UAE: EDGE signs major $1.07bln milestone deal with Angolan Navy
EDGE Group today signed a major €1 billion (US$1.07) milestone contract which will see leading shipbuilder Abu Dhabi Ship Building (ADSB) build a fleet of best-in-class 71-metre corvettes […]
UAE’s TAQA, France’s Engie sign deal with EWEC for water desalination plant
Abu Dhabi National Energy Company, also known as TAQA, and French multinational utility firm Engie, have signed an agreement with Emirates Water and Electricity Company for the development of a […]
AstraZeneca to move to Tecom Group’s Dubai Science Park
AstraZeneca has announced plans to construct sustainable offices at Dubai Science Park, a member of Tecom Group PJSC. Set to open in Q3 2023, the move is part of […]
Tadweer, LanzaTech to explore collaboration on conversion of waste to alternative fuels
The Abu Dhabi Waste Management Company (Tadweer) and LanzaTech NZ, Inc., an innovative Carbon Capture and Transformation company, today announced a collaboration to explore business opportunities to develop a […]
Abu Dhabi’s defence firm EDGE acquires majority stake in Estonia’s Milrem Robotics
Abu Dhabi state-backed defence conglomerate EDGE has acquired a majority stake in Estonia-based Milrem Robotics, a developer of robotics and autonomous systems that are sold to NATO member countries. The […]
ADFD, UNIDO discuss joint efforts to drive sustainable development
Mohamed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development and Chairman of the Exports Executive Committee of the Abu Dhabi Exports Office (ADEX), has met Gerd Müller, […]
UAE, US companies to jointly explore conversion of waste to alternative fuels
US-based carbon capture and transformation firm LanzaTech NZ (LanzaTech) and Abu Dhabi Waste Management Company (Tadweer) will jointly explore business opportunities to develop a large-scale conversion plant for transforming solid […]
UAE’s ADNOC to pilot carbon mineralising project in Fujairah
Abu Dhabi National Oil Company (ADNOC) has partnered with Fujairah Natural Resources Corporation (FNRC), Abu Dhabi Future Energy Company (Masdar) and Omani environmental organization 44.01 to pilot technology that […]
Dubai rents to rise further in 2023 due to strong demand, limited supply
Property investors in Dubai can expect higher rental yields this year due to supply constraints and strong demand, according to a new report from Better homes. The real […]
Dubai Financial Services Authority unveils business plan for 2023-24
Dubai Financial Services Authority (DFSA) has unveiled its Business Plan for 2023-24, encapsulated within four strategic themes developed to foster an enabling environment for firms as Dubai and the UAE […]