UAE economy posts best growth rates in comparison to others: IMF official
Dubai, UAE-- The UAE's economy has recorded the best growth rates in comparison to other economies in the region, according...
Economy
Business
Doha Port receives Costa Toscana, marking start of cruise season
Doha, Qatar--Doha Port has received the Italian cruise ship Costa Toscana of Costa Cruises, as part of the cruise's first...
- The cruise ship has a capacity of about 6,500 visitors, and features a water park, 13 swimming pools and hot tubs, 13 restaurants and 19 entertainment lounges
- Maryam Saoud added that Costa Toscana is one of the cruise ships that are powered by natural gas, which demonstrates the commitment to sustainability
Economy
UAE and US form expert group to govern clean energy partnership
The formation of the bilateral body to govern the Partnership for Accelerating Clean Energy (PACE) will be composed of private...
- It will cover a wide range of proven and emerging technologies, include private and public sector support
- PACE financing will support established renewable energy sources like solar and nuclear, as well as new applications such as green hydrogen and carbon capture
Economy
ASBU president calls for upgrading of digital content industry
Tunis, Tunisia--The President of Arab States Broadcasting Union (ASBU) and CEO of Saudi Broadcasting Authority Mohammed bin Fahd Al-Harthi has...
- President Al-Harthi noted that the Arab States Broadcasting Union is working to form a media force that confronts the negative aspects of digital expansion in the Arab countries
- He pointed out that digital dominance is a reality that cannot be ignored and that Arab media institutions must define their responsibilities to confront its negat
Business
UAE urges new investments in energy sector to meet demand
Abu Dhabi, UAE-- The UAE has stressed the need for speeding up new investments in the energy sector in order...
- The minister affirmed the UAE's commitment to providing the necessary support to ensure a balanced oil market in line with its plan to advance the 5 million bpd production target
- He noted there are geopolitical factors in the region and around the world that influence the global energy map
Arts & Culture
Jeddah to showcase Uzbekistan’s ‘cultural heritage’ at Biennale
Jeddah, Saudi Arabia--Jeddah will host the first Islamic arts event from 23rd January to 23rd April 23, 2023, which will...
- It will be organized by the Diriyah Biennale Foundation in cooperation with the Ministry of Culture of Saudi Arabia
- The Jeddah exhibition will feature 17 exhibits reflecting Uzbekistan’s cultural heritage
Business
ECI names acting CEO
Raja Al Mazrouei will succeed Massimo Falcioni.
- Raja Al Mazrouei is a digital transformation expert with over two decades of experience in the financial services and technology sectors
- She has a track record of successfully turning around and enabling businesses and is also a member of multiple boards in the region
Economy
Abu Dhabi deploys drones to plant a million mangrove seeds
Abu Dhabi, UAE--The Environment Agency of Abu Dhabi (EAD) has planted one million mangrove seeds using drones as part of...
- The Abu Dhabi Mangrove Initiative was announced in February 2021 during Prince William's visit to the UAE
- EAD and its key stakeholders during the past ten years have planted more than 15 million mangroves along the coast of Abu Dhabi
Economy
UAE appoints ADNOC chief to lead COP28 climate talks
Dubai, United Arab Emirates--The head of the United Arab Emirates' national oil company was named as president of this year's COP28...
- The UAE's official new agency said that Sultan Ahmed al-Jaber, head of Abu Dhabi National Oil Company (ADNOC), will be the first CEO to take the role at the UN summit
- The next edition of climate talks will take place in Dubai, the UAE's business, trade and tourism hub, in November and December
Business
US operations and flights not affected by system outage: Etihad Airways
Abu Dahbi, UAE--Etihad Airways on Wednesday said its USÂ operations and flights are not affected by the system outage at the...
- The airline said it was monitoring the situation and would inform customers if there is a change in its operations
- U.S. flights were slowly resuming departures and a ground stop was lifted after the Federal Aviation Administration (FAA) scrambled to fix a system outage overnight
Business
World Security, Tansworld sign pact
The partnership will strengthen workforce in the UAE.
- The two companies will collaborate to create overseas employment opportunities by recruiting, training and developing skilled professionals in the Indian subcontinent
- Professionals who meet the standards of the UAE’s job market will be identified from this pool for suitable employment opportunities in the UAE
Company News
Latest News
Vitronic signs contracts in MENA
Business
DP World spends US$6bn
Business
UAE a key market for our businesses due to its location: French official
Dubai, UAE-- The UAE is a key market for French businesses due to its strategic location as a hub and...
Business
Ajman DED reports 11% increase in economic licenses issued in Q3
Ajman, UAE-- The Department of Economic Development in Ajman (Ajman DED) has reported an 11 percent growth in the total...
Business
Most Read
Business
COP28 huge moment for world and UAE: UK Economic Secretary to Treasury
Dubai, UAE-- Describing the COP28 as a huge moment for the world and the UAE, Andrew Griffith, Economic Secretary to...
- Applauding the UAE's COP28 Presidency and leadership, Griffith believes sustainable finance will be central to the global event
- Noting the UAE's diversification of its sources of revenue, he said the oil-rich country is a great example of "what the world needs to emulate"
Geostrategy
UAE and China urge UN Security Council meeting on Gaza
Dubai, UAE-- The United Arab Emirates (UAE) and China have called for a closed-door meeting of the UN Security Council...
- The security council will likely discuss, in particular, the strikes on the Palestinian refugee camp Jabalia in the north of the Gaza Strip and a convoy of ambulances
- According to Chinese Foreign Minister, the country will continue to push the UN to fulfill its responsibilities and adopt resolutions to help alleviate the ongoing Gaza crisis
Geostrategy
Jordan and Lebanon call for international initiative to stop war on Gaza
Amman, Jordan-- Jordan and Lebanon have called for the speeding up of international efforts to stop the war on Gaza...
- Jordan called for the speeding up of international efforts to stop the war on Gaza in order to prevent a spillover of the conflict into the region
- The Lebanese Prime Minister applauded Jordan’s efforts, led by the king, in defending Arab causes and working towards peace and stability