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Yahsat Government Solutions, a satellite operator based in Abu Dhabi, has landed a $247.5 million (909.5 million dirhams) contract with the UAE government to provide enhanced services for the Gulf country’s satellite communications capabilities, Zawya reports. “The agreement augments the Read more
Abu Dhabi Ports Group, backed by the sovereign wealth fund ADQ, has partnered with the UAE-based conglomerate Ghassan Aboud Group to set up the region’s largest food logistics center. The future hub will be located in the Khalifa Industrial Zone Read more
Saudi Arabia’s Public Investment Fund (PIF) has agreed to invest $40.84 million in Dubai-based interior decorator Depa PLC in return for majority stakes, Zawya reports. The deal, which has already received the requisite waivers and consents from the DFSA, will Read more
Emirates Airlines has reinstituted services to Morocco following the reopening of the North African country’s airspace on February 7, after a two-month closure. The UAE’s flagship carrier is now flying to Casablanca on a daily basis. In anticipation of the Read more
The United Nations Educational, Scientific and Cultural Organization (UNESCO) and the United Arab Emirates (UAE) have announced that the reconstruction of Al-Hadba Minaret and Al-Saa’a and Al-Tahera Churches in the city of Mosul in Iraq is “ready to start in Read more
Museum of the Future in Dubai, built to provide a space of progress and highlight that the future is fundamentally hopeful, will be open on Feb. 22 for the public, Arab News reports. The much awaited structure offers exhibitions, themed Read more
France will help the United Arab Emirates secure its airspace against attacks by Houthi rebels in Yemen. The announcement was made by both sides who recalled that the move falls within the frame of their defense agreement. The UAE Ministry Read more
The UAE-Bahraini nanosatellite, Light-1, was successfully launched into orbit from the International Space Station (ISS), the Emirati Space Agency said on Thursday. “Congratulation! the UAE-Bahrain Nanosatellite Light-1 Successfully Deployed into Earth’s Orbit by key entities and experts to achieve one Read more
Abu Dhabi’s leading developer Aldar has acquired Al Hamra Mall in Ras Al Khaimah for $111.64 million, Zawya reports. The company said in a statement it will reconfigure the 27,000 sq.m. mall, which was completed in 2009 by Ras Al Read more
Iran Thursday overcame neighboring Iraq to become the first country from the Asian Football Confederation to qualify for the FIFA World Cup to take place later this year in Qatar. Iranian beat their rival 1-0 in capital Teheran in a Read more