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
Economy
Qatar leads by example in money laundering control
"Nations must take action to establish measures for detecting the physical cross-border movement of currency and negotiable instruments to combat...
- MENAFATF Executive Secretary Suliman bin Rashid Al Jabrin lauds Qatar's adherence to global anti-money laundering standards.
- Highlighting the FATF's goals to block terrorists' cross-border funding, Al Jabrin urges strong measures against currency smuggling.
Economy
Jordan becomes UAE’s regional investment hub
“Jordan has become a regional investment hub of choice for the UAE's direct investments, totaling US$4 billion. This represents 14%...
- The UAE has invested $4 billion directly in Jordan, with non-oil trade reaching $4.5 billion in 2022, reflecting their deep-rooted ties and mutual interests.
- In 2022, the UAE, Jordan, Egypt, and Bahrain announced a comprehensive industrial partnership, allocating a $10bn investment fund for collaborative projects.
Economy
Saudi Arabia to produce 80-90% insulin domestically
"More than 200 essential medications have been identified, making up about 40 percent of the total purchases by government health...
- Saudi Arabia is making strides in its pharmaceutical sector, with aims to produce 80 to 90 percent of its insulin domestically
- At the Global Health Forum, key agreements were inked, spotlighting the Kingdom's commitment to medical biotechnology
Economy
Let’s transform statistical systems for the future
"The PSA should champion digital transformation in Qatar by equipping the national statistics system with comprehensive, accurate, and reliable data....
- PSA President Dr Saleh bin Mohammad Al Nabit emphasizes the importance of data as a national treasure.
- He highlights the role of data in crafting evidence-driven policies and tracking developmental progress.
Economy
Buildings should absorb more carbon than they release
"Buildings should produce more clean energy than they consume. This transformation demands a reevaluation of our relationship with nature. Rather...
- Renowned architect and design innovator Michael Pawlyn emphasizes the need for net positive sustainability actions.
- The health of natural systems is pivotal for future progress, he adds during the recent Majlis Mohamed bin Zayed lecture.
Economy
Air passengers with disabilities need special assistance
"However, the actual needs of the traveler might differ. They might simply need help navigating crowded airports, have difficulty with...
- Linda Ristagno, IATA’s Assistant Director for External Affairs, emphasizes the need for tailored special assistance
- 80% satisfaction rate among passengers using special assistance, according to IATA's 2023 Global Passenger Survey
Arts & Culture
Educational institutions are shaping UAE’s tomorrow
"Dubai's schools attract students of various nationalities seeking holistic education. These schools emphasize well-rounded education, with a sports culture enhancing...
- DSC Chairman Sheikh Mansoor emphasizes the role of sports in education for shaping the UAE's future.
- The vitality and joy imbued in young minds through sports hone innate talents and intellects, he adds.
Economy
Retail plays a pivotal role in UAE’s Net Zero mission
“To achieve our climate objectives, every segment of the economy, including retail, must work towards a greener future. The upcoming...
- UAE minister Mariam bint Mohammed Almheiri emphasizes sustainability in retail operations
- A total of 13 additional businesses have signed the UAE Climate Responsible Companies Pledge
Economy
Sustainable finance part of UAE’s climate action plan
"The UAE's financial markets are proactively broadening sustainable finance options. The Dubai Financial Market has rolled out regulatory frameworks for...
- The UAE remains dedicated to addressing climate change and creating a sustainable future with its ambitious goal of achieving net-zero carbon emissions by 2050
- The local market sees the launch of green bonds, amplifying sustainable finance in the region and reflecting the UAE's commitment to developing new asset classes
Economy
GCC-China strategic alliance focuses on mutual trust
"A Free Trade Agreement between the GCC countries and China will be a pivotal channel to amplify GCC-Chinese relations across...
- A Free Trade Agreement China is expected to strengthen GCC-Chinese relations and boost trade exchanges
- The agreement has seen 10 rounds of technical negotiations since the 2004 Framework Agreement
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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Investors eye UAE’s booming sustainable finance sector
"Numerous opportunities exist in sustainable investments, especially in sectors like building systems, renewable energy, water, food and agriculture, shipping, among...
Business
WEF24: Scaramucci calls for reform in US politics
US politics need reform, strategic foresight, and principled governance to address domestic and global challenges, says noted American financier Anthony...
Geostrategy
UNRWA plays key role in regional security, stability
The UAE's top diplomat reiterated the UAE's steadfast support for UNRWA, emphasizing that in light of current challenges, sustaining its...
Geostrategy
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Economy
Dubai is a key player in global business landscape
"The emirate is continuing to consolidate its position as an ideal platform that brings together creative ideas and innovative entrepreneurs...
- Dubai Chambers and Enterprise Ireland sign a strategic MoU to link Dubai and Irish firms, emphasizing collaboration in technology, manufacturing, and clean energy.
- The MoU will boost mutual trade and investment, fostering digital economy growth, and offer small businesses opportunities and cross-cultural training through alliance.
Economy
UAE emerges as a new leader in global healthcare
“This goal, aligned with the forward-looking vision of the UAE's leadership, will not only enhance the quality of life but...
- The Gulf country maintains its competitive edge in healthcare through advanced infrastructure and a skilled workforce, underscoring its commitment to healthcare excellence.
- The UAE's ministry along with key departments showcases innovative health initiatives on the 'Emirates Health' platform, highlighting strategies for future healthcare development.
Economy
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,...
- UAE, under Dr. Sultan bin Ahmed Al Jaber's leadership, actively promotes global renewable energy.
- The 'UAE Consensus' at COP28 sets specific goals for a zero-carbon energy system, Al Jaber adds.