Dubai Aerospace Enterprise (DAE) announced that it has signed a new multi-tranche financing, structured as a combination of revolving credit facilities
The leadership of the UAE announced the country’s national strategy for artificial intelligence (AI), with a clear vision of becoming world leaders in AI by the year 2031.
Day one of the sixth edition of the Global Aerospace Summit 2022, hosted by Mubadala, commenced on Tuesday in Abu Dhabi. The event is the first in-person edition of the Summit since the 2018 edition,
Dubai Aerospace Enterprise (DAE) reported its financial results for the six months ended June 30, 2022. The firms’ profit before exceptional items increased by 186 per cent to $140.1 million.
2022 was another stellar year for Strata, the advanced manufacturing and aerospace manufacturing firm based in their state-of-the-art facility in Al Ain, throughout which the Mubadala company
Sanad, a wholly-owned subsidiary of Mubadala Investment Company (Mubadala) announced on Monday a new Dhs1 billion deal with Pratt & Whitney and International Aero Engines (IAE).
EDGE Precision Industries (EPI), the precision engineering backbone of the UAE’s aerospace and defence industry, on Monday announced it is expanding its manufacturing capabilities to support the Boeing 787 Dreamliner.
France on Tuesday has unveiled what it described as a 15 billion euro ($16.9 billion) support package for its aerospace industry, saying huge numbers of jobs were at stake amid a slump in air travel demand due to the coronavirus crisis.
The Mohammed Bin Rashid Aerospace Hub (MBRAH) at Dubai South announced that private jet movements continued their impressive growth in 2021 with a 336 per cent increase in Q1 2021, reaching 4,904 compared to 1,460 in Q1 2020 and 1,676 in Q1 2019.