New UAE decree boosts safety of construction workers
The decree details the responsibilities of both employees and employers to ensure work stability and increase productivity in the workplace.GCC eyes floating hotels, eateries to buoy tourism
Floating restaurants and hotels could be a significant supporting player as the GCC region aspires to increase its footprint as a global tourism hub.UAE and India sign ‘milestone’ pact to boost economies
Abu Dhabi Crown Prince Mohammed bin Zayed Al-Nahyan, and India's Prime Minister Narendra Modi held a virtual summit to witness the signing of the Comprehensive Economic Partnership Agreement, among other pacts.Governors of UAE and Turkey central banks to collaborate in banking sectors
The meeting was held on the sidelines of the official visit of Turkish President to the UAE.Bullfighting in UAE village: No rules, less fatal
Unlike the bullfights popular in Spain and Mexico, where the animals are typically slain by matadors, in Fujairah two beasts go head-to-head with far less fatal consequences.BHM posts 125 percent rise in profit
The company nearly doubled its brokerage revenues in 2021.UAE Cabinet okays trading cooperative shares on financial markets
The move is said to be conducive to strengthening the regulatory environment of the cooperatives sector and driving their economic returns.Plastic surgery enhances face of UAE medical tourism
The industry, stabilized significantly with experienced surgeons and the availability of good facilities, woo a sizable number of foreign clients to UAE during the pandemic.G42 Cloud and Serbia to develop cloud computing solutions
G42 Cloud, a subsidiary of G42, the UAE-based AI and cloud computing company, and Serbia signed a Memorandum of Understanding (MoU) to develop AI and cloud computing solutions in the fields of healthcare and finance.UAE Food and Beverages from Latin America reached $1.9 bn in 2020
The UAE’s food and beverage imports from Latin America reached $1.9 billion in 2020 as the Gulf country expanded its efforts to enhance food security, a new analysis from the Dubai Chamber of Commerce has revealed. The findings, released on the sidelines of Gulfood 2022, will be discussed in further...UAE to promote innovation in home businesses
This was discussed at panel discussion about "Innovation in Home Businesses" which was organised by the Ministry of the "UAE Innovates-February 2022" and Innovation Week in Expo 2020 Dubai.UAE industrial exports surge to $32.6bn in 2021: Ministry of Industry
According to the 2021 annual report released by the Ministry of Industry and Advanced Technology, the rise in exports coincided with a major surge in factories commencing production in 2021, with 220 new facilities going into service.UAE, Philippines ink deal to bolster trade ties
The UAE is already the Philippines’ biggest export partner in the Middle East.UAE’s Dragon Oil announces first oil find in Egypt’s Gulf of Suez
The discovery is one of the largest in the area in the past 20 years, and the field could contain around 100 million barrels in reserves.Trade between Brazil and Arab countries grew by 44 percent in 2021
Trade between Brazil and Arab countries grew by 44 percent during 2021, with food exports alone reaching an estimating $14 billion, its highest since 2012, said Tamer Mansour, CEO of the Arab Brazilian Chamber of Commerce. This comes as Arab countries, especially in the Gulf region, are combating the pandemic...Erdogan invites UAE business leaders to invest in Turkey
Turkish President Recep Tayyip Erdogan called on business leaders in the wealthy United Arab Emirates Tuesday to invest in his country, which is in the grips of an economic crisis.UAE F&B trade hit $20bn in first 9 months of 2021: Dubai Chamber
The rise was said to have been supported by growing demand and expanded efforts to enhance food security and diversify food imports.UAE launches Nationals Development Pathway for food security
The UAE Food & Beverage Business Group enables the active participation of professionals, Emiratis and SMEs to support the food sector.UAE, Turkey sign 13 agreements, MoUs in key areas
The signing of cooperation agreements and MoUs ‘mark the beginning of a new era in relations’ between the two countries as Erdogan visits UAE after nearly a decade.YGS awarded $247m mandate
The company will provide enhanced managed services to the UAE government.Erdogan arrives in UAE after a decade to revive bilateral relations
Turkish President Recep Tayyip Erdogan reached Abu Dhabi on Monday for his first visit to the UAE in nearly a decade. To greet Erdogan on his trip, which will take him to the Expo 2020 Dubai world fair , the UAE was lighting up Burj Khalifa, in the colors of...US discusses transfer deal with Afghans in UAE
US officials in the United Arab Emirates met with Afghans after a protest in Abu Dhabi this week and discussed their "potential" transfer to the United States, an embassy statement said.Turkish president Recep Erdogan’s visit reflects growing relations: UAE
Erdogan's visit on Monday will be marked by a visual display on the Burj Khalifa façade, lighting up several landmarks and iconic buildings in the colors of the UAE and Turkey flags, and displaying celebratory messages on electronic panels.2021 edition of World’s Coolest Winter raises UAE hotel revenues by 50 percent
UAE government's World's Coolest Winter campaign, which was launched in December 2021, has raised revenues of hotel establishments to AED1.5 billion ($408 million), compared to AED1 billion in its first edition in 2021, marking an increase of 50 percent. An official statement said the campaign promoted tourism, natural sites and...UAE indices witness a great week
The Saudi Stock Exchange’s main index TASI started and ended the week with a 0.5 percent rise despite the fluctuation.Gulf insurance set to cross $31bn mark by 2026
The market is expected to grow at an annualized growth rate of 3.2 percent, from $26.5 billion in 2021 to $31.1 billion in 2026. Along with the lifting of Covid-19 restrictions, digitization activities by insurers in the region will boost the expansion plan of the insurance business.UAE and Israel agree to boost tourism sector ties, plan events
The UAE and Israel signed a Memorandum of Understanding (MoU) to strengthen their tourism and economic cooperation and reinforce their bilateral ties. The MoU was signed by Dr. Ahmed Belhoul Al Falasi, Minister of State of Entrepreneurship and SMEs and Chairman of the Emirates Tourism Council, and Yoel Razvozov, Israeli...Israel, UAE invite joint research proposals from varsities, research institutes
The UAE and Israel are inviting universities and research institutes in both countries to submit joint research proposals based on data collected from an Israeli Vegetation and Environment Monitoring New Micro Satellite, which monitors the environment and vegetation on earth. The UAE Space Agency, Israeli Ministry of Innovation, Science and...IEA warns of ‘chronic’ OPEC+ failure to meet 2022 oil demand
The 13 members of the Saudi-led Organization of the Petroleum Exporting Countries (OPEC) and their 10 allies, including Russia, had cut production sharply in 2020 as prices collapsed after the Covid pandemic emerged.ADQ to launch digital bank, after CBUAE grants approval
A new digital bank backed by ADQ, an Abu Dhabi-based investment and holding company, will soon begin operations, after the Central Bank of the UAE gave the approval.UAE ranks 1st in Global Entrepreneurship Index 2022
The Global Entrepreneurship Monitor (GEM) has ranked the UAE 1st globally in its Global Entrepreneurship Index 2022, which was unveiled this week.The UAE climbed three spots from its 4th global ranking in last year's report to accomplish this feat, outperforming other leading global economies studied by the report. The UAE...What’s driving EV uptake in MENA?
Experts help TRENDS see the road that lies ahead for electric vehicles in the region, and its one of hope: for both business and the environment!UAE and Spain to collaborate in 4IR, industry, aerospace
The UAE’s Ministry of Industry and Advanced Technology (MoIAT) and Spain’s Ministry of Industry, Trade and Tourism (MITT) signed a Memorandum of Understanding (MoU) to boost cooperation in the field of industry and advanced technology across multiple sectors. The MoU aims to establish a framework that will facilitate and enhance...12 injured in foiled Houthi drone attack on Saudi Arabian airport
Fragments fell to the ground after the interception of the drone over Abha International Airport, which has previously been targeted in similar assaults by the Houthi rebels. The injured included citizens of Bangladesh, India, Nepal, the Philippines and Sri Lanka as well as two Saudis.Mosul’s fallen monuments to rise again
The reconstruction of Al-Hadba minaret and Al-Saa’a and Al-Tahera Churches in the city is being carried out by UNESCO in cooperation with the UAE.UAE to lift Covid curbs on activities, events slowly
This was revealed during the media briefing on the coronavirus pandemic by Dr. Saif Al Dhaheri and Dr. Farida Al Hosani, official spokespersons for NCEMA and health sector respectively.Growing cyber threat demands a united response
A 2021 report by McAfee estimates the monetary loss from cybercrime globally to be approximately $945 billion. When you add to this the global cost of cybersecurity products, the world is facing an annual loss in excess of $1 trillion, he adds.EGA to build an aluminum recycling facility in UAE
Emirates Global Aluminum is looking to set up an aluminum recycling facility with a capacity to churn out 150,000 tonnes per year.UAE climbs to 3rd globally in Agility Emerging Markets Logistics Index
The UAE is the most competitive emerging market in GCC and the third most competitive on a global scale after China and India, according to the annual Agility Emerging Markets Logistics Index. The UAE led all 50 countries in the Index in creating the best business conditions and in the...UAE to train 10,000 female students in various fields
The UAE has launched the "building future talents" to build 10,000 UAE public school female students’ skills in the fields of science, technology, engineering and mathematics (STEM).Cooper Fitch forecasts strong GCC hiring activity to continue in 2022
The Gulf Cooperation Council region witnessed a 40 percent rise in job creation in the last quarter of 2021 compared to the corresponding period of 2020, and hiring activity will continue to strengthen in 2022, said recruitment specialist Cooper Fitch. Job creation across the region was driven primarily by a...UAE and Belgium look to boost security ties
The UAE and Belgium have signed a memorandum of understanding (MoU) in order to strengthen cooperation in the fields of security and combating crime.US to help UAE stop drone attacks
This comes amid recent attacks on the UAE by Houthi rebels from Yemen, which have prompted global condemnation.UAE delegation makes first visit to Israel’s parliament
Three members of the United Arab Emirates' Federal National Council visited Israel's parliament Monday, becoming the first Emirati delegation there since the US-brokered normalization of ties in 2020.UAE and France aim to team up to meet energy challenges
The UAE and France held discussions on energy challenges and opportunities for collaboration in order to maximize energy system efficiency and the deployment of low carbon technologies to support their net zero by 2050 ambitions.Dubai Supreme Council of Energy approves 2030 carbon strategy
The approval came at a meeting chaired by the council’s chairman Sheikh Ahmed bin Saeed Al Maktoum.UAE cooperation could help Rwanda launch own satellites: Minister
Rwanda is keen to have the UAE’s cooperation to utilize geospatial data in developmental projects in key sectors.Data cover: GCC sees rise in cyber insurance demand
Compared to Europe and US, cyber insurance is a profitable proposition for GCC firms due to amenable market factors such as low litigation environment.Saudi, UAE indices fluctuate through the week
From oil prices to company stocks buoyed by positive results, several factors resulted in changes in key benchmark indices.GCC leaders witness KSA’s debut in Winter Olympics
Key regional leaders were present as Saudi Arabia on Friday made its first appearance at the Winter Olympics after alpine skier Fayik Abdi qualified to compete in Beijing 2022.



















































