The Ministry of Energy and Infrastructure (MoEI) and Siemens Energy have signed a Memorandum of Understanding to collaborate on driving the future of green and clean energy in the UAE.
Category: Economy
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Dubai Civil Aviation Authority showcases services at ITS World Congress
The Dubai Civil Aviation Authority (DCAA) is showcasing its key services, particularly those related to drone operations and autonomous systems, during its participation at the 30th edition of the World Congress & Exhibition on Intelligent Transport Systems (ITS World Congress) in Dubai.
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Etihad Airways expands services to Paris with double daily flights
Etihad Airways, the national airline of the UAE, has announced the expansion of its services to Paris, with double daily flights starting 15th January 2025.
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Sheraa discusses strengthening Sharjah’s position as regional entrepreneurship hub
The Sharjah Entrepreneurship Centre (Sheraa) has taken a significant new stride in advancing entrepreneurship across the region by convening its newly appointed Board of Advisors under the leadership of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sheraa.
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NMDC Energy begins trading on ADX, IPO oversubscribed by 31.3 times
NMDC Energy PJSC, a provider of engineering, procurement and construction services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group PJSC, today began trading on the Abu Dhabi Securities Exchange (ADX) following an Initial Public Offering (IPO) that was oversubscribed by 31.3 times.
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Gross banks’ assets exceed AED4.3 trillion by end of June: CBUAE
The Central Bank of the UAE (CBUAE) revealed that total gross banks’ assets, including bankers’ acceptances, rose by 0.5 percent from AED4,287.0 billion at the end of May 2024 to AED4,310.2 billion at the end of June 2024.
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Dubai South awards AED150 million construction contract for ‘South Living’ project
Dubai South Properties has announced the appointment of Al Turath Al Aseel Contracting for an AED150 million contract towards the construction of South Living Tower, a luxury apartment development at The Residential District in Dubai South.
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ADQ establishes Q Mobility to enhance transportation services in Abu Dhabi
ADQ, an Abu Dhabi-based investment and holding company, has established Q Mobility to enhance transportation services through smart mobility solutions, focusing on providing sustainable and integrated solutions that support the Emirate's growth.
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UAE emerges as key player in global development, strengthens role in China’s Belt and Road Initiative
The United Arab Emirates has emerged as a key player in regional and global development, driven by its visionary leadership, strategic location, and favourable business climate.
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UAE-India Business Forum kicks off in Mumbai
The India-UAE Business Forum opened today in Mumbai under the theme “Beyond CEPA: Innovation and Future-Ready Economies”.