UAE, Canada discuss cooperation for women’s empowerment
During the meeting, the Canadian ambassador was briefed about the initiatives launched by the UAE to strengthen women's rights.Sharjah Council okays measures for boosting safety of agri products
The Sharjah Executive Council (SEC) has approved a draft Emiri decree on organizing the Sharjah Classic Cars Club, and a draft Emiri Decree on organizing the Sharjah Self-Defense Sports Club, local media reports said. The aim of the decrees is to develop the legislative structure of the sports sector and...The UAE joins SESAME as a member with observer status
Minister Al Kaabi indicated that the achievement will enhance the nation’s scientific capabilities and enable its scientific and industrial organizations to develop more creative solutions to challenges.Indian Minister says UAE most popular tourist destination for his countrymen
The UAE is the most popular destination in the world for Indian tourists, according to figures submitted to Indian Parliament by the Minister of State for External Affairs, V Muraleedharan. The Minister Muraleedharan confirmed that 314,495 Indians left on tourist visas for the UAE in the first quarter of this...CBUAE enhances framework for real estate exposure of banks
The new methodology also introduces measurement of these exposures, based on credit risk-weighted assets using the CBUAE’s capital adequacy standards.$44.92m EDB, FAB loan for Lamprell
The facility is in line with EDB's strategy to support large corporates.IHC acquires stake in Al Qudra
The acquisition is part of Al Qudra's diversification strategy.Dubai World Trade Center to become regulator for virtual assets, crypto
The World Trade Center will deliver and oversee a new world-class regulatory framework of Virtual Asset legislative and enforcement policies.Abu Dhabi to host Pokemon GO Tour live event in 2022
Gamers on Yas Bay will be joined by those taking part in Monterrey, Mexico at Parque Fundidora and Kaohsiung, Taiwan at the Taiwan Lantern Festival.Etihad launches WorldPass for frequent travelers from UAE
Etihad Airways has announced a new travel solution aimed at corporate and frequent travelers booking from the UAE, said local media. The newly launched Etihad WorldPass allows the airline’s customers to purchase a travel subscription which offers complete flexibility and ease with rearranging bookings throughout the year, said sources. Etihad...ADQ establishes office in Cairo to boost its investment in Egypt
Abu Dhabi Development Holding Company (ADQ) has established a new office in Egypt to build on its commitment to investing in the country’s economic growth, media reports said. The opening of ADQ’s new office complements the $20 billion (AED 73 billion) strategic investment platform launched in 2019 between ADQ and...Emirates and IAEA discuss nuclear program, Expo’s role in fostering ties
Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Rafael Mariano Grossi, Director-General of the International Atomic Energy Agency (IAEA), at Expo 2020 Dubai to discuss the nuclear energy program of the country. Al Nahyan and Grossi hailed the cooperation between the two sides,...RAKEZ to partner with CBD for easy access to bank’s services
Ras Al Khaimah Economic Zone (RAKEZ) has entered into a strategic alliance with the Commercial Bank of Dubai (CBD) to provide RAKEZ clients with quick and convenient access to the bank's products and services. A Memorandum of Understanding (MoU) was signed by Ramy Jallad, Group CEO of RAKEZ, and Dr....UAE keen to foster cooperation with ASEAN, says Foreign Affairs Minister
Reports say that Sheikh Abdullah bin Zayed praised the outstanding relations between the UAE and the ASEAN countries.Abu Dhabi Islamic Bank provides $270m in UK real estate finance
Over the last three years, ADIB has catered to the growing demand for commercial property investments in London as well as major regional cities in the UK.Abraham Accords established deep relations in the region: Israel PM
Bennett was speaking on the outcomes of the Abraham Accords Peace Agreement between the UAE and Israel.Sheikha Fatima gets most influential figure in women’s rights award
The conference was organized by the ACSR, under the patronage of the Arab League.Social insurance protection is for all GCC citizens, says UAE
As per the system, the insured will receive end of service benefits in accordance with the retirement law in the person’s own country.Arab countries ban travel from African nations
The United States and several European countries have taken similar steps, banning travel from at least seven southern African countries. South African Health Minister Joe Phaahla told reporters that he felt some of the reactions to the new Covid-19 variant that was found in South Africa were ‘unjustified.’MENA startups raise $1.2 bn in H1
A Dubai-based think-tank has said that as many as 254 start-ups, mostly from the UAE, Saudi Arabia, and Egypt, have attracted a record-breaking funding in 2021.Region’s private equity market set to revive
The region’s industry executives are working hard to improve the dented image and put the sector back on track by attracting more foreign investors.New technology rejigs Gulf maritime sector
Real time data coupled with effective supply chain technology came in handy for the industry after the aviation sector was grounded following the spread of COVID-19 globally.Riyadh, Dubai compete for business of news
Prominent media houses that have announced plans to move their base from Dubai to Riyadh include the state-owned Al Arabiya and its sister channel Al Hadath owned by the MBC Group and the recently-launched Asharq news channel.GCC in hot pursuit of 2050 emission goals
The GCC nations are looking at the $500-billion market for Green Hydrogen by 2050, but will it be enough?HNWIs drive up luxury car sales in Gulf region
Being home to most of the high net-worth individuals in the Middle East, Saudi Arabia, the UAE and Qatar are natural markets for major luxury car brands.‘Transparency key to success for corporates in MENA’
Good corporate governance and best practices have been driving the shift in the regional market, says Jamal Fakhro, Managing Partner at KPMG Bahrain, in an exclusive interview‘Cyber pandemic’ grips UAE, Saudi Arabia
The Covid-19 pandemic has acted as a force multiplier for existing cyber threats while giving birth to a whole new set of cyber risks. Cyber criminals have switched tactics to exploit the new reality of remote working on personal devices. In 2020, the UAE has experienced around 15.8 million brute...GCC can help shipping industry curb emissions
Saudi Arabia and the UAE are already off the starting mark in their efforts to supply alternative fuels to the global maritime industry.UAE outsmarts competitors in luring foreign investors
The UAE government's recent decision to slash the fee to set up a business by 94% to US$272 is expected to attract foreign investments and propel the non-oil economy.UAE investing hub despite high starting cost
Starting a business in the Emirates makes a $7,444 hole in the pocket, but world-class infrastructure, excellent connectivity, business-friendly policies and low taxes attract investors from across the world.Unemployment will haunt Gulf in 2021
While joblessness will be a worry, the economies of the GCC countries are expected to grow by about 2.5 percent between 2021 and 2023.Family firms call heirs to take command
Family-owned businesses in the Middle East, estimated to be worth more than $1 trillion, have been bogged down with issues such as corporate governance, estate planning and succession.UAE on way to become cashless economy by 2025
According to World Bank, the UAE has about 61 automated teller machines (ATMs) per 100,000 adults, much more than the world’s average of 43 ATMs. The central bank digital currency (CBDC) is expected to be launched in the UAE and Saudi Arabia in the next two to five years.UAE on way to become cashless economy by 2025
According to World Bank, the UAE has about 61 automated teller machines (ATMs) per 100,000 adults, much more than the world’s average of 43 ATMsGCC seeks to tap green hydrogen demand
The GCC countries see hydrogen as a key factor in fuel transition and have drawn up plans to export green hydrogen, green ammonia, and power fuels in the future.What’s in store for UAE as OPEC+ decides to increase oil output?
The UAE’s oil production limit fixed by the OPEC+ in 2018 is not a reflection of its full production capacity, which rose from 3.17 million barrels per day in that year to over 3.8 MBPD in April 2020.





































