ABU DHABI, UAE - IDEX and NAVDEX 2023 exhibitions, to be held from February 20-23 in Abu Dhabi, will host over 15 high-level panels.ADNEC Group is organizing the 16th edition of the International Defense Exhibition & Conference (IDEX 2023), and the seventh edition of the Naval Defense & Maritime Security...

The two sides discussed various paths of cooperation and development in the investment, economic, scientific, cultural and advanced technology fields.

Expat Essentials Index ranks cities on the basis of quality of life, ease of settling in, working abroad, personal finance and digital life among other criteria.

UAE Minister of Energy Suhail bin Mohammed Al Mazrouei highlighted the UAE Energy Strategy 2050, the first unified energy strategy by the UAE, which aims to integrate the renewable and clean energy mix to achieve a balance between economic needs and climate goals, in addition to reducing dependency on other...

SHARJAH, UAE - Sharjah Chamber of Commerce and Industry (SCCI) in 2022 continued its role in creating investment environment and reinforcing the position of the emirate of Sharjah as a global business hub.The SCCI also bolstered its competitiveness by protecting the interests of businessmen and supporting its members in the...

Abu Dhabi, UAE-- The UAE has stressed the need for speeding up new investments in the energy sector in order to meet rising global demand as a number of OPEC+ member countries cut output.Speaking on the sidelines of the Global Energy Forum in Abu Dhab, Suhail bin Mohammed Al Mazrouei,...

ABU DHABI, UAE -  UAE Minister of Energy and Infrastructure and Romanian Minister of Energy discussed ways to enhance cooperation in the energy and climate action fields between the two countries.UAE minister Suhail bin Mohammed Al Mazrouei received Romanian Minister  Virgil-Daniel Popescu at the Energy Ministry's headquarters in Abu Dhabi...

ABU DHABI,  UAE - Masdar signed an agreement with four Dutch companies to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets.Masdar, , one of the world’s leading clean energy companies, inked an agreement with Port of Amsterdam, SkyNRG,...

ABU DHABI, UAE - European countries will eventually resume higher imports of Russian gas, Qatar's energy minister and gas company CEO predicted on Saturday, warning that market volatility could last for years.Russian gas exports to Europe plunged after Moscow's invasion of Ukraine but Saad Sherida al-Kaabi, head of QatarEnergy, said...

Abu Dhabi, UAE--The president of this year's COP28 climate talks, who heads one of the world's biggest oil companies, on Saturday urged a focus on lower emissions, warning global energy needs were set to accelerate.Sultan Al Jaber, the United Arab Emirates' special envoy for climate change and CEO of the...

Streamlined legislation, increased investment in infrastructure and hosting of international maritime events contribute towards growth of Dubai’s yachting industry.

Raja Al Mazrouei will succeed Massimo Falcioni.

"The [energy] landscape in 2023 will have much of the same volatility we've seen in 2022. The difference is the Chinese economy is going to come back because of the lifting of COVID-19 restrictions, but at the same time Europe and the United States are going to be slowing down,”...

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 sustainable...

Dubai, UAE: The United Arab Emirates ranks fourth on the list of 63 economies around the world in the Tax Policy category of the World Competitiveness Yearbook 2022 Peer Group.Published by Switzerland-based International Institute for Management Development (IMD), the World Competitiveness Yearbook assesses and ranks 63 economies around the world...

The Saudi market's general index, TASI, rose 1.19%, Dubai Financial Market 0.47%, Abu Dhabi Stock Market Vadax 15 index 0.133% by the end of the trading session.

DUBAI, UAE - The 28th edition of the Dubai International Pharmaceutical Technologies Conference and Exhibition (DUPHAT) 2023 concluded. The three-day event, which concluded Thursday, took place at the Dubai World Trade Center and drew more than 26,000 visitors and participants from 82 countries.Dr. Ali Al Sayed Hussain, Director of the Pharmaceutical...

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has organized 157 training courses and awareness sessions on occupational health and safety during 2022, with the participation of 2,170 employees from various divisions.DEWA also organized its 20th Internal Health and Safety Week, which featured various activities in all aspects of...

Dubai, UAE--Dubai real estate market recorded transactions worth AED1.9 billion ($517 million) on Thursday, Dubai Land Department said.These included 432 sales worth AED1.45 billion, in addition to 73 mortgage deals of AED464.03 million, and 20 gift deals amounting to AED18.34 million.The sales included 342 villas and apartments worth AED1.06 billion,...

The UAE pledged to roll over $2 billion in debt due over the next two months, with an additional $1 billion pledged during Prime Minister Shehbaz Sharif's ongoing visit to the emirates.

According to the Apex Bank, Islamic banks' credit climbed by 5.7 percent year-on-year to $108 billion by the end of last October.

The UAE's Ministry continues to develop the country’s model in economic development through partnership between the public and private sectors and implementing measures aimed at enhancing the role of the Emirati talent in the labour market, particularly in the private sector, he adds.

Nearly 60 percent of organizations in the region had increased their cybersecurity spending in 2022, Abhay Pandey, Founder and CEO at MAST Consulting Group, tells TRENDS.

The agreement comes as Pakistan grapples with a major foreign exchange crisis, holding enough reserves to pay for just three weeks of imports.

ABU DHABI, UAE -  The UAE participated in the Global Partnership for Financial Inclusion (GPFI) meeting in the Finance Track of the G20 for 2023 which was held under India’s G20 Presidency.The meeting was held to discuss the GPFI work plan for 2023 and agree on the financial inclusion action...

Abu Dhabi, UAE--The Environment Agency of Abu Dhabi (EAD) has planted one million mangrove seeds using drones as part of the first phase of a drone mangrove plantation project.The Abu Dhabi Mangrove Initiative was announced in February 2021 during Prince William's visit to the UAE.This initiative, which is implemented by...

Dubai, United Arab Emirates--The head of the United Arab Emirates' national oil company was named as president of this year's COP28 climate talks on Thursday, promising a "pragmatic" approach to tackling global warming.Sultan Ahmed al-Jaber, who heads up the UAE's Abu Dhabi National Oil Company (ADNOC), will be the first CEO...

The partnership will strengthen workforce in the UAE.

The year 2022 witnessed several deals involving Gulf nations and leading natural gas consumer countries that seek to secure their LNG supplies in both near and distant future.

The guidance, which comes into effect immediately, will assist LFIs’ understanding of risks and effective implementation of their statutory AML/CFT obligations, and takes Financial Action Task Force (FATF) standards into account. The Guidance requires LFIs to demonstrate compliance with its requirements.

Dubai, UAE-- Emirates NBD has announced the successful pricing of its inaugural AED1 billion ($272 million) dirham-denominated bond, the first such issue by a UAE bank.The group's bond sale will support the further development of a medium-term bond yield curve and facilitate access to financing for UAE corporations, the bank...

The latest statistics of the Central Bank attributed the monthly increase in foreign assets to the rise in bank balances with banks abroad by 2.2 percent.

Face and iris recognition technology vary by country in the region, and expecting it to be implemented in many airports around the world in a short time is unrealistic, says an expert.

DUBAI, UAE  - The US Navy said Tuesday it had seized over 2,000 assault rifles smuggled on a fishing boat along a maritime route from Iran to Yemen.The cargo was discovered on Friday off the coast of Oman "on a route historically used to traffic illicit cargo to the Huthis in...

Around 150 representatives from Bahrain, Egypt, Israel, Morocco, the UAE and the United States discussed boosting security cooperation through information sharing as part of the so-called Negev Forum, a gathering born out of recent normalization deals between Arab states and Israel.

ABU DHABI, UAE - Masdar has announced the signing of an agreement with the Ministry of Energy of Kyrgyz Republic to develop a pipeline of renewable projects in the country.The projects, with a total capacity of up to 1 gigawatt (GW), start with a 200-megawatt (MW) solar photovoltaic (PV) plant.The...

ABU DHABI, UAE - Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched the updated version of its Effortless Certificate of Origin service, which aims to enhance customers’ experience and reduces the time taken for acquiring the service.This comes as part of its participation in the Abu Dhabi Program...

Sharjah, UAE--The Sharjah Department of Public Works (SDPW) conducted a workshop on the "Sharjah Ports, Customs and Free Zones Authority Building" project and the lessons learned from the project.Ali bin Shaheen Al Suwaidi, Head of the SDPW, confirmed that the department supports carbon neutrality and zero carbon emissions in its...

The contribution of financial companies operating from DIFC to the financial services sector in the country exceeded 13% of the nominal GDP of Dubai during 2021, Amiri said.

Some investment trends that emerged at the tail end of 2022 — clean energy, consumer staples, retail, and infrastructure — will gain further impetus in 2023, says an expert.

MUSCAT, OMAN -  UAE Minister of Education Dr. Ahmad Belhoul Al Falasi and Oman Minister of Education Dr. Madiha bint Ahmed Al Shaibaniyah discussed advancing the cooperation between the two countries in the education sector.  The meeting was held in Muscat and aimed at boosting the coordination and cooperation between...

The UAE's keenness to open up to the world and work to stamp out obstacles to trade and investment flows translates into a consistent Emirati approach, as trade has always represented an integral part of the history and heritage of the country, he adds in an Op-Ed published by Emirates...

A delegation of the UAE Federal National Council's Parliamentary Division, led by Dr. Nidal Mohamed Al-Tunaiji met with Nuzhat Sadiq, Member of the Senate of Pakistan.

ANTALYA, TURKEY - The UAE Parliamentary Division of the Federal National Council (FNC), participated in the meeting of the Standing Committee on Political Affairs of the Asian Parliamentary Assembly (APA).The FNC delegation was represented by Dr. Nidal Mohammed Al Tunaiji, Head of the UAE Parliamentary Division at APA, and Vice-Chairman...

SHARJAH, UAE - The Sharjah Consultative Council (SCC), in its seventh session, held as part of the fourth regular session of the tenth legislative term discussed the policy of the Districts and Villages Affairs Department (DVAD).The SCC meeting, at its headquarters in Sharjah, was chaired by Ali Mehd Al Suwaidi,...

DUBAI, UAE  - DEWA has completed 76.8 percent work on the water reservoir project in Hatta. The project has a storage capacity of 30 million imperial gallons (MIG) and is being built at a cost of approximately US$23 million (AED86 million).It is expected to be completed in April 2023.This was...

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 - A total of 2,173 real estate transactions worth over US$2.72 billion (AED 10 billion) were conducted during the week ending January 6, 2023, according to figures released by the Dubai Land Department (DLD).A total of 270 plots were sold for $612 million (AED 2.25 billion), 1,903 apartments...

The project is underpinned by a central green spine that runs the length of the community, featuring parks, lakes, and biodomes.

Abu Dhabi, UAE- The UAE has dispatched a second consignment of household generators for the Ukrainian civilians affected by the ongoing war with Russia.In December, the UAE announced that it's sending 2,500 household generators to civilians affected by the ongoing crisis in Ukraine that has disrupted energy infrastructure and caused...