More Business in brief

Abu Dhabi Customs launches digital clearance of goods for users outside the UAE

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.

Business

January 27, 2023, 1:28 PM

EGA supplied 203,000 tonnes of waste as feedstock to other industries in 2022

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

Business

January 27, 2023, 10:02 AM

GCC Olayan to distribute Canoo's electric vehicles in Saudi Arabia

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.

Business

January 26, 2023, 12:04 PM

Ministry of Economy to support EGA Ramp-Up programme

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

Business

January 26, 2023, 11:58 AM

UAE Digital Economy Council to form sub-committees

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.

Business

January 25, 2023, 2:41 PM

Masdar City and Hub71 team up to support clean tech and sustainability 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.

Business

January 25, 2023, 1:50 PM

AD Ports signs agreement with Turkish steel producer Tosyali

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.

Business

January 25, 2023, 11:27 AM

Abu Dhabi hotels received 4.1 million guests and earned $1.47 billion in revenue in 2022

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.

Business

January 25, 2023, 9:03 AM

UAE's defence group Edge invests $14m in unmanned traffic management firm High Lander

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.

Aviation

January 24, 2023, 5:18 PM

EY launches Mena Climate Change Readiness Index

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

Business

January 24, 2023, 4:01 PM