IMF, UAE, other countries meet on anti-money laundering, counter terrorism financing
ABU DHABI, UAE - International Monetary Fund (IMF), in collaboration with the UAE Executive Office of Anti-Money Laundering and Counter...
Geostrategy
Geostrategy
KSA, Greece partner to support growth of digital economy
The two countries discussed cooperation in establishing an advanced digital infrastructure.
- The two countries discussed cooperation in establishing an advanced digital infrastructure
- Partnership was reviewed between Saudi IT Minister Eng. Abdullah bin Amer Al-Sawaha and the Greek minister Adonis Georgiadis
Business
Sharjah Ramadan Festival to offer deals and discounts
The festival is organized by the SCCI in cooperation with local government departments, bodies, institutions, and the private sector.
- The 32nd edition of the festival comes after the SCCI launched an integrated strategy under the theme Sharjah Offers
- It will apparently feature activities to promote the experience across various regions and cities of Sharjah during Ramadan
Infographics
GCC countries lead the world in remittances
Over the past four years, GCC members have seen billions of dollars being remitted to other countries.
- Member nations of the GCC have always had a healthy representation of immigrants in their workforce
- As a result, these countries also see some of the largest amount of remittances sent out of them
Business
Qatar signs air services agreement with Jordan
The agreement is said to have been formally signed in Qatar’s capital city Doha.
- The Acting Chairman of Qatar’s General Authority of Civil Aviation, Mohammed Al-Hajri, inked the deal for his country
- Jordan’s Civil Aviation Regulatory Commission CEO Haitham Misto signed the agreement on behalf of his country
Business
UAE e-commerce hits $5bn in 2021, may surpass $8bn by 2025
E-commerce in the UAE surged to over $5 billion in 2021 and is projected to surpass $8 billion by 2025,...
- More consumers in the UAE made online purchases across all categories during 2021, compared to 2020, with 75 percent of respondents typically purchasing online.
- The UAE and Qatar are on top, with GDP-per-capita above $40,000 and internet penetration above 90 percent.
Business
NYU Abu Dhabi to host first Quantum Computing Hackathon
NYU Abu Dhabi (NYUAD) will host the region’s first-ever Quantum Computing International Hackathon with a focus on innovation, entrepreneurship, and...
- This year, more than 200 participants from more than 30 countries will convene at NYUAD and learn about quantum computing and quantum-based technologies
- Experts from businesses including Microsoft, AstraZeneca, IBM, AWS and qBraid will also be represented and available as a source of mentorships to the participants
Arts & Culture
Irthi Contemporary Crafts Council focuses on palm fiber at Art Dubai
The 15th edition of Art Dubai which displayed findings of its advanced palm fiber research and palm textile prototype, paving...
- Irthi Contemporary Crafts Council, an affiliate of the UAE-based NAMA Women Advancement, explored UAE’s relationship with date palm.
- It discussed how such local, environment-friendly materials could pave the way for the creation of a circular economy centered on palm waste.
Geostrategy
Arab Youth Council and HSBC to educate Arab students about climate action
HSBC sponsors the program that provides open-source sustainability skills, ideas and solutions to all university and college students in the...
- The two parties signed a pact by which they will cooperate in building the capacities of students and developing their skills.
- The two parties would collaborate to implement an interactive curriculum project available to all students of universities, colleges.
Business
Saudi Ports Authority posts 17.5 percent increase in cargo volume
Saudi Ports Authority has posted a 17.5 percent increase in its general cargo's volume of tons in 2022, compared to...
- The volume of tons has exceeded 24.4 million tons, while the number of transshipment containers has increased by 3.4 percent during that period
- However, the global supply chain disturbance has led to a decrease in Saudi ports’ volume of foodstuffs by 2.05 percent — and a fall in the number of livestock by almost 63 percent
Geostrategy
The first World Police Summit begins at Dubai Exhibition Center
The summit will address the needs and challenges of modern happenings such as cybercrime, urbanization, digital evolution and post-pandemic recovery.
- It is a four-day event hosted and organized by Dubai Police in collaboration with dmg events.
- The summit features themed conferences and keynote addresses and panel discussions with experts.
Company News
Latest News
ECI reviews programs, initiatives to align them with ‘Projects of the 50’
Dubai, UAE— Etihad Credit Insurance (ECI) has reviewed its programs and initiatives in a meeting chaired by Abdulla bin Touq...
Business
Al Seer Marine orders 4 new tankers
South Korea's K Shipbuilding will deliver the tankers in 2024.
Business
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Geostrategy
Saudi Crown Prince and PM arrives in Indonesia for G20 summit
Bali, Indonesia— Crown Prince and Prime Minister of Saudi Arabia, Mohammed bin Salman, has arrived in Indonesia to take part...
- The crown prince met with French President Emmanuel Macron, Turkish President Recep Tayyip Erdogan and other leaders on the sidelines of the G20 summit
- The 17th edition of the G20 Summit will extensively focus on key issues of global concern under the theme of ‘Recover Together, Recover Stronger’
Arts & Culture
European Film Festival commences at Haya Cultural Center in Amman
Amman, Jordan— Intended to open up a space for intercultural cooperation, the 34th edition of the European Film Festival (EUFF)...
- Hadjitheodosiou said cultural diversity is an integral part of the values of the European Union
- She lauded Jordan's role in promoting cultural appreciation and understanding, protecting diversity and cultural heritage
Geostrategy
It’s time to create and support Climate Solidarity Pact
Proposing the creation of a Climate Solidarity Pact, bringing together developed and emerging economies to combine resources and capacities to...
- G20 can play an important role in resolving global crises, says UN Secretary-General António Guterres ahead of the event in Bali, Indonesia
- Guterres urges the bloc to support his initiatives to address climate change, sustainable development, the worldwide food and energy crises, and digital transformation