UAE kickstarts its second chairmanship of the UN’s Kimberley Process, led by DMCC’s Executive Chairman and CEO Ahmed Bin Sulayem
‘Tarahum for Gaza’ Campaign: UAE’s Efforts Towards Supporting Palestinian People, Know All About It
Amid the war, different countries are picking their sides and sending aid accordingly. In this war, United Arab Emirates (UAE) is supporting the people of Palestine and has also started a charity for them. The UAE’s efforts towards supporting Palestinian …
UAE tirelessly seeking to address climate change challenges: Vice President of Japan’s Daikin
Tuna Gulenc, Vice President of Japan’s Daikin Middle East Africa, said that the UAE is continuing its global efforts to radically change the course of climate action and pave the way for a sustainable future by hosting COP28.
UAE Payments Revenue Pool Projected to hit $19.8 Billion by 2027, Despite a Global Slowdown in Growth Rates Compared to Previous Years
Amid global challenges such as the pandemic and economic fluctuations, the UAE payments industry has demonstrated resilience. Between 2018 and 2022, the
UAE payments revenue to hit $19.8bn by 2027: report
The UAE payments sector’s overall revenue growth is forecast to increase in the next five years (2023-2027) by a CAGR of 3.6%, pushing the revenue pool to $19.8 billion, according to a report. Amid global challenges such as the pandemic and economic …
Wasl unveils one of the largest on-grid solar projects in Dubai
Wasl, one of the largest real estate development and management companies in Dubai, has announced the successful completion of one of the largest on-grid solar projects in the emirate. The project is …
Dubai FinTech Summit set to bring together over 8,000 global leaders to drive the future of finance
The summit is expected to attract over 8,000 industry leaders, testament to Dubai’s growing status as a global economic and financial hubMaktoum bin Mohammed: The summit aligns with the Dubai Economic …
Abu Dhabi University and Queen Rania Teacher Academy partner to foster innovation and educational excellence
Dr. Osama Obeidat, CEO of the Queen Rania Teacher Academy, commented: “We are delighted to expand our collaboration with Abu Dhabi University through this MoU. This collaboration represents our shared …
Abu Dhabi–based TAQA’s Q3 profit slumps 30% amid fall in oil and gas revenue
Abu Dhabi National Energy Company (TAQA) reported a 30% drop in its Q3 2023 net attributable profit to 1.56 billion dirhams ($424.72 million), compared with AED 2.24 billion a year earlier on lower …
Dubai FinTech Summit set to bring together over 8,000 global leaders to drive future of finance
As a rising FinTech hub, Dubai is also spearheading the evolution of the financial services industry, with investments in FinTech projected to grow by 17.2% CAGR to $949bln from 2022 to 2030 …
Abu Dhabi ADNOC Logistics & Services posts 46% higher Q3 net profit
ADNOC Logistics & Services (ADNOC L&S) posted a net profit of $147.7 million in Q3 2023, 46% higher compared with the year-earlier period. The effort was a shade higher than analysts’ mean …
UAE: ‘Dead’ man comes back to life after 45 minutes
A man was brought back to life 45 minutes after he suffered from a cardiac arrest in Khorfakkan Hospital, earlier this week. The patient, who is in his thirties, had come into the hospital complaining of an irregular heartbeat, and suffered a cardiac …
UAE to report CAGR growth of 6.3% over 2022-2027
The UAE will keep attracting domestic and multinational medical device manufacturers supported by a conducive regulatory environment, according to Fitch Solutions’ BMI research. “The UAE’s medical device market will record a mid-single-digit compound annual growth rate(CAGR) over the next five years,
UAE calls on UNESCO member states to join climate efforts at COP28
Salem bin Khalid Al Qassimi, UAE Minister of Culture and Youth, called on member states of the United Nations Educational, Scientific and Cultural Organization (UNESCO), to join the UAE and its “Group of Friends” in their endeavours to lead climate …
UAE’s Tecom reveals biggest 3D-printed stand at Dubai Design Week 2023
The pavilion is crafted from recycled polyethylene terephthalate glycol. UAE’s Tecom reveals biggest 3D-printed stand at Dubai Design Week 2023. . News.
UAE: GSM expands portfolio with new acquisition
Global Schools Management (GSM), which owns over 165 schools, and 45,000 students in the US, Middle East, UK and Africa has announced its acquisition of a majority stake in Crown Private School of Ajman.
Heat is on UAE to deliver at COP28
The United Arab Emirates, the host of COP28, faces challenges in achieving climate goals due to its dependence on oil resources and its inability to reduce emissions. The conference, which returns to Asia after five years,