Gulf aviation industry sets sky-high standards
"The demand from certain sectors indicates a strong interest in First Class, prompting us to introduce a newly-designed First Class...
Business
UAE achieves milestone in combating financial crimes
“It highlights the collaborative efforts of various committees, entities, and national bodies, including the Central Bank and the National Committee...
Economy
Business
Cybersecurity vital for UAE’s banking, customer trust
"The banking and financial sector, being a prime target for cybercriminals, necessitates evolving solutions and strategies for protection. Regulatory compliance...
- Cybersecurity is paramount to the banking sector, a crucial driver of the global economy, says UAE Banks Federation Director-General Jamal Saleh
- The digital age has transformed financial transactions and asset management, making the protection of our financial systems essential, he adds
Science
MBRSC key in elevating UAE’s space exploration status
"With the successful accomplishment of Sultan Al Neyadi’s mission to space, the Mohammed bin Rashid Space Centre has completed another...
- Sheikh Hamdan praises MBRSC team for ensuring Sultan Al Neyadi's mission success
- 'Zayed 2' mission showcases Emirati capabilities and marks a significant milestone, he adds
Economy
There’s a link between health and climate change
“As we prepare for the groundbreaking Health Day at COP28, we are resolute in our determination to address the challenges...
- At the heart of the COP28 discussions, the UAE, represented by Dr. Sultan bin Ahmed Al Jaber, emphasizes the undeniable link between climate change and health
- COP28 seeks to spotlight the fragility of global health systems, the financial implications of climate-induced health crises, and the urgent need for transformative changes
Economy
Surplus in overall balance makes UAE’s economy robust
"The fiscal policy bolstered economic growth and the competitive business environment, leading to the UAE being ranked as the fastest-growing...
- The UAE's robust fiscal performance and diversified government revenues showcase an efficient fiscal policy
- In 2022, there was a recorded 31.8 percent year-on-year growth in revenues, and a 6.1 percent rise in expenditures
Economy
Inclusive policies key to greater global cooperation
“By placing an emphasis on inclusive policies, embracing digitalization and fostering stronger international collaboration, we can establish a trade landscape...
- Shamika N. Sirimanne emphasizes the need for inclusive policies and digital transformation to boost global trade
- UN's fifth global survey shows 68.6% of trade facilitation measures from WTO's agreement have been implemented
Economy
‘Saudi Arabia sees fastest growth among G20 nations’
"The Saudi economy achieved a growth rate of 8.7 percent in 2022, the fastest among G20 countries, surpassing the expectations...
- Saudi Arabia is not just a regional influencer but a global economic powerhouse, according to its Minister of Economy and Planning, Faisal bin Fadhil Alibrahim
- With a growth rate of 8.7% in 2022 and 17th rank among the world's most competitive economies, the Kingdom is setting stage for sustainable global economic growth
Economy
‘Saudi Arabia emerges as a leader in digital economy’
"Today, the Kingdom takes pride in its advanced technological sector, which has solidified its regional and global position as a...
- Saudi Arabia ranks second in digital competitiveness among G20 countries, fourth globally in the Digital Readiness Index, and garnered $446m in venture capital investments in H1
- Women's participation in Saudi sectors rose from 7% to 33%, the Kingdom launched the world's largest virtual hospital, and introduced the first Arab and Muslim female astronaut
Geostrategy
‘Qatar leads the charge in food security initiatives’
Several ministers of agriculture and food security from UN's Food and Agriculture Organization member states at the event discussed key...
- Qatar plays a major role in advancing food security at local, regional, and global scales, says Qatar’s Municipality Minister
- The country's key initiatives include dairy cow importation, poultry self-sufficiency, and innovative greenhouse techniques
Arts & Culture
‘Sharjah solidifies its global cultural hub status’
"The Sharjah International Book Fair has established itself as an exemplary Arab accomplishment, and we are elevating its role to...
- Sharjah is solidifying its status as a global cultural hub and serves as a reliable destination for all those seeking to discover Arab culture
- Sharjah International Book Fair has established itself as an exemplary Arab accomplishment, and the emirate is elevating its role to enrich global culture
Geostrategy
UAE and Africa strengthen carbon market collaboration
"Our collaboration with the Africa Carbon Markets Initiative provides carbon market buyers in the UAE and wider region with access...
- The UAE Carbon Alliance has signed a Letter of Intent for a US$450 million purchase of African carbon credits by 2030
- Collaboration with Africa Carbon Markets Initiative will provide UAE with access to high-quality carbon credits from Africa
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Gulf aviation industry sets sky-high standards
"The demand from certain sectors indicates a strong interest in First Class, prompting us to introduce a newly-designed First Class...
Business
Company News
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Embracing renewables secures UAE’s green future
"COP28 saw all parties reach an agreement on the historic ‘UAE Consensus.’ This consensus includes achieving a well-organized, responsible, fair,...
Economy
UAE leads in cybersecurity for unmanned systems
"The digital transformation, which relies on artificial intelligence technologies, has touched all sectors and contributes to improving the quality of...
Business
Qatar’s strategic initiatives boost sustainable infra
"The financial sector is well-positioned to leverage the opportunities and address the risks presented by the technological evolution. We are...
Economy
Most Read
Geostrategy
‘Multilateral cooperation remains crucial for peace’
"The UAE’s priority (amid the ongoing Gaza conflict) is to work towards reaching a ceasefire, safeguarding the lives of civilians,...
- UAE Minister Khalifa Shaheen Almarar emphasizes on multilateralism, cooperation, and adherence to international law and UN Charter.
- Almarar also highlight of the UAE's relief efforts in Gaza and contributions as a non-permanent UN Security Council member.
Economy
Global leaders need digital skills for AI management
"Governments should design solutions to face these challenges rather than ignoring them, leveraging the positive effects and significant opportunities presented...
- Equipping global leaders with digital skills will ensure effective implementation across various economic sectors.
- The success of governments is tied to their proactive approach in adapting to new technological advancements.
Economy
Dubai at forefront of sustainable energy innovations
“We're witnessing strong, growing, and sustainable demand for energy and water in Dubai. In 2023, the peak electricity load rose...
- DEWA’s state-of-the-art infrastructure bolsters Dubai's global economic and trade hub status.
- World's largest solar-powered desalination plant is set to enhance the emirate's water security.