UAE’s global investments grow amid economic crisis
"The UAE has strengthened its position in the global economy. The total value of UAE assets abroad, whether government or...
Economy
UAE backs women in climate action, gender equality
“Today’s frameworks to advance gender equality and women’s empowerment ring hollow in the face of the war on Gaza, which...
Arts & Culture
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"...
- Comoros and Timor-Leste sign Protocols of Accession, set to join WTO within 30 days.
- Accessions signify global confidence in the WTO and promise their economic growth.
Economy
Finland, UAE eye collaborations in clean technologies
"There's considerable work to be done to establish a level playing field where low-energy technologies can be freely traded. I...
- Finland is aiming for climate neutrality by 2035 through the adoption of low-energy, clean technologies.
- The WTO can help establish a level playing field for the trade of environmental goods and services.
Geostrategy
WTO reforms essential to meet global challenges
“Japan and the UAE will deepen their cooperation beyond traditional areas such as energy and the economy to include a...
- WTO’s 13th Ministerial Conference: Scheduled in Abu Dhabi, aims to address global challenges and reforms.
- Japanese Minister Yoko Kamikawa stresses the need for WTO to transform and tackle global issues effectively.
Economy
UAE’s economy rides on tech and renewable energy
"The UAE's dedication to innovation and international partnerships as vital to enhancing its position on the global economic stage, bolstering...
- UAE's economy expected to grow over 5.5% in 2024, says Damian Hitchen, CEO of Saxo Bank in the MENA region.
- Its strategic location and diversification from oil to tourism, tech, and renewable energy spur economic growth.
Economy
GCC, OPEC boost ties to stabilize global oil markets
During his meeting with OPEC Secretary General Haitham Al Ghais, Albudaiwi praises the significant efforts of OPEC and its crucial...
- GCC commits to global oil market stability through OPEC cooperation, says GCC Secretary General Jasem Mohamed Albudaiwi.
- OPEC predicts strong oil demand growth in 2024, led by economic activity in China and air travel recovery.
Business
Bank plays crucial role in funding sustainable future
"We continue to capitalize on the promising opportunities in this market through innovative offerings and solutions, while strengthening our substantial...
- ADIB launches a framework aimed at supporting environmental protection and social justice projects.
- The Abu Dhabi-based bank is first global financial institution to issue US dollar-denominated green sukuk.
Economy
Strategic initiatives help UAE lead digital economy
“This economy merges national skills and technological solutions, creating an advanced model that contributes to achieving the goals of the...
- The UAE is aiming to significantly boost the digital economy's contribution to the non-oil GDP over the next decade.
- Efforts are being ramped up to accelerate the adoption of digital solutions across various sectors in the Gulf country.
Interview
WEF24: Pragmatic actions to help in carbon neutrality
Technology investment and corporate partnerships can play a crucial role in driving significant emission reduction, Hans Kobler of Energy Impact...
- Technology investment and corporate partnerships can play a crucial role in driving significant emission reduction, Hans Kobler of Energy Impact Partners tells TRENDS.
- He stresses the need for concrete action, emphasizing the importance of pragmatic strategies and sustained investment to overcome the challenges of climate finance.
Economy
UAE achieves a milestone in economic diversification
“This is a genuine milestone for our nation. The expansion of foreign trade is a pillar of the UAE’s economic...
- Despite a global trade decline, the UAE records significant growth in non-oil foreign trade.
- CEPA program expands UAE's trade network, enhancing market access and opportunities.
Interview
WEF24: Virunga battles deforestation, habitat loss
Climate finance plays a critical role in protecting Virunga National Park through innovative solutions like hydroelectric energy, director Emmanuel de...
- Climate finance plays a critical role in protecting Virunga National Park through innovative solutions like hydroelectric energy, director Emmanuel de Merode tells TRENDS.
- Addressing investment risks and finding sustainable funding methods for forest protection become significant challenge amid ongoing regional conflicts, de Merode adds.
UAE’s global investments grow amid economic crisis
"The UAE has strengthened its position in the global economy. The total value of UAE assets abroad, whether government or...
Economy
Company News
UAE backs women in climate action, gender equality
Arts & Culture
Latest News
‘Culture and arts bridge global understanding’
Arts & Culture
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
Qatar backs joint transition to low-carbon energy
Eng. Saad bin Sherida Al Kaabi notes that Qatar has consistently underscored its strong and supportive position regarding natural gas...
Economy
Investment and innovation behind Qatar’s tech success
Maher praises the Gulf country for its substantial efforts, investments, and innovative ideas that have transformed it into a prime...
Economy
Most Read
Economy
‘Emphasis grows on market protection over free trade’
"We believe that enhancing competitiveness and ensuring that the nations offering the best products and services come out on top...
- Sweden remains committed to the rules-based international trade system amidst rising geopolitical tendencies.
- Swedish Minister Johan Forssell calls for enhancing competitiveness over subsidy reliance for economic development.
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"...
- Comoros and Timor-Leste sign Protocols of Accession, set to join WTO within 30 days.
- Accessions signify global confidence in the WTO and promise their economic growth.
Economy
Finland, UAE eye collaborations in clean technologies
"There's considerable work to be done to establish a level playing field where low-energy technologies can be freely traded. I...
- Finland is aiming for climate neutrality by 2035 through the adoption of low-energy, clean technologies.
- The WTO can help establish a level playing field for the trade of environmental goods and services.