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September 26, 2024

Global Aerospace Summit kicks off in Abu Dhabi

ABU DHABI: The Global Aerospace Summit (GAS) 2024 commenced today in Abu Dhabi, bringing together the foremost leaders from the aerospace, aviation, and defence sectors. This premier forum’s seventh edition is shaping the future of these industries, d…

ADX welcomes listing of Chimera SandP Germany UCITS ETF

ABU DHABI: The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, announced today the listing of the Chimera SandP Germany UCITS ETF, which provides investors with access to the German equity market, one of the wor…

UAE holds 30% of Middle Eastern cinema market share

ABU DHABI: The UAE Media Council has announced that the UAE’s cinema sector generated revenues of AED517 million during the first eight months of this year, attracting approximately 11 million cinema visits. This surge highlights the growing public in…

Dubai Maritime City boosts ship handling capacity to 1,000 vessels

DUBAI: Dubai Maritime City (DMC) today announced the successful completion of major infrastructure upgrades, significantly boosting its ship handling capacity and fortifying Dubai’s position as a premier global maritime hub.

The comprehensive upgrade…

DMCC to host world’s first ‘Dubai Diamond Week’

DUBAI: The Dubai Multi Commodities Centre (DMCC) has announced the agenda for Dubai Diamond Week, a world-first gathering of the global diamond industry in Dubai from 11th-15th November. The event will feature a trifecta of key events: DMCC’s Dubai Di…

Egypt aims for renewable energy to supply 42% of energy mix by 2040

CAIRO: Minister of Electricity and Renewable Energy, Mahmoud Esmat, outlined key targets during the BRICS Energy Ministers Conference, including the goal for renewable energy to comprise over 42 percent of Egypt’s energy mix by 2040 and ambitions to c…