Riyadh, Saudi Arabia - Saudi Arabia has positioned itself as a potential world-leading hub for biotech research, development, and pharmaceutical manufacturing following an investment of $3.9 billion in research and development (R&D) since 2021.  The country's strategic move aligns with its ambitious goals of economic diversification and addressing crucial healthcare...

NEW DELHI, INDIA – The UAE is committed to playing an active role in global efforts to shape a better future for societies and people through creating jobs, Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratization said. He said the UAE is also committed to enhancing human resources’...

RIYADH, SAUDI ARABIA - The Public Investment Fund (PIF) announced the establishment of Sawani Company to enable the growth of the camel farming industry in the Kingdom and actively contribute to its sustainable development. The company aims to be a leading producer of camel dairy products, supporting Saudi Arabia’s wider...

Amchît, Lebanon--In a pristine patch of Lebanon's north coast, a rare marine visitor has fueled opposition to a seafront development, in a country where unchecked construction has obstructed access to beaches. Residents of Amchit say a Mediterranean monk seal sometimes visits the area, taking refuge in the crystal-blue waters of a...

Amman, Jordan--Jordan and the World Bank have signed a $250 million financing agreement for a water sector efficiency project in the kingdom. In this connection, Jordanian Minister of Planning and International Cooperation Zina Toukan and World Bank Country Director for the Middle East Department Jean-Christophe Carret signed Sunday the agreement....

The deal between the two countries will include partnership on irregular migration, economic development and renewable energy. Tunisia has been criticized over its treatment of migrants after President Kais Saied accused "hordes" of migrants from sub-Saharan African countries of a "plot" to change the country's demographic makeup.

Riyadh, Saudi Arabia-- Seeking to establish a broad framework for cooperation in several areas, the GCC and the Arab Planning Institute (API) have signed a a memorandum of understanding (MoU). The MoU was signed during a meeting between Jassem Mohamed Albudaiwi, GCC Secretary General of the Gulf Cooperation Council (GCC),...

Tehran, Iran-- The future of relations between Iran and the United Arab Emirates is promising and in line with the interests of both nations, according to Iran's ambassador to the UAE. "The two countries intend to find ways to have warmer and closer relations in light of developments in the...

DUBAI, UAE - Dubai Land Department (DLD), through the real estate development sector, has launched the real estate investment trusts (REIT) privileges registry, and announced the opening of registration in it. Following the design and development of the online platform and the training the service centers to receive applications, local...

ABU DHABI, UAE - Aggregate capital and reserves of banks operating in the UAE rose by 10 percent year-on-year (YoY) to US$118.5 billion (AED435.3 billion) at the end of April 2023 from US$107 billion (AED395.9 billion) at the end of April 2022, according to the Central Bank of the UAE’s...

St. Petersburg, Russia-- The UAE is seeking to strengthen economic cooperation with many countries in the world in order to ensure a sustainable and prosperous future for generations to come. This was stated by Sheikh Saud bin Saqr Al Qasimi, supreme council member and ruler of Ras Al Khaimah, in...

Doha, Qatar-- Qatar Finance and Business Academy and Morgan International have signed a memorandum of understanding (MoU) to provide training and upskilling solutions to individuals and organizations in Qatar's financial market. The collaboration will offer comprehensive training and upskilling solutions to individuals and organizations within Qatar's market, as well as...

With a 22% stake, it is now the biggest stakeholder in the firm.

ABU DHABI, UAE - UAE Ministry of Industry and Advanced Technology (MoIAT) has signed a Letter of Intent (LoI) with Shahin in a move towards sustainable industrial development and promoting electric mobility. The LoI, signed at the Make it in the Emirates Forum on Wednesday, underlines the country’s commitment to...

Some experts deem the tax rate reasonable in global context, while others remain concerned about challenges the new tax regime could pose for family-owned businesses.

Kuala Lumpur, Malaysia-- The UAE and Malaysia are looking to bolster cooperation in the field of energy, in addition to strengthening ties between the two countries. The subject of cooperation in clean energy came up in a meeting between Suhail bin Mohammed Faraj Faris Al Mazrouei, the UAE's Minister of...

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) is looking to cooperate with World Smart Sustainable Cities Organization (WeGO) in urban sustainability, smart technologies and innovate solutions in order to achieve sustainable development goals. In this regard, Saeed Mohammed Al Tayer, MD and CEO of DEWA welcomed a high-level delegation from...

The Arab League Summit, which concluded on an optimistic note in Jeddah, highlighted the need for unified Arab positions and effective strategies to confront current challenges.

SAMARKAND, UZBEKISTAN -  The UAE, represented by the Ministry of Finance (MoF), participated in the 2023 Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) here on May 16-18. The meeting discussed global economic challenges and prospects for economic growth. The UAE delegation...

Tehran, Iran-- Continuing with their program to deepen the relationship between the two countries, Iran and Russia have signed a new customs agreement to facilitate trade. The agreement was made in a meeting between Mohammad Rezvani-Far, Deputy Minister of Economy and Head of the Islamic Republic of Iran Customs Administration...

DUBAI, UAE -  UAE Ministry of Climate Change and the Environment (MOCCAE) on Tuesday organized the second National Dialogue for Food Security. This comes in line with the ministry's keenness to implement its strategies to enhance national food security in the UAE, understand the key challenges facing the country's poultry...

Doha, Qatar: Qatar and Spain have launched the Qatar Spain Innovation Program (QASIP), a joint venture between the Qatar Research, Development, and Innovation (QRDI) Council and the Spanish Centre for the Development of Technology and Innovation (CDTI). The program is geared to support collaborative research and development projects across all...

Dubai, UAE-- The World Free Zones Organisation’s (World FZO) ninth Annual International Conference & Exhibition (AICE) will begun in Dubai from today. Held under the theme ‘Global Trade 2.0: Zones, An Ecosystem of Trust Driving Prosperity,’ this year’s two-day event reflects the organisation's commitment to facilitating the contribution of free...

JEDDAH, SAUDI ARABIA  - Islamic Development Bank (IsDB) President and Group Chairman Dr. Muhammad Al-Jasser and Uzbekistan Minister of Investments, Industry, and Trade Laziz Kudratov have signed three financing agreements for  the development of infrastructure and social services in the Central Asian country. These agreements aim to promote sustainable economic...

ABU DHABI, UAE - The UAE will participate in the Joint Annual Meeting of Arab Financial Institutions, which will be held Friday in Rabat, Morocco, to discuss means of overcoming the development challenges faced by the region. Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini will lead...

Four out of nine ongoing megaprojects worldwide, with costs exceeding $100 billion each, are concentrated in the Arab Gulf States, a latest report highlights

Successful business leadership requires that we innovate and embrace change. This means a commitment to seek paths untrodden, embracing new technologies, willingness to take risks, experimenting with new ideas and strategies, and focusing on creating sustainable, long-term growth, he adds.

BELGRADE, SERBIA - UAE Minister of State for Public Education and Advanced Technology  Sarah Al Amiri discussed cooperation in research and development (R&D), advanced technology, sustainability, food technology with the Serbian government. Al Amiri, in her visit to Serbia, discussed developing tools to finance research, innovation, energy transition and developing...

“The Emirati woman, who is confident and capable, has demonstrated her worth and distinguished presence, serving as a role model for women worldwide. She has reached the highest positions and represented the country with distinction in prominent international forums, contributing to achievements that benefit humanity,” she adds.

Dubai, UAE-- The UAE and Oman have signed an agreement to enhance cooperation in order to preserve environment and encourage sustainable development. In this connection, a UAE delegation, headed by Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, paid a visit to Oman to enhance cooperation in...

RIYADH, SAUDI ARABIA - Saudi  Justice Minister Dr. Walid Al-Samaani inaugurated the International Conference on Justice here on Sunday. Several ministers, thought leaders and legal experts from around the world were present at the event. Over 4,000 persons and 50 international speakers took part in the justice conference.   Al-Samaani,...

The bilateral ties between the two countries were further strengthened after the inauguration of the UAE Embassy in the Azeri capital, Baku, in 2011, and have witnessed advancement due to the mutual keenness of their leaderships, he adds during an interview with Emirates News Agency.

ABU DHABI,  UAE - Speaker of the UAE Federal National Council Saqr Ghobash received the visiting Speaker of the Senate of Canada George Furey and his accompanying delegation at the FNC's headquarters in Abu Dhabi. Both sides discussed a number of issues of common interest, including  the development and activation...

The decision of the Algerian President was announced in a speech read by Prime Minister Aimene Benabderrahmane at the annual African Union summit of leaders in the Ethiopian capital, Addis Ababa.

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer spoke of the organization's keenness to cooperate with leading international companies for the continuous development of its operations. Al Tayer made the remarks during discussions with a high-level delegation from France’s satellite operator...

Regarding structural transformations to be witnessed in various vital economic sectors, Schwab says there will be about 10 billion people in need of energy by 2050. He stresses on the need to achieve the goals of the Paris Agreement and reach zero carbon emissions.

Aim is to develop hydrogen-based mobility pilot project.

Kabul, Afghanistan-- Qatar has renewed its pledge to Afghanistan to help the war-ravaged country in fields of education, development, politics, and economy. This was reiterated in a meeting between the visiting Special Envoy of the Minister of Foreign Affairs for Counterterrorism and Mediation in Conflict Resolution Dr. Mutlaq bin Majed...

AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade partner and gateway for Jordan's economy. Haj Tawfiq said, "Jordan and Iraq have wide, prolific potentials, fields and grounds to build economic integration, in light of the strong brotherly relations,...

AMMAN, JORDAN  - Confirming its role as one of Jordan’s main supporters, the European Union (EU) on Sunday signed two financing agreements with the Kingdom's Ministry of Planning and International Cooperation providing up to US$69 million (€64 million).The first agreement is financing a US$42 million (€39-million) program: "EU support to...

Containing the fallout of climate change, addressing related damage and losses, and meeting the relevant needs of developing countries are among the major global challenges related to climate action, which will be addressed at COP28, adds Sheikha Shamma during an interview.

The leadership’s vision to empower women has ensured that women are equal participants and major contributors to the UAE’s sustainable development journey, adds Al Marri, Vice President of the UAE Gender Balance Council at the 8th Dubai International Project Management Forum.

ABU DHABI,  UAE - UAE Ministry of Energy and Infrastructure signed a Memorandum of Understanding (MoU) with UK Department for Business, Energy & Industrial Strategy. The memorandum aims to exchange information, knowledge, expertise and studies in the field of energy and promote it for the vital role it plays in...

As Emiratization and Saudization requirements are mandatory for all businesses operating in the region, and large expatriate workforces are also common, there are many ways that organizations could make use of technology in easing the management of the processes involved, adds Goble.

Reduction in hunger, provision of food security and improved nutrition, and promotion of sustainable agriculture contribute to sustainable development in the region, says an expert.

DUBAI, UAE - The ninth Sustainability Report 2021 issued by Dubai Electricity and Water Authority (DEWA) highlights its efforts and achievements in supporting sustainable development in all its economic, social and environmental aspects. It introduces partners, relevant entities and all stakeholders to its performance and practices in sustainability. The report...

The vision is based on four pillars that cover all sectors including the society, economy, diplomacy and ecosystem, the government says.

Riyadh, Saudi Arabia—Saudi Arabia has signed a memorandum of understanding (MoU) with Kuwait on Sunday to develop Al-Durra gas field shared between the two countries. President and CEO of Saudi Arabian Oil Company Eng. Ali Bin Saleh Al Ajmi signed the MoU for the Saudi side, while CEO Kuwait Gulf...

Cities across Europe and North America, and their infrastructure, service and hospitality are pale in comparison to the Arab region – particularly Gulf countries, writes Julien Hawari.

Riyadh, Saudi Arabia— Saudi Arabia has unveiled the "Culture & Green Future" initiative, aiming to enhance the role of culture and raise awareness of the centrality of culture in sustainable development and address its various challenges. The initiative was launched by Prince Badr bin Abdullah bin Farhan, Minister of Culture...