ADIB's revenue increased by 23% to US$1.8 billion in 2022.

ABU DHABI, UAE - UAE Ministry of Industry and Advanced Technology (MoIAT) Monday launched the Industrial Census project, in collaboration with the Federal Competitiveness and Statistics Center (FCSC), members of the Industry Development Council, and the local statistics centers. The project aims to create a comprehensive database of all establishments...

Dubai, UAE--The UAE has launched several innovative health projects in the 48th edition of Arab Health 2023, which began today at the Dubai World Trade Centre and will conclude on 2nd February, 2023. The Ministry of Health and Prevention (MoHAP), the Department of Health—Abu Dhabi (DoH), and the Dubai Health...

DUBAI, UAE - The Emirates Health Services (EHS) will showcase its 19 innovative healthcare projects during Arab Health Exhibition 2023, which will be held from January 30 to February 2 at the Dubai World Trade Center. Dr. Youssef Mohamed Al Serkal, Director General of the Emirates Health Services, said that...

At G20's first Health Working Group meeting in India, UAE affirmed its commitment to play an active role in addressing global health challenges.

Dubai, UAE - UAE's Federal Tax Authority (FTA) started the ‘Tax Support’ initiative to raise tax awareness among UAE’s business sectors through direct and sustained contact. The step is likely to help the businesses in enhancing compliance with tax laws and regulations, WAM reported. As a result, the first workshop...

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) inaugurated 17 new substations in 2022. These include fifteen 132kV stations with a conversion capacity of 2,280 megavolt amperes (MVA) and two 400kV stations with a conversion capacity of 4,000 MVA, in Al Qusais Industrial Area 5 and Jebel Ali First....

The South Korean diplomat, who co-chairs the Ban Ki-moon Centre for Global Citizens, was in the UAE this weekend to launch a partnership with Dubai Cares, a civil society organization focused on training youth on "green skills". "We need a COP of solutions and a COP of action," he said.

There is a close link between cybersecurity and GRC and innovation plays a key role in governance systems. Organizations must first establish a GRC system in order to achieve cybersecurity objectives and create a secure working environment, he said while addressing the Dubai's GPRC Summit 2023.

DUBAI, UAE- Dubai is fast emerging as the city of choice for destination weddings, with a growing number of event planners across the world recommending the city to couples as the perfect venue for their marriage. This is in line with the efforts aimed at boosting the emirate's stature as...

NEW DELHI, INDIA -   The UAE participated in G20'S first health working group session held in India from January 18 -20. The aim of the meeting was to discuss the priorities for the health track within G20 under the Indian presidency this year. The Indian G20 presidency said that it...

DUBAI, UAE - Dubai Electricity and Water Authority’s ( ) virtual employee ‘Rammas’, which uses Artificial Intelligence (AI), answered over 6.8 million enquiries since its launch in the first quarter of 2017 until the end of December 2022. Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that DEWA...

On a monthly basis, the deposits grew by 0.06 percent.

Shored up by healthcare, financial services, banking sector, and raw material companies, the Saudi equities posted gains throughout the weeks.

Abu Dhabi, UAE– The General Administration of Abu Dhabi Customs has announced the provision for the possibility of clearing goods for non-resident individuals and non-registered companies from outside the UAE through Abu Dhabi's land, sea, and air outlets. This move aims to facilitate customer experience, reduce effort and time, and...

Key mission information, such as the launch time and launch opportunities, was announced during the NASA Crew-6 mission overview media briefing.

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.

Equity will help DIC enter one of the most regulated markets

The rise was driven by strong regional economic growth.

DUBAI, UAE - Dubai Gold and Commodities Exchange (DGCX) Thursday announced its full-year market statistics for 2022, reporting 8.239 million contracts with a  value of US$162.01 billion during the year, representing growth of 16 percent and 8.24 percent from 2021, respectively. The DGCX is the largest and most diversified derivatives...

ABU DHABI, UAE - The UAE is determined to foster the attractiveness and competitiveness of the business environment in order to keep pace with future economic trends, a senior official said. The UAE further aims to offer a legislative framework that will enable companies to promote the new economic model,...

According to central bank's statistics, Banks’ investments rose in the first eleven months of 2022 by $10 billion or 8 percent, compared to $129 billion in 2021.

The bank recorded an increase of 26.6 percent.

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.

Rahim Yar Khan, Pakistan---UAE President Sheikh Mohamed bin Zayed Al Nahyan and Pakistan Prime Minister Shehbaz Sharif reviewed the ties between the two countries and discussed ways to enhance cooperation. Mohamed bin Zayed arrived in the Pakistani city of Rahim Yar Khan during his visit to country that was ravaged...

DUBAI, UAE - Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), received Christian Klein, CEO and member of the Executive Board of SAP SE. The meeting was attended by Marwan bin Haidar, Executive Vice President of Innovation and The Future at DEWA, and Mohammad...

Abu Dhabi, UAE---The First Abu Dhabi Bank, UAE’s largest bank, has issued a 5.25-year $600 million bond at US Treasury, which resulted in an all-in yield of 4.514 percent, on 19 January 2023. This marks FAB’s second dollar issuance in a space of 10 days following the $500 million RegS...

India’s Minister of Commerce and Industry Piyush Goyal highlighted the various prospects of cooperation including leveraging UAE and India’s startup ecosystems.

It will run under the motto,“we move people with ease”.

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) announced that it is participating in the 8th Dubai International Project Management Forum (DIPMF) as the organizing partner. DIPMF is being organized by the Roads and Transport Authority in Dubai (RTA) in cooperation with the Project Management Institute (PMI), DP World,...

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) launched the 'OWNEK' awareness initiative to help its accredited contractors and consultants receive approval on the first instance when requesting electricity connections. This initiative will save the contractors and consultants time and effort and speed up the workflow. The initiative includes...

Dubai's Holocaust Gallery is the only permanent exhibition on Arab soil about Nazi Germany's genocide of European Jews.

ABU DHABI, UAE - Abu Dhabi Agriculture & Food Safety Authority (ADAFSA) has just been announced as the winner of the Outstanding Community Initiative category at the 2022 Global Business Excellence Awards, thanks to its 'Auwn Community Program'. The program assisted in accomplishing ADAFSA's Corporate Social Responsibility (CSR) goals by...

Abu Dhabi, UAE-- The hosting of events like the Abu Dhabi Sustainability Week and the upcoming COP28 demonstrate the UAE's "great leadership in this process." This was stated by Grant Shapps, UK’s Secretary of State for Business, Energy, and Industrial Strategy. “I think it is an amazing year for the...

The project is a collaboration to develop and support an open information structure that will facilitate the comparative analysis of financial regulations across jurisdictions.

“The UAE will strive to make COP28 one of solidarity and action. It will listen, engage, and build partnerships with all parties who seek to play a constructive role in the clean energy transition. It will bridge the global north and south. And it will move from goals to concrete...

Robust monetary policies curtail the impact of geopolitical tensions, energy crisis, worsening inflation rates and market volatility on the region during 2022, a report highlights.

ABU DHABI, UAE - The Central Bank of the UAE (CBUAE) and the Egyptian Banking Institute (EBI) which is under the Central Bank of Egypt, discussed ways to promote cooperation in the field of training and building human capital capabilities relevant to the financial sector. This came during a meeting...

SHARJAH, UAE - The Sharjah Consultative Council (SCC) has approved its recommendations regarding the Districts and Villages Affairs Department (DVA) policy. This came during its 8th session, held at SCC's headquarters, as part of its work for the fourth regular session of the tenth legislative term. The session was chaired...

Al Dhafra, UAE--The 16th Al Dhafra Festival has kicked off as part of the Emirate of Abu Dhabi’s camel beauty contest season. The event will continue until February 2 at Madinat Zayed in Al Dhafra. Organised by Abu Dhabi Cultural Programs and Heritage Festivals Committee and ADNOC, the festival aims...

BAGHDAD, IRAQ - The Civil Aviation Authority announced the work to conclude new air agreements with the Gulf states. A spokesman for the Civil Aviation Authority, Jihad Al-Diwan, told local media agency: "We have agreements with all Gulf countries and all Gulf national carriers that land in Iraqi airports, except for...

AL DHAFRA,  UAE - The competitions and concluding activities of the 16th Al Dhafra Festival will begin Sunday as part of the Emirate of Abu Dhabi’s camel beauty contest season. The event, held under the patronage of President Sheikh Mohamed bin Zayed Al Nahyan,  will continue until February 2 at...

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has implemented the SAP Audit Management System (TAWKEED), becoming the first integrated utility in the Middle East and Africa (MEA) region to implement this best-in class solution. TAWKEED is used for risk-based audit planning, planning individual audit engagement, communicating results to...

Abu Dhabi, UAE--Masdar has signed agreements with three Angola, Uganda and Zambia to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW). The agreements were signed under the umbrella of the Etihad 7 initiative, a UAE-led initiative that aims to raise public- and private-sector funds...

The country will also focus on environmental sustainability and showcasing the UAE’s commitment towards fostering a global collaboration for innovative environmental solutions.

Overall, the two Gulf countries will continue to be major beneficiaries of the inflow of funds this year, says Nazar Musa, CEO of PRO Partner Group.

ABU DHABI, UAE - Building on its ongoing efforts to improve the healthcare ecosystem from all aspects, the Department of Health – Abu Dhabi (DoH) signed a strategic Memorandum of Understanding (MoU) with the Geneva Sustainability Center (GSC). The GSC is an organization powered by the International Hospital Federation (IHF)...

ABU DHABI, UAE - ADNOC Distribution on Friday announced plans to reduce its carbon intensity by 25 percent by 2030. This will be implemented by putting sustainability at the core of its day-to-day operations to future-proof its business and deliver sustainable long-term shareholder value. Central to ADNOC Distribution's enhanced sustainability...

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer received a high-level delegation from the EDF Group (Électricité de France) headed by Luc Remont, CEO and Chairman of the Board of Directors. Al Tayer also received a delegation from Cuba headed by...

Netanyahu, who returned to office last month with the formation of a new government, was at the helm in 2020 when Israel established ties with the United Arab Emirates, Bahrain, Morocco as part of the Abraham Accords. He has repeatedly expressed his desire to see Saudi join the list.