France and UAE sign AI cooperation deal
France and the United Arab Emirates on Tuesday signed a "strategic partnership" on artificial intelligence (AI) aimed at boosting cooperation between them, French Finance Minister Bruno Le Maire told AFP.
IHC scales up IT business, makes deals worth US$272m
International Holding Company (IHC) has scaled up its IT business, making deals to the tune of $272 million in the first ten months of 2022. It is part of the company's long-term strategy to grow its capacity in the tech industry across different sectors.ADCB Q3 net profit at US$432m
The diversification of revenue streams boosted the bank's profitability.Aliph Capital secures $125m investment for its maiden fund from ADQ
Aliph Capital is an alternative investment firm focused on private equity investing.DTC Abu Dhabi-UNESCO study on pandemic impact ‘useful’ in plugging gaps
Abu Dhabi, UAE - The Culture Summit Abu Dhabi began in the UAE capital with discussions on the impact of the pandemic on culture. Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, said, “If an issue happens in Brazil or Iraq or Syria, it affects us as well,...NMDC records 40% profit jump
Its profit shot up to $191m in first nine months of 2022.UAE-UK Business Council to promote trade, investment
The UAE-UK Business Council hosted its 20th Plenary Meeting in Abu Dhabi, co-chaired by Ahmed Al Sayegh, Minister of State, and Lord Udny-Lister.CARACAL signs ‘Make in India’ partnership with ICOMM
The agreement was signed during DEFEXPO 2022, the Land, Naval and Homeland Security Systems Exhibition, which is being held in Gandhinagar, Gujarat.EasyLease net profit $8.91m
The total revenue in Q3 ended Sept reached AED156.11 millionGlobal players steer towards UAE as Abu Dhabi sails well to become ‘best’ superyacht destination
The UAE capital -- which now boasts 5,325 registered vessels -- is well on its way to become a key hub for the international superyacht industry, says a reportAbu Dhabi, Bangladesh to enhance trade, economic ties
The Abu Dhabi Department of Economic Development (ADDED), and Bangladesh Embassy in Abu Dhabi, have organized the Economic Cooperation Forum to enhance economic cooperation and mutual investment opportunities.CBUAE issues commemorative coins on Tawazun’s 30th anniversary
The Central Bank of the UAE (CBUAE) in collaboration with the Tawazun Economic Council (Tawazun), has issued 1,000 silver commemorative coins to mark the 30th anniversary of Tawazun.Visa-free travel between UAE, Japan starting Nov 1
Holders of UAE passports can stay in Japan for up to 30 days during each visit for the purpose of tourism or work.ADQ submits shareholding offer to ADA
ADQ aims to establish a diversified aviation services and MRO business.Abu Dhabi Foreign Experts Court examines 200 cases
The Foreign Experts Court of the Abu Dhabi Judicial Department (ADJD) has managed to maintain high adjudication rates in the cases brought before it over three years since it started operating in 2019.UAE’s minister is new Chairman of WBG-IMF committee
During his two-year tenure, the minister will work with the committee that include ministers, and the Board of Governors of the WBG and IMF to manage its programs related to sustainable and comprehensive economic development.OPEC’s World Oil Outlook to be launched at ADIPEC on Oct 31
This year’s publication will again be accompanied by a smart app to give increased access to the WOO’s vital analysis and energy data.Abu Dhabi’s Environment Agency holds training for industries
The Environment Agency - Abu Dhabi (EAD) organized two training workshops on the Green Industries environmental labeling program.Burjeel Holdings set to expand to Oman, Saudi Arabia
The company is raising capital to support the ongoing expansion in the UAE and Oman, and pending entry into Saudi Arabia, Dr Parambath said.ADNIC, JAFZA sign insurance pact
JAFZA is home to over 9000 companies, including Fortune 100 firms.Arab designer labels stir up $29bn GCC luxury market
Luxury goods business in the MENA region is seeing a reorganization, surprising market experts, as homegrown brands challenge the hegemony of high-end Western labels.Burjeel begins trading on ADX
Shares closed the debut session up 15 percent ($0.62).ADNEC, MICCO sign agreement
Logistics solutions will be developed for ADNEC events.‘Unit 3 of Barakah Plant linked to UAE’s transmission grid’
The Emirates Nuclear Energy Corporation (ENEC) announced that Unit 3 of the Barakah Nuclear Energy Plant has successfully been connected to the UAE’s transmission grid.ADX adds 5 single stock futures
The move will help develop ADX derivatives market.TAQA to sell Netherlands business
TAQA Energy will sell upstream oil and gas business to Waldorf.Mubadala Health, G42 to form new firm
Both companies will merge their healthcare businesses.Burjeel IPO raises $300m
VPS Healthcare Holdings will continue to own a 70 per cent stake.Multiply Group buys 80% of IEH
Firm aims to expand its utilities, energy investments.UAE takes part in G20 Finance Track in Indonesia
UAE's Ministry of Finance (MoF) participated in the third Framework Working Group (FWG) meeting within the G20 Finance Track for 2022.Saudi stocks shine, while UAE’s post losses
GCC markets had a mixed week as Saudi stocks powered by the banking and commodities retail sectors posted gains, while the UAE stocks tanked, ending the weeks with losses.Abu Dhabi launches healthcare grant to help research, innovation
The Department of Health – Abu Dhabi (DoH) launched the first edition of the Healthcare Research and Innovation Grant, a monetary fund that fosters research and innovation efforts among healthcare professionals in the emirate.GCC investors park wealth in real estate: poll
A TRENDS poll on Twitter revealed that 43.9 percent of voters preferred real estate, followed by technology at 37.4 percent.Abu Dhabi Exchange, MSX sign cooperation agreement
Abu Dhabi, UAE---The Abu Dhabi Securities Exchange (ADX) and the Muscat Securities Market (MSX) signed a memorandum of understanding (MOU) on Wednesday to exchange visions and experiences between the two parties in various fields of common interest. The MOU aims to enhance cooperation and information sharing in a number of...IHC buys 54% stake in Emircom
Firm buys stake for $68 million via its subsidiary IHC DigitalADNOC Distribution to pay $349m
This is the first payment of a full-year AED2.57 billion dividend.ADQ and OIA discuss opportunities to boost Oman-UAE cooperation
Abu Dhabi, UAE--ADQ, an Abu Dhabi-based investment and holding company, discussed a range of investment opportunities with Oman Investment Authority (OIA), across various sectors aimed at contributing to increased economic cooperation and trade between both nations. The meeting was held on the sidelines of President Sheikh Mohamed Zayed Al Nahyan's...UAE to relax COVID-19 restrictions from Sept. 28
The UAE will be relaxing COVID-19 restrictions nationwide which will come into effect starting September 28. Dr. Saif Al Dhaheri, Official Spokesperson of the National Emergency Crisis and Disasters Management Authority (NCEMA) made the announcement during the UAE Government media briefing on the COVID-19 pandemic. COVID-19 daily cases announcement will...UAE takes part in financial group meeting in Indonesia
The UAE recently participated in the fifth International Financial Architecture (IFA) Working Group meeting within the G20 Finance Track for 2022, which was held in a hybrid format.GHD, Fraunhofer–Gesellschaft to help develop UAE hydrogen policy
The Ministry of Energy and Infrastructure (MoEI) of UAE announced that it had signed an agreement with GHD Group, in partnership with the Germany-based Fraunhofer--Gesellschaft, to develop its National Hydrogen Strategy.UAE starts third unit of Barakah Nuclear Energy Plant
UAE has successfully started Unit 3 of the Barakah Nuclear Energy Plant, located in Abu Dhabi's Al Dhafra Region, its parent company the Emirates Nuclear Energy Corporation announced on Thursday.‘Barakah Nuclear Power Plant promotes clean, safe energy’
UAE Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei said that the start-up of Unit 3 of Barakah Nuclear Energy Plant contributes to achieving one of the most important objectives of the country's vision and strategy for the energy sector.UAE, Jordan ink pact to standardize specifications
The UAE Ministry of Industry and Advanced Technology (MoIAT) signed a Memorandum of Understanding (MoU) with the Jordan Standards and Metrology Organization (JSMO) to strengthen ties around standards, regulations, conformity assessment, specifications and national hallmarks.UAE GDP grows 18.8% at current prices in 2021, says federal body
The centre’s data showed that non-oil GDP at constant prices grew by 5.8 percent to $0.33 trillion in 2021, compared to around $0.27 trillion in 2020.Pandemic resilience gives Abu Dhabi economy an edge
Health remains key focus as the UAE capital leads global bid to combat the pandemic, as evidenced by its role in clinical trials for COVID-19 vaccines and therapeutic innovations.‘Standardization key to enhancing quality of local products’
UAE Minister of Industry and Advanced Technology (MoIAT) Dr. Sultan bin Ahmed Al Jaber said that hosting the International Organization for Standardization (ISO) Annual Meeting 2022 in Abu Dhabi aligns with the government's desire to benefit from global expertise.Abu Dhabi leads GCC in integrated waste management
Abu Dhabi Waste Management Centre, aka Tadweer, processed more than 1,860,000 tons of waste, including 88,382 tons of medical and hazardous waste during the first half of 2022.Treated sewage water improves wheat growth, production in UAE
A study by an Emirati researcher has shown that wheat growth can be accelerated and production improved using treated sewage water.Metaverse helps UAE boost growth, productivity
Adoption of metaverse technologies is part of the UAE government's strategy to diversify its economy away from oil as the country focuses on innovation and talent development.ISO Annual Meeting 2022 to begin Monday in UAE, trade on agenda
The International Organization for Standardization (ISO) Annual Meeting 2022 starts Monday at the ADNOC Business Center in UAE's Abu Dhabi.UAE health ministry inks pact with Mediclinic Middle East
UAE Ministry of Health and Prevention (MoHAP) has signed a memorandum of cooperation (MoC) with Mediclinic Middle East to strengthen mutual cooperation between the Ministry’s National Center for Health Research (NCHR) and the group in health and medical research.

















































