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United Arab Emirates

Carlyle Group in UAE, seeking Mubadala

Mubadala Investment Company, the Abu Dhabi-based sovereign investor, and global investment firm The Carlyle Group (NASDAQ: CG) today reached completion of the transaction announced on 8 April 2019. Funds affiliated with Carlyle have acquired 37 percent shareholding in Compañía Española de Petróleos, S.A.U,Cepsa, from Mubadala. Mubadala will remain the majority …

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UAE ready for zero-carbon buildings

The UAE is on a firm footing to achieve the commitment to net-zero carbon buildings, backed by its comprehensive approach to green buildings and sustainable development, said Saeed Al Abbar, Chairman of the Emirates Green Building Council, EmiratesGBC, at the Global Alliance for Buildings & Construction panel at the 3rd …

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Sharjah Archaeology Museum showcases prehistorical artifacts from Kuwait

Sharjah Archaeology Museum, part of Sharjah Museums Authority, SMA, has announced that it is hosting a six-month long exhibition that showcases Kuwait’s ancient history. Held in cooperation with the Kuwaiti National Council for Culture, Arts and Letters, KNCCAL, “The Splendid Archaeology of Kuwait” exhibition includes artifacts excavated from different locations …

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DP World promoting digital tech in India

Invest India, Kerala Start-Up Mission and Startup Reseau, have teamed up with DP World to harness digital technologies like block chain, artificial intelligence, robotics, simulators and Internet of Things, IoT, to identify logistics-focused technology start-ups in India. The result of their joint efforts, Log-X, a national technology accelerator platform for …

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UAE to host 18th session of UNIDO

LI Yong, Director General of the United Nations Industrial Development Organisation, UNIDO, has said that the UAE’s hosting of the 18th session of the organisation’s General Conference in Abu Dhabi on November 2nd was welcomed by the Industrial Development Board. This is in part because the two sides have a …

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UAE in trade talks in Vietnam

The Ministry of Economy is organising the official visit of a senior commercial delegation to Vietnam, led by Sultan bin Saeed Al Mansouri, Minister of Economy, to discuss ways of reinforcing the economic ties between the UAE and Vietnam and develop their existing trade and investment partnerships. The delegation, which …

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DP World makes it to Peru

DP World’s business in Peru, which began with container handling at the Port of Callao, has expanded into a fully integrated maritime and logistics operation, catering to the needs of customers across the entire supply chain. Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, visited Peru’s chief …

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Putin plans to visit UAE

President Vladimir Putin of Russia will commence his official state visit to the UAE on Tuesday, 15th October. During the visit, the Russian President will hold talks with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. …

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UAE in defence talks with UK

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received Lieutenant General Sir John Lorimer, the UK’s Defence Senior Adviser to the Middle East and North Africa. During the meeting held at Al Bahr Palace, His …

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Saudi Arabia pushing cybersecurity in UAE’s GITEX Technology Week

Saudi Arabia’s Ministry of Energy today outlined how it is adapting and maintaining its world-class defense against evolving global cybersecurity threats. “Cyberattacks aimed at disrupting critical infrastructures are becoming more nuanced, advanced and difficult to spot. There can be no compromise when it comes to our defensive posture and we …

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