Category: Business

Abu dhabi: Calidus Holding Group, a leader in defence and manufacturing, has teamed up with UAE-based Hameem Technologies and US-based Aergility to produce the ALRASID and ALTARESH unmanned vertical take-off and landing (VTOL) aircraft. These aircraft…

Abu dhabi: The day two of Unmanned Systems Exhibition and the Simulation and Training Exhibition (SimTEX), was the epicentre of global innovation in autonomous systems shaping the future of defence and commercial sectors.

According to Emirates News …

Muscat: Muscat Stock Exchange (MSX) main index closed lower today, dropping 0.948 percent. The MSX 30 Index concluded the trading session at 6,187.19 points, registering a decline of 59.2 points from the previous close of 6,246.39 points.

According …

Abu dhabi: BGN, a prominent energy and commodities trading company, has announced a significant agreement to refinance and expand its Abu Dhabi Exports Office (ADEX) backed revolving credit facility (RCF) to $400 million. This development marks a cruc…

Abu dhabi: His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Higher Committee for the Water and Electricity Sector in Abu Dhabi, chaired the committee’s meet…

Sohar: SOHAR Port and Freezone has solidified its status as a key player in Oman’s economic diversification efforts, creating a seamless trade, industry, and investment network within an efficient and competitive environment.

According to Oman News…

Masdar: Abu Dhabi Future Energy PJSC – Masdar, a global clean energy leader, and Octopus Energy, the global energy tech disruptor, have signed two Memoranda of Understanding (MoUs) for initiatives in the UK and Africa.

According to Emirates News Age…

Egypt: Egypt’s Ministry of Petroleum and Mineral Resources announced the start of production from a new development well at the North Safa field in the Gulf of Suez, operated by Gulf of Suez Petroleum Company (GUPCO).

According to Emirates News Agenc…