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Leonardo EDGE venture targets radar export surge
Leonardo and Abu Dhabi’s EDGE Group have set a target of more than €4 billion in orders over five years for a new defence sensors and systems joint venture, signalling a deeper industrial push by the UAE into high-end military technology and a wider export drive by Europe’s defence manufacturers.The
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Jury finds Musk misled Twitter shareholders
Elon Musk has been found by a jury to have misled Twitter investors during his 2022 takeover bid, concluding that his public statements about the social media platform contributed to financial harm for shareholders as he pursued a lower acquisition
DP World unveils Dubai Food District revamp
DP World has announced the Dubai Food District, a major expansion and rebranding of the Al Aweer Central Fruit and Vegetable Market, signalling an ambitious push to strengthen Dubai’s role in global food trade and logistics. The project, outlined in
AD Ports portfolio rises to 36 terminals
AD Ports Group has increased its global network to 36 ports and terminals with the addition of Aqaba Multipurpose Port in Jordan, marking another step in the Abu Dhabi-based operator’s overseas expansion strategy.Ahmed Al Mutawa, Regional Chief Executive Officer of