Saturday 21 April 2018

American group UL eyes Mideast drone market

American safety science company UL has created a platform designed to help ensure the safety of lithium-ion battery powered unmanned aerial systems, as drone technology is expected to flow into the Middle East and North Africa (Mena) region in the next decade. The UL 3030 Standar


Expat families 83pc of 2nd citizenship applicants in Saudi

Eighty-three per cent of high net worth people applying for a second passport in Saudi Arabia are families, according to Citizenship Invest, a market leader citizenship programmes to obtain a second nationality. The study has shown that there has been a 42 per cent increase in ap


Investcorp sells Dutch division of SPGPrints

Bahrain-based Investcorp, a leading global provider and manager of alternative investments, has sold Veco Precision, a Dutch-based division of SGPrints to Gilde Buy Out Partners and Management. Veco is being carved out of and sold by SPGPrints Group B.V, a leading global provider


PepsiCo partners with Expo 2020 Dubai

Leading global food and beverage company PepsiCo has signed up as the official beverage and snack partner for the Dubai Expo 2020 gala event. The Expo 2020 Dubai organisers said it has joined forces with PepsiCo to jointly work towards a healthier and more sustainable future in t


Canada's Fura Gems sets up base in Dubai

Fura Gems, a gemstone mining and marketing company based in Toronto, Canada, has established its administrative headquarters at Almas Tower in the heart of DMCC (Dubai Multi Commodities Centre). Announcing the launch, Fura Gems said Almas Tower was strategically chosen to benefit


US launches Syria air strikes; key Assad weapon sites hit

The US, UK and France jointly launched strikes against targets at three sites in Syria in the early hours of Saturday morning, following a week of threats of retaliation for an alleged chemical weapons attack on civilians in the Damascus enclave of Douma, reported CNN.  


Arab engineers to discuss Iraq, Syria reconstruction

Federation of Arab Engineers and IFP (International Fairs and Promotions) will jointly host a major summit in Baghdad this October to discuss the reconstruction of the destroyed cities in Iraq and Syria.   The event will attract industry specialists in


Saudi forces foil Houthi missile attack

Saudi Arabia's air defences on Wednesday intercepted a ballistic missile fired from rebel-held Yemen at Riyadh, a military spokesman said, adding two others were shot down in southern Saudi Arabia. The announcement came after explosions and blasts were heard over the capital,


The Founder’s Memorial in UAE to open this month

The Founder’s Memorial, a permanent national tribute commemorating the late Sheikh Zayed bin Sultan Al Nahyan, is set to welcome the public from April 22. Established to celebrate Sheikh Zayed’s visionary leadership and vast influence on his country and the wider worl


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