BRICS group poised to shape global economy’s future
“This potential is further amplified by its vast human resources, and cutting-edge technological and industrial capabilities,” he adds, emphasizing that BRICS could shift global focus to urgent matters like climate change, energy security, innovation, and the promotion of investments in emerging technologies.‘Mainstream sustainability for a net-zero future’
“As the UAE gears up to host COP28, it's crucial to involve all partners in hastening climate action, both locally and globally. Our objective is to mainstream sustainability. We're convinced that if we can make intricate climate change issues relatable worldwide, we can undoubtedly fulfill the Paris Agreement's objectives,” she...For GCC, centralized demand planning is indispensable
Facing challenges like varied categorization and technical standards, GCC economies are turning to innovative solutions. With digital technologies and unified planning, the Gulf region aims to unlock the full potential of their industrial sectors, add the experts from Kearney.‘Saudi Arabia committed to peaceful nuclear energy’
"The Kingdom underscores the need for collective international efforts to enforce the provisions of the Non-Proliferation Treaty and ensure its universal adoption. We also stress the importance of countering nuclear proliferation in the Middle East," the Saudi minister adds.Growing IT outlays intensify MENA’s transformation
The region's IT spending is set to rise by 4% to $183.8 billion in 2024, with software and IT services witnessing double-digit growth, and device spending recovering post-2023 decline.Foreign direct investment crucial for economic growth
At this year's technology summit in the United States, which spotlights economic diversification through the strategic use of energy-generated wealth, he emphasizes Qatar's distinctive approach in leveraging wealth and investment for job creation and economic progress.‘Protect the planet, natural resources and heritage’
"The UAE is steadfast in its efforts to mitigate tensions and advocates for dialogue and diplomacy as means of resolution. We're committed to fostering a new paradigm to bolster economic collaboration among regional countries, benefiting both their economies and their people, and enhancing regional stability and prosperity," she adds.Cybersecurity vital for UAE’s banking, customer trust
"The banking and financial sector, being a prime target for cybercriminals, necessitates evolving solutions and strategies for protection. Regulatory compliance is vital, and stakeholders recognize that it extends beyond legalities to ensure adherence to top-tier cybersecurity standards," he adds.MBRSC key in elevating UAE’s space exploration status
"With the successful accomplishment of Sultan Al Neyadi’s mission to space, the Mohammed bin Rashid Space Centre has completed another momentous achievement. The 'Zayed 2' mission reflects our leaders' boundless vision and marks a remarkable milestone in the UAE's space journey,” adds Sheikh Hamdan, who is also Chairman of The...There’s a link between health and climate change
“As we prepare for the groundbreaking Health Day at COP28, we are resolute in our determination to address the challenges posed to health by climate change and encourage ambitious investment in the health sector. Our goal is to build resilient, equitable health systems,” adds the COP28 President-Designate.Surplus in overall balance makes UAE’s economy robust
"The fiscal policy bolstered economic growth and the competitive business environment, leading to the UAE being ranked as the fastest-growing economy in the year 2022," adds Dubai's Deputy Ruler, Deputy Prime Minister, and Minister of Finance Sheikh Maktoum bin Mohammed, praising the Ministry of Finance’s team for their efforts.Inclusive policies key to greater global cooperation
“By placing an emphasis on inclusive policies, embracing digitalization and fostering stronger international collaboration, we can establish a trade landscape that benefits everyone and leaves no one behind,” she adds, referring to the UN’s fifth global survey on digital and sustainable trade facilitation aimed at easing international trade.MEA brands focus on personalized customer experience
"Post-Covid GCC travel trends are promising: about 50% of customers plan to increase digital spending in travel and retail. With the right engagement strategies, travel brands can tap into this surge and deliver delightful customer experiences," adds Badiani, the regional vice-president at Moengage for Middle East, Africa and Turkey.Apple to update iPhone 12 in France over radiation
Both the firm and France's digital minister Jean-Noel Barrot insisted on Friday there was no danger to public health from the radiation. On Tuesday, Barrot gave Apple two weeks to issue an update to its phone, which was coming to the end of its career as a front-line Apple product.Saudi Arabia leads as MENA region sees gaming boom
The MENA region's gaming revenue is set to hit $7.2bn in 2023, representing 17% of global gamers, while Saudi Arabia's market may hit $1bn mark this year and triple by 2030.Norms may make it easy to navigate ethical maze of AI
While speaking at the International Government Communication Forum in Sharjah, he emphasized that it's essential to regulate technology and overall policies to ensure cybersecurity and ethical AI use, stressing the necessity of local regulations in addition to international standards.‘Saudi Arabia sees fastest growth among G20 nations’
"The Saudi economy achieved a growth rate of 8.7 percent in 2022, the fastest among G20 countries, surpassing the expectations of international organizations, which had estimated it at a maximum of 8.3 percent," the minister points out, adding that the Kingdom ranks 17th among the world's 64 most competitive economies.‘Saudi Arabia emerges as a leader in digital economy’
"Today, the Kingdom takes pride in its advanced technological sector, which has solidified its regional and global position as a leading tech hub. With national digital capabilities boasting global qualifications and enabling digital infrastructure, these collective advancements get reflected in international indices and reports," he adds.Partnership deals help UAE and India strengthen ties
"The UAE and India have robust, deep-rooted bilateral relations. The signing of the Comprehensive Strategic Partnership in 2017 and the Comprehensive Economic Partnership Agreement in 2022 reflects both countries' eagerness to strengthen and elevate these relations," Al Sayegh points out on the sidelines of the G20 Summit in New Delhi.G20 treads lightly on Ukraine war, climate issues
The African Union joined the G20, boosting Africa's voice, while a new initiative aims to connect Europe, the Middle East, and India through infrastructure.‘Qatar leads the charge in food security initiatives’
Several ministers of agriculture and food security from UN's Food and Agriculture Organization member states at the event discussed key innovative solutions to transform food systems in a way that contributes to accelerating the implementation of the 2030 Agenda for Sustainable Development, in addition to reviewing the challenges.‘Sharjah solidifies its global cultural hub status’
"The Sharjah International Book Fair has established itself as an exemplary Arab accomplishment, and we are elevating its role to enrich global culture. It has served as a platform for publishers, book industry professionals, and libraries to flourish, build partnerships, and strengthen relationships with their target audience,” she adds.‘Multilateralism only option to tackle global crises’
Stressing that “we are in a race against time” on issues from climate change and biodiversity loss to education and gender equality, he calls on Member States to “put money where our promises are” — supporting sustainable development with appropriate regulations, financing, capacity-building and verification.UAE and Africa strengthen carbon market collaboration
"Our collaboration with the Africa Carbon Markets Initiative provides carbon market buyers in the UAE and wider region with access to high-quality carbon credits in Africa. This does not only help to unlock Africa’s carbon credit generation potential, but also supports sustainable investment opportunities and long-term climate impact," she adds.Internal strife diminishes Israel’s regional clout
With a prolonged internal conflict anticipated and both the military and economy showing signs of strain, Israel's regional standing is being affected, say experts.New initiatives to enhance Saudi market infrastructure
"This quarter, we focused on enhancing our market infrastructure and introduced several initiatives, including changes to the debt market; negotiated deals; introduction of drop copy; cancel on disconnect orders; request for quotes; and normal trade removal for the main market," he adds.UAE evacuates 34 Emiratis from Florida ahead of approaching Hurricane Idalia
ABU DHABI -- The United Arab Emirates Embassy in Washington, in coordination with representatives of the UAE's officials mission in the United States, has evacuated 34 Emirati nationals residing in Tampa, Florida to safe destinations, as hurricane Idalia arrives ashore the west coast of the state of Florida. Yousef Al...Iraq-Iran rail link to facilitate travel, tourism and medical treatments
Iraq's prime minister inaugurated construction work on what is slated to become the first railway line connecting the country to neighboring Iran. The "Basra-Chalamja connection project" will link the major port city of Basra in southern Iraq to Iran's vast railway network through the Chalamja border crossing, a transport ministry...Logistics delivers boom with value-added services
"A top-tier, industry-specific enterprise resource planning (ERP) solution is vital for efficiently delivering these value-added services. Distributors grapple with supply chain disruptions, fierce competition, and labor shortages, making it challenging to consistently deliver the products and services customers want," he adds.Gulf Federation for Electronic Sports formed, will develop regional talent
Riyadh, Saudi Arabia - The Gulf Federation for Electronic Sports was established Thursday on the sidelines of the Next World Forum, to support, nurture, and develop Gulf talents through annual tournaments hosted by all countries. The launch was attended by the Chairman of the Board of Directors of the Saudi...CEPA boosts UAE’s trade ties with key global players
“The country's foreign trade will continue to thrive due to these CEPAs. Agreements with Türkiye and Indonesia are slated for implementation in early September, promising to significantly influence our trade with these key global players,” adds Dr. Thani bin Ahmed Al Zeyoudi, the country’s Minister of State for Foreign Trade.Exclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economy
In the GCC, online market growth surpasses offline, driven significantly by Saudi Arabia, amid intense competition where local brands increasingly stand out.Exclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economy
In the GCC, online market growth surpasses offline, driven significantly by Saudi Arabia, amid intense competition where local brands increasingly stand out.Hotel revenues in Oman grow 27.8% to $318 million in July
Muscat, Oman -- The revenues of 3-5-star hotels in Oman reached RO 122.5 million ($318 million) at the end of July 2023, up by 27.8 percent over the corresponding period in 2022. Statistics issued by the National Centre for Statistics and Information (NCSI) show that the total number of hotel...UAE’s Olympic tapestry woven by pillars of progress
"It' time to promote the Olympic Movement's core values in close collaboration with national sports organizations and key authorities. The NOC will continue to work to instil the Olympic ethos at the grassroots level and promote sports participation in schools and higher educational institutions," adds Sheikh Ahmed, who also heads...It’s time to address universal issues through media
Many Filipino media professionals are working in the UAE that forms the core of media cooperation. “Given the strong friendly relations between the Philippines and the UAE, I think there is so much we can accomplish together. There is so much more potential in many areas, especially in media sector,”...COP28 to help green transition in developing nations
"International reports indicate that the countries in the Middle East and North Africa region are most vulnerable to climate change risks, as 60 percent of the region's population lives in areas that suffer severely from water stress, and 20 million people could be displaced due to climate change," she adds.BRICS expansion points to a shift in global dynamics
The Middle East, with its vast resources and strategic position, can play a crucial role in BRICS' vision of a more equitable and democratic global order as the BRICS move to include countries such as Saudi Arabia and the UAE can further reduce the alliance's dependence on Western financial institutions,...UAE and Saudi Arabia among six new BRICS members
Argentina, Egypt, Iran, and Ethiopia are the four other member countries joining BRICS, underscoring its commitment to a more inclusive global stance, effective from January 2024.COP28 will provide a pivotal moment in climate action
The conference will focus on practical aspects, unifying action, and establishing partnerships, as well as aligning efforts to transition from planning to implementation, to deliver tangible results and deal with climate challenges. The COP28 Presidency seeks to deliver a “human-centric COP”, she adds.Sustainable finance helps achieve net-zero emissions
"Together, we are working under the direct supervision of the Central Bank of the UAE to further advance sustainable finance in the region. Collaboratively defining a framework for accountability and best practices will encourage the transition to a climate-neutral, resource-efficient, and resilient economy," he adds.‘Humanitarian workers play key role in restoring hope’
"Humanitarian work knows no geographical or political boundaries; it does not recognize distinctions between cultures, nationalities, religions, and sects; and it does not see differences in color and race," adds the ambassador Sheikha Hessa bint Khalifa bin Ahmed Al-Thani.Carbon neutrality strategy to propel green transition
This ambitious strategy, commissioned by the ASEAN Member States and with the support from the Australia for ASEAN Futures (AUS4ASEAN) initiative, frames the need for ASEAN to pursue carbon neutrality with utmost urgency, and in doing so unlock the huge value potential of a green transformation of the region.UAE firms operating in Ethiopia enrich bilateral ties
There are more than 121 Emirati companies operating in the Ethiopian market, contributing to enriching relations between the two countries in the economic aspect, including Julphar Gulf Pharmaceutical Industries Manufacturers, Jenaan Investment, Masdar, Emirates Steel Arkan, DP World, and other leading Emirati companies, he adds.‘UAE’s humanitarian endeavors resonate globally’
"The UAE's humanitarian endeavors and diplomacy have resonated globally, exemplifying unity and camaraderie to pave pathways of hope. We have always been, and will continue to be, committed to uplifting the stature of individuals and humanity at large,” adds Abdulrahman bin Mohamed Al Owais, the UAE’s Minister of Health and...Disparity remains as Saudis, Emiratis see wealth gains
The financial landscape of Saudi Arabia and the UAE is undergoing a significant transformation, with most adults in the region experiencing an increase in their wealth.Cloud-based tools help optimize customer experience
Customer experience leaders in organizations of any size will see increased satisfaction in self-service, routing, and agent utilization by implementing these five changes with cloud contact center solutions. These changes will also boost employee well-being and engagement, he adds.Under UAE Presidency, COP28 will lead global efforts to protect the planet, safeguard future generations
"The UAE possesses essential capabilities such as modern infrastructure, a commendable track record in sustainability and environmental conservation, recognition as a successful convener of global events, and deep-rooted relations with other countries," he adds while reviewing the preparations to host COP28 in the country later this year.Ceer and Siemens deal to boost EV in Saudi Arabia
Riyadh-based Ceer is collaborating with Siemens Digital Industries Software to accelerate Ceer’s digital transformation and empower its engineers to design and build truly next-generation vehicles.Global cooperation crucial for multipolar world order
"We are seeing consistent movement toward the emergence of a multipolar world order. Most countries are prepared to stand up for their sovereignty, national interests, traditions, culture, and way of life," he adds, underscoring the fact that new centers of economic and political authority are gaining in strength.




















































