‘Major shifts are reshaping the Arab world’s future’
"Most of the global trends are positive if analyzed in terms of economic value. Countries have developed and lifted millions...Economy
Jordan’s public debt rises to $46.1bn by Oct 2023 end: Ministry
Dubai, UAE -- Jordan's public debt till the end of October 2023 has risen to $46.1 billion, 89.6 percent of...Economy
Riyadh Economic Forum to hold 10th session in November
Chairman of the Riyadh Chamber Ajlan Al-Ajlan said the generous patronage from the king Salman bin Abdulaziz has enhanced the...Chairman of the Riyadh Chamber Ajlan Al-Ajlan said the generous patronage from the king Salman bin Abdulaziz has enhanced the role of the forum
The forum is a strategic, economic and ideological center that contributes to diagnosing the main economic and development issues of the national economy
Borsa Istanbul to provide consultancy services to Abu Dhabi Securities Exchange
The MoU is the latest in a series of strategic partnership agreements signed by ADX as part of its strategy...The agreement was signed during the visit of the President Recep Tayyip Erdoğan of Turkey, to the UAE on Feb 15.
Borsa Istanbul will also provide consultancy service to ADX in the establishment of systems, integration, updating the platform.
DMCC to collaborate with C3 to initiate Impact Scale-Up program in Dubai
C3 is a UAE-based social enterprise empowering impact-driven entrepreneurs across the Middle East, Africa and Turkey.The comprehensive training and networking program will provide a proven blueprint to successfully enter the UAE market, and connect with local and regional investors.
DMCC will offer a total of 20 "Impact" business licences to successful firms, providing them with substantial savings on business setup costs through 70 percent discount.
UAE and Turkey to cooperate in agriculture, rural development
The pact is in line with the UAE’s leadership to enhance international cooperation and exchange of successful experiences.Areas of cooperation include agricultural pest control and plant protection, organic agriculture, technology-based agricultural production, food safety, food production.
The two countries will also collaborate in the promotion of joint agricultural ventures between their private sectors, and development of specialized agricultural zones.
MAWANI signs pact with Bahri to build logistics park
The Saudi Ports Authority (MAWANI) signed an agreement with shipping giant Bahri to build and operate an integrated logistics park...Once built, Bahri will manage operations at the state-of-the-art facility for a duration of 20 years.
The 95436m2 logistics zone will provide storage and handling services for all types of inbound and outbound shipping containers.
Dubai International Financial Centre records best performance in 17 years
Dubai International Financial Centre (DIFC) has reported its best annual performance to date, recording its highest ever annual revenue and...The Centre said it achieved its 2024 Strategy growth targets three years ahead of schedule during the first half of 2021.
Revenue increased by 16 per cent to AED897 million year-on-year versus AED774 million in 2020, and up by 7 per cent from AED838 million in 2019 (pre-pandemic levels).
Pandemic turns business models upside down, says Fjord Trends report
Nearly two years of disruption to the fabric of society due to global pandemic has resulted in a collective shift...The rising individualism underlined by a “me over we” mentality has profound implications for organizations in how they lead their employees.
The metaverse will be a new frontier of the internet, combining all the existing layers of information, interfaces, and spaces with which people interact.
UAE industrial exports surge to $32.6bn in 2021: Ministry of Industry
According to the 2021 annual report released by the Ministry of Industry and Advanced Technology, the rise in exports coincided...Also, the National In-Country Value has succeeded in circulating AED41.4 billion ($11.5 billion) back into the local market.
UAE rose five places—from 35 to 30-- in the Competitive Industrial Performance Index issued annually by the United Nations Industrial Development Organization.
Algeria president announces unemployment benefit for youth
The payments will be made "to preserve the dignity of young people", Algerian president Tebboune said.The payments will be made "to preserve the dignity of young people", Algerian president Tebboune said
It will be accompanied by medical benefits, while some taxes on consumer products will also be suspended
Markets rally on hopes for easing Russia-Ukraine tensions
While not verified, the claims by Russia provided some much-needed relief for investors, who had grown increasingly fearful of a...While not verified, the claims by Russia provided some much-needed relief for investors, who had grown increasingly fearful of a conflict in Eastern Europe
The mood lifted after Russia's defence ministry said some of the more than 100,000 soldiers amassed around Ukraine in recent weeks had started to return
