Dubai is planning to add 600 megawatts of clean energy capacity in 2021 through new solar installations, National Associated Press Agency, ANSA quoting ‘the National’ as saying. The emirate will also …
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Sophos survey reveals UAE IT teams strengthened security skills during COVID-19
Most UAE IT teams that faced a rise in cyber-attacks during 2020 boosted their security skills and knowledge, according to Sophos’ latest survey …
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Abu Dhabi set to become first city to receive new Covid treatment drug
Department of Health – Abu Dhabi announces collaboration with drug maker GlaxoSmithKline to obtain the first shipment of Sotrofimap …
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Saudi Arabia dominates slow MENA IPO market in Q1
MENA IPOs lagged the global market in Q1, which was the best first quarter in terms of both deal numbers and proceeds for the 20 years …
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Meet the Paytm ‘mafia’ who have set out to carve their own path
There is something about Paytm. The Indian multinational technology company has encouraged the spirit of entrepreneurship, pushing its team members to think big and out of the box. The outcome is …
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India’s entrepreneur Nikhil Kamath strikes gold with Middle East investors
True Beacon Global, Kamath’s new international fund, sees a 20 percent month-on-month jump in investments from the region …
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UAE central bank raises benchmark interest rate in step with Fed
The United Arab Emirates central bank raised its key overnight interest rate by 5 basis points on Thursday, in step with a similar move by the U.S. Federal Reserve a day earlier. DUBAI, June 17 …
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Investor sells $300 mln worth of shares in UAE’s ADCB -term sheet
An undisclosed investor has sold 1.1 billion dirhams ($300 million) worth of shares in Abu Dhabi Commercial Bank (ADCB.AD), United Arab Emirates’ third-biggest lender, a term sheet seen by Reuters …
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UAE Central Bank raises interest rate by 5bp after US Fed move
Dubai: The UAE Central Bank has raised the base rate on the Overnight Deposit Facility (ODF) by 5 basis points from Thursday (June 17). This decision was taken following the US Federal Reserve Board’s …
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Sharjah gears up for ‘Guest of Honour’ status at Bologna Children’s Book Fair 2022
Sharjah: Ahmed bin Rakkad Al Ameri, chairman of the Sharjah Book Authority (SBA), said Sharjah’s diverse cultural programme will be showcased at the Italian city of Bologna from March 21-24, 2022, …
UAE sends 60,000 COVID-19 vaccine doses to Yemen
The doses have been sent to Socotra Governorate, making it the first in the country to offer vaccines to residents.
How the UAE economy’s competitiveness compares globally after Covid shock
The UAE has been named the Middle East’s most competitive country and is among the top 10 globally, according to new rankings that reflect the impact of the Covid-19 pandemic on economies around the …
UAE tops world for government responsiveness during pandemic: Sheikh Mohammed
Dubai: The UAE ranks first globally on 20 development indicators – including in the government’s ability to adapt to changes despite the COVID-19 pandemic. It retained its position as the ninth most …
Dubai Expo 2020 to feature pavilion dedicated to women
It will put the spotlight on issues of gender parity and empowerment while paying homage to women’s achievements.
UAE has already built milestones on the ‘green economy’ landscape
Whether with solar farms or cost of renewable energy, UAE remains on track I’ve lived in the UAE for four years while working at Schneider Electric. While the UAE may be one of the biggest …
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Joint Israel-UAE Water Research Institute To Launch In Abu Dhabi
The institute will be backed by Israeli water from air company Watergen and the UAE’s Baynunah and work closely with Tel Aviv University.
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US regulator delays ruling on Bitcoin ETF in blow to crypto traders
US regulators have once again punted their decision on whether to approve a Bitcoin ETF. The Securities and Exchange Commission said in a Wednesday regulatory filing that it will seek more public …