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 [...]
SEOUL, Nov. 17 (Korea Bizwire) — GS Energy Corp., an energy unit of South Korean conglomerate GS Group, has secured a deal to annually bring in about 200,000 tons of blue ammonia from the United Arab Emirates (UAE) from 2025, according to the company. GS Energy announced Tuesday it has joined a project led by [...]
SEOUL, Oct. 21 (Korea Bizwire) — South Korean power plant builder Doosan Heavy Industries & Construction Co. said Thursday it has signed a maintenance service deal for a reactor at the Barakah nuclear power plant in the United Arab Emirates (UAE). Under the deal with Nawah Energy Co., the operator of the nuclear power plant, [...]
DUBAI, United Arab Emirates, May 25 (Korea Bizwire) — Dubai Cares, Expo 2020 Dubai and the UAE Ministry of Foreign Affairs & International Cooperation (MoFAIC) have come together to launch Dignified Storytelling, an initiative with an aim of creating an ecosystem that fosters a shared understanding and practice of storytelling that maintains and upholds the [...]
DUBAI, United Arab Emirates, April 19 (Korea Bizwire) — CoreCard Software, DMCC. (a subsidiary of Intelligent Systems Corporation [NYSE American: INS]), the leading international provider of innovative prepaid and credit technology solutions and processing services to the financial technology and services market, announced today a partnership with Al Ansari Exchange, the UAE-based foreign exchange and [...]
DAEJEON, April 5 (Korea Bizwire) — The state-run Korea Gas Technology Corp. has been selected by the Ministry of Land, Infrastructure and Transport to lead a project on the development of infrastructure for hydrogen-based public transportation overseas. The company will build charging stations for hydrogen fuel-cell electric buses in the United Arab Emirates (UAE), which are [...]
TEHRAN/SEOUL, Aug. 1 (Korea Bizwire) — The United Arab Emirates (UAE) has started operations at the first unit of the South Korean-built Barakah nuclear power plant, Dubai’s ruler said Saturday, marking the first operation of a peaceful nuclear reactor in the Arab world. Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum said in a Twitter post [...]
SEOUL, June 15 (Korea Bizwire) — South Korea and the United Arab Emirates (UAE) have agreed to create a special entry system for businesspeople and other essential travelers as exemptions to entry curbs being imposed over coronavirus concerns, the foreign ministry said Monday. The two countries reached the agreement during the three-day visit by Deputy [...]