Saudi Arabia aims to build ties with Canada in scientific and research fields
Riyadh, Saudi Arabia-- Saudi Arabia is exploring investment opportunities in education and aiming to attract investments to the kingdom from...
Business
India PM inaugurates grand temple in Abu Dhabi
According to the UAE authorities, the grand temple carved from pink stone spreads over an area of 55,000 square metres...
Geostrategy
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
Economy
Leaders to brainstorm solutions for ‘cohesive world’ at WEF Davos 2023
Global business leaders, CEOs, and innovators from around the world will gather in Davos next week to discuss what World...
- The annual summit of the non-profit World Economic Forum (WEF) will begin on January 16 and go on until January 20, 2023
- WEF President Børge Brende said the focus would be on sustaining economic growth "where our natural environment is not compromised"
Business
Dubai Chamber of Commerce launches printing and publishing unit
Dubai, UAE--Dubai Chamber of Commerce has launched the printing and publishing business group to boost the sector’s competitiveness and support...
- According to Sharjah Publishing City, the UAE’s publishing sector is expected to grow to US$650 million by 2030
- The newmbusiness group is part of the chamber’s plans to increase the number of business groups that represent economic sectors and activities in Dubai
Economy
Egypt’s December inflation vaults up to annual 21.3 percent
Cairo, UAE--Egypt's annual urban consumer inflation in December shot up to 21.3 percent from 18.7 percent in November, exceeding analyst...
- The price rises followed a currency devaluation in October and restrictions on imports
- The central bank allowed the Egyptian pound to depreciate by about 14.5 percent on Oct. 27 and let its value continue to weaken slowly and incrementally in November and December
Economy
UK data shows retailers boosted by higher Christmas prices
London, United Kingdom--British retailers won a boost from higher prices over the key Christmas trading period but the volume of goods...
- In December, revenue jumped almost seven percent from a year earlier largely thanks to surging food prices
- UK inflation dipped last month to 10.7 percent but remains close to 40-year highs, forcing consumers to switch to cheaper products
Economy
SDPW to support carbon neutrality and zero emissions
Sharjah, UAE--The Sharjah Department of Public Works (SDPW) conducted a workshop on the "Sharjah Ports, Customs and Free Zones Authority...
- Head of the SDPW said that the department supports carbon neutrality in its buildings and is part of UAE's initiative to achieve carbon neutrality by 2050
- The SDPW maintained that it applies the highest international and local standards for green buildings and is committed to improving the efficiency
Business
MENA IPO Summit to attract top industry experts
Dubai, UAE-- Top industry experts will share first-hand knowledge of the IPO process and the opportunities and challenges of becoming...
- The inaugural summit will shed light on the strong impetus and promising prospects of the initial public offerings (IPOs) sector in Dubai.
- It will also showcase a roadmap for startups and SMEs in Dubai, including expertise around its regulatory environment, business culture and capital opportunities
Geostrategy
Morocco raises migrants’ jail time over Melilla tragedy: lawyer
More than six months after 23 people died in an attempt to cross into the Spanish enclave of Melilla from...
- The Moroccan Association for Human Rights (AMDH) put the number of dead at 27, while rights group Amnesty International said at least 37 people lost their lives
- Melilla and its sister enclave of Ceuta have long been a magnet for those desperate to escape grinding poverty and hunger
Saudi Arabia aims to build ties with Canada in scientific and research fields
Riyadh, Saudi Arabia-- Saudi Arabia is exploring investment opportunities in education and aiming to attract investments to the kingdom from...
Business
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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
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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