UAE

NEWS DESK

General Consulate of Mauritius to Celebrate Independence Day

News Desk 2 15/03/2023

General Consulate of the Republic of Mauritius in the United Arab Emirates is set to celebrate the 55th Anniversary of the Independence of Mauritius and 31st Anniversary of the accession of Mauritius to the status of Republic at a soiree and an evening of festivities that

Business GCC UAE

UAE Metallurgy and Foundry Industry poised to grow by over 3 per cent

News Desk 2 14/03/2023

Dubai, March 14, 2023: In the backdrop of the accelerated energy transition to achieve the Net Zero goal by 2050 as well as the exponential growth in infrastructure development and construction activities in the UAE, the minerals and metals industry is estimated to grow at a rate of over 3 per cent, touching an estimated […]

Business GCC UAE

UAE Industry Approaches to Delivering ESG Innovation

News Desk 2 14/03/2023

Dubai, UAE; 14 March 2023: The Dubai Sustainable Finance Working Group (DSFWG), established in 2019 by Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, and Dubai Financial Market (DFM), the leading financial market across the region, has published three new reports that aim […]

Business

Minister of Economy invites German companies

News Desk 2 14/03/2023

 H.E. Abdullah bin Touq Al Marri, UAE Minister of Economy, met with a trade and industry delegation from Germany recently, during his visit to the country to explore the strengthening of cooperation between Abu Dhabi and Berlin. The German delegation consisted of H.E. Dr. Mark Speich, State Secretary for Federal, European and International Affairs and […]

NEWS DESK

H.E. Bin Touq attends CII Partnership Summit 2023

News Desk 2 14/03/2023

H.E. Abdullah bin Touq Al Marri, UAE Minister of Economy, participated in the CII Partnership Summit 2023, which was held in New Delhi, India, from 13 to 15 March under the theme ‘Partnerships for Responsible, Accelerated, Innovative, Sustainable and Equitable Businesses.’ The Summit’s aim was to facilitate exchange of visions and ideas that can support […]

NEWS DESK

Role of MBRF in promoting reading and spreading knowledge

News Desk 2 13/03/2023

Dubai, UAE, 13 March 2023- The UAE places great emphasis on reading as one of the chief contributing factors to social development. To further enhance and cultivate a culture of reading in the country, the UAE launched the ‘National Strategy for Reading’ with the aim of producing a knowledgeable generation capable of advancing the developmental […]

NEWS DESK GCC UAE

UAE Astronaut Sultan AlNeyadi To Spend Six Months On The ISS: What You Need To Know

News Editor 12/03/2023 0

Sultan AlNeyadi, an astronaut from the UAE, will be the first Arab to go on a long-term space mission. He will spend six months with other crew members on the International Space Station, a laboratory in orbit 400 kilometres above Earth. As the new target date for SpaceX Crew-6 Dragon Endeavour’s launch on a Falcon 9 rocket […]

NEWS DESK GCC Saudi Arabia

Biban, The Largest Entrepreneurship Conference In Saudi Arabia, Will Offer $2.7 Million In Prizes At Biban 2023

News Editor 11/03/2023 0

More than $2.7 million will be awarded in a dozen new competitions and “hackathons” at Biban 2023. Biban is Saudi Arabia’s largest entrepreneurship forum, created to inspire businesses to showcase their entrepreneurial ventures. The Biban 2023 event will be held at the Riyadh Front Exhibition & Convention Center from March 9 to March 13. It intends to

NEWS DESK GCC UAE

McLaren Artura captivates UAE car enthusiasts

News Desk 2 10/03/2023

The McLaren Artura has passed a big test with flying colours at Dubai Autodrome, with customers hailing the petrol-electric hybrid as a supercar made to measure for the UAE, ahead of first deliveries later this month. McLaren Dubai say its first clients to test drive the Artura believe it ticks more boxes than any of […]

NEWS DESK GCC Saudi Arabia

Humanitarian Forum In Riyadh Promotes Innovation, AI Usage In Disaster Response

News Editor 09/03/2023 0

At the heart of the Riyadh International Humanitarian Forum was the need to reduce funding gaps in humanitarian aid and use science and innovation for quicker response and coordination. This third forum was put together by the United Nations and its humanitarian groups with help from the King Salman Center for Relief and Humanitarian Aid. The event took […]

Tech

JUMEIRAH GROUP PIONEERS INDUSTRY-FIRST MOBILE CHECK-IN SOLUTION

News Desk 2 09/03/2023

Dubai, UAE, 09 March 2023: Jumeirah Group, the global luxury hospitality company and member of Dubai Holding, in partnership with Dubai Department of Economy and Tourism (DET), introduces Jumeirah Mobile Check-In, an industry-first biometric and digital technology solution. The avantgarde solution empowers guests to complete all check-in formalities prior to arrival

Business

Best’s Market Segment Outlook: AM Best Maintains Stable Outlook on Gulf Cooperation Council Insurance Markets

Middle East News 247 09/03/2023

LONDON — AM Best is maintaining its stable market segment outlook for the insurance markets of the Gulf Cooperation Council (GCC) – comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The maintenance of the stable outlook reflects the GCC insurance market’s solid footing entering 2023; however, the weight of headwinds facing […]

NEWS DESK GCC UAE

UAE & Ukraine review progress of CEPA negotiations

News Desk 2 09/03/2023

H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, held a meeting with Yulia Svyrydenko, First Deputy Prime Minister and Minister of Economic Development, Trade and Agriculture of Ukraine; and Taras Kachka, Ukraine’s Deputy Minister of Economic Development, to discuss the latest developments with regard to the establishment of a Comprehensive […]

Business GCC UAE

Best’s Market Segment Report: Intense Price Competition Erodes Profitability of United Arab Emirates-listed Insurers in 2022

Middle East News 247 09/03/2023

LONDON — The insurance market in the United Arab Emirates reported a marked deterioration in underwriting profitability in 2022. In AM Best’s opinion, this largely reflects the highly competitive market conditions and continuous pricing pressures, particularly in the core motor and medical lines, which account for a large proportion of retained risk in the market. A

NEWS DESK GCC Saudi Arabia

Najran, Saudi Arabia, Restores And Preserves Old Mud Homes And Palaces

News Editor 08/03/2023 0

In an endeavour to safeguard its cultural heritage, the city of Najran is currently working to restore the mud dwellings, castles, and palaces in 33 of its old villages in the hopes of turning them into a future rural tourism attraction. Locals and owners of historic homes have taken the lead on restoration efforts as a patriotic […]

Business

ABCC promotes delegation of Brazilian startup executives

News Desk 2 06/03/2023

UAE, March 06, 2023- The Arab Brazilian Chamber of Commerce promoted a delegation of executives from seven Brazilian startups in the UAE recently. The delegation’s visit aimed at exploring various avenues to deploy their solutions in the Arab market. During the visit, the executives took part in a number of training sessions and visits to […]

Business GCC UAE

Sunreef Yachts chooses UAE for Global Expansion Plans

News Desk 2 06/03/2023

Ras Al Khaimah, United Arab Emirates: Sunreef Yachts Middle East has entered into cooperation with RAK Maritime City for the development of a new facility in Ras Al Khaimah. The signature ceremony was in the presence of Sheikhs, dignitaries and industry professionals. This initiative is an exciting opportunity for both parties to leverage their respective strengths

NEWS DESK GCC Saudi Arabia

Crown Prince Of Saudi Arabia Launches New Murabba Development Company To Transform Downtown Riyadh

News Editor 04/03/2023 0

The Crown Prince Mohammed bin Salman of the Kingdom has announced the establishment of the New Murabba Development Co., which will build a new residential, commercial, and entertainment district in the centre of Riyadh. The New Murabba project’s design focuses on sustainability, with green spaces and paths for walking and biking that will improve

NEWS DESK GCC UAE

Dubai Aims To Become An Industrial Hub In Accordance With The Dubai Industrial Strategy 2030 Vision

News Editor 03/03/2023 0

Dubai is increasing its efforts to become a global manufacturing and industrial hub and attract major investments in key industries such asutilize technologies aerospace, pharmaceuticals, and medical equipment. These efforts are in line with the Dubai Industrial Strategy 2030, which projects a $5 billion increase in the industrial sector by 2030.  Dubai’s industrial

NEWS DESK GCC Saudi Arabia

Celebrating Saudi Arabia’s Achievements At The Esameyoon 2023

News Editor 02/03/2023 0

Esameyoon recognizes Saudi entrepreneurs who have achieved success in the business world. Mohammed Ibrahim Al-Subaie and Sons Investment Co. (MASIC) started the event in 2019. This year’s event brought together leaders from both the public and private sectors.  Participants included Saudi Industrial Development Fund CEO Prince Sultan bin Khalid bin