Science
UAE hosts a conference of Arab ministers of higher education
The UAE is hosting the 19th Conference of Arab Ministers of Higher Education and Scientific Research, which is organized by...
- The conference aims to enhance Arab cooperation in the field of higher education and scientific research, to achieve development, progress and sustainability of knowledge
- Dr. Hamad Al Yahyai, Assistant Undersecretary of Curriculum and Assessment Sector at the Ministry of Education, stressed that hosting the 19th conference enhances the UAE’s stature
Business
REEF, Americana Group to open cloud kitchens across MENA region
Cloud kitchens are kitchens built only for delivery orders, pioneered in the biggest US cities before they spread across the...
- The two companies said they have entered into a joint venture for the purpose
- The cloud kitchens will belong to not just REEF and Americana but third parties as well
Economy
Bahrain’s economy grows 2.09% in Q3 2021
The national accounts report shows that the growth is the outcome of the rise achieved by the non-oil sector by...
- The national accounts report shows that the growth is the outcome of the rise achieved by the non-oil sector by 3.76 percent in real terms and 5.94 percent at current prices
- The oil sector fell by 4.63 percent in real terms and increased by 39.95 percent at current prices compared to the same quarter of 2020.
Economy
Food prices rose 28.1% in 2021, may remain high in 2022: FAO
The FAO’s Food Price Index, which tracks monthly changes in international prices, averaged 125.7 points.
- FAO Senior Economist Abdolreza Abbassian explained that high prices are normally expected to ease as production increases to match demand
- This time, however, the global pandemic and ever climatic conditions ‘leave little room for optimism’ even in 2022, she said
Economy
UAE issues circular to ministries for remote working on Friday
The Federal Authority for Government Human Resources (FAHR) of the UAE issued a circular to all ministries and federal entities...
- Employees with residences far from workplaces would be prioritized as well as other humanitarian conditions in this aspect would also be considered.
- The step is taken to ensure continuity of service provision and the federal government’s proper functioning during the implementation of the remote working system
Business
SEWA implements development projects worth over $14.78m
The Central Region Department of the Sharjah Electricity, Water and Gas Authority (SEWA) implemented a number of development projects during...
- 80 projects have been implemented for network modifications and approximately 50 transformers are installed in the central region.
- Cables have been extended to implement these projects with up to 197,624 km of length, and the total cost of the projects is $14.78 million.
Business
MoHAP of UAE and Bayer to launch a new initiative “STEPS”
The Ministry of Health and Prevention (MoHAP) has signed a Memorandum of Understanding (MoU) with Bayer Middle East to launch...
- The new initiative aims to support the local health authorities by developing the capabilities of the various components of the medical system
- The launch of the STEPS program aims to enhance the capabilities of all parties to the health economics system in the UAE
Business
India aims at boosting honey exports to UAE, Saudi Arabia
India started its honey exports only in the fiscal year 1996-97, and is the world’s eighth-largest honey producer and ranks...
- India started its honey exports only in the fiscal year 1996-97, and is the world’s eighth-largest honey producer and ranks ninth among the honey exporting countries globally.
- The markets of Indian honey where APEDA is planning to boost its export includes the UAE, Saudi Arabia, Bangladesh and Canada.
Business
EDB and AD Ports team up to support industrial sector in UAE
Emirates Development Bank (EDB) has signed an MoU with Industrial Cities and Free Zone Cluster of AD Ports Group to...
- The financial solutions can be utilized to build new facilities, purchasing, or leasing existing facilities as well as acquiring, upgrading, and maintaining the units’ assets
- The MoU aligns with EDB’s continuous efforts to enable the industrial transformation and economic diversification agenda in the UAE
Economy
Ajman’s $656m budget for 2022 focused on infrastructure, community facilities
Ajman's budget of AED2.41 billion ($656m) for 2022 has been approved by the emirate's ruler Sheikh Humaid bin Rashid Al...
- Economic affairs (34 percent), public services (19 percent) and public order and safety (eight percent) are the other sectors that account for the rest of the budget.
- The 2022 budget is the largest in the emirate’s history, and 17 percent higher than last year’s budget.
Company News
ADCB green bond raises $500m
Business
Latest News
UAE Minister highlights youth’s role in sustainable food systems
DUBAI, UAE - UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the World Food...
Economy
Saudi Arabia is spending big on golf and transforming the sport forever
Since June 2022, when the first Liv Golf tournament funded by Public Investment Fund was played, nine golfers in the...
Business
DIEZ cooperates with DP World to support career initiative Tumoohi
Dubai, UAE---Dubai Integrated Economic Zones Authority (DIEZ) will collaborate with DP World to support the Tumoohi Initiative, a training program...
Economy
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Geostrategy
Jordan to host 2022 OSCE Mediterranean Conference
AMMAN, JORDAN - Jordan will Monday host the 2022 Organization for Security and Co-operation in Europe (OSCE) Mediterranean Conference, organized...
- The two-day meeting in the Dead Sea region will bring together representatives from 57 OSCE countries and six Mediterranean countries.
- These countries will discuss advancing security and cooperation in the region through dialogue with the OSCE Mediterranean Partners for Cooperation.
Business
S. Korea, Arab nations to hold new round of FTA talks
SEOUL, S. KOREA - South Korea and a group of Arab countries will hold another round of negotiations for their...
- South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round of official talks for a bilateral free trade agreement.
- Goods and services trading, country of origin, digital trade and intellectual property rights will be discussed.
Geostrategy
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...
- The minister was speaking at the 12th session of the Islamic Conference of Information Ministers of the Organization of Islamic Cooperation in Istanbul
- OIC Secretary-General Hissein Brahim Taha addressed the opening session of the conference, held under the theme of “Combating Disinformation and Islamophobia in the Post-Truth Era"