More Business in brief

The feature, available to individuals and companies, is intended to reduce effort and time and establish the UAE capital as a global centre for investment and business.

The company supplies by-products from aluminium production, which diverts waste from landfill and contributes to the development of a circular economy.

The two companies will also work to develop a joint venture to launch a digital vehicle ecosystem for service maintenance repair, local assembly and, eventually, manufacturing.

Programme is aimed at supporting entrepreneurs whose businesses will contribute to economic diversification and growth.

The council has approved the formation of several sub-committees to cover areas such as technological infrastructure and blockchain, e-commerce, financial technologies, investment in the digital economy, attracting skills and supporting start-ups.

The two entities will collaborate in mobility, food, health and climate action, with Hub71’s existing start-ups given access to Masdar City’s corporate tenants and partners.

The two companies will collaborate on shipping, logistics and freight forwarding services, including a potential joint investment in new port facilities to support Tosyali's export operations.

Abu Dhabi hotels welcomed 4.1 million guests last year, up 24% from 2021, bringing in revenue of $1.47bn — 23% more than the previous year, according to Department of Culture and Tourism Abu Dhabi, a Wam report said.

Edge has acquired a majority stake in the Israel-based company as it places a clear focus on the development of autonomous systems, including unmanned aerial vehicles, smart weapons, and cyber technologies. The group is keen to further assist High Lander in developing its next-generation Universal UTM solution, which enables the safe coexistence of manned and unmanned aviation.

The consultancy provides scores for the GCC countries, Egypt and Jordan, to help evaluate climate change readiness.