Apple’s changes contradicts European rules, 34 firms complain
Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules...Business Economy Global Tech & Media
Energy-related global CO2 emissions hit record levels in 2023, says IEA
PARIS, FRANCE – Energy-related carbon dioxide emissions rose to a record level in 2023, but the growth slowed from previous years...Business Energy Global
Luxury brands in GCC look to metaverse for expansion
Virtual fashion and technologies will enable us to reduce our carbon footprints and the strain on the planet. Fashion firms...Despite the benefits of the metaverse world to the fashion industry, the technology still is in its early stages
Brands should be cautious of many scammers in this world as there are numerous grabbers and a lot of fraud going on
Ajman DoF adopts Oracle cloud-based management system
Ajman's Department of Finance (DoF) has teamed up with Oracle to adopt a cloud-based resource management system that enables more...The upgrade is part of the emirate's commitment to further improve operations and services and promote the digital transformation of the emirate
Ajman’s DoF’s migration to Oracle Fusion Cloud Applications is expected to increase productivity, reduce costs, improve controls, optimize supply chain management
UAE to attract super rich, say investment trends
One big factor for more HNWIs making their way to the UAE is the ongoing war in Ukraine which has...The UAE tops the list of the ten countries drawing net inflows of the wealthy in 2022, followed by Australia, Singapore and Israel
The report titled "The flow of the world's wealthy in the second half of 2022", tracks private wealth and investment migration trends worldwide
Russia eyes improved ties with Saudi Arabia, UAE
Putin and Arab leaders focus on boosting relations in various fields -- including technology, food security and energy -- during...Russia President Vladimir Putin and several Arab leaders stress on the importance of strengthening relations
Relations in various fields -- including technology, food security and energy -- remain in focus during SPIEF 2022
DCCC holds talks on UAE-India free trade agreement
Dubai Customs Consultative Council held a meeting on the historic UAE-India Comprehensive Economic Partnership Agreement, expected to increase trade between...The UAE-India Comprehensive Economic Partnership Agreement is expected to increase trade between the two countries by 120 percent
Due to CEPA, trade between the two countries is expected to reach US$100 billion within five years compared to US$45 billion currently
Qatar receives highest number of international visitors in May
The international arrivals in Qatar exceeded 166,000 people in May, making it the month with highest number of visitors in...The figures represent more than a quarter of all visitors in the first five months of 2022.
The year-to-date total (580,000) is fast reaching the overall arrivals figure of 2021 (611,000).
Germany declares emergency steps to meet energy demand
Berlin has managed to reduce the share of its natural gas supplied by Russia from 55 percent before the invasion...The move comes after Moscow turned up the pressure on Western allies, sharply reducing flows of natural gas.
Germany is among several European countries that are highly reliant upon Russian gas for their energy needs.
UAE set to lead MENA metaverse
Firms in the region are now offering better participation, levels of cooperation and communication to their staff through productive workspaces...At its broadest, metaverse combines elements of social media, augmented reality, virtual reality, video games, cryptocurrencies and other advanced technologies.
As the next big market opportunity, the metaverse could provide nearly US$800 billion in revenue by 2024, Bloomberg Intelligence estimates show.
RTA’s revenue collection via digital channels up by 32 percent in 2021
Roads and Transport Authority’s revenues collected through digital platforms increased by 32 percent in 2021, said Mattar Mohammed Al Tayer,...RTA’s total digital revenues amounted to AED3.5 billion ($952 million), compared to approximately AED2.65 billion in 2020.
The number of digital transactions reached 676 million last year, a 28 percent increase over 527 million in 2020.
Qatar discusses growth of digital economy with US Embassy
In a virtual meeting Qatari minister, US Embassy officials, American Chamber of Commerce personnel, government officials and representatives of the...Qatari minister speaks of his country's vision for a digital economy
He said US firms have a key role in Qatar's digital economy
