OZON Pharmaceuticals has signed a “musataha agreement” to establish a manufacturing facility spanning 150,700 sq.ft. at Dubai Industrial City, the region’s leading industrial and logistics hub.
Month: August 2024
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CBUAE, Dubai Courts sign MoU to link electronic services
The Central Bank of the UAE (CBUAE) and the Dubai Courts have signed a Memorandum of Understanding (MoU) aimed at linking electronic services related to the execution of judgments, orders, and decisions issued by the Dubai Courts through the Central Bank's court cases management system.
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Gross banks’ assets saw AED418 billion YoY increase in May 2024: CBUAE
Gross banks’ assets, including bankers’ acceptances, rose by over 10.8 percent year-on-year (YoY), equivalent to AED418.1 billion, reaching AED4.287 trillion, compared to AED3.869 trillion in May 2023, according to the May figures issued by the Central Bank of the UAE (CBUAE).
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Vertiv, Gulf Data Hub partner to deploy 16MW data centre in Dubai Silicon Oasis
Vertiv, a global provider of critical digital infrastructure and continuity solutions, and Gulf Data Hub (GDH), a leader in colocation services and data centre solutions, announced details surrounding their transformational multi-year data centre collaboration project at a facility dedicated to advancing biotechnological research and renewable energy generation in Dubai, UAE.
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Under directives of UAE President, UAE dispatches aid plane to Philippines in response to Typhoon Carina
Following the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and as part of the UAE’s continuous humanitarian efforts to support all countries during times of need, the UAE has dispatched a plane carrying relief aid to the Philippines in response to landslides and floods caused by Typhoon Carina, which resulted in loss of life and severe damage to property.