EDGE bags another big order
The group will supply 200 unmanned helicopters to UAE defense ministry.Company News Business
US approves inspection program to return Boeing 737 MAX to service
The FAA announcement is a major step after the agency grounded 171 MAX 9 planes after the January 5 incident...Business
DP World exhibits petrochemical hub at Supply Chain Conference
Valued at AED21.4 billion, DP World UAE’s petrochemical hub accounts for 60 percent of Dubai’s total trade value in the...Valued at AED21.4 billion, DP World UAE’s petrochemical hub accounts for 60 percent of Dubai’s total trade value in the sector
Jebel Ali Free Zone (Jafza) alone supports 4,100 port customers and is home to 565 companies from the petrochemicals sector
Emirates NBD, RSA sign agreement
The bank will distribute RSA Middle East's insurance products.The partnership will help increase insurance penetration in the region by providing customers with accessible general insurance solutions, the two firms said in a statement.
The partnership will also focus on customer education and building awareness on the importance of insurance and its living benefits in everyday life, the statement added.
Dubai records $1.96 billion in weeklong real estate transactions
A total of 2,043 real estate transactions worth AED 7.2 billion ($1.96 billion) were conducted during the week ending 20...A total of 228 plots were sold for AED1.14 billion, while 1,328 apartments and villas were sold for AED3.58 billion.
The amount of mortgaged properties for the week was AED2.28 billion, with the highest being a land in Al Muteena, mortgaged for AED 461 million.
Australian businesses in UAE grew six fold since 2004: Governor General
Australian businesses in the UAE grew six fold and the number of Australians in the Emirates nearly four fold since...The number of Australians rose from 4,000 in 2004 to around 15,000 in 2022, said David Hurley.
Wollongong University opened the first Australian international university in Dubai and other universities followed the suit, he said.
Dubai sees increased trade through commercial wooden dhows in Q1
Dhows coming from outside the country have been given direct access to local markets, including through Deira Wharfage and Al...Dhows coming from outside the country have been given direct access to local markets, including through Deira Wharfage and Al Hamriyah Port.
This has been done to implement the directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai
Airports enhancing technology to thwart threats: Brigadier Alameri
In the face of security threats, airport authorities are enhancing technology-based end-to-end solutions in order to detect and mitigate security...Brigadier Alameri said, "technology and old methods like K9 are playing key role in security and detection of explosives or drugs around the airports
Buti Ahmed Qurwash, Vice President Security, Dubai Airports, focused on the recent critical development in airport security that are being rolled out across airports globally
Abu Dhabi National Oil Company announces three new oil finds
Abu Dhabi-based group said the 500 million barrels of oil were discovered at Bu Hasa, Abu Dhabi's largest onshore field.Abu Dhabi-based group said the 500 million barrels of oil were discovered at Bu Hasa, Abu Dhabi's largest onshore field
The second oil find was in Abu Dhabi’s Onshore Block 3, operated by Occidental, with around 100 million barrels of oil in place
Vintage Mercedes sold for $143m at auction
A 1955 Mercedes-Benz, one of only two of its kind, was auctioned off earlier this month for a whopping $143...The Mercedes-Benz 300 SLR Uhlenhaut was sold to a private collector, the classic car auction company said in a statement
The car is one of just two prototypes built by the Mercedes-Benz racing department and is named after its creator and chief engineer, Rudolf Uhlenhaut
IEA calls on G7 to be ‘first movers’ in lowering CO2 emissions
The International Energy Agency (IEA) has said that G7 economies are well placed to be first movers on driving down...The IEA believes that the richest nations can set out a path for the rest of the world for this essential part of the transition to clean energy systems
G7 members account for around 40% of the global economy, 30% of energy demand and 25% of energy system CO2 emissions
Hive mind: Tunisia beekeepers abuzz over early warning system
In Tunisia the beehive sector employs some 13,000 people and produces some 2,800 tonnes of honey.In Tunisia the beehive sector employs some 13,000 people and produces some 2,800 tonnes of honey
The SmartBee app offers more than an early warning system and the data it collects also tells beekeepers about the productivity of each hive
