The comprehensive economic partnership agreements (CEPA) signed by the UAE with India, Israel and Indonesia this year will help the Gulf country's national economy grow by 2.6 percent by 2030.

The company intends to speed up growth in the GCC.

The newly updated agreement between the two companies will pave the way for the production of Pilatus PC-24 Super Versatile Jet interiors.

The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business Development - Fraud at ACI Worldwide, tells TRENDS.

The UAE has approved 22 policies that focus on accelerating the implementation of the circular economy model in the UAE in four main sectors – manufacturing, food, infrastructure, and transport. At the UAE Circular Economy Council’s second meeting of 2022, the Council also identified at least 16 circular economy activities that can...

The Saudi and UAE stock markets ended the week lower as concerns about slowing global economic growth impacted investor sentiment. Saudi Arabia's market index TASI finished down 1.7 percent at 11,523 points. Abu Dhabi Securities Exchange ended with a loss of 0.3 percent, on Friday the index in Dubai, fell...

The UAE has sent three planes carrying a 1,000 sqm field hospital, which includes 75 beds and two operating rooms equipped with the latest medical supplies and devices, to offer relief to earthquake victims in Afghanistan.

Anwar Gargash, Diplomatic Adviser to UAE President, discussed developing ties across various domains with Minister of Foreign Affairs of the Republic of Cyprus. In a meeting held in Dubai, the two reviewed issues of common concerns and means to enhance cooperation to promote progress, prosperity and development of both countries....

The Comprehensive Economic Partnership Agreement (CEPA) signed between Indonesia and the UAE on Friday will bring economic prosperity to a large section of the population of the Southeast Asian nation

UAE Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber said the country continues to empower the industrial sector and increase its competitiveness by leveraging its resources, advantages and capabilities

Many Gulf countries have set up electronic platforms to localize government and private sector jobs to reduce the national unemployment and their reliance on expat workers.

The UAE and South Korea sign an agreement to launch a joint cooperation program to support entrepreneurs and SMEs. During the 11-month program, the two sides will discuss and cooperate in entrepreneurship and SME development.

The new draft law is geared to provide more business opportunities for UAE citizens and allow new categories of citizens to access the commercial agencies business.

To expand and upgrade the metaverse, 6G, Wi-Fi 6, and edge computing capabilities will be critical. Just as the internet created safety, privacy, and security challenges, the metaverse will add even more challenges, he says.

Dubai's multicultural family shopping and entertainment hub provides a unique platform to SMEs to test creative and innovative business concepts, says Naveen Jain of Global Village.

UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said that leveraging nature-based solutions, especially blue carbon ecosystems, to mitigate and adapt to the impacts of climate change is required at the UN Ocean Conference.

The United Arab Emirates has presented its Fourth National Report on spent nuclear fuel, radioactive waste management at the International Atomic Energy Agency headquarters in Vienna, Austria.

In the Middle East, the UAE and Saudi Arabia have been leading the decarbonization conversation with pivotal government initiatives that encourage businesses to reduce their carbon footprint. Now, 2022 and beyond will be about delivering on and monetizing those ambitions despite all the challenges, he adds.

TRENDS takes an in-depth look at how the regional govts are reshaping their policies to make the technological ecosystem more lucrative and useful for metaverse and blockchain.

The Gulf countries still need to develop more laws since the use of Metaverse and Blockchain will expand in only some regions, something that "undermines the idea of a single, cohesive region in this sector, he adds.

Several MENA countries have fared well on all three domains of the Genuine Progress Indicator, which has been hailed as a much better metric of a nation's progress than GDP.

The UAE Ministry of Energy and Infrastructure received the 'Sustainability Leader in Shipping' award and a 'Decarbonization Champion in Power Sector' award during the recently held Decarbonization and Climate Action Awards

Several crypto platforms have recently launched dedicated NFT marketplaces. TRENDS tries to find out which business and economic sectors have been covered by NFTs in the UAE.

The sector, according to a KPMG report, scores low on customer satisfaction due to operational issues, lack of timely support, long waiting times and lack of feedback.

From making solar energy available at 1.35 cents per kilowatt hour to building three of the world's largest solar parks, the Emirates has taken a lead in the fight against climate change.

The UAE, Japan and Singapore have emerged as the trendsetters in regulating the crypto-currency market effectively, according to a top European academic.

Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online platforms are impacting lives of thousands of riders.

75 percent of respondents in Kuwait and 60 percent in Qatar said their country has a shortage of people with specialised skills.

Saudi Arabia has consolidated its position in the Arab world as the largest economy, posting a domestic output of $833.5 billion last year, the equivalent of 29.7 percent of the entire Arab region.

A Katyusha rocket struck near an Emirati-owned gas complex in northern Iraq on Friday, a local official said, the second such unclaimed attack in as many days. UAE energy company Dana Gas owns the complex, and the gas field lies between the cities of Kirkuk and Sulaimaniyah.

As the complexity of the pandemic and supply chain challenges have affected building material prices, the region should look for alternatives, says Nizam Abdul Baki of Purity.

The two-day 'Make it in the Emirates' event hosted by Abu Dhabi, highlight the UAE's capacity to ensure the growth of national industry and identify a number of products the country will depend on in the coming years

Muslims during Eid Al Adha traditionally buy a whole sheep to be slaughtered and distributed among friends, family, and the poor.

Mariam bint Mohammed Almheiri, UAE’s Minister of Climate Change and the Environment, has said UAE is keen to enhance efforts aimed at building sustainable food and agricultural systems in GCC. She was speaking at the 32nd Meeting of the GCC Agricultural Cooperation Committee. Almheiri commended the Committee and hoped that...

The UAE government has announced it will issue a dual-tranche US dollar benchmark size bonds with a 10-year tranche and a 30-year Formosa tranche. The 10-year tranche will be listed on London Stock Exchange (LSE) and Nasdaq Dubai, and the 30-year tranche will be listed on London Stock Exchange (LSE),...

Listed public joint stock companies have approved AED 34.4 billion ($9.36 billion) cash dividends for 2021, according to the Securities and Commodities Authority (SCA)'s Annual Report 2021. The figures released indicated that up to AED34 billion earnings were distributed in cash while AED396 million were in form of stock dividends....

Arab govts in touch with Israel have no differences with it regarding the May 4 incident, Eliav Benjamin, Israeli foreign ministry director for Middle East affairs, tells TRENDS.

UN Resident Coordinator for UAE Dr. Dena Assaf has praised the UAE’s environmentally-friendly endeavours to protect the environment and achieve sustainable development goals. The UN official hailed Abu Dhabi's decision to ban the use of single-use plastic bags from 1st June, as the first city in the Middle East. This...

UAE’s Ministry of Finance has announced that the revenues of federal authorities in the first quarter of 2022 amounted to AED11.339 billion ($3 billion) while their expenditures amounted to some AED11.354 billion during the same period. In the financial performance report of the outcomes of the implementation of the general...

The UAE Ministry of Industry and Advanced Technology (MoIAT), Emirates Development Bank (EDB), and EDGE Group, one of the world’s top 25 advanced technology groups for defence, have signed a mutual agreement to support the Group's manufacturing development. The agreement is in line with the UAE’s Fourth Industrial Revolution program,...

In spite of high inflation, residents of the GCC countries are seeking newer destinations in Europe and beyond to travel to, Trupt Shah of Musafir.com tells TRENDS.

UAE's Financial Restructuring Committee has formed a Consultative Council to provide an open discussion forum between the FRC and experts in the field of financial reorganization of defaulting companies and bankruptcy cases.

Etihad Credit Insurance (ECI) and Israel Export Insurance Corporation have entered into an agreement under which ECI will provide buyer’s credit guarantees to the funding bank for Ghana’s AED 540 million ($147 million) healthcare project. This project comprises the construction of a new general regional hospital in Tema, the largest...

Identifies $19bn worth of products that can be manufactured in UAE.

The Gulf region seems to have a better fiscal positions thanks to high oil prices and the recovery of the economies from the Covid-19 related woes.

One big factor for more HNWIs making their way to the UAE is the ongoing war in Ukraine which has triggered the biggest emigration of millionaires from Russia over the last six months, with forecast net outflows of 15,000 by the end of 2022 -- a massive 15% of its...

Putin and Arab leaders focus on boosting relations in various fields -- including technology, food security and energy -- during Saint Petersburg International Economic Forum 2022.

Dubai Customs Consultative Council held a meeting on the historic UAE-India Comprehensive Economic Partnership Agreement, expected to increase trade between the two countries by 120 percent to US$100 billion within five years.

Firms in the region are now offering better participation, levels of cooperation and communication to their staff through productive workspaces in virtual offices. TRENDS takes a look at the some of the UAE's metaverse initiatives.

Equities in the Middle East imitated the global stock markets, falling as central banks raised interest rates to fight off soaring inflation.