The Saudi Fund for Development has signed a $10 million contribution agreement with the Asian Infrastructure Investment Bank (AIIB) to support the financial institution’s newly established programs, as reported by the Saudi Press Agency (SPA). This initiative aims to strengthen infrastructure development in low-income member countries, helping AIIB bridge the financing gap in infrastructure and […]
Saudi Arabia’s real estate sector has become a focal point of interest for investors from the UAE, according to a prominent developer based in Abu Dhabi. Suwaidan Al-Dhaheri, CEO of IMKAN Properties, expressed his views on the sidelines of the Future Hospitality Summit, emphasizing the Kingdom’s untapped potential in the real estate landscape. “Saudi Arabia […]
The UAE’s EDGE Group, a global leader in advanced technology and defense solutions, has announced its acquisition of a 50% stake in SIATT, a Brazilian specialist in smart weapons and high-tech systems. The official signing of the acquisition deal took place at SIATT’s headquarters in São José dos Campos, with Faisal Al Bannai, Chairman of […]
Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, has called upon the ministers of agriculture from Gulf Cooperation Council (GCC) nations to endorse the Emirates Declaration on Resilient Food Systems, Sustainable Agriculture, and Climate Action. She emphasized the importance of supporting the UAE’s efforts to strengthen food systems, mitigate climate change, reduce […]
Emirati designers participating in the 52nd edition of the Watch & Jewellery Middle East Show have captivated visitors with their innovative and distinctive collections displayed at the “Emirates Jewellers” pavilion. This prestigious event, held at the Expo Centre Sharjah and supported by the Sharjah Chamber of Commerce and Industry (SCCI), will continue to run until […]
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) is reinforcing its commitment to agricultural and food sustainability in the Emirate of Abu Dhabi by launching a comprehensive strategy aimed at reducing food loss and waste (FLW) and enhancing production chain efficiency. On the occasion of the World Day of Awareness on Food Loss and […]
The Energy Industries Council (EIC), a leading energy trade association, has confirmed its participation in the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC) 2023, where it will host the UK Pavilion. This year’s ADIPEC, scheduled to take place from the 2nd to the 5th of October in Abu Dhabi, marks the 20th anniversary of EIC’s […]
In a significant meeting held at the Abu Dhabi National Oil Company (ADNOC) headquarters, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, led the Executive Committee of ADNOC’s Board of Directors. The session, held to oversee ADNOC’s key initiatives, saw discussions […]
Dubai, UAE – AstraZeneca, a global leader in healthcare, celebrated the inauguration of its cutting-edge sustainable offices located within Dubai Science Park, a subsidiary of Tecom Group PJSC. These newly unveiled offices represent a significant milestone in AstraZeneca’s commitment to reducing its carbon footprint in the UAE and supporting the transition towards sustainable healthcare. This […]
Dubai, UAE – In a significant financial achievement, the Dubai government has announced a reduction of approximately Dh29 billion in its public debt by the end of this year. This accomplishment includes a partial settlement of Dh20 billion of a loan extended by the Abu Dhabi government and the Central Bank of the UAE. The […]