In Dubai, Sheikh Mohammed bin Rashid held a meeting with Professor Klaus Schwab, Founder of the World Economic Forum.
February 23, 2023

In Dubai, Sheikh Mohammed bin Rashid held a meeting with Professor Klaus Schwab, Founder of the World Economic Forum.

Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, recently met with Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), during the pre-summit day of the World Government Summit in Dubai. The meeting focused on the role of the WEF in generating new ideas to address economic challenges facing the world.

The act of North Korea's 'illegal' missile launch has been strongly condemned by the UAE, who termed it 'reckless and provocative'.
February 23, 2023

The act of North Korea’s ‘illegal’ missile launch has been strongly condemned by the UAE, who termed it ‘reckless and provocative’.

The United Arab Emirates (UAE) has strongly condemned the recent ballistic missile launch conducted by North Korea, describing it as “illegal” and “reckless and provocative.” The missiles landed in the sea off the coast of Japan, prompting widespread concern and condemnation from the international community.

A new law has been issued by Sheikh Mohammed, renaming a government authority.
February 23, 2023

A new law has been issued by Sheikh Mohammed, renaming a government authority.

Dubai’s status as a global trade hub has been reinforced with the issuance of a new law by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The law has renamed the Dubai Maritime City Authority (DMCA) as the Dubai Maritime Authority (DMA) and outlines the responsibilities of both the DMA and the Dubai Ports, Customs and Free Zone Corporation (PCFC) in regulating maritime activities in the emirate.

In the world of stablecoins, Tether is gaining even more control as other coins struggle to keep up.
February 22, 2023

In the world of stablecoins, Tether is gaining even more control as other coins struggle to keep up.

The world of stablecoins is currently facing some seismic shifts, with Tether leading the way in tightening its grip on the market. This comes after the New York-based Paxos Trust Company, which mints Binance’s stablecoin, announced that it would cease issuing new BUSD tokens due to regulatory issues.

Sheikh Mohamed bin Zayed Al Nahyan, the UAE President, paid a visit to the defence exhibition in Abu Dhabi.
February 22, 2023

Sheikh Mohamed bin Zayed Al Nahyan, the UAE President, paid a visit to the defence exhibition in Abu Dhabi.

The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, visited the 16th edition of the International Defence Exhibition and Conference (Idex) and the seventh Naval Defence and Maritime Security Exhibition (Navdex) in Abu Dhabi on Tuesday. The event is being held under the patronage of Sheikh Mohamed at the Abu Dhabi National Exhibition Centre (Adnec), in cooperation with the Ministry of Defence.

The US Navy is considering deploying 100 unmanned vessels for Middle East maritime security operations.
February 22, 2023

The US Navy is considering deploying 100 unmanned vessels for Middle East maritime security operations.

The United States is looking to deploy up to 100 unmanned vessels into the Middle East’s maritime security operations. The aim of this move is to improve naval defenses and better monitor maritime threats in the region. The announcement was made by a top official of the US Naval Forces during a defense exhibition held in Abu Dhabi.

Up to two weeks of holidays have been declared by several schools in the UAE for the holy month of Ramadan in 2023.
February 22, 2023

Up to two weeks of holidays have been declared by several schools in the UAE for the holy month of Ramadan in 2023.

As the holy month of Ramadan approaches, students of many schools in the UAE are set to enjoy a lengthy break of up to two weeks. The timing of the break has been carefully planned to coincide with the start of Ramadan and provide students with the opportunity to focus on their spiritual practices without any added stress.

Cash usage in the UAE is decreasing by 20%, while the popularity of mobile wallets is causing a “revolution” in digital payments
February 22, 2023

Cash usage in the UAE is decreasing by 20%, while the popularity of mobile wallets is causing a “revolution” in digital payments

The United Arab Emirates (UAE) is witnessing a digital payment revolution as cash usage declines by 20% and mobile wallets become increasingly popular among younger generations. According to a paper released by Amazon Payment Services, digital payments across key sectors in the UAE are expected to increase at a compound annual growth rate (CAGR) of 18.3% from 2021 to 2023, indicating a significant shift towards digital transactions.

In 2023, the World Triathlon Championship Series Abu Dhabi will be held at Yas Marina Circuit.
February 19, 2023

In 2023, the World Triathlon Championship Series Abu Dhabi will be held at Yas Marina Circuit.

Yas Marina Circuit to host 2023 World Triathlon Championship Series Abu Dhabi Expect kids’ play zones, food and beverage outlets and more at the free-to-enter event village The 2023 World Triathlon Championship Series Abu Dhabi is nearly here – and Yas Marina Circuit has been announced as the competition’s venue. Held on Friday March 3 and Saturday March 4, the season opening race will see professional and amateur triathletes swim in Yas Marina’s waters before cycling and running around the F1 track.

The HelioTech project will be showcased by UAE's Strategic Development Fund at IDEX 2023.
February 19, 2023

The HelioTech project will be showcased by UAE’s Strategic Development Fund at IDEX 2023.

UAE’s Strategic Development Fund to present HelioTech at IDEX 2023 UAE-based aviation firm Helio Aviation Technologies focusing on designing and manufacturing aircraft is set to present its latest solutions at the International Defense Exhibition and Conference that kick-starts on Feb. 20 in Abu Dhabi.

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