Dubai SME joins hands with CXDA to attract investment
DUBAI, UAE – The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a part of Dubai...
Business
Dubai Center for Family Businesses issues guidelines
DUBAI, UAE – The Dubai Center for Family Businesses, which operates under the Dubai Chambers umbrella, has released a ‘Sample...
Business
Business
Sharjah Executive Council discusses realty sector draft laws
The meeting also included a discussion of a draft Executive Council decision regarding the executive regulations for the law of...
- The meeting also included a discussion of a draft Executive Council decision regarding the executive regulations for the law of renting real estate
- Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council chaired the meeting
Expo 2020 DUBAI
Saudi authorities foil bid to smuggle amphetamine tablets: Official
Saudi Arabian authorities said Wednesday that they thwarted an attempt to smuggle 403, 000 amphetamine tablets into the kingdom. An...
- The tablets were seized from a Syrian national, who is also a citizen of Jeddah governorate.
- All the tablets were hidden inside a shipment of beans in plastic molds in the form of bean pods.
Economy
Saudi non-oil exports hit $21 billion in the first quarter of 2022
Saudi Arabia’s non-oil exports in the first quarter of 2022 reached 77.8 billion riyals ($21 billion), growing nearly 29 percent...
- Overall merchandise exports increased by 72.7 percent in Q1 2022 compared to Q1 2021, reaching 359.3 billion riyals, up from SAR 208.0 billion in Q1 2021.
- This increase originated mainly from oil exports, which rose by SAR 133.6 billion or 90.3 percent in the same period, the General Authority for Statistics said.
Arts & Culture
Sharjah Museums Authority to study ancient civilisations in UAE
The book Ancient Inscriptions and Writings in the Emirate of Sharjah provides a comparative analytical study, is one of the...
- The book Ancient Inscriptions and Writings in the Emirate of Sharjah provides a comparative analytical study, is one of the most important publications for researchers and students
- The first section includes a comprehensive introduction to writing and its beginnings, forms and types, the invention of the alphabet
Business
WEF calls for new partnerships to save fragile communities
The World Economic Forum has pleaded for a new partnership between various stakeholders in order to make a difference to...
- In a paper released by the WEF, it calls for new collaboration between humanitarian and development organizations, businesses, investors and entrepreneurs
- Over the next three years the partnership will develop innovative business models and investments that strengthen local economies
Economy
UAE invests Dh62.6b in Jordan development projects
Abu Dhabi Development Fund for Development has financed AED6.5 billion worth of development projects in Jordan.
- Abu Dhabi Development Fund for Development has financed AED6.5 bn worth of development projects in Jordan
- Jordan’s GDP has risen by 6.5 percent, with investment contributing about 13 percent to it
Digital technologies can cut greenhouse gas emissions: WEF
Digital technologies can reduce greenhouse gas emissions by up to 20% by 2050 in the three highest-emitting sectors: energy, mobility...
- As businesses and governments respond to global calls for action to tackle climate change, significant efforts must be put in place to achieve net zero
- The results were released during the WEF Annual Meeting 2022 - the focal point for leaders to accelerate the partnerships needed to tackle global challenges
UAE announces first case of monkeypox
The case was detected in a 29-year-old woman who arrived from West Africa.
- The case was detected in a 29-year-old woman who arrived from West Africa
- The UAE health ministry called on members of the public to refrain from spreading rumours
Economy
Saudi Arabia to form national land alliance: Minister at GLF
The forum will discuss issues like land decentralization, climate crisis, youth and land-based opportunities in rural areas, and building partnerships.
- The Saudi agriculture minister Khaled Hneifat was speaking at the 9th triannual four day Global Land Forum.
- The forum is organized by the Ministry of Agriculture, the SEEDS Jordanian youth organization and the EU.
Business
ADNOC partners with BP, Masdar
The three firms will create green hydrogen and sustainable aviation fuel.
- ADNOC and BP will begin the design phase of the H2Teesside low-carbon hydrogen project.
- Cooperation agreements related to BP's HyGreen Teesside, a large-scale green hydrogen production facility in UK.
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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
Dubai SME joins hands with CXDA to attract investment
DUBAI, UAE – The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a part of Dubai...
Business
Company News
Flydubai scales up flights
Business
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Strata announces new collaboration with Pilatus
The amended framework agreement with the leading Swiss aircraft manufacturer is set to further cement the collaboration between Pilatus and...
Business
Cameroon has great potential for investment in prospective sectors, says UAE minister Al Zeyoudi
Some companies are already discussing investment opportunities with Cameroon, including DP World that aims to manage some ports in Cameroon...
Business
US economy rose 2.9% in Q3, more than early report
The US economy grew more than initially reported in the third quarter this year, with government data released Wednesday reflecting...
Economy
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Business
Two new unconventional nonconventional gas fields discovered in Saudi Arabia
Awtad unconventional nonconventional gas field has been discovered southwest of Ghawar field, 142 km southwest of Al-Hofuf, says Saudi minister
- The Awtad unconventional nonconventional gas field has been discovered southwest of Ghawar field, 142 km southwest of Al-Hofuf, says Saudi minister
- Prince Abdulaziz bin Salman adds that the importance of these discoveries lies in increasing the Kingdom’s natural gas reserves
Business
Aramco completes three transactions with Polish refiner and fuel retailer
As part of the transaction, first announced in January 2022, the company acquired equity stakes of 30% in a 210,000...
- As part of the transaction, first announced in January 2022, the Saudi firm has acquired equity stakes of 30% in a 210,000 barrels-per-day refinery in Gdansk
- The Saudi oil company has also bought 100% stake in an associated wholesale business; and 50% in a plane fuel marketing joint venture with BP Europa SE
Business
AMEA Power completes $1.1bn deal to deploy 1GW of energy projects in Egypt
The landmark 500 MW wind and 500MW solar projects, represent US$1.1bn of investment into the Egyptian economy and takes the...
- The landmark 500 MW wind and 500MW solar projects, represent US$1.1bn of investment into the Egyptian economy and takes the company’s clean energy portfolio to 2GW in the country
- AMEA Power will build, own and operate the 500MW solar PV plant, which will be located in the Aswan governorate of Egypt. The Project is financed by International Finance Corp