JEJU, Jan. 20 (Korea Bizwire) — Agricultural products from Jeju Island are being exported to the United Arab Emirates. The Jeju Business Agency said Thursday that it had recently exported US$15,000 worth of Hallabong citrus, Red Hyang tangerines and other processed foods to the UAE. Made-in-Jeju products that are being exported will be merchandised at [...]
ZURICH, Jan. 17 (Korea Bizwire) — First lady Kim Keon Hee met with a sheikha of the United Arab Emirates on Tuesday and discussed cultural exchanges between the two countries, the presidential office said. A sheikha is a female member of a ruling Arab family, according to the office. Kim met with Sheikha Latifa bint [...]
SEOUL, Jan. 17 (Korea Bizwire) — Companies from South Korea and the United Arab Emirates have signed 23 memorandums of understanding (MOUs) and a contract, worth US$6.1 billion combined, enhancing bilateral cooperation on energy, defense and new industry sectors such as hydrogen and bio, Seoul’s industry ministry said Tuesday. The signing ceremony was held Monday [...]
SEOUL, Dec. 6 (Korea Bizwire) — A South Korean-built nuclear plant was included in the design of the United Arab Emirates (UAE)’s new high-denomination banknote designed to commemorate the country’s 51st anniversary. According to a press release from the Central Bank of the UAE (CBUAE), a bird’s eye view of the four nuclear reactors at [...]
DUBAI, United Arab Emirates, Nov. 28 (Korea Bizwire) — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world, today announced that construction on its UAE electric vehicle assembly facility in Khalifa Industrial Zone Abu Dhabi (KEZAD) is on schedule and will be completed in Q4 of [...]
SEOUL, Oct. 9 (Korea Bizwire) — The third unit of the South Korean-built Barakah nuclear power plant in the United Arab Emirates has been successfully connected to the Middle East nation’s power transmission grid, the state-run utility company here said Sunday. The Unit 3 plant began operations last month and delivered the first megawatts of [...]
ABU DHABI, March 6 (Korea Bizwire) – NEP Group, the leading media technology partner for content creators around the globe, announced that it has opened a new office in the United Arab Emirates (UAE) to meet the growing demand for its services, strengthening the company’s investment and presence in the Middle East. Located across from the famed [...]
SEOUL, Jan. 18 (Korea Bizwire) — South Korea’s first lady Kim Jung-sook, accompanying President Moon Jae-in on a trip to the United Arab Emirates, has donated a copy of a Korean national treasure to one of the largest museums in the Middle East. Kim visited the Mohammed Bin Rashid Library in Dubai on Sunday (local [...]
DUBAI, Jan. 16 (Korea Bizwire) — South Korea signed a preliminary deal with the United Arab Emirates on Sunday to sell Seoul’s mid-range surface-to-air missiles to the Gulf nation, in the latest sign of deepening defense cooperation between the two nations. The deal was signed after Moon held talks with UAE Prime Minister Sheikh Mohammed bin [...]
DUBAI, United Arab Emirates, Nov. 28 (Korea Bizwire) — GreenDome Investments announced today that it has closed on the acquisition of Elite Co. from Prama Holdings. Elite Co. is a leading fully integrated land freight and courier solutions providers in the Middle East. The transaction represents one of the region’s largest acquisitions in the logistics [...]