Fresh from launching the Middle East’s first-ever Hybrid Work Lab, Al Zubair Group, the UAE-headquartered collaborative and certified business communications solutions specialist, is already looking forward to rolling out its pioneering new facility concept to other regions. This comes about as
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UAE Explores Economic Opportunities in the Caribbean: Metadata: The UAE recently deepened its interest in economic opportunities. In accordance with this drive, the country has announced that it intends to explore the Caribbean’s economic opportunities. This article gives details on this move. Keywords: The Carribbean, Investment, Economic Opportunities The UAE has
Saudi Arabia Signs Energy Agreements With Egypt: Saudi Arabia recently announced that it signed an MoU detailing an energy agreement with Egypt. Both countries signed the agreement during this year’s edition of COP 27, the UN Climate Change Conference and the Green Middle East Initiative Summit. Both events were held at Sharm el-Sheikh, although it […]
Saudi Arabia Signs Deals Worth $30 Billion With South Korea: Saudi Arabia has signed investment deals worth about $30 billion with South Korean companies. The announcement was made by Saudi Arabia’s Minister of Investment, Khalid Al-Falih. Under the numerous deals signed with South Korea, companies like Samsung C&T Corp and POSCO Holdings signed about twenty […]
UAE’s Schools Operator Announces IPO Launch: Taleem Holdings PJSC, one of the largest school operators in the UAE, has announces its IPO launch (Initial Public Offering). Upon its launch, Taleem became the only dedicated education provider listed on the Dubai Financial Market (DFM). Taleem Holdings, which was formerly regarded as Beacon Education, is a UAE-focused […]
UAE Scraps VAT for Board Members: The UAE’s Ministry of Finance has scrapped VAT payments for board members who render services. Younis Haji Al Khoori, the Ministry’s undersecretary, made the announcement. According to Al Khoori, the cabinet decision will officially come into effect by January 1st, 2023. The recent decision covers all members of a […]
Sudan is Set to Receive a $3 Billion Investment from Saudi Arabia to ensure stability in the country
Saudi Arabia has decided to put into practice the natural law of loving one’s neighbour as the country has agreed to issue a $3 billion humanitarian aid investment in its Gulf counterpart Sudan. The government has deemed it fit to assist Sudan as the latter navigates the current political turmoil within its territory. What has Spurred the […]
The United Arab Emirates has decided to levy companies in the private sector that have consistently refused to increase their Emiratization rates by 2%. The $1,633 fine implemented by the country is to maintain a form of equilibrium in the labour market while watching out for the interest of the companies in the private sector. […]
The UAE is to Provide Humanitarian Relief to Flood Victims in Nigeria : The United Arab Emirates has directed a plane carrying humanitarian supplies to Abuja, the capital of Nigeria, to mitigate the effect of the flood that has plagued the country recently. The supplies primarily consisted of food relief for those stranded or incapacitated […]
UAE in Talks with Vietnam for Commercial Cooperation : Hanoi, the capital city of Vietnam, recently announced its intention to expand its commercial ties with the UAE. Nguyen Van Phong, the Deputy Secretary of the Hanoi Party Committee, made this statement. He reiterated Hanoi’s desire for commercial cooperation with Dubai authorities when he was on […]
UAE in Talks with Cambodia for Free Trade Agreement : The United Arab Emirates (UAE) has officially kick-started talks with Cambodia to establish a Comprehensive Economic Partnership Agreement (CEPA). Talks on the agreement were initially initiated in a meeting earlier this year. During the meeting, Pan Sorasak, Cambodia’s Minister of Commerce, and Dr. Thani bin […]
The Emirates Central Cooling Systems Corporation (Empower) has announced its plans to launch an Initial Public Offering (IPO). Empower is a Dubai state-owned entity responsible for providing district cooling services across the Emirate. Late last year, Empower announced that its primary shareholders, Dubai Electricity and Water Authority (DEWA) and Emirates Power
Saudi Arabia Records 16.6% Increase in Non-Oil Exports: Saudi Arabia recorded a 16.6% increase in its non-oil exports for August. The numbers were recently released, with total non-oil revenue peaking at over $7 billion. This is coming after Saudi Arabia recorded a 31% increase in its non-oil exports in the second quarter of this year. […]
Bahrain Signs Ground-breaking Agricultural Agreement with Israel : Over the past year, Bahrain has successfully turned global attention to its territory. The Middle Eastern country attracted an FDI of $921 million in the first nine months of this year and recorded a whopping $88 million revenue surplus in the first half of this year. Bahrain […]
The UAE has Successfully Delivered the First Green Hydrogen to Germany: In the spirit of breaking records and setting the pace, the UAE has officially supplied the first hydrogen-concentrated ammonia to Germany. The substance is a low-carbon ammonia fuel renowned for its low flammability and is a potentially carbon-free source of energy and power. Both countries view […]
Saudi Arabia is Set to Allocate $266 Million to Supply Chain Investors: The Kingdom of Saudi Arabia has made another significant move to up its economic game by introducing the Supply Chain Initiative. This move aims to place the country on a new level of financial and commercial development, reinforcing its place as one of […]
Faisal Bin Farhan, Saudi Arabia’s Minister of Foreign Affairs, is Set to Represent the Country at the Arab League Summit: The Minister of Saudi Arabia’s Foreign Affairs, Faisal bin Farhan, is set to represent the country at the Arab League Summit. He will act in the place of the Kingdom’s crown prince, Mohammed bin Salman. […]
Saudi Arabia Begins Extensive Work on its Vertical City – The Line Saudi Arabia has topped its efforts to birth a sustainable planet Earth by beginning the construction of its vertical city – the Line. The city is one of the many projects the kingdom has initiated in its climate action endeavours to achieve its […]
The UAE recently declared a cancellation of all business license fines where such licenses have been delayed or terminated. Small and Middle Enterprises can now rest assured that upon late renewal or expiration of their business licenses, they will not have to pay a fee for their oversight. The same applies to companies within the […]
The United Arab Emirates has expressed complete displeasure about the acting head of mission of the European Union, Joseph Borrell, statements. The country considered the message to be racist, discriminatory, and inappropriate. The UAE has summoned Joseph Borrell for an explanation of his comments. What are the Details of Joseph Borrell’s Remarks The European Union
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Dubai, AE
1:46 pm,
January 13, 2025
23°C
light rain
