‘GCC set to dominate global cryptocurrency market’
“Oman is emerging as a standout in the regional crypto mining landscape, highlighted by its support of Exahertz, an Omani...
Business
Doctors play key role in enhancing healthcare system
“Emirati doctors play a key role in enhancing the healthcare system and promoting health and wellness throughout society. We look...
Business
Economy
‘Use AI to bridge global economic gaps, promote peace’
“To ensure AI makes ethical, inclusive, and prosperous decisions, we must educate ourselves on its workings. It’s crucial to manage...
- Omran Sharaf, the UAE's Assistant Foreign Minister, stresses the importance of respecting differences for proper AI development in national and regional contexts.
- He underscores AI's role in technological advancement, sustainable development, and the need for an effective international AI governance framework.
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.
Geostrategy
‘Qatar plays crucial role in enhancing transparency’
"Uzbekistan is eager to strengthen its cooperative relationship with Qatar, particularly in anti-corruption efforts. Qatar has achieved advanced rankings and...
- Uzbekistan's Deputy Minister Ilkhom Norkulov commends Qatar's leadership in anti-corruption, applauding its efforts to enhance transparency and uphold the rule of law.
- The Sheikh Tamim Bin Hamad Al-Thani ACE Award, hosted by Uzbekistan in its 7th edition, symbolizes Qatar's dedication to combating corruption globally, Norkulov adds.
Economy
Enhanced norms help UAE win financial crime battle
“This has led to heightened compliance levels with the country's laws, aligning with global efforts to combat money laundering and...
- The UAE adopts innovative legislative policies in order to combat money laundering and terrorism financing.
- Safeya Al-Safi, Director of Anti-Money Laundering, emphasizes heightened compliance with global standards.
Economy
D33 Economic Agenda helps Dubai’s tourism thrive
“Dubai’s robust partnerships with leading travel and hospitality companies are key to fostering the growth of this crucial sector, both...
- Dubai's tourism sector plays a pivotal role in the city's economy, with a record 13.9 million visitors in 2023.
- Under the D33 Agenda, Dubai is not only advancing in tourism but also focusing on sustainability,
Economy
‘Double efforts to tackle labor market challenges’
"The digital economy represents a clear path to employment opportunities. Additionally, exploring other avenues, such as the green economy, is...
- Employment rates for young men and women in the Arab region are around 26 percent, says International Labor Organization Director-General Gilbert F. Houngbo.
- He also highlights the significant challenges currently intensified by climate change, rapid technological advancements, demographic shifts, and geopolitical tensions.
Economy
‘Nuclear solutions remain key to sustainable future’
“In the context of energy transition, flexibility is gaining more traction in the energy markets. This is exactly what small...
- Kirill Komarov of Rosatom underscores the importance of nuclear power in combating climate change.
- SMRs have become crucial for decarbonizing remote areas reliant on carbon-intensive diesel generators.
Geostrategy
UAE renews call for Palestinian aid, two-state solution
"The Gulf country aims to launch a concrete plan to achieve the two-state solution to the Palestinian crisis with a...
- The UAE's contribution to Gaza's reconstruction is conditional, tied to the development of a concrete plan for a two-state solution.
- During their visit to the Rafah Border, Nusseibeh and UN officials witnessed the devastation in Gaza, underscoring need for ceasefire.
‘GCC set to dominate global cryptocurrency market’
“Oman is emerging as a standout in the regional crypto mining landscape, highlighted by its support of Exahertz, an Omani...
Business
Company News
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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...
Economy
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...
Interview
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...
Economy
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Economy
UAE is an exceptional economic leader in Middle East
"We've collaborated closely with the World Governments Summit for over a decade. It presents a vital opportunity to foster innovative...
- UAE hailed as a pivotal economic and innovation hub in the Middle East by OECD Secretary-General Mathias Cormann.
- Global economy's resilience amid COVID-19 highlighted, with growth projections of 2.9% and 3% for the upcoming years.
Economy
Global changes call for adaptable fiscal policies
He highlights the UAE's strategic priorities, including the future of fiscal policy, the application of sustainable fiscal policies to foster...
- The Eighth Arab Fiscal Forum, held in Dubai, focuses on sustainable development and economic resilience.
- Key discussions includes balancing public revenues, managing debt, and combatting climate change.
Arts & Culture
Healthcare experts must keep up with tech innovations
She emphasizes the significant impact of technology on the healthcare sector and highlighted the 'Let's Talk Innovation' Symposium's focus on...
- Dr. Kalthoom AlBlooshi of EHS emphasizes the need for professionals to stay abreast of technological advancements in healthcare.
- The 'Let's Talk Innovation' Symposium aims to engage the youth in shaping the future of the UAE healthcare sector, adds AlBlooshi.