Middle East emerges as a major player in global CEO appointments: report
Dubai, UAE - The Middle East has emerged as a prominent player in global CEO appointments, securing 68 out of a...Business
UAE: a trendsetter in regulating cryptocurrency market
The UAE, Japan and Singapore have emerged as the trendsetters in regulating the crypto-currency market effectively, according to a top...The UAE has moved past the stage of appealing for existing authorities to work together
By pushing ahead to promote cryptocurrencies and ensure official oversight, the UAE puts it ahead of other countries and jurisdictions
50 days on, ‘nothing changes’ for UAE delivery riders
Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online...Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online platforms are impacting lives of thousands of riders
It's time to start accepting slightly longer delivery timelines, treating riders with empathy, and constantly demanding better and humane working conditions for the riders
Saudi Index at lowest levels since January
Saudi Stock Exchange's general index fell by nine points. Abu Dhabi market was below 9,200 points, Dubai market rose above...The Saudi Stock Exchange's general index recorded its lowest level since January and ended the week down by nine points
The Dubai market managed to rise above 3200 points, supported by a rise in real estate and investment shares, during the week
DEWA, Azerbaijan discuss bilateral ties, energy, business prospects
DEWA and Azerbaijan discuss investment in oil exploration and production projects, crude oil trading and reviewed issues of mutual interest...DEWA , Azerbaijan discussed investment in oil exploration and production projects, crude oil trading
The two sides reviewed issues of mutual interest in the energy sector and long-term investment opportunities
Gulf countries take first steps to bank on metaverse
Payment on metaverse will take place through cryptocurrencies. NFTs and virtual goods will become popular once metaverse becomes mainstream. Therefore,...There is no doubt that Metaverse is interesting for banks because modern virtual worlds are built on blockchains, cryptocurrencies, and decentralized finance
Many questions regarding the impact of the Metaverse on banking rose after JPMorgan announced plans to open an office in the metaverse
Saudi Arabia to invest $3bn in vaccines, vital medicines industry
Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented...Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented in several stages
The second phase, the minster said, will focus on localising immunological and cancer treatments technologies
NFTs: Digital way to own art, music, videos
Everything is open-sourced, permission less and on-chain, Holaplex CEO Alex Kehaya tells TRENDS on the rising popularity of NFTs.Holaplex’s Social NFT Network is a new platform for NFT enthusiasts
Kehaya believes that the NFT industry is seeing an adoption curve that is greater than that of the internet
Material prices hurt as GCC cities turn green, smart
As the complexity of the pandemic and supply chain challenges have affected building material prices, the region should look for...As the complexity of the pandemic and supply chain challenges have affected building material prices, the region should look for alternatives, says Nizam Abdul Baki of Purity
Green building materials improve the buildings' structures' sustainability and efficiency in terms of design, construction, maintenance, and renovation, he points out
Abu Dhabi officials in Canada to discuss clean energy solutions
A delegation from the Abu Dhabi Department of Energy (DoE) is visiting Canada to meet senior government officials and stakeholders...Department of Energy officials in Canada showcase Abu Dhabi’s experience in promoting energy efficiency and sustainability
The officials discuss opportunities for collaboration in energy efficiency and advanced clean energy solutions
European Union seeks to prepare arrival of ‘zero-emission’ aircraft
The European Commission called Friday on the members of the aviation sector to join an alliance to prepare for the...The decarbonization of aviation is one of the major challenges toward the carbon neutrality goal the EU seeks to achieve by 2050.
Manufacturers are also working on new generations of regional aircraft using hybrid or electric propulsion, with a range of several hundred kilometers.
