Several nations eager to join Charter of Cooperation, says OPEC Secretary-General
ABU DHABI, UAE - Secretary-General of the Organization of Petroleum Exporting Countries Haitham Al Ghais said that OPEC is in...
Business
Infographics
MENA nations make some ‘genuine progress’
Several MENA countries have fared well on all three domains of the Genuine Progress Indicator, which has been hailed as...
- The GPI nets the positive and negative results of economic growth to examine whether or not it has benefited people overall.
- GPI incorporates environmental and social factors which are not measured by GDP.
Economy
UAE’s Ministry of Energy and Infrastructure wins DACA Awards
The UAE Ministry of Energy and Infrastructure received the 'Sustainability Leader in Shipping' award and a 'Decarbonization Champion in Power...
- The UAE Ministry of Energy and Infrastructure was received the Sustainability Leader in Shipping award
- The ministry also got a Decarbonization Champion in Power Sector award during the Decarbonization and Climate Action Awards
Business
Chimera Capital launches two funds
The funds are Shariah-compliant and fully fungible exchange-traded funds.
- Both funds will be listed on Abu Dhabi Securities Exchange (ADX).
- The new Shariah-compliant ETFs will offer UAE investors direct access to US equity markets, further expanding Chimera’s product offering, the company said.
Business
1,600 African companies join Dubai Chambers since Oct 2021
Over 1,600 new African member companies have registered with Dubai Chambers since October 2021, growing 6.5 percent to reach 26,420...
- The number of African firms grew 6.5 percent to reach 26,420 today, the Chambers said.
- A total of 550 bilateral business meetings were held on the sidelines of Global Business Forum Africa last year,
Economy
8 conciliators in economic disputes sworn in at Abu Dhabi
Eight members of the first batch of conciliators in economic disputes and consumer complaints were sworn in at Abu Dhabi....
- The first batch of 8 conciliators in economic disputes and consumer complaints were sworn in
- The conciliators will begin their duties in the Abu Dhabi Department of Economic Development
Business
EGA holds wearable tech trial
Trial aimed at preventing heat-related illness in workers.
- 50 volunteers working in EGA's hottest operations are wearing devices to monitor critical health indicators.
- Data is transmitted in real-time to supervisors and EGA's occupational health team, with alerts to variations of potential concern.
Alpha Dhabi’s ‘W Solar’ to invest in Libya renewable energy
The company, a subsidiary of Alpha Dhabi Holding, signed an MoU with the General Electricity Company of Libya.
- The company, a subsidiary of Alpha Dhabi Holding, signed an MoU with the General Electricity Company of Libya
- By 2030, Libya aims for 22 percent of electricity generation to come from renewable energy
Business
Yiwu Market of Dubai ready to welcome consumers
Yiwu Market of Dubai, the first smart free zone market in the region, will open tomorrow, aiming to revolutionize the...
- Yiwu Market is the first phase of the Dubai Traders Market in the Jebel Ali Free Zone (Jafza)
- The market comprises 324 warehouses spread across two floors
Economy
Britain offers £50.2m grant to Jordan to expand social net
The grant is part of an £95 million aid package including £65 million for the social protection sector.
- The grant is part of an £95 million aid package including £65 million for the social protection sector
- The aid also helps Jordan take care of the Syrian refugees. a priority for the British side
Videos
UAE’s NFT market witnesses rapid growth
Several crypto platforms have recently launched dedicated NFT marketplaces. TRENDS tries to find out which business and economic sectors have...
- Many NFT investors are making Dubai their new home every day because of its zero percent personal income tax regime, amongst other big favourable factors.
- Several crypto platforms have recently launched dedicated NFT marketplaces. TRENDS tries to find out which sectors have been covered by NFTs in the UAE.
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Company News
FIFA World Cup Qatar will be the best, says Infantino
Arts & Culture
GAL-AMMROC, GMF ink pacts
Business
Latest News
UN says right environment policies can generate 20 million jobs
“It is critical that as we scale up the use of Nature-based Solutions (NbS) we make sure we do not...
Economy
Turkish investments in Algeria exceed $5 billion: Foreign minister
Algiers, Algeria--- Turkish investments in Algeria have exceeded $5 billion and the desired goal of $10-billion trade between the two...
Business
Is GCC insurance industry ready for the change?
Industry experts stress the need for harnessing the momentum the industry has gained after the recovery from Covid setbacks.
Videos
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Economy
UAE passport ranked most powerful in the world
Dubai, UAE— The United Arab Emirates has been ranked as the country with the world's most powerful travel document. That...
- The UAE has beaten the likes of Germany, Sweden, Finland and Luxembourg in the latest ranking
- An Emirati passport holder can travel to a huge number of countries visa-free, and in many others you can get a visa right when you arrive
Economy
Qatar sees 34 percent decline in building permits in November
Doha, Qatar— Qatar has witnessed a 34 percent decline in building permits to 645 during the month of November, as...
- According to the monthly statistics issued by the Planning and Statistics Authority, the decrease was noted in the all of the municipalities
- Commercial buildings were found to be in the forefront of non-residential buildings permits with 32% (25 permits), followed by governmental buildings with 31% (24 permits)
Business
Continuous efforts to enhance UAE’s endeavor to confront money laundering crimes: CBUAE Governor
The apex bank "will continue to take all measures to ensure the maintenance of the integrity of the financial system...
- The CBUAE is making continuous efforts to enhance the fight against all forms of financial crimes and money laundering, says its Governor Khalid Mohammed Balama
- The Gulf country is developing effective policies and legal frameworks, governance and executive machineries, and close follow-up of all illegal financial transactions, he adds