Abu Dhabi, UAE – ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students in artificial intelligence (AI) and advanced technology through an initiative called ‘STEM for Life: Future of AI Schools Challenge’ which held the finals today at the Abu Dhabi Energy Centre....
Bahrain VAT rate hike may boost sales of UAE retailers
Bahrain plans to double its VAT rate to 10 percent, which is likely to drive its citizens to shop in the neighboring United Arab Emirates.
Amazon extends its cloud over Middle East
Nearly two years after it set up a base in Bahrain, Amazon Web Services (AWS) has widened its footprint beyond the country and established AWS Region in the United Arab Emirates.Impossible Foods taps Bidfood UAE for local distribution
Bidfood UAE is part of the Bidcorp Group, and has officially been chosen to distribute the Impossible Burger across the UAE.
Businesses in UAE will hire more staff in next 12 months: HSBC survey
Companies in the United Arab Emirates are looking to increase their revenues by as much as 50 percent and recruit more staff in the next 12 months as the economy shows signs of rebound from the Covid pandemic.UAE, Australia discuss economic relations
UAE Minister of State Ahmed Ali Al Sayegh recently met with Australian Minister for Trade, Tourism and Investment Dan Tehan for discussions.
Fertiglobe plans IPO in Abu Dhabi
Fertiglobe is a fertilizer partnership of Adnoc and OCI.
UAE’s new data law promises privacy
The law to include features of gold-standard data protection regulations such as Europe's GDPR (General Data Protection Regulation), the UK's Data Protection Act, the DIFC's Data Protection Regulation and the ADGM's Data Protection Regulation.
UAE, Saudi Arabia lead regional innovations
The Arab countries have their own share in terms of investment in innovations with the UAE and Saudi Arabia leading from the front, a latest report has pointed out.
Central Bank of UAE penalizes six exchanges for flouting rules on money laundering
The Central Bank of the United Arab Emirates has penalized six exchange houses for flouting rules to combat money laundering and illicit financial flows.
R&D in Arab world: Challenges and successes
Raging political crises across the region have negatively impacted the economies of several countries. Consequently, spending on research has barely increased since 2014.
Cyclone Shaheen kills four in Oman; UAE, Saudi on alert
Tropical Cyclone Shaheen bore down on Oman on Sunday, killing at least three people, and authorities urged residents to evacuate coastal areas and delayed flights to and from the capital, Muscat. The UAE assured the readiness of all state agencies to monitor weather conditions and follow up on the latest...UAE deepens partnership with 14 countries to proscribe laundering of money
The United Arab Emirates Expert Group for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) has continued to hold productive meetings with key partners to discuss AML/CFT matters.
UAE-Brazil trade defies Covid pandemic gloom, posts 33 percent growth in 2021
Trade between the United Arab Emirates and Brazil has grown 33 percent in the first eight months of 2021, defying the atmosphere of gloom plaguing the global economy due to the Covid pandemic.
Creative Zone expands into Qatar
The CZ is one of the top firms in the United Arab Emirates.
Cyclone Shaheen: UAE state agencies monitoring weather conditions
According to the National Centre of Meteorology (NCM) latest forecasts, the movement of Tropical Cyclone Shaheen will continue towards the coasts of the Sultanate of Oman on Sunday , October 3, affecting some regions of the country. Some flights to Muscat airport were canceled and a child died in Oman...
Galaxy Racer eyes Pakistan market
The UAE-based Esports company has over 400 million subscribers.
UAE and India resolve to strengthen ‘deep economic ties between the two countries’
The United Arab Emirates and India have resolved to strengthen ‘the deep economic ties between the two countries,’ while noting the impact of the Covid pandemic on global trade and investment.Expo 2020 opens doors of hope for humanity
With the stunning opening of Expo 2020, the UAE has proved that it can explore the future that would open the doors of hope for humanity.E-Sports a billion-dollar industry in GCC
The Middle East has 25% of the worldwide gaming audience, followed by Latin America 13.9%, the Asia Pacific 9.2%, Western Europe 4.8%, and North America 4%.
Emirates Post launches five new services
The official postal operator of the UAE made the launches during the 2021 Seamless Middle East.
Dubai Expo ‘new city’ is here to stay for decades
Dubai has created a "new city" for Expo 2020 that will exist for decades, the head of the event said, promising most of the vast site will remain in use after the six-month world fair.
UAE Central Bank to issue commemorative Expo 2020 silver coins
DUBAI: The Central Bank of the UAE (CBUAE) has announced it will issue silver coins that feature Expo 2020’s official mascots, the second commemorative coin produced to mark this global event. The first gold and silver commemorative coins were issued on the occasion of the UAE hosting Expo 2020. The...
Digital transformation helps GCC banks prosper
Digital transformation brought about by COVID-19 has made banks more open to branchless and cashless banking enabling them to perform better in H1 2021 than they did in the same period last year.Digital currency can speed up global payments: CBUAE
The CBUAE has in a study found that central bank digital currencies can substantially improve international trade payments.EDB to push Ajman growth
The EDB-Ajman MoU is in line with the Make it in the Emirates Campaign.Infrastructure push spurs job growth in GCC
The UAE and Qatar are hosting global events like EXPO 2020 this October and FIFA World Cup in 2022 respectively and initiating infra projects worth billions of dollars.
New FTA services to ease VAT refunds for UAE homes
The new services are said to offer four different services that aim to raise the target audience’s awareness, provide them with easy access to information, and allow them to communicate directly with FTA representatives.Kuwait plans customs virtual corridor with Abu Dhabi
The customs departments of Kuwait and Abu Dhabi are planning to form a virtual corridor.UAE and WEF to hold ‘Great Directions for the Future’ dialogue in Abu Dhabi
The United Arab Emirates in partnership with the World Economic Forum will hold a two-day long gathering of thinkers to exchange ideas on ‘Great Directions for the Future’ dialogue in November.
Dubai Expo unveils its gleaming pavilions
Dubai's edition, the first in the Middle East, is expected to be the biggest event ever held in the region with estimates of 25 million visitors over its six-month lifespan.In first under Biden, US security advisor heads to Saudi Arabia
Biden, shortly after taking office in January, said the United States would slash US support for the Saudi-led offensive in Yemen that has contributed to what the United Nations calls the world's worst humanitarian crisis with more than half the population reliant on aid.Expo 2020: Cisco operating next generation IT network
The company, the Expo's 2020 official partner, is ready to greet visitors and provide them with the most up-to-date digital solutions.Abu Dhabi, Pakistan discuss boosting business ties
The chamber is ready to offer all the services required to help Pakistani businesses and entrepreneurs in Abu Dhabi.
Dubai ups housing loan limit for UAE citizens to $272,000
The ruler of Dubai, and vice president and prime minister of the United Arab Emirates, Sheikh Mohammed bin Rashid Al Maktoum has raised the housing loan limit for all the UAE citizens to $272,000.Cyber-pandemic quickened UAE digital push
Mohamed Hamad Al Kuwaiti has said the UAE is fully equipped to transition into AI for governance and economy.Shuaa Capital of UAE to hand over $2.7bn London property projects at year’s end
Shuaa Capital, the United Arab Emirates (UAE) based company, has said that it intends to fully complete and deliver the $2.7 billion worth of property projects in London through Northacre.
Sharjah, Saudi Arabia discuss real-estate investment
The discussions took place between the Sharjah Chamber of Commerce and Industry and the National Real Estate Committee of the Federation of Saudi Chambers on various ways to explore investment opportunities in the real-estate sector.UAE and Iraq discuss ways to boost parliamentary cooperation
The two sides suggested the creation of a joint parliamentary friendship committee to realize the aspirations of the two countries in several areas, help exchange expertise and knowledge and best practices to serve parliamentary diplomacy.
Special forces of UAE, Saudi Arabia, Egypt, Greece conclude military exercises
Special security forces of Saudi Arabia, the UAE, Greece and Egypt have completed joint drills in the Greek capital, Athens.
UAE’s Amanat sells stake in Saudi IMC for $118m
The United Arab Emirates-based healthcare and education investment company, Amanat Holdings, has sold its 13.13 percent of minority equity stake in the Saudi International Medical Center for $118 million.Dubai sees growth in employment opportunities as Covid-19 cases drop
As a result of fewer travel restrictions following vaccination and a decline in Covid-19 cases, Dubai has experienced a turnaround in employment and a revival in business. Businesses in Dubai’s travel and tourism industry in August saw the sharpest increases in activity and new work in over two years, according...
Transformative projects focus of new UAE cabinet
The government work 'will be led by major transformative projects and not just long-term strategic plans, says Sheikh Mohammed.UAE to punish extortion demands on web with prison sentence of up to two years
Anyone guilty of making a threat to another person on the web will get a prison sentence of up to two years in the UAE, besideS having to pay a hefty penalty too.What are the top ecommerce platforms in the GCC?
Ecommerce in the world in general and the GCC region in particular has proliferated despite the Covid-19 pandemic, or probably because of it.
UAE reviews food systems transformation at UN
The world must act, and act now, if we are to reach zero hunger by 2030, the UAE’s Minister of State for Food Security Mariam Hareb Almheiri has said at a UN summit. "The magnitude of the task that faces the global community in meeting SDG 2 — Zero Hunger...
UAE, US strengthening business cooperation
Both countries signed an MoU to strengthen cooperation in areas of digital economy, innovation, and entrepreneurship.DIC board discusses plans to boost foreign trade
Member companies of Dubai International Chamber will work towards achieving the target of boosting Dubai’s foreign trade to $544bln within the next five years.
Oman-UAE tourism sector partners hold workshop
The workshop was reportedly aimed at highlighting Oman’s participation in Expo 2020 Dubai through the encapsulation of the country’s civilization throughout history. It also saw Oman highlighting the steps it had taken to boost tourism.BitOasis to be registered in GoAML
BitOasis offers over 15 digital assets to trade against the dirham.
UAE, Egypt explore prospects of greater space cooperation
The two sides also discussed facilitating new growth partnerships between the public and private sector.
