Middle East needs strong Saudi Arabia, says kingdom’s finance minister
Dubai, UAE-- Saudi Arabia's Finance Minister Mohammed Al-Jadaan said the Middle East needs a strong Saudi Arabia to contribute and...Business Economy
Apple loosens grip on iPhone apps
Apple will permit developers to include buttons or links in apps.Business Economy
Dubai Chamber of Commerce reports 55% membership growth in April 2022
The new member companies joining Dubai Chamber of Commerce in April 2022 reached 3,056, bringing the Chamber's total membership to...The new member companies joining Dubai Chamber of Commerce in April 2022 reached 3,056, bringing the Chamber's total membership to 300,000 companies
The value of members' exports and re-exports in April 2022 amounted to AED20.2 billion, growing by 16.7 percent from the AED17.3 billion posted in April 2021
Iran signs multiple trade deals with Oman during president’s visit
A delegation of 50 Iranian businessmen travelled to Oman last week, with Iran's minister for roads and urban development announcing...Both the countries signed 12 memoranda of understanding including in the fields of oil and gas.
Oman is seeking to import gas from Iran by building an offshore pipeline between the two countries.
Saudi announces weekly international flights to NEOM megacity
Saudi Arabia's main airline will next month start operating weekly international flights from the kingdom's planned futuristic megacity known as...The $500 billion Red Sea project is part of de facto ruler Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify Saudi Arabia's oil-dependent economy
It has been billed as a futuristic cityscape evocative of a sci-fi blockbuster with everything from flying taxis to robot maids
Global ESG assets could reach $50 trillion by 2025 : PIF Governor
Global environmental, social, and governance assets are expected to hit $41 trillion by the end of this year, and $50...PIF is developing its ESG strategy due to its broader long term strategy aimed at achieving net zero emissions in the country by 2060.
The PIF governor also revealed that Saudi Arabia has launched seven solar and wind projects that could power 600,000 households.
56% decline in traffic accident deaths in Q1 of 2022: Sharjah Police
The Director of Traffic and Patrols Department of Sharjah Police (SP), Lt. Col. Mohammed Alai Al Naqbi attributed the success...The Director of Traffic and Patrols Department of Sharjah Police (SP), Lt. Col. Mohammed Alai Al Naqbi attributed the success to traffic campaigns
He explained that the "Be careful and drive with caution" campaign, which was launched in February 2022, showed a decrease in the road fatality rate
13 countries to join new Asia-Pacific trade framework: Biden
"The US and Japan, together with 11 other nations will be launching" the Indo-Pacific Economic Framework for Prosperity, Biden said...Joe Biden will make a formal rollout of IPEF later Monday with 13 countries joining the initiative which aims to offer US allies an alternative to China in Asia-Pacific
China has criticized IPEF as an attempt to create a closed club. Biden's national security advisor rejected the claim saying that, "it is an open platform"
More than 100 million people forcibly displaced: UN
Russia's war in Ukraine has pushed the number of forcibly displaced people around the world above 100 million for the...UNHCR said the numbers of forcibly displaced people rose towards 90 million by the end of 2021
The figures combine refugees, asylum-seekers, as well as more than 50 million people displaced inside their own countries
WEF: UAE eyes end to global hunger through innovation
Beside the UAE, other GCC countries that have sent delegations to the Davos forum include Saudi Arabia, Qatar, Bahrain and...Beside UAE, the other GCC countries that have sent delegations to the World Economic Forum include Saudi Arabia, Bahrain and Qatar to put their perspectives on contemporary issues.
The forum’s first in-person Annual Meeting in more than two years is being attended by the world’s top leaders from politics, business, civil society, academia, media and the arts.
Sharjah Consultative Council reviews plans to promote private sector
The Financial, Economic and Industrial Affairs Committee of the Sharjah Consultative Council (SCC) reviewed its strategic plans to promote the...Saif Mohammed Al Midfa, Chairman of the Council’s Financial, Economic and Industrial Affairs Committee, praised exhibition industry's achievements.
He said the council looked forward to enhancing the reputation of Sharjah as a regional hub for prospective investments.
UAE unveils major structural change in educational system; appoints new ministers
Under the directives of President Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime...Ahmad Belhoul Al Falasi has been appointed as the UAE's Minister of Education
The new structure in the education sector includes the Education and Human Resources Council, Federal Authority for Quality of Education and Ministry of Education
