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Month: October 2023

Posted on 31/10/2023

Climate ‘loss and damage’ dominates UAE talks ahead of COP28

Setting up a “loss and damage” fund for poorer nations hit by climate change dominated preliminary talks on Tuesday one month before COP28 in Dubai, where delegates look set to tussle over the future …

Posted on 31/10/2023

Under UAE President’s directives, Abu Dhabi International Airport to be renamed Zayed International Airport

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued directives to rename Abu Dhabi International AirportThe new official nam …

Posted on 31/10/2023

Robust momentum brings Türkiye-UAE trade on brink of $15 billion

The volume of bilateral goods exchange between Türkiye and the United Arab Emirates (UAE) is set to reach $15 billion by the end of the year, much …

Posted on 31/10/2023

Ensuring the future of 5G development for its continuous success

The growth of 4G took eight years to reach one billion users. But with the increased growth rate of 5G, this same milestone took only four years, which is allowing for the digital transformation of …

Posted on 31/10/2023

Huawei Surges Into The 5.5G Lead

Huawei is moving ahead into the 5.5G era, a marked advance over current 5G networks and a practical halfway house on the road to 6G. Also known as 5 …

Posted on 31/10/2023

US Startup SolarSpace To Set Up Shop In The UAE

The US startup SolarSpace, which specializes in solar energy generation, has joined the UAE’s Ministry of Economy’s NextGen FDI program to establish its regional headquarters in Abu Dhabi, UAE’s …

Posted on 31/10/2023

US start-up SolarSpace to bring critical clean-energy expertise to UAE under Ministry of Economy’s NextGen FDI Program

The Ministry of Economy has announced that SolarSpace, a US-based startup specialising in solar energy generation technology, has joined its NextGen FDI programme and plans to establish regional …

Posted on 31/10/2023

India-led alliance set to fund solar projects in Africa in a boost to the energy transition

An alliance of nations that push for more solar power worldwide are set to announce nearly $35 million for projects such as mini grids and rooftop installations, mainly in Africa, according to the gro …

Posted on 31/10/2023

Sheraa & Abdulla Al Ghurair Foundation’s Eco-preneurship winners unveil groundbreaking solutions in solar power, agriculture & waste reduction

Under the UAE’s Green Education Partnership, Sharjah Entrepreneurship Center and Abdulla Al Ghurair Foundation partner to empower UAE’s youth to create impactful startups and drive global …

Posted on 31/10/2023

Navigating global business: The art of transfer pricing and the arm’s length principle

The incorporation of these principles into the UAE’s corporate tax law demonstrates a commitment to aligning the country’s tax regulations with international standards, ultimately promoting a fair and …

Posted on 31/10/2023

Türkiye-UAE trade volume this year to hit $15B, says Turkish trade minister

The annual trade volume between Türkiye and the United Arab Emirates (UAE) will reach $15 billion at the end of this year and $25 billion soon after than, the Turkish trade minister said on Tuesday.

Posted on 31/10/2023

UAE, Canada are advanced societies with modern economies: Canadian Envoy

The envoy said there would be a very large Canadian delegation at COP28, perhaps upwards of 700 people, seeking to support and advance the climate agenda …

Posted on 31/10/2023

Malawi’s Climate Change Minister Praises UAE’s COP28 Preparations, Highlights Climate Finance Priority

ABU DHABI, 31st October, 2023 (WAM) — Malawi’s Minister of Natural Resources and Climate Change Dr. Michael Osei has praised the UAE’s except …

Posted on 31/10/2023

H.E. Sheikh Nahayan Mabarak Al Nahayan inaugurates Bank Alfalah branch in Dubai, UAE

Bank Alfalah, one of Pakistan’s leading commercial banks, inaugurated its international branch at the Shaikh Zayed Road (in Dubai relocated from Al-Khaleej Building, Zaabeel Street) to provide …

Posted on 31/10/2023

KuCoin’s Survey Report Reveals Insights into UAE’s Role as a Crypto Hub, With 72% Preference in Bitcoin Investment

AI and Blockchain Integration: The findings reveal that 62% of UAE crypto users are eager for the integration of AI and blockchain technologies, showcasing the UAE’s forward-looking approach to crypto …

Posted on 31/10/2023

Web3 wallet Backpack to launch VASP-licensed crypto exchange in Dubai

The Dubai Virtual Assets Regulatory Authority (VARA) has issued a Virtual Asset Service Provider (VASP) license to the crypto wallet Backpack, resulting in the launch of Backpack Exchange. Backpack’s …

Posted on 31/10/2023

Abu Dhabi’s Department of Municipalities and Transport kickstarts its 3rd Smart City summit titled “Smart cities for a sustainable world”

Abu Dhabi, UAE – The 3rd edition of the Abu Dhabi Smart City Summit (ADSCS) launched is first day of activities today under the name of “Smart Cities for a Sustainable World”. The summit is organised …

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