ABU DHABI, AD Ports Group’s ‘Innovation Week 2023’ is an annual festival that aims to promote groundbreaking creativity and advanced technological capabilities.The event is in line with the UAE’s National Innovation Strategy and is part of the Group’s …
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MoIAT, Tawazun Industrial Park convene industrial firms to discuss defense opportunities
ABU DHABI, The Ministry of Industry and Advanced Technology (MoIAT) recently organised a roundtable event in collaboration with Tawazun Industrial Park at the International Defence Exhibition and Conference (IDEX 2023).The meeting was attended by repre…
Khaled bin Mohamed bin Zayed visits IDEX and NAVDEX 2023
ABU DHABI, H.H. Sheikh Khaled bin Mohamed bin Zayed, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, has visited the International Defence Exhibition (IDEX) and Naval Defence Exhibition (NAVDEX), which gathered worldwi…
AD Ports Group showcases future-proof innovation that reimagines trade
ABU DHABI, AD Ports Group has expanded this year’s ‘Innovation Week’ activities for both internal staff and the general public. ‘Innovation Week’ is the annual festival that promotes ground-breaking creativity and advanced technological capabilities, i…
Bilateral trade between UAE and Kuwait grows 87% in 10 years
ABU DHABI, Non-oil foreign trade between the UAE and Kuwait has grown 87 percent over the past ten years to reach AED43 billion by the end of 2022, compared to AED23.3 billion in 2013, according to preliminary data issued by the UAE’s Federal Competiti…
Tawazun Council launches ‘Tawazun Partners Oasis’ Platform
ABU DHABI, Tawazun Council announced the launch of the “Tawazun Partners’ Oasis” Platform for national and international defence and security company’s registration.The announcement was made on the sidelines of the International Defence Exhibition (IDE…
EDCC, Canadian Business Council sign MoU for defence cooperation
ABU DHABI, The Emirates Defence Companies Council (EDCC) and the Canadian Business Council (CBC) in Abu Dhabi signed a Memorandum of Understanding (MoU), aimed at accelerating cooperation and identifying business opportunities in defence industries.The…
Dubai Chamber of Commerce organised UAE Corporate Tax Workshop
DUBAI, Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has organised recently a Corporate Tax Workshop, designed to help participants navigate the new regime, with expert advice from senior members of corporate tax …
SDF announces $100 million supply chain financing to PT PAL through its Venture Debt Programme
ABU DHABI, The Strategic Development Fund (SDF), the investment arm of Tawazun Council, signed a funding agreement of US$100 million through its Venture Debt Programme with PT PAL, the Indonesian shipbuilder, to fund bank guarantee requirements for its…
EDGE to supply thermal sights to UAE Armed Forces in AED 91 mn deal
ABU DHABI, EDGE Group, one of the world’s leading advanced technology groups for defence and beyond, today announced a contract worth AED 91 million with the UAE Armed Forces to supply individual compact thermal sights for decisive manoeuvres on land. …
CBUAE issues statement regarding MTS Bank branch in Abu Dhabi
ABU DHABI, The Central Bank of the UAE (CBUAE) reviewed the issued statement of today regarding the new sanctions package on the Russian Federation, including sanctions imposed on MTS bank. The Central Bank would like to emphasise the following:• The C…
EDGE launches upgraded Long Range Security Operations Vehicles at IDEX 2023
ABU DHABI, EDGE entity NIMR, a leading manufacturer of combat-proven wheeled military vehicles, today launched an upgraded version of its Long Range Security Operations Vehicles (LRSOV) at the International Defence Exhibition and Conference (IDEX 2023)…