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CoreCard® Business Update: CoreCard Partners with Al Ansari Exchange to Offer Multi-currency Prepaid Card Processing in the UAE

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 [...]

KOGAS Developing Hydrogen Bus Charging Stations in UAE

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 [...]

UAE Begins Operations at S. Korean-built Nuclear Reactor

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 [...]

S. Korea, UAE Agree to Allow Entry Exceptions for Biz People amid Coronavirus Pandemic

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 [...]

S. Korea Exports Anti-virus Kits to UAE

SEOUL, March 17 (Korea Bizwire) — South Korea has sent 51,000 sampling kits used in coronavirus tests to the United Arab Emirates (UAE), Cheong Wa Dae said Tuesday, clarifying its earlier announcement. Earlier in the day, the presidential office announced that 51,000 diagnostic kits had been shipped to the UAE in emergency exports as part [...]

UAE Gives Nod to Operation of 1st Reactor of Barakah Nuclear Plant

SEOUL, Feb. 17 (Korea Bizwire) — The United Arab Emirates (UAE)’s nuclear watchdog on Monday approved the operation of the first reactor at the Barakah nuclear plant built by South Korean companies, industry sources said. The Federal Authority for Nuclear Regulation approved the operation of the unit-1 reactor of the Barakah nuclear plant, the Middle [...]

UAE Media Zero In On K-pop Mania Amid Recent SM Gala Concert

SEOUL, April 10 (Korea Bizwire) — Media outlets of the United Arab Emirates have offered extensive coverage of a recent K-pop gala concert thrown by SM Entertainment, South Korea’s largest entertainment agency, last week in Dubai. The concert, “SM Town Live World Tour VI in Dubai,” was held at the Autism Rocks Arena in Dubai [...]

SJS Hospital Signs MOU to Build Stem Cell Research Center, Hospital in UAE

SEOUL, March 30 (Korea Bizwire) — SJS Hospital said Friday it has signed a memorandum of understanding (MOU) with a United Arab Emirates (UAE) business group to build a hospital specializing in stem cell research and treatment in the Middle Eastern country. The MOU signed between Song Jun-seop, head of SJS Hospital, and officials of [...]

Moon Urges Korea-UAE Cooperation in Renewable Energy

DUBAI, March 27 (Korea Bizwire) — President Moon Jae-in called for increased business cooperation, especially in renewable energy, between South Korea and the United Arab Emirates (UAE) on Tuesday. Moon made the call during a business forum in Dubai attended by some 200 business people from both countries. “I propose we take another step forward,” Moon said. “I wish the two countries will join forces not only to expand investment in renewable [...]

Crown Prince of UAE Says S. Korea Lined Up for US$25B Projects

ABU DHABI, Mar. 27 (Korea Bizwire) — South Korean firms may expect to cinch up to US$25 billion in new energy development projects in the United Arab Emirates (UAE), Crown Prince Mohammed bin Zayed Al Nahyan has told the visiting South Korean president, South Korea’s presidential office Cheong Wa Dae said Tuesday. The assurance was [...]