Bayanat AI PLC (ADX: BAYANAT), a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company PJSC (ADX: Yahsat), the UAE’s flagship satellite solutions provider, today announced the successful launch of their first Low Earth Orbit (LEO) Synthetic Aperture Radar (SAR) satellite into orbit on August 16, 2024, in partnership with ICEYE, a pioneer in SAR satellite operations for earth observation, persistent monitoring, and natural catastrophe solutions.
Month: August 2024
UAE leaders congratulate President of Indonesia on Independence Day
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Joko Widodo of the Republic of Indonesia, on the occasion of his country's Independence Day.
UAE leaders congratulate Gabonese President on Independence Day
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Brice Clotaire Oligui Nguema of the Republic of Gabon, on the occasion of his country's Independence Day.
Abu Dhabi International Chess Festival crowns winners of Family Team Tournament
The Abu Dhabi Chess Club and Mind Games announced the winners of the Family Team Tournament as part of the 30th edition Abu Dhabi International Chess Festival.
ADDED includes 30 new activities to ‘Freelancer Licence’
The Abu Dhabi Business Centre (ADBC) at the Abu Dhabi Department of Economic Development (ADDED) announced the addition of 30 new activities to the Freelancer Licence.
Salama reports a 67% increase in net profit in H1 2024
Islamic Arab Insurance Company (DFM listing: “Salama”), UAE’s largest Takaful solutions provider, has reported a net profit of AED 20.53 million, compared to AED 12.26 million during the same period in 2023.
AD Ports Group completes Tbilisi Dry Port acquisition to become majority owner
AD Ports Group (ADX: ADPORTS) today announced the completion of the acquisition process of the Tbilisi Dry Port, which sees the Group become the majority owner with a 60% stake.
Dubai Chambers signs MoU with Bank of China to support investors and enhance bilateral trade
Dubai Chambers has signed a Memorandum of Understanding (MoU) with Bank of China – Dubai Branch - to develop collaboration and enhance cooperation between the business communities in Dubai and China.
75% of pavilions for Al Ain Book Festival 2024 booked: ALC
The Abu Dhabi Arabic Language Centre (ALC) announced that 75 percent of pavilions for the Al Ain Book Festival 2024 had been booked, just one week after opening the registration period for the upcoming 15th edition, set to take place from 18th to 24th November at the Hazza bin Zayed Stadium in Al Ain.
Ajman real estate market soars with AED2 billion in July transactions, up 42.85%
The real estate market in Ajman continues its upward trend, recording 1468 real estate transactions in July with a total value of over AED2 billion, a growth of 42.85 percent year-on-year.