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Showing posts from September, 2024

The President of UAE pledges to offer aid to Lebanon to the tune of 100 million dollars

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Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE, has ordered for an immediate $100 duty cover assistance to be sent to the people of Lebanon , WAM, the the Emirates news agency reports.  This sad announcement comes at a time when Lebanon has become one of the countries that needed humanitarian aid the most. Currently, the entire nation is in a state of conflict, in the last one year engaged military activities in Gaza against Hamas has extended to Lebanon against Hezbollah, who have been prompting the hostilities through their actions.  The strife has crippled basic amenities reconstructing uprooted lives and caused exodus for the most in Gaza and Lebanon. Rest basic straight such as power, healthcare have been affected and the general economic situation gone from bad to worse.  Within the confines of Lebanon, officials have reported that in addition to more than 1000 casualties sustained over the past weeks from continuous Israeli airstrikes, countless others have had inj

UAE, Russia explore ways to bolster parliamentary copperation

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Maryam bin Theneya, Second Deputy Speaker of FNC, met with Konstantin Kosachev, Deputy Speaker of the Federation Council of the Federal Assembly of the Russian Federation, in Moscow to explore ways of strengthening cooperation between the two houses. During the meeting, which took place on the sidelines of the Eurasian Women's Forum in Saint Petersburg, Russia, the two sides emphasised the importance of enhancing parliamentary communication and cooperation on various issues of mutual interest in parliamentary forums.

UAE hoping to expand $1 trillion partnership with U.S. through AI, Investment

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  Emirati President Sheikh Mohammed bin Zayed Al Nahyan's first official trip to the United States aims to push the United Arab Emirates-U.S. relationship to a new "geo-economic phase" centered on economic growth and innovation, top officials said ahead of a meeting of the two leaders in Washington, D.C., on Monday.  "The purpose of the visit is really from an Emirati perspective, it's investing in our future … through an economic lens," Anwar Gargash, the Emirati leader's most senior diplomatic advisor, told reporters during a briefing in Dubai on Thursday. 

UAE's AI firm G42 and Nvidia to team up on climate tech

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  United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia  (NVDA.O) , opens new tab to work on climate tech, G42 said on Friday, ahead of the first-ever  visit  to the White House by a president of the UAE next week. The Gulf-based company said in a statement the two firms would work together develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up an operational base and climate tech lab in Abu Dhabi. The UAE, led by government-backed G42, is investing heavily in AI to help diversify its economy away from oil and UAE-based companies have forged several deals with U.S. firms recently. Microsoft  (MSFT.O) , opens new tab  announced in April it was investing $1.5 billion in G42, while this week the two firms  said  they would open two centres in Abu Dhabi. Abu Dhabi-backed investment company MGX is also  joining  as a general partner in a $30 billion fund with BlackRock  , opens new tab  and Microsoft to

The newly delivered fleet of five Saab GlobalEye AEW&C systems for the UAE could upgrade existing security relations and create new configurations of cooperation.

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The fleets can improve regional partnerships as advanced surveillance and situational awareness capabilities extend beyond national defense. Information Sharing: Given the cross-border visibility of GlobalEye, the UAE gets to see air and maritime activities close to neighboring countries. This aids in the open sharing of real-time data with allies- for example, intelligence on aircraft movements or suspicious boat traffic. The joint monitoring of these resources reassures its partners and deters potential threats. Multilateral exercises: The UAE has demonstrated the value of multilateral training with past exercises that have brought forces from the Middle East together. GlobalEye greatly enhances the coordination and effectiveness of exercises due to its wide-area coverage. Partners will benefit from the chance to test integration with the UAE's state-of-the-art AEW&C network. Coordination of response: Quick challenges may arise which are needed to be acted upon rapidly col

UAE Launches Ambitious "Invest the Emirates" Initiative

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The United Arab Emirates has unveiled a new strategic initiative named " Invest the Emirates " in an effort to speed up the growth of the economy, open investment landscapes across the country and attract massive volumes of foreign and domestic investments across different sectors that would further cement the country's position as the global investment hub. "Invest in the Emirates" Focuses on Simplifying and Upgrading the Investment Process in a Way that will Make this Management Easier, More Efficient, and Much More Transparent for Investors "The program focuses on several high-growth areas such as in technology, renewable energy, infrastructure, and healthcare," said Salem Al-Zaabi, CEO of the UAE Investment Promotion Agency. The UAE hopes streamlined regulations and incentives will create an attractive investment environment for investors looking to pursue opportunities in these high-growth sectors. Such programs highlight teamwork with the local a

UAE Facilitates Prominent Prisioner Swap Between Russia and Ukraine

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The United Arab Emirates had successfully brokered the prisoner swap between Russia and Ukraine. Recently, the two countries announced that they would be swapping 206 prisoners of war as part of a critical exchange that is easing the tension between the two nations. It naturally makes the UAE play an important role here-the country is slowly moving up to be a neutral mediator in matters of international importance. The UAE, by arranging this exchange, proved not only its diplomatic excellence but also its commitment to humanitarian work amidst conflicts. This development is to be taken much more seriously considering the protracted and highly complex Russia-Ukraine conflict. The successful holding of this prisoner swap has been interpreted as a ray of hope for further negotiations and de-escalation. It also suggests an interesting new role for neutral third parties in resolving international disputes. UAE involvement indeed highlights their strategic approach to foreign policy while fo

UAE’s Crescent Petroleum fuels growth with extension of SAP deployment

  The Sharjah-based Crescent Petroleum has successfully deployed an Oil & Gas industry-specific solution for its operations from global technology company SAP. The implementation is an extension of Crescent Petroleum's solutions roadmap, which commenced in 2020 with Phase 1 implementation, representing the first global implementation of SAP S/4HANA Oil & Gas Model Company 1809 at the time, supporting plant maintenance, procurement, project systems, finance, human resources functions and HSE functions.  Ravi Kumar, Chief Corporate Officer of Crescent Petroleum and Board Member of the Crescent Group, said, "Having completed the Phase 1 of the SAP roadmap in a record eight months, we set out to integrate Crescent Petroleum's operations, providing a seamless flow of data, from Wellhead to Customer, in Phase 2. The benefits are significant as we have integrated data across disparate parts of the plant, allowing us to seamlessly integrate plant systems with SAP systems a

Japan unveils system to predict ash spread from Mt. Fuji eruptions

  The Japan Meteorological Agency has decided to launch more robust “wide-area” ashfall forecasts to prepare for the ash that would hit the Tokyo metropolitan area after a major eruption of Mt. Fuji. The system will be designed to predict ashfall over a wider area and over many hours, the Japan News reported. An eruption of Mt. Fuji could bring more than 30 centimetres of ashfall in surrounding areas, resulting in serious damage, such as collapsed homes and paralysed transport networks. The agency aims for the system to facilitate prompt responses to a disaster. It plans to start developing the system from next fiscal year and launch it as early as within a few years. During the past 5,600 years, Mt. Fuji is believed to have erupted every 30 years on average. However, it has not erupted for over three centuries, since the Hoei eruption. After the Hoei eruption started on Dec. 16, 1707, ash from Mt. Fuji fell intermittently for 16 days and reached what is now central Tokyo, blown by win

Scientists create world's first nuclear clock prototype

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  Scientists at the Vienna University of Technology made a breakthrough by creating the world's first nuclear clock prototype, according to ScienceAlert, an independently run online publication and news source that publishes articles featuring scientific research, discoveries, and outcomes. A huge breakthrough decades in the making was made just a few months ago, and already scientists are realising its potential: A measurement of the gap between the quantum energy states of a thorium nucleus has been used to create the very first, rudimentary nuclear clock. By coupling a strontium atomic clock with a crystal containing thorium nuclei, a team of physicists has successfully demonstrated the core technology that will lead us to the first fully realised and developed nuclear clock. That milestone – still yet to be reached – will open up a whole new realm of ultra-precise timekeeping. "With this first prototype, we have proven: Thorium can be used as a timekeeper for ultra-high-pr

BRICS+ countries to provide media coverage for Moscow's innovative passenger transport experience

Moscow's urban passenger transport projects will receive information support in the BRICS+ media space. At the exhibition "Moscow Transport 2030" within the framework of the forum-festival Territory of the Future. The cooperation agreement was signed by Nikolay Asaul, Director-General of the State Unitary Enterprise (Mosgortrans), and Janna Tolstikova, CEO of TV BRICS. According to TV BRICS, the partners' interaction will be aimed at strengthening cooperation between Moscow and other capitals and cities of BRICS+ countries in the development of infrastructure projects and technological improvement of urban passenger transport. Asaul said, “Mosgortrans is the largest operator of ground urban transport in Russia. The company is actively implementing new technologies to improve the quality of passenger service. Since 2018, a large-scale project has been implemented: scheduled replacement of buses with electric buses. Innovative transport carries passengers on about 140 r

UAE Pavilion showcases latest industry innovations at Egypt International Airshow

  Mona Ahmed Al Jaber, Chairperson of the Emirates Defence Companies Council, affirmed the Council's commitment to a strong and distinguished presence at the inaugural Egypt International Airshow in New Alamein city, through the UAE pavilion, which is organised to reflect the strong and fraternal relations with the Arab Republic of Egypt. In a statement to the Emirates News Agency (WAM) correspondent in Cairo, she said that the UAE Pavilion at the exhibition features the participation of the UAE Ministry of Defence, Tawazun Council, and nine UAE companies specialising in the aviation and aerospace sectors. The companies will showcase over 50 specialised products and systems, including the unmanned aerial vehicles like the Shadow 50 and the “Garmoosha” drone. She added that aviation and aerospace exhibitions contribute to advancing and innovating defence industries, as the show provides a unique opportunity to highlight achievements, discuss developments, and explore the latest adva

El-Sisi visits UAE's pavilion at Egypt International Airshow

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  President Abdel Fattah El-Sisi of the Arab Republic of Egypt toured the UAE pavilion at the Egypt International Airshow 2024, which commenced today in its inaugural edition in New Alamein City. The expo features participation from 100 countries and over 300 companies and entities, including some of the world's largest aircraft manufacturers and space industries, and will run for three days. During his visit to the UAE pavilion, President El-Sisi listened to a briefing by Mona Ahmed Al Jaber, Chairperson of the Emirates Defence Companies Council, who highlighted the UAE pavilion's offerings through more than nine companies showcasing over 50 Emirati products under the "Made in UAE" brand, including unmanned aerial vehicles like the Shadow 50 and the "Garmoosha", which means female falcon. President El-Sisi, accompanied by several officials, also visited the pavilions and displays of the national and international companies participating in the event.  He re