This represents Bombardier’s first full-service facility in UAE.

ABU DHABI, UAE - Experts from UK and the UAE participated in a Sci-Tech Virtual Tour of the Emirates science and technology ecosystem. The virtual tour was organized by UAE’s Ministry of Industry and Advanced Technology (MoIAT), the Ministry of Foreign Affairs and International Cooperation (MoFAIC), UAE Embassy in London,...

Beside successfully addressing COVID-19, the country created a distinguished development model covering all political, economic, social, scientific and cultural areas in 2022.

GENEVA, SWITZERLAND - Natural catastrophes have caused an estimated US$115 billion of insured losses in 2022 to date, driven by Hurricane Ian and other extreme weather events, reinsurance giant Swiss Re estimated Thursday. Hurricane Ian, the single largest loss-causing event so far this year, caused an estimated insured loss of...

Some companies are already discussing investment opportunities with Cameroon, including DP World that aims to manage some ports in Cameroon including Douala Port, adds Al Zeyoudi, who is leading an Emirati delegation of business, investment and development leaders to the country.

DUBAI, UAE - Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai has approved the Dubai Countryside and Rural Areas Development Master Plan, spanning an area of 2,216 square kilometers. The Plan seeks to preserve the nature of areas including Lehbab, Margham, Al Marmoom, Al...

ABU DHABI, UAE - Abu Dhabi Fund for Development (ADFD) participated in the first plenary session of the Council of Foreign Investors in Uzbekistan. The session was held under the chairmanship of President of Uzbekistan Shavkat Mirziyoyev. The discussions focused on fostering economic development in Uzbekistan by facilitating investment in...

Kuwait City, Kuwait—Kuwait will set up more than 400 local development project on Saji Island, according to the acting director general of the National Fund for Small and Medium Enterprise Development. Adel Al-Hasawi told media that the artificial island, located south of Jaber Causeway, is versatile and will be divided...

The Ministry of Climate Change and Environment (MOCCAE) introduced the second edition of the UAE Green Business Toolkit in partnership with the Global Green Growth Institute (GGGI) at the 27th United Nations Climate Change Conference (COP27), held in the Egyptian city of Sharm El Sheikh.

The fund will support the acceleration of the energy transition, the increased resilience of food, transport, water and urban systems, and the promotion of energy security.

Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi met with UAE Minister of Foreign Affairs and International Cooperation, Sheikh Abdullah bin Zayed Al Nahyan.

UAE and Indonesia have signed a Declaration of Intent to boost economic and social development between the two countries and exchange knowledge and data in the energy sector.

There is a need for concerted efforts by citizens and residents to make this global event a success, Sheikh Khalifa bin Jassim said in an interview to a local Qatari newspaper, adding that the World Cup Qatar 2022 will leave a unique imprint in the history of the FIFA World...

MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer received Consul-General of Canada to Dubai and the Northern Emirates Jean-Philippe Linteau at GITEX Global 2022.

A high-level UAE delegation, on a visit to Egypt, met with senior officials of the Egyptian Ministry of Defense.

UAE Ministry of Culture and Youth participated in the UNESCO World Conference on Cultural Policies and Sustainable Development – MONDIACULT 2022, which took place in Mexico.

The Energy Minister said the UAE encourages joint investments with China in every sector, most notably in digital economy, green economy and circular economy.

UAE and Tanzania have signed an agreement for avoiding double taxation and preventing tax evasion.

The Ministry of Energy and Infrastructure (MoEI) announced the launch of the "UAE Maritime Network".

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.

The Sharjah Chamber of Commerce and Industry (SCCI) has recommended several measures to strengthen the emirate’s public-private partnerships (PPPs).

Qatar science and Technology Park (QSTP) has deepened its partnership with Iberdrola Innovation Middle East by signing an agreement to increase Iberdrola's research, development and innovation-based activities.

The Islamic Development Bank (IsDB) has approved a $1.12 billion financing for development projects in various sectors in nine member countries.

The UAE has ranked 26th globally and first in the Arab world in the 2021/2022 Human Development Report, which is published annually by United Nations Development Program (UNDP).

A delegation from Saudi Arabia's Royal Commission for AlUla (RCU) visited Petra on Tuesday to advance cooperation between the two kingdoms in tourism.

Innovative technologies to produce green hydrogen using clean and renewable energy are witnessing rapid developments and studies indicate that green hydrogen production will increase by 57 percent annually to reach 5.7 million tonnes in 2030.

Prime Minister of Jordan Dr. Bisher Khasawneh met Kuwaiti Minister of Information and Culture Abdul Rahman Al-Mutairi, who is in the Kingdom to head his country's delegation in the 21st Amman International Book Fair.

UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the Joint Environment and Climate Ministers’ Meeting as part of the G20 Summit in Indonesia.

Japan will use its place on the United Nations Security Council to push for an African seat on the top world body, Prime Minister Fumio Kishida said Sunday. "Japan reiterates its determination to redress the injustice against Africa of not being represented through a permanent membership on the Security Council,"...

Japanese Prime Minister Fumio Kishida Saturday pledged $30 billion over three years for Africa in a virtual address to a development conference in Tunis. The eighth Tokyo International Conference on African Development (TICAD8) takes place amid a "complex" international environment caused by the coronavirus pandemic and the war in Ukraine,...

The UAE is providing sustainable humanitarian aid worldwide, underscoring its commitment to promote regional, global peace and prosperity. As per data issued by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the total value of foreign aid provided by the UAE from the start of 2021 to mid-August 2022...

Emaar Properties announced Thursday it would fully acquire Dubai Creek Harbour, the major development located along the historic Dubai Creek waterfront, from Dubai Holding for a price of AED 7.5 billion ($2 billion) to be paid equally in cash and shares of Emaar Properties, thus making Dubai Holding the second...

Jordan Senate's Finance and Economic Committee hosted an expert in economic affairs at the National Democratic Institute (NDI), to look into the draft law regulating the investment environment.

The Ministry of Climate Change and Environment (MoCCAE) and Emirates Development Bank (EDB) have joined hands to set up a scheme to offer finance solutions to modern agricultural SMEs and start-ups.

During the meeting, the minister emphasized the UAE's commitment to solidifying its economic and trade partnership with Mongolia to support both countries' developmental agendas as well as their sustainable economic growth.

Emirates Development Bank (EDB) will participate in Bonds, Loans & Sukuk Middle East, the region’s largest gathering for the corporate and investment banking industry.

The World Economic Forum has pleaded for a new partnership between various stakeholders in order to make a difference to people living in fragile zones of the world. In a paper released by the WEF, it calls for a new collaboration between humanitarian and development organizations, businesses, investors and entrepreneurs...

Tourism is deemed one of the future sectors and a key focus area in the UAE’s development vision for the next 50 years

The UAE accomplished many achievements under the rule of the late Sheikh Khalifa bin Zayed Al Nahyan, including being ranked among the top 10 globally in 20 key indicators of global competitiveness related to the energy and infrastructure sector for the year 2021, according to reports issued by a number...

Jordan Free and Development Zones Group Director Arwa Hiyari said the beach project is aimed at diversifying tourism.

The company has chosen MAN Energy Solutions to provide 25 sets of biofuel generators for the sustainable tourism destination.

The report said that the climate state is rapidly aggravating poverty and instability, and is likely to amplify the economic burden on governments struggling to manage COVID-19

Ras Al Khaimah Tourism Development Authority (RAKTDA) has achieved sixth place on the Best Workplaces List of 2022 – Small & Medium Organizations. The ranking is awarded by the Great Place to Work, the global authority that recognizes high-trust, high-performing workplace cultures. RAKTDA is the category’s highest placed government entity...

The move comes as an extension of the Kingdom’s continuous support for the people and government of the Islamic Republic of Mauritania.

Masdar, one of the world’s leading renewable energy companies, has signed an agreement with Kyrgyzstan to explore the development of renewable energy opportunities in the Central Asian nation and support Kyrgyzstan’s clean-energy objectives. Bekmurzaev Doskul Djumagulovich, Minister of Energy of the Kyrgyz Republic and Abdulla Zayed, Head of Development and...

The Saudi Development and Reconstruction Program for Yemen (SDRPY) and the Saudi Red Crescent Authority (SRCA) announced today the provision of urgent and immediate support to support the capabilities of Yemeni medical centers and hospitals. The support is to allocate and provide 30 ambulances and highly equipped urgent response vehicles. https://twitter.com/mediasrcaen/status/1513907517373534208?s=20&t=9W7mUIzFsfuJCh4h8fWDNA...

The Abu Dhabi Distribution Company (ADDC), a subsidiary of Abu Dhabi National Energy Company (TAQA Group), has signed a Memorandum of Understanding (MoU) with Abu Dhabi University (ADU) to accelerate technical, societal and environmental solutions in the energy sector through research and development.

To achieve development goals, the MENA region must create three hundred million jobs, according to President of the World Bank David Malpass.

The bank announced this while participating in the Global Entrepreneurship Congress (GEC) in Riyadh.

The residential complex is located in Bir Al-Souk in Morocco.