July 17, 2023

Saudi Arabia’s Robotics Commercial Records Surge by 52% in Q2, Reflecting Promising Sector Growth

he robot technologies sector in Saudi Arabia has witnessed remarkable growth, as indicated by a 52% increase in commercial records registered during the second quarter of 2023 compared to the same period in 2022.

July 13, 2023

Locals.org Launches in UAE, Revolutionizing Real-Life Social Networking for Entrepreneurs

Locals.org, the rapidly growing “real-life” social networking platform for entrepreneurs and aspiring individuals, has officially launched in the United Arab Emirates (UAE) after securing $11 million USD in seed funding. With over 200,000 entrepreneurs already on board, Locals.org offers a unique platform for connecting like-minded individuals based on shared interests, whether for business networking, sports, […]

July 13, 2023

Cop28 President Outlines Four Pillars for Ambitious Climate Action at Upcoming Summit in Dubai

Dr Sultan Al Jaber, the President-designate of Cop28 and Minister of Industry and Advanced Technology, unveiled a comprehensive plan based on four pillars aimed at driving significant progress in addressing climate change. Speaking at a climate meeting in Brussels, Dr Al Jaber emphasized the need for a “science-based, action-oriented” approach to disrupt business as usual […]

July 13, 2023

Survey Reveals Positive Community Sports Trends in Abu Dhabi, but Room for Improvement

A recent emirate-wide survey conducted in Abu Dhabi has shed light on community sports trends, revealing that 37.3% of the 10,854 respondents met the physical activity recommendations and guidelines set by the World Health Organization (WHO). The WHO recommends at least 150 minutes of moderate-intensity or 75 minutes of vigorous-intensity physical activity per week.The Department […]

July 13, 2023

UAE Disburses $1 Billion Loan to Pakistan as IMF Forecasts Increase in External Debt

The United Arab Emirates (UAE) has extended a fresh loan of $1 billion to Pakistan, providing a much-needed boost as the International Monetary Fund (IMF) projects a significant rise in Pakistan’s external debt to $136.5 billion by the end of the fiscal year. This loan comes after the reopening of blocked financing pipelines, signifying an […]

July 13, 2023

Anticipation Builds for Prime Minister Narendra Modi’s Visit to UAE, Fostering Bilateral Relations and Business Opportunities

Indian businesses and the education community in the United Arab Emirates (UAE) are eagerly awaiting the upcoming visit of Prime Minister Narendra Modi. Scheduled after his trip to France, this visit is expected to deepen the Comprehensive Strategic Partnership between India and the UAE, particularly in sectors such as energy, education, healthcare, food security, fintech, […]

July 13, 2023

Ministry of Human Resources and Emiratisation,UAE Issues Alert on Scam Message Impersonating Government Entities

The Ministry of Human Resources and Emiratisation (Mohre) in the UAE has issued a warning to residents regarding a scam message circulating in the region. The fraudulent document bears the logos of multiple government entities, including Mohre, and is titled “Legal notice from Ministry of Interior.” The message attempts to deceive recipients by requesting their […]

July 12, 2023

UAE’s Ambitious Plans to Lead Low-Carbon Hydrogen Production by 2031

The United Arab Emirates (UAE) is positioning itself as a global leader in sustainable economic and social development through the updated UAE Energy Strategy 2050 and the development of the National Hydrogen Strategy. These initiatives, recently approved by the UAE Cabinet, reflect the country’s commitment to climate action, emission reduction, and mitigating the impacts of […]

July 4, 2023

Saudi Arabia and the United Arab Emirates (UAE) have jointly pledged $6 billion to facilitate investment ventures in Iraq.

Saudi Arabia and the United Arab Emirates (UAE) have jointly pledged $6 billion to support the expansion of international trade and investment in Iraq, according to a report by the Iraqi News Agency.

June 20, 2023

Saudi Chemanol announced its intention to acquire significant ownership stakes in two leading chemical firms.

Saudi-based Methanol Chemicals Co., commonly known as Chemanol, has unveiled its strategy to diversify its product portfolio through the acquisition of controlling stakes in two chemical firms.

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