INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

EDGE signs MoU with MBRSC

MBRSC Director-General said that the UAE's journey in space technology is fostering growth in multiple sectors.
  • The agreement exemplifies the strength of local partnerships in the UAE.
  • It underlines EDGE's commitment to expand its expertise into the space sector.

ABU DHABI, UAE – EDGE, an advanced technology and defense group, has signed a Memorandum of Understanding (MoU) with the Mohammed Bin Rashid Space Center (MBRSC).

This agreement establishes a collaborative framework for knowledge and data sharing, underlining EDGE’s commitment to expanding its expertise into the space sector and exemplifying the strength of local partnerships in the UAE.

Salem Humaid AlMarri, Director-General of MBRSC, said, “The UAE’s journey in space technology is rapidly advancing, breaking new grounds in tackling diverse challenges and fostering growth in multiple sectors.”

He said, “At MBRSC, our relentless pursuit has always been to solidify the UAE’s position as a leader in the space arena, both regionally and globally. This partnership with EDGE is in perfect harmony with our vision, underlining our commitment to exploring new frontiers in the burgeoning space economy.”

He added, “We’re dedicated to leveraging every opportunity that propels us forward in this dynamic and ever-evolving field.”

Waleid Al Mesmari, Senior Vice President – Space Cyber Technologies, EDGE, said, “Joining forces with MBRSC represents a significant milestone for EDGE as we embark on our journey into the space domain.”

He said, “The collaboration aligns with our strategy to evolve into a notable contributor to the space industry, leveraging the profound capabilities and data insights from MBRSC’s advanced space programs.”