June 30, 2023

In 2022, the partners of ADB made a commitment of $11.4 billion to jointly finance projects.

artners of the Asian Development Bank (ADB) have demonstrated their commitment to supporting the resilience of developing member countries in Asia and the Pacific by pledging $11.4 billion to co-finance projects in 2022.

June 30, 2023

UNCTAD assesses advancements in sustainable development goals and reveals the repercussions of worldwide crises.

United Nations Conference on Trade and Development (UNCTAD) has recently unveiled the fifth edition of its annual SDG Pulse, a comprehensive global reference for monitoring the progress made towards achieving the Sustainable Development Goals (SDGs) by 2030.

June 30, 2023

The leader of the UAE’s Cyber Security Department heads a delegation from the UAE to attend Cyber Week in Tel Aviv.

Dr. Mohamed Al Kuwaiti, the esteemed Head of Cyber Security for the Government of the UAE, recently led a high-level UAE delegation consisting of numerous participants from leading Emirati entities to the highly anticipated Cyber Week 2023 Conference held in Tel Aviv

June 29, 2023

Central Bank Leaders Emphasize Further Tightening Measures to Control Inflation

During an annual gathering of central bankers hosted by the European Central Bank (ECB) in Sintra, Portugal, US Federal Reserve Chairman Jerome Powell indicated that further interest rate hikes were not off the table.

June 29, 2023

Oracle integrates generative AI into its human resources software.

Oracle Corporation announced on Wednesday that it is integrating generative artificial intelligence (AI) features into its human resources (HR) software.

June 29, 2023

A renowned landmark Pepsi Factory in Dubai has been sold for a staggering amount of Dh252 million.

Dubai’s famous landmark, the Pepsi factory located on Sheikh Zayed Road, may soon become a thing of the past as it has been sold to Al Futtaim Private Company LLC.

June 29, 2023

UBS is reportedly planning to reduce its workforce by 30% while retaining Credit Suisse’s domestic business.

UBS, the Swiss banking giant, is reportedly contemplating a significant reduction in its workforce following its emergency takeover of Credit Suisse.

June 29, 2023

Bahrain has set a target to increase the proportion of renewable energy in its electricity generation to 5% by 2025.

Bahrain has intensified its efforts to increase the proportion of renewable energy in its total electricity generation to 5% by 2025, aligning with the goals of the country’s National Energy Transition Plan.

June 29, 2023

Lifera, a subsidiary of the PIF has entered into a joint venture with CENTOGENE, a renowned global omics diagnostics company.

By harnessing this cutting-edge technology, Lifera and CENTOGENE aspire to transform genetic insights into data-driven solutions that will propel the field of precision medicine forward, as highlighted in a press release.

June 29, 2023

Within a span of one week, King Fahd International Airport witnessed a notable influx of 250,000 passengers.

King Fahd International Airport experienced a significant rise in passenger numbers during the seven-day period of Eid Al-Adha, marking an 11% increase compared to the corresponding period in 2022.

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