Pyypl, Ripple launch on-demand liquidity service in Middle East
ODL uses XRP for instant, low-cost cross-border payments.Sharjah Sustainable City builds on green concept
The project, which covers 7.2 million square feet of land in Al Rahmaniyah area, builds on the concept of future cities and urban planning, says SSC CEO Yousif Ahmed Al-MutawaIsrael holds largest-ever air force drill with UAE visit
Amir Lazar, chief of Israeli air force operations, told reporters the drills "don't focus on Iran", but army officials have said the Islamic republic remains Israel's top strategic threat and at the centre of much of its military planning.Ministry of Economy and LinkedIn sign MoU to promote UAE as talent destination
The UAE's Ministry of Economy has signed an agreement with LinkedIn for developing a framework for skills-based talent besides identifying, attracting and retaining talent in the Emirates. This agreement is geared towards UAE Strategy for Talent Attraction and Retention in three areas--developing a comprehensive introductory framework for talent based on...UAE, Israel to recognize each other’s vaccine certificates
The competent authorities in the two countries will be able to develop specific procedures ensuring the unrestricted movement of vaccinated individuals. This is apparently part of the efforts made by the two countries’ governments to facilitate the safe movement of travelers under the Covid-19 pandemic.UAE banking industry in recovery mode: UBF Chief
Al Ghurair said that the strong Q2 financial results of the UAE banks was an indication that the banking industry is back on the growth path following the decline in Covid-19 pandemicKhamenei urges reversal of Arab-Israeli normalization
The United Arab Emirates, Bahrain, Sudan and Morocco all agreed to normalize ties with Israel in 2020, as Washington under the administration of then US President Donald Trump made Arab-Israeli rapprochement a foreign policy priority.UAE prosecutors launch probe into Union Properties
The UAE prosecutors have begun an investigation into Union Properties, the Dubai-based real estate developer, after allegations arose of the company selling property at less than its real value.VPS behind T20 bio-bubble
There will be over 2,200 people in the bio-bubble this time.UAE minister says global energy transition to take time
The United Arab Emirates’ minister of state, Sultan Al-Jaber, said that the world needs to accept that global energy transition will take time.UAE to chair 6th Annual Asian Infrastructure Investment Bank meeting
The Meeting will focus on a number of key themes, including investing in the infrastructure for tomorrow such as cross-border connectivity, green financing, resilient healthcare infrastructure and the role of global multilateral institutions in contributing to supporting projects based on ESG principles.UAE detains journalist after comments hacked and posted online
The United Arab Emirates said Friday it had detained a journalist after comments they made off the air ahead of a televised international football match were hacked and posted online. The incident occurred shortly before the state-run Abu Dhabi Sports channel's live broadcast of the UAE-Iraq World Cup qualifying match...Saudi index reaches new highs on oil price rise
The oil price rise is expected to raise the economic growth of Saudi Arabia and the UAE. The kingdom is expected to grow by 5.1 percent next year.Abu Dhabi launches virtual license for non-resident foreign investors
Non-resident foreign investors can obtain a virtual license for doing business in Abu Dhabi from any location outside the UAE and without having to meet residence procedures. The Abu Dhabi Department of Economic Development (ADDED) made this announcement at the 41st session of the GITEX Global (Dubai 2021). Mohamed Ali...Etisalat Group and G42 partner to merge Khazna data centers
Etisalat Group and G42 have joined hands to merge their data centers, creating the UAE's largest data center provider. A total of 12 data centers will be merged under the joint venture operating under Khazna Data Centres. G42 and Etisalat Group will each own 60 percent and 40 percent of...UAE to ease Covid curbs, allow bigger home gatherings
Owing to the decline in the transmission of coronavirus in the country, the United Arab Emirates has decided to relax the restrictions and permit citizens to take part in weddings and gatherings at home.S&P says lackluster tourism to keep Dubai economy down
Although Dubai is set for a ‘modest’ recovery this year on the back of a high vaccination rate in the UAE and fewer Covid restrictions, but a slower rebound in international tourism could be a drag on the economy until the end of 2022.UAE, Iraq agree to promote and protect investments
The agreement is part of the UAE’s endeavors to strengthen and activate means of economic and investment cooperation globally.Gulf Islamic Investment of UAE to invest $500m in India
Gulf Islamic Investment of UAE will invest $500 million in India over the next three years as it takes steps to set up an office in Bangalore.Fintech Galaxy raises $2m in seed funding
The funds will be used to develop and rollout Open Finance platform.UAE, Bahrain, Qatar among top 10 expat destinations in the world
Overall, the Middle East, North Africa and Turkey (MENAT) was the highest-ranking region for the quality of life, with 71 percent of expats recommending it, according to a survey commissioned by HSBC Bank. More than 20,000 expats in 46 countries were questioned for the survey.UAE makes up 88% of GCC investment in Sub-Sahara Africa
Over 3,000 government officials, business leaders and industry experts representing 91 countries took part in the 6th Global Business Forum (GBF) Africa in Dubai, conducted by the Economist Intelligence Unit, which featured two days of thought-provoking sessions highlighting business opportunities emerging across the continent.Tunisia in bailout talks with Saudi Arabia, UAE: Central banker
The birthplace of the Arab Spring uprisings, Tunisia has faced years of economic woes exacerbated by the coronavirus pandemic, with 18 percent unemployment and debt verging on 100 percent of gross domestic product.Symbol of rebirth at Iraq’s historic Al-Nuri mosque
The historic mosque is being built under UNESCO's "Revive the Spirit of Mosul" initiative for rehabilitating Iraq's second city. UAE has pledged half of the $100 million for the project.Jafza and Al Masraf to help SMEs simplify financial processes
DP World said the agreement with Al Masraf strengthens its commitment to facilitate business activities of more than 8700 clients operating under the free zone.Ministry of industry briefs 11 French startups about UAE business scene
As many as 11 French startups in the technology, infrastructure and services were briefed about the UAE's business environment by the Ministry of Industry and Advanced Technology (MoIAT). The event was the ministry's latest initiative designed to promote partnerships between the UAE and foreign businesses operating in the advanced technology...Nobel Prize eludes the Arab world
Egypt and Algeria have the largest number of Nobel winners in the Arab world, while Saudi Arabia, Qatar and the UAE are yet to produce one.ADNOC Distribution opens two stations in Sharjah
The openings support the company’s commitment to delivering on its promise to provide greater fuel retailer convenience to customers and neighborhoods.Response Plus Holding of UAE posts net profit of $10.9m
Response Plus Holding, the UAE healthcare investment and management firm, has posted a net profit of $10.9 million during the first nine months of the year.Robotics set to alter job markets in Gulf region
There will be ample job opportunities in artificial intelligence, robotics, automation, advanced manufacturing, virtual reality, augmented reality and big data analytics.UAE calls for joint international effort to achieve zero poverty
The UAE maintains a firm belief that the international community must work together to honor shared commitments towards achieving zero poverty.Samsung AI course for UAE youth
The students will learn data science, probability, statistics, linear algebra, pythonSaudi and UAE stock markets rebound
The Saudi and UAE bourses saw quite some ups and downs in the week that began on Sunday, October 10.Brazil’s Paraná emulates UAE to be a logistics hub: Governor
In an exclusive interview with WAM in Abu Dhabi, Carlos Roberto Massa Ratinho Junior said the economic relations between his state and the UAE are on an upswingUAE wins membership on UN Human Rights Council
The UAE has won membership on the UN Human Rights Council for the 2022-2024 term after obtaining 180 votes from countries of the Asia-Pacific group.CBD and Infinios announce pact
Both will work to support the growing fintech market in UAE.UAE discusses trade partnership with South Korea
The UAE and South Korea have discussed the prospect of pursuing a Comprehensive Economic Partnership Agreement to strengthen economic ties, enhance investment opportunities, and firm up bilateral cooperation between the two countries.UAE’s non-oil foreign trade up 27% to AED900 bn in H1 2021
According to preliminary data released by the Ministry of Economy, the value of non-oil exports alone amounted to AED170 billion during this period, posting a growth of 44 percent compared to H1 2020 and 41 percent more than that of the same period in 2019.Digital upskilling key to MENA economic revival
About 70% CEOs in the Middle East believe that lack of digital skills is a threat to their businesses, a PwC survey has pointed out.US rules out normalizing relations with Syria’s Assad
Meeting with his Israeli and UAE counterparts, Blinken said that President Joe Biden's administration's policy on Syria was largely focused on humanitarian relief.UAE economy to grow at 2.1% this year, 4.2% in 2022: IIF
The Institute of International Finance (IIF) said that the UAE economy is rebounding from its deepest downturn in decades as oil prices recover and the country’s accelerated vaccination policy has allowed a broad-based reopening of sectors.CBUAE, ADGM to cooperate in FinTech sector
CBUAE and ADGM will collaborate on the development and growth of the FinTech ecosystem in the UAE.FAB joins Net-Zero Banking Alliance
FAB is the first bank in the UAE and GCC to join the NZBA.Bank deposits up 0.7% to $525.17bn by August-end: CBUAE
The deposits rose to AED1,928.7 billion at the end of August from AED1,915.1 billion at the end of July.UAE approves budget of AED 290bn to 2026
The cabinet also approved the 2022 budget, which calls for spending of AED 58.931 billion ($16.05 billion).Expo 2020: Accenture enables ideal visitor interface
Accenture created integrated intelligent systems for Expo teams, nations, vendors and supplier, says Angelo Lorusso, the company's MD and Client Account Lead for Expo 2020.Arab youth name UAE country of choice for the tenth consecutive year
For the tenth consecutive year, Arab youth have said the UAE is the country they would like to live in the most and the one they would like their own countries to emulate, according to a survey. The 13th Annual ASDA’A BCW Arab Youth Survey, conducted this year by global...Kushner, Ivanka Trump in Jerusalem for Abraham Accords initiative
Jared Kushner, a former White House adviser married to Ivanka Trump, was a major architect of the deals between Israel and the United Arab Emirates, Bahrain, Sudan and Morocco.Qatar, Saudi Arabia lead GCC in education spend
Qatar and Saudi Arabia lead the GCC countries when it comes to spending on education.Air traffic in UAE leaps up 24.5% in September as thousands flock to Expo 2020
The General Civil Aviation Authority (GCAA) has announced that the average aviation activity in the country rose from 1,238 flights at the end of 2020 to 1,538 flights in September 2021, an increase of some 24.5 percent.


















































