ages, from babies to huge adults, the 20,000sqm facility specially designed for their comfort fosters an optimal environment, including […]
How Sheikh Mohammed helped Japanese trainer Takagi realise his Dubai World Cup dream
When a relatively young assistant trainer named Noboru Takagi was offered a scholarship by one of the most influential men in the world of horse racing, little did he know that in the future it would lead him to the biggest success of his career. In 1994, Takagi was chosen to join a unique initiative […]
Dubai records over $327mln in realty transactions Wednesday
Dubai real estate market recorded 440 sales transactions worth AED1.1 billion, in addition to 93 mortgage deals of AED153.86 million, and 12 gift deals amounting to AED25.55 million on Wednesday, data released by Dubai’s Land Department (DLD) showed. The sales included 401 villas and apartments worth AED778.34 million, and 39 land plots worth AED320.23 billion. […]
Presidents of UAE, Egypt review bilateral relations, regional developments
CAIRO: President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Egyptian President Abdel Fattah El Sisi held discussions today aimed at further strengthening bilateral ties between the two nations. During a meeting at the Ittihadiya Presidential Palace in Cairo, the two leaders addressed a number of issues of interest and exchanged views on the […]
UAE’s Masdar acquires 50% stake in US project from EDF Renewables
State-owned Masdar, the UAE’s biggest renewables company, has completed the acquisition of a 50% stake in a combined solar and battery storage project in California. In a statement issued by the Abu Dhabi-based operator on Wednesday, the financial details of the deal were not disclosed. The stake in the Big Beau project, which was first […]
Abu Dhabi’s TAQA establishes green finance framework
Abu Dhabi-listed energy and utilities company TAQA is establishing a green finance framework to issue green bonds, sukuks, loans and other debt instruments, to contribute to its ESG targets and the UAE’s Net Zero by 2050 ambitions. The company said in a statement that proceeds will go to eligible green projects, including renewable energy, energy […]
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, […]
DC Aviation Al-Futtaim expands managed fleet
DC Aviation Al-Futtaim (DCAF), a leading business aviation services provider, has expanded its fleet under management with the addition of two aircraft – a Bombardier Global 6000 and Global 5000. DCAF will operate the new aircraft on behalf of the private owners. The addition of these aircraft brings DCAF’s total number of managed aircraft to […]
EGA joins Australia-based research centre to collaborate on decarbonisation of alumina refining
Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, has joined Australian research centre HILT CRC to support study into the decarbonisation of alumina refining. HILT CRC (Heavy Industry Low-carbon Transition Cooperative Research Centre) is working on technological breakthroughs in the decarbonisation of the steel, iron, alumina and cement industries. […]