UAE – Page 3 – CEO Weekly

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 […]

by CEO Editorial Team

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 […]

by CEO Editorial Team

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 […]

by CEO Editorial Team

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, […]

by CEO Editorial Team

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 […]

by CEO Editorial Team

July 13, 2023

Wynn Resorts Unveils Plans for UAE’s First Gaming Resort, Wynn Al Marjan Island

Wynn Resorts, a renowned US casino operator, has announced its ambitious plan to build the United Arab Emirates’ (UAE) first-ever “gaming” resort. The Wynn Al Marjan Island project is set to open in four years and will cost approximately $3.9 billion. The resort aims to offer exceptional entertainment and gaming amenities, as stated on the […]

by CEO Editorial Team

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 […]

by Swati Gupta

July 11, 2023

UAE Aims to Generate 5,000 New Healthcare Jobs to Meet Growing Demand

The United Arab Emirates (UAE) has unveiled a strategic initiative to create 5,000 new healthcare jobs, responding to the growing demand for quality healthcare services.

by Swati Gupta

July 9, 2023

During the second quarter, a total of 1,500 new companies were welcomed by a free zone in the UAE.

The UAE’s Ras Al Khaimah Economic Zone (RAKEZ) has experienced remarkable growth, welcoming over 1,500 new companies during the second quarter of 2023. This robust expansion reflects a significant increase of 132 percent compared to the same period in the previous year.

by Swati Gupta

June 25, 2023

UAE Banking Sector’s Credit Growth Surges Despite Rising Interest Rates

Credit growth in the UAE’s banking sector, a crucial indicator of overall economic health, witnessed a significant surge, reaching nearly Dh2.0 trillion in the first quarter.

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