UAE and UK seek to boost economic cooperation
Abu Dhabi, UAE-- Looking to enhance economic ties between the UAE and the United Kingdom, Abdulla bin Touq Al Marri,...Business Economy
Over 70 percent of musicians fear AI, says French-German study
PARIS, FRANCE - More than two-thirds of musicians fear that artificial intelligence will make it impossible to make a living, according...Arts & Culture Business Tech & Media
UAE sets up “Coders HQ” to boost coding communities
The UAE government has launched the Coders HQ, a new transformational project that re-defines local coding communities, in partnership with...The project, established in the Emirates Towers, aims to build a new generation of coders, enhance their capabilities and skills in the fields of coding and technology
The project was launched in a virtual ceremony organized by the National Program for Coders, in the presence of Omar bin Sultan Al Olama, Minister of State for Artificial Intellige
Abu Dhabi Department of Culture and Tourism sets $272 business license fee
In a bid to promote the growth of the tourism industry in Abu Dhabi, the emirate's Department of Culture and...License holders who currently pay varying fee amounts, depending on the level of business activity.
Overall, the changes represent an almost 90 percent reduction in total license fee costs.
Dubai enacts new law on seizure of property for public use
Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and vice president and prime minister of the UAE, issued Law...The provisions of the Law will apply to the expropriation of property across Dubai
The Law also covers special development zones and free zones including the Dubai International Financial Centre
2021 best-ever year for DMCC, 2485 companies attracted to Dubai
Dubai Multi Commodities Centre has said it recorded its best year on record as it attracted 2, 485 companies in...The authority also saw its best June, August, September and November, reaching a total of over 20,000 member companies.
The significant attraction was seen in key target markets, including China, US, UK and Russia
Khalifa Fund allys with eBay to help SMEs export goods
The Khalifa Fund for Enterprise Development has teamed up with eBay as the latest partner of the e-Empower initiative, under...The partnership aims to further enhance Abu Dhabi’s e-commerce ecosystem, while also being in alignment with the mandate to diversify the Emirate’s economy
The collaborative partnership will see Abu Dhabi based SMEs and medium-large enterprises gain a variety of benefits to create growth
Nokia expects strong 2022
The company said as a supply chain crunch and inflation are set to ease.The announcement follows a string of quarterly earnings surprises for the network equipment maker, which last October managed to boost its third quarter profits.
Nokia now expects an operating margin ranging between 11 percent and 13.5 percent in 2022.
Saudi Arabia could be a regional mining center
The expert opinion comes as Riyadh hosts the International Mining Conference, the largest of its kind in the Middle East...Saudi Arabia serves as a platform for global dialogue on mining prospects
A dozen Saudi government entities will present investment prospects via an integrated platform
Jordan removes customs fees on more than half of imports
Cars, alcohol, and tobacco would not be exempted from customs fees, Jordanian Finance Minister Mohammad al-Ississ has said.The Jordanian government's order to reduce and standardize customs fees has been published in the official gazette
It will come into force next week, ensuring that 53 percent of all goods are exempt from customs fees
Airbus delivers 611 passenger jets in 2021
A320 family planes, which are most frequently used for short and medium-range flights, accounted for more than three-quarters of last...A320 family planes, which are most frequently used for short and medium-range flights, accounted for more than three-quarters of last year's deliveries
Wide-body, two-aisle plane deliveries continued to lag, which reflected the much slower recovery in international flights
Take-Two to Zynga for $12.7bn
The GTA-maker plans more smartphone versions of its games.Take-Two is a leader in console and personal computing games like Grand Theft Auto, Red Dead Redemption, and NBA2K
Zynga is known for its mobile-device games, like Farmville, which became a phenomenon in the 2010s on Facebook
