Roadmap out for environmental education, sustainable development at WEEC2024
ABU DHABI, UAE - The Abu Dhabi Roadmap, a high-level plan outlining global recommendations to bolster Environmental Education (EE) and...
solutions by stc, Devoteam ink MoU
The aim is to foster avenues for collaboration in technology.
Business
22 die in a bus crash in southern Egypt
At least 22 people were killed and 33 injured in southern Egypt on Tuesday when the bus they were traveling...
- The bus carrying around 45 passengers crashed into the stationary truck near the village of al-Barsha, some 300 kilometers (185 miles) south of the capital Cairo
- Crashes are relatively common in Egypt, where many roads are in disrepair and traffic regulations frequently ignored
Business
Dubai energy demand shoots up by 6.3% in H1 of 2022
Demand for energy in Dubai has shot up 6.3 percent to 23,096 GWh in the first half of the current...
- He said that the increase in energy demand in Dubai reflects the economic recovery and the return of key activities
- Dubai has benefited from the Fourth Industrial Revolution technologies and implemented robust precautionary measures to ensure business continuity
Business
SAMI, Lockheed Martin sign pact
A center for manufacturing composite materials will be set up in Riyadh.
- The center will be established with support from the General Authority for Military Industries, in an effort to enhance aircraft manufacturing capabilities in the kingdom.
- SAMI Composite Materials Limited and Lockheed Martin will evaluate and develop the center in several phases, in addition to developing national cadres.
Economy
MENA Forum 2022 to focus on US$250b worth of power projects
The combined investments in the MENA power sector includes US$93 billion which has already been committed.
- The combined investments in the MENA power sector includes US$93 billion which has already been committed
- US$60 billion worth of power projects are being developed in Saudi Arabia, followed by Egypt with US$37 billion worth of projects
Business
Germany to partner with Egypt to build hydrogen economy
Germany is looking to partner with Egypt to build the hydrogen economy as Europe seeks to diversify away from its...
- Scholz believes electricity and hydrogen will be the key to transforming industry in Germany
- He sees a big opportunity for countries like Egypt to supply hydgrogen to Germany
59% more French tourists visited UAE in 2021
In 2021, the number of French tourists visiting the UAE rose to 311,570, an increase of 59 percent, compared to...
- In 2021, the number of French tourists visiting the UAE rose to 311,570, an increase of 59 percent, compared to 2020.
- According to the figures, the number of French tourists who visited the UAE from 2015 to 2021 totalled 2.461 million
Business
UAE, France sign several deals, MoUs in key sectors
A deal between French energy giant Total Energies and UAE's ADNOC remain the prime focus even as the two countries...
- A deal between French energy giant Total Energies and UAE's ADNOC remained the prime focus as the two countries signed about a dozen bilateral agreements and MoUs
- The UAE has emerged as a key partner for Western countries as they scramble for energy deals worldwide to replace imports from sanctions-hit Russia
Economy
Dubai Metaverse Strategy launched, aims to foster innovation
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, Monday launched...
- Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched the strategy.
- The strategy emphasises fostering talent and investing in future capabilities by providing the necessary support in metaverse education aimed at developers.
Infographics
WPS Index: Poor show by most MENA countries
Only the GCC countries score high on the Index that measures women’s inclusion, justice and security in 170 countries. UAE...
- Trends in the WPS Index show that the global advance of women’s status has slowed and disparities have widened across countries, the publishers said.
- Norway was the highest ranking country and Afghanistan the lowest on the Index.
Economy
UAE honors firms which tripled Emiratization within 2 months
UAE's Ministry of Human Resources and Emiratization (MoHRE) has honored 16 companies that achieved over triple their Emiratization ratios in...
- UAE's Ministry of Human Resources and Emiratization has honored 16 companies that tripled their Emiratization targets in two months
- These companies will benefit from several incentives including upgrading their classification to the first category
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Roadmap out for environmental education, sustainable development at WEEC2024
ABU DHABI, UAE - The Abu Dhabi Roadmap, a high-level plan outlining global recommendations to bolster Environmental Education (EE) and...
Company News
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Emirates NBD issues Dirham bond, first by UAE firm in 10 years
Dubai, UAE-- Emirates NBD has announced the successful pricing of its inaugural AED1 billion ($272 million) dirham-denominated bond, the first...
Business
Sharjah Consultative Council reviews districts and villages department’s work
SHARJAH, UAE - The Sharjah Consultative Council (SCC), in its seventh session, held as part of the fourth regular session...
Economy
Dubai records over US$2.72bn in weeklong real estate transactions
DUBAI, UAE - A total of 2,173 real estate transactions worth over US$2.72 billion (AED 10 billion) were conducted during...
Business
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Business
Flynas passenger growth 91% in 2022
The airline launched 16 new destinations and 30 new routes.
- It reported an increase of 91 percent in its passengers to 8.7 million.
- The firm's flights expanded by 45 percent to 66,000 and seat capacity by 46 percent.
Business
DEWA’s new project cuts 44,000 tons of carbon emissions annually
The TESTIAC project was implemented to increase the electricity generation capacity of gas turbines during high ambient temperatures in summer...
- This project is the first of its kind internationally combining Thermal Energy Storage with Inlet Air Chilling in Frame 9F Gas Turbines.
- This reduces the consumption of natural gas in the electricity production process, which limits greenhouse gas emissions.
Business
15 MoUs in several sectors signed at Saudi-Japan Investment Forum
Riyadh, Saudi Arabia - As many as 15 memorandums of understanding were signed between Saudi Arabia and Japan in several...
- The forum highlighted the investment opportunities to strengthen the investment partnership between the two countries in light of Saudi-Japan Vision 2030.
- It also reviewed opportunities to expand the investment partnership between the two countries in a number of the strategic sectors.