September 21, 2023

ENEC Explores Future Collaborative Opportunities with US Companies at US-UAE Business Council Briefing

The Emirates Nuclear Energy Corporation (ENEC) engaged in a productive dialogue hosted by the US-UAE Business Council and the Nuclear Energy Institute (NEI) during a business briefing roundtable held in Washington D.C. this week. Mohamed Ibrahim Al Hammadi, the Managing Director and Chief Executive Officer of ENEC, took the stage to shed light on the […]

September 21, 2023

MoF Collaborates with MIGA to Unveil Expansion Opportunities for UAE Private Sector in Emerging Economies

In a strategic partnership with the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA), the Ministry of Finance (MoF) conducted two insightful workshops at the chambers of commerce in both Dubai and Abu Dhabi. These workshops, a part of the Ministry’s ongoing efforts to enrich the UAE’s business environment, brought together government officials, business leaders, […]

September 21, 2023

Abu Dhabi Residents Office Joins Forces with Nine Yards to Elevate Real Estate Investment

ABU DHABI, 21st September, 2023 (WAM) — Nine Yards, a prominent Abu Dhabi-based real estate developer, has recently entered into a strategic partnership with the Abu Dhabi Residents Office (ADRO), a division of the Abu Dhabi Economic Development (ADDED), aimed at bolstering the real estate investment sector and providing enhanced support to Nine Yards’ clientele. […]

September 21, 2023

COP28 President-Designate Urges Global Unity and Ambition at UN Climate Ambition Summit

NEW YORK, 21st September, 2023 (WAM) — Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, delivered a powerful address at the UN Climate Ambition Summit in New York today, rallying the international community to confront the climate crisis with determination and resolve. He emphasized that despite the challenges, […]

September 21, 2023

Ministry of Economy Recognizes Pioneering Family Businesses in ‘Thabat’ Program

The Ministry of Economy (MoEc) hosted a prestigious ceremony in Dubai to honor the first cohort of participants in the ‘Thabat’ family business program. The event brought together prominent dignitaries, including Abdullah bin Touq Al Marri, Minister of Economy; Abdul Aziz Al Ghurair, Chairman of Dubai Chambers and Chairman of the Family Business Council – […]

September 21, 2023

FTA and UAQ Chamber Collaborate to Boost Tax Awareness Among Businesses

In a significant move aimed at fostering a deeper understanding of taxation within the business community, the Federal Tax Authority (FTA) has formalized a partnership with the Umm Al Quwain Chamber of Commerce and Industry. The Memorandum of Understanding (MoU), signed on September 21, 2023, underscores the commitment to promote a culture of tax compliance […]

September 21, 2023

Hana Al Rostamani: Pioneering Leadership at First Abu Dhabi Bank

Hana Al Rostamani, the Group Chief Executive Officer (GCEO) of First Abu Dhabi Bank (FAB), continues to make waves in the global financial sector with her visionary leadership and commitment to innovation, diversity, and inclusion. As the first female CEO of a UAE-based bank, Hana Al Rostamani has broken barriers and paved the way for […]

September 20, 2023

Islamic Development Bank Prepares Kyrgyzstan Partnership Study for Socioeconomic Advancement

Kyrgyzstan is on the cusp of significant economic and social infrastructure developments as the Islamic Development Bank (IsDB) undertakes the formulation of a Member Country Partnership Study (MCPS) tailored to the needs of the Central Asian nation. The MCPS, a strategic initiative by IsDB, is poised to pave the way for the design and implementation […]

September 20, 2023

Kuwait Fund Grants $570 Million Loan to Boost GCCIA’s Electricity Expansion Project

In a significant move aimed at bolstering regional connectivity, the Gulf Electricity Interconnection expansion project has secured a substantial $570 million loan from the Kuwait Fund for Arab Economic Development, as announced in an official statement. This initiative stands as a crucial component of the Gulf Cooperation Council Interconnection Authority’s ongoing efforts to address the […]

September 20, 2023

Saudi Oil Minister Rebuts Blame for Soaring Prices Amid Production Cuts

Saudi Arabia’s oil minister has firmly rejected the notion that the kingdom’s recent production cuts are aimed at artificially inflating oil prices. Speaking at the World Petroleum Congress in Calgary, Energy Minister Prince Abdulaziz bin Salman emphasized that the decisions to reduce production were based on data and market dynamics rather than an intention to […]

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