The UAE and Mauritius have signed a Comprehensive Economic Partnership Agreement (CEPA), marking a significant milestone in bilateral relations between the two nations. The agreement aims to enhance trade and investment opportunities, creating a robust framework for economic cooperation. The CEPA was signed during a high-profile ceremony attended by senior officials and business leaders from […]
In a significant move to support the well-being of outdoor workers, the UAE is offering free medical checkups for more than 3,000 workers in Sharjah. This initiative aims to provide essential healthcare services during the scorching summer months, ensuring that those who work in extreme conditions receive the medical attention they need. The medical checkups […]
China’s once-roaring economy is showing signs of fatigue. In 2023, its GDP growth rate clocked in at 5.2%, the weakest since 1999 (excluding pandemic years). This concerning trend continues in 2024, with analysts predicting even lower growth figures. What’s causing this slowdown, and what are the potential consequences? Multiple factors are contributing to China’s economic […]
As geopolitical tensions escalate in the Red Sea, businesses in the United Arab Emirates (UAE) and Saudi Arabia are facing the impact of increased shipping costs and extended delivery times from Europe. Recent military actions by the US and the UK against Houthi targets have triggered a surge in shipping costs, particularly on routes from […]
In a strategic move to bolster small- to medium-sized businesses (SMBs) in the United Arab Emirates (UAE), Abu Dhabi Islamic Bank (ADIB) has unveiled the ADIB Business Souq, a cutting-edge Business-to-Business (B2B) marketplace. This innovative platform aims to provide digital access to a wide array of essential services for SMBs, fostering convenience, accessibility, and community-building […]
Hertz, the iconic car rental company known for its yellow cars and convenient locations, is taking a sharp turn on the road to the future. In a surprising move, the company announced it will be selling nearly a third of its electric vehicles (EVs), primarily Teslas, and refocusing its fleet on hybrid cars. This seemingly […]
For decades, FedEx has been the king of deliveries, whisking packages across continents with swift efficiency. But in the ever-evolving world of e-commerce, delivering boxes on time is no longer enough. Enter fdx, FedEx’s audacious new platform that aims to transform the company from a mere delivery service into a full-fledged e-commerce player, potentially shaking […]
The sun-drenched city of Dubai has long been a beacon for international business, and its bustling free zones serve as magnets for global companies seeking a strategic foothold in the Middle East. This week, news emerged that further solidifies Dubai’s reputation as a business haven: license renewals within the Dubai World Trade Centre Authority (DWTCA) […]
The majestic fjords of Norway have long captured the world’s imagination with their breathtaking beauty and pristine waters. But beneath the tranquil surface lies a new frontier, one shrouded in mystery and controversy: the deep ocean floor. Norway is poised to become the first country in the world to venture into this uncharted territory by […]
In the dynamic realm of sports and youth empowerment, Dr. Ashraf Sobhy stands as a beacon of leadership, contributing significantly to the advancement of these crucial domains. Serving as the Minister of Youth and Sports and heading the Executive Office of the Council of Arab Youth and Sports Ministers, Dr. Sobhy’s impact extends far beyond national borders. Elected in 2023 as the President of the African University Sports Confederation, he has demonstrated his commitment to fostering sporting excellence and collaboration on a continental scale.
