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
‘WTO champions global trade stability, prosperity’
"It is contributing to raising living standards, improving employment opportunities and enabling the expansion of trade in goods and services"...
Economy
Geostrategy
Iran-Saudi relations ‘are based on mutual respect’
"Efforts are underway to reopen diplomatic and consular missions between Saudi Arabia and Iran, including the reopening of Iran's embassy...
- Efforts are being made to reopen diplomatic missions, including embassies and consulates, between Saudi Arabia and Iran
- Resumption of normal relations is set to foster joint cooperation and positively impact both countries, says Saudi minister
Economy
Qatar establishes itself as a top tourist destination
"Qatar Tourism is committed to building on the success of the FIFA World Cup 2022 and continuing to promote the...
- Hosting the FIFA World Cup 2022 contributes to a record-breaking number of tourists visiting Qatar, says Qatar Tourism chief
- Qatar Tourism focuses on promoting cultural authenticity, modern infrastructure, and a world-class travel experience, he adds
Arts & Culture
‘UAE is all for gender equality, women empowerment’
"We firmly believe that the full, equal and meaningful participation and inclusion of women across society is essential for achieving...
- UAE Minister of State, Noura Al Kaabi, announces a $15 million pledge to UN Women over the next three years (2023-2025)
- The funds are aimed to advance gender equality, women empowerment, and the Women, Peace and Security agenda worldwide
Economy
Phase out fossil fuels to avoid climate catastrophe
Limiting global temperature rise to 1.5 degrees Celsius is still possible but will require a 45 per cent reduction in...
- UN Secretary-General António Guterres urges a 45% cut in carbon emissions by 2030 to limit global temperature rise to 1.5°C
- Current policies could lead to a 2.8°C temperature rise by the end of the century, posing a catastrophic threat, adds Guterres
Economy
Regulating energy providers crucial for sustainability
“The new policy will contribute to the UAE’s GDP and help achieve financial returns that amount to AED21.5 billion (US$5.85bn)...
- UAE enforces policy to regulate energy providers, boost infrastructure, and foster investments, innovation, and modern technologies in the sector, says energy minister Al Mazrouei
- The new policy outlines contractual frameworks and public-private partnerships, targeting energy and water consumption reduction, carbon footprint, and building operational costs
Economy
Child labor on the rise for the first time in 20 years
He emphasizes the need to tackle the underlying causes of child labor by eradicating forced labor, ensuring safe and healthy...
- The root cause of child labor is identified as a systemic lack of social justice, not parental neglect, says ILO's Director-General Gilbert Houngbo
- One in every 10 children globally, amounting to 160 million children, are engaged in labor, often at the expense of their education, he adds
Business
Arab-China summit sees $10bn deals on first day
Investment agreements between the two sides covered diverse sectors such as technology, renewables, agriculture, real estate, minerals, supply chains, tourism,...
- Investment agreements between the two sides covered diverse sectors such as technology, renewables, agriculture, real estate, minerals, supply chains, tourism, and healthcare
- The MoU between the Saudi Ministry of Environment and the Beijing Institute of Genomics aims to enhance food security and environmental protection in Saudi Arabia
Economy
Arab-China summit will bolster bilateral economic ties
The event is aimed at bolstering trade and economic alliances between Arab and Chinese business communities and to explore a...
- The 10th Arab-China Business Conference is aimed at strengthening trade and economic alliances between the Arab and Chinese business communities
- Technology, renewable energy, agriculture, real estate, minerals, and supply chains remain the prime focus of the conference being held in Riyadh
Economy
Investment in solar to eclipse oil for the first time
"Almost all our indicators on climate are pointing in the wrong direction”, with emissions hitting record highs; finance commitments remaining...
- Almost all indicators on climate are pointing in the wrong direction with record-high emissions and unmet finance commitments, warns UN official
- Amina Mohammed also calls for an Acceleration Agenda, urging countries, especially the G20, to cooperate to speed up climate action
Geostrategy
Tajikistan, Qatar seek to bolster bilateral relations
"Undoubtedly, since both countries have opportunities to establish mutually beneficial cooperation by using Qatar's investments to process Tajik raw materials...
- Tajikistan official Kodirzoda Sadi Sanginmurod highlights major prospects for enhancing trade and economic collaboration with Qatar, following the Emir's recent visit
- Tajikistan seeks Qatari investment to transform raw materials into high-value exports, targeting rapid industrialization, with potential collaboration in various sectors
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
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
Company News
Latest News
‘AD Ports redefines future of maritime and logistics’
"Our achievements demonstrate that traditional approaches no longer suffice in the rapidly evolving global market. We have embraced change, not...
Business
UAE’s CEPA program marks ‘exponential growth’
“Trade has always been important to the UAE, a bridge connecting our products, skills, and natural resources to the world,...
Economy
‘Gulf-Korea FTA marks historic economic milestone’
"The implementation of such free trade agreements follows directives from GCC leaders aimed at strengthening economic ties with other countries...
Economy
Most Read
Business
‘Diverse economic needs boost global sukuk market’
"Rising rates negatively impact global issuances of sukuk, thereby affecting the global sukuk market. This reduces the appetite of global...
- The Sukuk market is projected to reach $823.4 billion by Q3-2023, reflecting a significant 9.8% annual growth, indicating its continued expansion.
- Sukuk adoption is driven by factors such as filling budget gaps, diversifying funding sources, and establishing flexible financial tools for economic stability.
Economy
‘Private sector plays vital role in Gulf integration’
"The GCC has all the potential to become a strong economic alliance capable of asserting itself on the global economic...
- The GCC has all the potential to become a strong economic alliance capable of asserting itself on the global economic map.
- This potential is attributed to its natural resources, distinctive geographical location, and robust global alliances with nations.
Strengthening cultural diversity key focus of Sharjah
“Our annual event agenda is packed with international activities that attract content creators and writers from around the world. This...
- The Sharjah Book Authority champions cultural diversity and Arab culture enrichment, says its chair Sheikha Bodour bint Sultan Al Qasimi.
- 'Big Bad Wolf – Sharjah', the world's largest book sale event, features over 1 million books across various genres with up to 85% discounts.