Nearly 5,000 member companies join Sharjah Chamber in 2023
SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has logged an impressive surge in new memberships this...
Business
Air Arabia launches non-stop flights between UAE’s Sharjah, Egypt’s Giza
SHARJAH/ ABU DHABI, UAE - Air Arabia announced the launch of a new route operating between Sharjah and Giza city...
Business
Business
UAE Innovates 2022 to launch on 1 Feb, will run alongside Expo
The UAE Innovates 2022, which is aimed at cultivating a culture of innovation within the public sector and engaging the...
- Innovation Month 2022 will also include the launch of the second edition of the UAE Innovates Awards.
- Activities during the month will include new programs, specialized workshops, and interactive sessions.
Geostrategy
UN will support Iraq’s efforts for development, prosperity: Official
The head of the United Nations Assistance Mission for Iraq (UNAMI), Jeanine Hennis-Plasschaert, has said the UN will continue supporting...
- Head of the United Nations Assistance Mission for Iraq (UNAMI), Jeanine Hennis-Plasschaert, says 2021 was an important year for Iraq.
- Hennis-Plasschaert said many challenges remain although there have been achievements too.
Economy
Many factors shaping global economic outlook: Expert
UBP Senior Portfolio Manager Fares Benouari has predicted that 2022 would see greater exposure to ESG, automation, and fintech in...
- UBP Senior Portfolio Manager Fares Benouari has said the current global economic outlook depends on strains, spells, and administrative responses
- He also pointed out that businesses, however, have made productivity gains, pivoting to digital, increasing efficiencies, and reducing costs
Business
Jordan and Saudi Arabia discuss ways to develop agriculture sector
Jordan and Saudi Arabia have discussed the ways to increase the exchange of crops and foodstuffs between the two countries....
- Jordan's Minister of Agriculture Khaled Hneifat met a delegation of the Saudi Ministry of Agriculture, Environment and Water.
- The two sides held also discussed the most important export obstacles and some procedures on the two countries' borders.
Business
AFZ registers 349 new companies in Q3 2021
The results of the operational performance analysis also reflect the Free Zone’s distinct position in the emirate's export and re-export...
- In its report, AFZ said that education was the fastest-growing sector in the Free Zone with 34 percent growth, followed by advanced technology and health
- The Free Zone also recorded a 12 percent growth in the number of new companies registered in the food and beverage sector
Economy
World Bank approves $112 million to fund employment in Jordan
Jordan’s persistently high levels of unemployment are driven by the limited capacity of its private sector to create more and...
- WB finances the National Employment Programme (NEP) in the country to help its recovery from the COVID-19 pandemic by promoting private sector-led job creation
- The NEP aims to enable more than 2,000 private sector firms to hire and train over 63,000 new employees, a third of them women
Business
Mubadala, G42 plan campus
The biopharma campus is expected to be set up in Abu Dhabi.
- The biopharma campus is expected to tap into global vaccine and therapeutic products to strengthen regional supply chains
- It is also expected to drive the UAE’s diversification and economic-growth agenda
Business
Qatar and Iraq discuss cooperation in transportation sector
Minister of Transport Jassim bin Saif Al Sulaiti, and Minister of Transport of the Republic of Iraq Nasser Hussein Bandar...
- The total number of passengers who used the Doha Metro during the FIFA Arab Cup 2021 exceeded 2.5mn with an average of 130,000 passengers daily.
- According to Qatar Rail, the Doha Metro operated 50,000 trips during the tournament, covering 885,000km, and the average time between trains was 2.5 minutes
Arts & Culture
SBA signs pact with Rimini Meeting for cross-cultural exchange
Prominent world personalities hosted at Rimini Meeting over the years include Pope Francis; Dr. Boutros Boutros-Ghali, former UN Secretary-General
- The Italy based Rimini Meeting is Europe’s leading cross-cultural entity that hosts the world’s most notable thought and enlightenment leaders
- The MoU stipulates the terms for launching mutual initiatives to promote human values, as well as investing in arts, literature and knowledge
Geostrategy
Arab Parliament meet discusses strategy to tackle child exploitation
The committee’s members reviewed the updates on the preparation for the Arab Forum on the requirements for enhancing economic integration...
- Hasan Ali Al Madhani, Member of the State Council, chaired the deliberations of the Joint Committee on Sustainable Development
- Al Madhani gave a presentation on the participation of the Arab Region Parliamentary Forum on the 2030 Agenda for Sustainable Development
Nearly 5,000 member companies join Sharjah Chamber in 2023
SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has logged an impressive surge in new memberships this...
Business
Company News
ADX partners with FTSE Russell
Business
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UAE gross banks’ assets up 0.9% to over $1tn by Aug end
The Money Supply aggregate M2 increased by 1.4 percent from $437 billion at July end to $443 billion at the...
Economy
UAE to provide Ukraine with $100m in humanitarian aid
Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy said the UAE's continued efforts to mitigate the humanitarian...
Economy
Abu Dhabi, Bangladesh to enhance trade, economic ties
The Abu Dhabi Department of Economic Development (ADDED), and Bangladesh Embassy in Abu Dhabi, have organized the Economic Cooperation Forum...
Geostrategy
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Geostrategy
Nord Stream probe tailored against Russia, says Kremlin
The Kremlin said that the investigation into the explosions that tore through the Nord Stream gas pipelines was being 'tailored'...
- Russia has accused Western countries of being behind the explosions of the pipelines.
- Russia had earlier expressed bewilderment over its exclusion from an investigation into the incident.
Business
Morocco supervisory authority approves Takaful Insurance Company
Rabat, Morocco---A Takaful insurance company will be established in Morocco by Qatar Islamic Bank, Atlanta Insurance and Moroccan Tourism and...
- The Atlanta Insurance Company will hold 60% of the shares, Moroccan Tourism and Real Estate Loan Bank 20% and Qatar Islamic Insurance Company and QIIB 10% each.
- Takaful is Sharia-compliant Islamic insurance wherein members contribute money into a pool system to guarantee each other against loss or damage.
Economy
CBUAE issues commemorative coins on Tawazun’s 30th anniversary
The Central Bank of the UAE (CBUAE) in collaboration with the Tawazun Economic Council (Tawazun), has issued 1,000 silver commemorative...
- Tawazun was established in 1992 to create, build and manage industrial relationships.
- The issuance of the commemorative coins aims to highlight the vital role of Tawazun.