UAE

NEWS DESK GCC Saudi Arabia

Celebrations are in the Air as the Saudi Arabia Founding Day Begins

News Editor 24/02/2023

Celebrations are in the air, and the excitement is palpable as the kingdom of Saudi Arabia begins preparations for the Saudi Arabia founding day. Under this celebration, the country has declared Wednesday, February 22, 2023, as a national holiday for workers in the public and private sectors.

Business

Ghassan Aboud Group and Halal Quality Control Group Join Forces

News Desk 23/02/2023

Dubai, UAE – February 23, 2023: UAE-headquartered international conglomerate Ghassan Aboud Group and Halal Quality Control (HQC) Group have announced the introduction of Halal certification solutions for UAE companies producing and exporting Halal goods at the world’s largest annual global food and beverage sourcing event, Gulfood. The joint venture will

Business GCC UAE

UAE and Spain explore investment exchange opportunities

News Desk 23/02/2023

Abu Dhabi, 23  February 2023: H.E. Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, held a meeting with H.E. Xiana Mendez, Secretary of State for Trade at the Spanish Ministry of Industry, Trade and Tourism to explore the strengthening of trade and economic cooperation. Emphasizing the deep historic relations shared […]

Business GCC UAE

UAE and Lithuania discuss opportunities

News Desk 23/02/2023

Abu Dhabi, 23 February 2023: H.E. Abdulla bin Touq Al Marri, Minister of Economy, held a meeting with H.E. Kęstutis Navickas, Lithuanian Minister of Agriculture, and his accompanying delegation, during which, he emphasized the strength of the bilateral relations between the UAE and Lithuania. The Minister of Economy stated that the shared interest of both […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia to Donate a Significant Amount of Humanitarian Aid in Earthquake Relief to Turkey

News Editor 23/02/2023

The Saudi Arabian government has set up an initiative called the Sahem Program to collect monetary donations to aid the rescue and recovery of earthquake victims in Turkey. This amount has coalesced to USD71 million in addition to the kingdom’s pledge of USD 100 million in relief efforts for the Earthquake. What are the Specifics of the […]

Food & Beverage

Bord Bia to Celebrate Decade of Growth in the Middle East at Gulfood 2023

Yhuan Mae 22/02/2023

Note to Editors About Bord Bia Bord Bia (Irish Food Board) is the Irish government agency that manages the promotion, trade development and marketing of the Irish food, drink, and horticulture industry. Headquartered in Dublin, Bord Bia supports the national and international ambitions of Irish food, drink and horticulture businesses through its highly focused

NEWS DESK

Andrea Kimi Antonelli Crowned ‘2023 Formula Regional Middle East Champion’ in UAE

News Desk 22/02/2023

(Abu Dhabi, United Arab Emirates): Italian racer Andrea Kimi Antonelli was crowned champion at the 2023 Giti-Powered Formula Regional Middle East Championship (FRMEC) after the final round at the Yas Marina Circuit in Abu Dhabi. Antonelli and main title rival, Taylor Barnard, battled for the lead in Race One and the spectators saw Antonelli take the […]

NEWS DESK GCC UAE

Several Thousand Volunteers from the UAE all Pitch in to Show their Support for Turkey

News Editor 22/02/2023

Thousand of volunteers from the UAE come together to aid victims of the Earthquake in Turkey and Syria. The Earthquake which hit Turkey in the town of Gaziantep on the 6th of February 2023 was a 7.8 magnitude and resulted in numerous aftershocks making it one of the deadliest earthquakes in every given year. The UAE has […]

NEWS DESK GCC UAE

Dubai-based tax expert expects exponential growth

News Desk 21/02/2023

Dubai, UAE, 21 February 2023:  The demand for tax compliance and bookkeeping services in the UAE is poised to soar with the upcoming rollout of the corporate tax law in the country this year, an industry expert said recently.    Dubai-based consultancy firm Al Dhaheri Jones and Clark (ADJC), a registered tax agent in the UAE […]

Business GCC UAE

Hitachi Energy to supply the UAE’s first charging infrastructure

News Desk 21/02/2023

Dubai, United Arab Emirates, February 21, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has won an order from Admiral Global DMCC, a Dubai regional headquartered e-mobility and energy solutions provider for industries, to supply the first charging infrastructure for electric truck fleets in the United […]

Food & Beverage

Irish Food and Drink Exports to the Middle East reports an All-Time High Valued at 1.4 BN AED

Yhuan Mae 21/02/2023

Note to Editors About Bord Bia Bord Bia (Irish Food Board) is the Irish government agency that manages the promotion, trade development and marketing of the Irish food, drink, and horticulture industry. Headquartered in Dublin, Bord Bia supports the national and international ambitions of Irish food, drink and horticulture businesses through its highly focused

NEWS DESK

Raytheon Emirates to Coproduce Coyote® Counter-UAS Interceptor

News Desk 21/02/2023

ABU DHABI, United Arab Emirates, (February 21, 2023) – Today at IDEX, Raytheon Emirates and Tawazun Council announced details of a plan to locally manufacture key elements of the Coyote Counter-UAS interceptor in the UAE with the help of several local defense industry partners. Coyote is an advanced and highly capable counter-UAS interceptor that has […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia is in an Unprecedented Partnership with Sandbox to Effect plans for a Future Metaverse.

News Editor 21/02/2023

It is official; the Kingdom of Saudi Arabia has partnered with the Sandbox to explore, advise, and support the metaverse development. This move by the Saudi Arabian government is expected as the country has recently been invested in promoting the metaverse to realize its vision for 2030. What are the Specific Details of the Relationship […]

Business

Al Zorah – 2 Billion Dirhams Projects Construction Updates

Middle East News 247 20/02/2023

Ajman, United Arab Emirates — Al Zorah Development Company, a joint venture between the Government of Ajman and Solidere International and the leading holistic real estate master developer of Al Zorah area in the Emirate of Ajman, provides a construction progress report on its current ongoing projects. The year 2022 was an exceptional one for […]

NEWS DESK GCC Saudi Arabia

Saudi Arabia Continues to Hold its Hand in the Production of Oil as it Sounds a Cautionary Note

News Editor 18/02/2023

Prince Abdulaziz bin Salaman, the Saudi Arabi minister of Energy, recently declared that the Kingdom would continue to stay its hand in oil production amidst increasing global demands. This move is in response to the predicted hike in the price of oil and the impact it may have on the liquidity of oil markets and […]

NEWS DESK

The United Arab Emirate is to Embark on a New Process for Visa Change for Visitors in the Country

News Editor 17/02/2023

The Federal Authority for Identity, Nationality, Customs and Ports Security in the United Arab Emirates recently announced that it had initiated an intelligent service system that allows visitors within the country to extend the duration of their visas for 60 days upon expiration. Indeed, this initiative is a welcome change in the country as it […]

NEWS DESK GCC UAE

GulfDrug showcases its latest innovations in UAE

News Desk 17/02/2023

Dubai, United Arab Emirates 17 February 2023: UAE’s leading pharmaceutical distributor, GulfDrug continues its tradition of presenting its latest innovations in United Arab Emirates during Arab Health 2023 – the Middle East’s largest healthcare platform. Arab Health allowes GulfDrug’s customers and suppliers to meet and learn first-hand about the emerging

Business

Montfort and the Private Office of Sheikh Ahmed Dalmook Al Maktoum

News Desk 16/02/2023

16 February 2023: Montfort Group and the Private Office of Sheikh Ahmed Dalmook Al Maktoum (the Private Office) have agreed to jointly acquire Uniper’s United Arab Emirates-based crude oil processing and marine fuel trading business (Uniper Energy DMCC). The parties agreed to not disclose the agreed purchase price, and the acquisition is expected to be […]

Business GCC UAE

UAE and Romania to support investment exchanges

News Desk 16/02/2023

Abu Dhabi, 16 February 2023: H.E. Abdullah Bin Touq Al Marri, Minister of Economy, and Mircea Abrudean, Head of the Chancellery of the Romanian Prime Minister, held a meeting to explore trade and economic cooperation between the two countries in priority sectors, mainly investments. The meeting took place on the sidelines of the World Government […]

NEWS DESK GCC Saudi Arabia

The Public Investment Fund is Set to Place Saudi Arabia on a Path to Increased Growth

News Editor 16/02/2023

Saudi Arabia is to attract local and international opportunities with the inception of the Public Investment Fund. The fund is to promote economic diversification in the country through strategic international and domestic investment. Undoubtedly, the fund will set Saudi Arabia on an increased pace to a significant positive growth curve. Why the Public Investment