Russia ready to discuss Turkey’s idea about guarantors for Israel, Palestine, says Lavrov
PYONGYANG, NORTH KOREA - Russia is ready to discuss and consider Turkey’s initiative to establish a guarantor system in the...
Geostrategy
Archer to launch its all-electric air taxi service across UAE
ABU DHABI, UAE - Archer Aviation on Tuesday announced that it has entered into an agreement with Abu Dhabi Investment...
Business
Geostrategy
UAE warns public against flouting Covid-19 measures, spreading rumors
The Federal Agency said that irresponsible behavior which derails UAE's anti-COVID steps will be punishable by law.
- The Federal Emergency Crisis and Disasters Prosecution says such actions are punishable under law.
- The prosecution urged community members and social media users to act responsibly when sharing or circulating COVID-19-related news.
Business
Silal picks new CEO
Alameri has 20 years of experience in leading management positions across key economic sectors.
- Alameri will work to drive the company's strategic growth, harness leading capabilities and deploy advanced technology to secure strategic food reserves
- The responsibility of ensuring access to safe, nutritious and high-quality food for citizens and residents of the UAE will also lie with the CEO
Geostrategy
Dubai provides more safeguards for people with special needs or disabilities
Dubai has issued a law that seeks to include the people with special needs or disabilities---known as the people of...
- Dubai ruler Sheikh Mohammed issues new law that sets forth the rights of people with disabilities and the services that relevant entities should provide them.
- The law also outlines the tasks and responsibilities of government entities in implementing the law.
Business
MoHRE of UAE asks employers to pay wages via WPS
The Ministry of Human Resources and Emiratisation (MoHRE) has asked private sector establishments to pay the wages of their workers...
- The WPS enables employers to fulfill their obligations towards their workers in the easiest way through the strategic partnership with the Central Bank
- MoHRE provides the 'Statement of Account' service to the establishments registered with it on a monthly basis
Business
Zayed University teams up with Injazat for EdTech projects
Zayed University has signed a Memorandum of Understanding (MoU) with Injazat, a Digital Transformation, Cloud, and Cyber Security company, to...
- The partnership will see Zayed University match students from their College of Interdisciplinary Studies
- The program will benefit from InGenius, the dynamic innovation lab by Injazat that follows the methodology of using agile practices, lean processes
Economy
Suriname, Tanzania, and Senegal explore investment opportunities at Expo
Suriname, Tanzania, and Senegal have explored investment and other opportunities to collaborate with the stakeholders from across the region and...
- Suriname is a country on the north-eastern Atlantic coast of South America, the most forested country of the world with 28 hectares of forest per capita.
- CEO Clubs Network organized an event dedicated to tourism opportunities in Tanzania.
Business
GMG to foray into North Africa
Plans to open more than 100 stores in Egypt within next five years.
- The group plans to introduce its sneakers-focused concept, dropkick, and its Nu Athlete concept catering to a youth demographic.
- Recently, GMG said that by 2025, it aims to double its global workforce through acquisitions, developing fresh concepts, and entering new geographies.
Business
ADJA of Abu Dhabi launches “Child-Friendly Justice” drive
The Abu Dhabi Judicial Academy (ADJA) has launched its first training program under the "Child-Friendly Justice" initiative, seeking to bring...
- The ADJD Under-Secretary announced that five short training films are being produced and will include lectures translated into Arabic
- This would contribute to the modernization and development of criminal, personal status and civil procedures
Business
DEWA presses into service 1310 power stations in Dubai
Dubai Electricity and Water Authority (DEWA) has pressed into service 1,310 new 11 kv power distribution stations across Dubai in...
- This is part of its efforts to provide a state-of-the-art infrastructure that keeps pace with growing demand and meets customer needs
- DEWA continues its efforts to conduct its work according to set plans, while implementing all the precautionary measures to limit the spread of COVID-19
Business
Abu Dhabi Exchange and FTSE Russel create new benchmark indices
The Abu Dhabi Securities Exchange (ADX) and FTSE Russell have partnered to develop co-branded indices, supporting the exchange’s recently launched...
- FTSE ADX sector indices will take the place of the existing sector indices, leveraging the Industry Classification Benchmark.
- ADX is the first exchange in the region to make FTSE Russell its index administrator.
Most Read
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
Russia ready to discuss Turkey’s idea about guarantors for Israel, Palestine, says Lavrov
PYONGYANG, NORTH KOREA - Russia is ready to discuss and consider Turkey’s initiative to establish a guarantor system in the...
Geostrategy
Company News
Latest News
ADCB green bond raises $500m
Business
Saudi minister calls for road map to enhance OIC “media action”
Riyadh, Saudi Arabia— Saudi Media Minister Majid Al-Qasabi has called for developing a trust-based road map with clear mechanisms to...
Geostrategy
Qatar Chamber to build trade and economic ties with Benin
Doha, Qatar— Qatar Chamber has signed an agreement with the Benin Chamber of Commerce and Industry to develop economic and...
Business
GCC unveils Center for Disease Prevention and Control
Riyadh, Saudi Arabia—The GCC has unveiled the Gulf Center for Disease Prevention and Control in Riyadh to enable the prevention...
Economy
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Science
Shamma bint Sultan calls for collaboration on climate change
Executive Director of the UAE Independent Climate Change Accelerators (UICCA) Sheikha Shamma bint Sultan bin Khalifa Al Nahyan highlighted the...
- Sheikha Shamma made the comments at the keynote address at the inaugural London Climate Technology Show.
- She called for greater innovation and collaboration between nations to identify and execute solutions that would drive positive impact.
Business
ADX records 16.9% surge in FADX 15 during first three quarters of 2022
The traded values (short and long trades) on the exchange reached $177 billion compared with $134 billion during the same...
- The traded values reached $177 billion compared with $134 billion during the same period last year
- The growth was driven by a rising number of institutional and individual investors on the exchange
Business
ACWA Power to start Oman project
It will build the $7bn project with Oman and a US firm.
- The three companies signed a joint development agreement for the multibillion-dollar facility in May this year
- The project is expected to replicate processes put in place for a similar hydrogen and ammonia facility being developed in the $500 billion futuristic city NEOM