United Arab Emirates Tender and Business News

Masdar Switches On Its 402 MW Dudgeon Offshore Wind Farm

UAE-based Masdar, Abu Dhabi Future Energy Company, just opened its third United Kingdom-based wind farm. This brings the combined power generating capacity of all three projects there to 1 gigawatt, the equivalent of powering around 1 million homes.

VoIP Service Thuraya Talk Begins Operation

Thuraya Telecommunications Company, based in the United Arab Emirates, just announced the launch of a new high-quality Voice over IP (VoIP) service, under the brand name Thuraya Talk.

UAE Investment Firm to Launch First U.S. Office in California

Mubadala Investment Company, a sovereign wealth fund of the Government of Abu Dhabi, UAE that specializes in buyout investments, is opening a venture capital arm with a dedicated investment team to be based in San Francisco, California - the first Mubadala office in the United States.

New Speed-Related Smart Signs in Dubai Feature Emojis

The Roads & Transport Authority (RTA) in UAE has installed smart signs capable of detecting and displaying the driving speed and sending direct friendly messages to the drivers through expressive emoticons such as WhatsApp emojis.

UAE Launches 'Initiative for Global Prosperity'

The UAE's Minister of Climate Change, His Excellency Dr. Thani Ahmed Al Zeyoudi, recently unveiled the Mohammed bin Rashid Initiative for Global Prosperity at an interactive session on Innovation and Technology during the United Nations General Assembly (UNGA 72) in New York.

New Solar Installation in Dubai Boasts Lowest Non-Subsidized Solar Cost Anywhere

A consortium led by ACWA, a diversified energy company based in Riyadh, Saudi Arabia, won the contract for the fourth phase of Dubai's Mohammed Bin Rashid Al Maktoum Solar Park, by far the largest single-site CSP plant in the world. It will also set a global record for the lowest renewable energy cost without subsidies or carbon credits.

Qantas, Emirates Add Five Years to Alliance Deal

Australian flag carrier Qantas and United Arab Emirates (UAE)-based airline Emirates has extended their partnership for another five years, making changes to reflect customer demand, new aircraft technology and each airline’s respective network strengths.

Dubai Future Accelerators Program 2017 Opens for Applications

The Dubai Future Foundation just announced it is accepting applications to join the third cycle of its flagship Dubai Future Accelerators program. The program focuses on building partnerships and developing regulatory friendly environments that support deep technology start-ups with the potential to radically improve the world.

Java House Casual Dining Chain Acquired by The Abraaj Group

Kenya's Java House Group, a Nairobi-based coffee shop and casual dining chain, has just signed off on a definitive agreement to be acquired by the Dubai-based Abraaj Group, a major investor operating in growth markets around the world.

Oman Signs DAMAC International To Transform Port Sultan Qaboos

The Government of Oman has chosen UAE-based DAMAC International, a major developer of luxury properties, to develop its Port Sultan Qaboos into a world-class, waterfront mix use destination through a joint venture with Omran, the government's investment, growth and development arm.

VLCC Group of Dubai Plans Major African Expansion

VLCC Group, a weight loss solutions plus hair and skin treatment company headquartered in Dubai, United Arab Emirates, with an existing presence in Nairobi, just announced announced its plans to expand -- via franchise -- throughout a number of African countries.

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