LOGISTICS-

#1-UAE-based logistics company Aramex has inaugurated its regional headquarters in Riyadh in a bid to boost the company’s capacity to serve both new and existing businesses in the region, according to a press release. It first announced its plan to establish a regional HQ in the Kingdom back in 2021.

MAINTENANCE-

Emaar Properties tapped US transport manufacturer Otis Worldwide Corporation to update 34 elevators and eight escalators in Burj Khalifa,and service the units for an additional 10 years, according to a statement from Otis. The contract will see Otis enhance the tower’s Elevator Management System (EMS Panorama) to offer real-time remote control of settings and scheduled tasks. Otis installed the building’s original elevators and escalators back in 2010, and has had technicians posted at the tower since its opening for maintenance.

HEALTHCARE-

#1- ADGMA to boost UAE healthcare workforce with onboarding + development courses: The Abu Dhabi Global Market Academy signed agreements with Burjeel Holdings, NMC Assetco Limited, and Aster DM Healthcare, to improve the UAE’s healthcare sector workforce, state news agency Wam reports. The agreements cover working together to support talent onboarding, development, and retention through dedicated courses.

#2- Emirates Development Bank and healthcare-focused fintech company Klaimwill launch a healthcare receivables financing product, offering low-risk, short-term working capital to healthcare providers, after the two signed an MoU, the bank said in a statement. Klaim will manage the product’s dynamic backing process against real-time data to accelerate the speed at which providers can unlock receivables.

EDB 💗 healthcare: Since April 2021,EDB has allocated up to AED 326 mn in financing for the healthcare sector.

TOURISM-

Ras Al Khaimah and Musandam join forces for See Double tourism campaign: Ras Al Khaimah Tourism Development Authority, the Oman Heritage and Tourism Ministry, and Omran Group, launched the See Double campaign, promoting both destinations together for the first time, Trade Arabia reports. Running from 15 June to 15 September, the campaign encourages travelers to explore both Ras Al Khaimah and Musandam, which are a 90-minute drive apart.

FINANCE-

Abu Dhabi to upgrade Rwanda’s financial centers: Abu Dhabi Global Market (ADGM) and Rwanda’s Kigali International Financial Centre (KIFC) inked an MoU to deepen economic cooperation, focusing on capacity-building and sustainable finance, ADGM said in a statement. The agreement will see the regulatory authorities share best practices for improvement, explore mutual recognition agreements to open market access for regulated entities in both countries, and offer customized training programs.

INVESTMENT-

UAE + Korea want more cooperation on energy, industry: The UAE and South Korea inked two MoUs to promote bilateral cooperation in energy, investment, emerging industry, and new economy sectors, reports Wam. A breakdown of the agreements:

ALSO-ATRC to explore autonomous driving with South Korean tech company: Abu Dhabi’s Advanced Technology Research Council (ATRC) and South Korean software company Seoul Robotics are in talks for a potential research and development partnership in industrial autonomous driving, with discussions having taken place during ATRC officials’ visit to Seoul Robotics on 28 February, a press release reads.

DEFENSE-

Rabdan Academy partners with KSA’s Intra: Abu Dhabi-based defense and security institute Rabdan Academy has signed an MoU with Saudi-based Intra Defense Technologies to strengthen cooperation across research, training, and accreditation between the two entities and support the defense and security sectors, according to a statement released by the Abu Dhabi Media Office.

Leave a comment

Your email address will not be published. Required fields are marked *