The UAE stock markets closed on a positive note on Wednesday, driven by strong performances in the real estate and construction sectors in Abu Dhabi, as well as the financial sector in Dubai.
The Ministry of Climate Change and Environment (MOCCAE), in collaboration with key stakeholders in the UAE’s power generation sector, has conducted a study highlighting a significant 20% reduction in nitrogen oxide (NOx) emissions resulting from power generation activities. The study focused on assessing the intensity of nitrogen oxide emissions specifically related to power generation, establishing […]
According to the latest World Bank Gulf Economic Update (GEU) titled “The Health and Economic Burden of Non-Communicable Diseases in the GCC,” the United Arab Emirates (UAE) is expected to witness positive economic growth in 2023. The World Bank projects that the country’s real Gross Domestic Product (GDP) will grow by 2.8 percent during the […]
In an exciting collaboration, Bayanat, Yahsat, and ICEYE have united their expertise to unlock new commercial opportunities within the burgeoning space ecosystem of the United Arab Emirates (UAE). By leveraging their combined strengths, these companies aim to propel the UAE’s space industry to new heights and drive economic growth in the region. Bayanat, a leading […]
Tabreed, the Abu Dhabi-based district cooling company, has reported a significant increase in profits for the first quarter of 2023
Emirates Group, the parent company of Emirates Airline and dnata, has announced a record annual profit of Dh10.9 billion ($3.0 billion) for the year 2022-23. This is a significant turnaround from the company’s loss position last year. The company attributes its success to the return of strong consumer demand and its ability to quickly and […]
This weekend in Dubai promises to be a fusion of music and comedy, with some of the biggest names in the industry performing live. Whether you are a classical music fanatic or a social media comedy lover, there is something for everyone. Here are some of the top picks for the weekend: Zakir Khan Live […]
According to data from the Federal Competitiveness and Statistics Centre, the trade exchange between the UAE and France grew by 16.8% in 2022, reaching Dh29.44 billion, compared to Dh25.2 billion in 2021. The bilateral trade between the two countries consisted of imports valued at Dh25.2 billion, while exports and re-exports were valued at approximately Dh4.2 […]
Jebel Ali Free Zone (Jafza), considered the world’s leading free zone and an integrated business hub, has invited Indian companies to expand operations into the region. With the Comprehensive Economic Partnership Agreement between India and the UAE in place since May 2020, the landmark deal has reduced tariffs on about 80% of all goods and […]
Expo Centre Sharjah recently participated in the annual UFI MEA Regional Conference 2023 held in Doha from May 9-11. The conference provided a platform for discussions on collaborative efforts to promote the exhibition industry, exploring global best practices, and deliberating on projects and initiatives that can foster sustainable growth in the industry. HE Saif Mohammed […]
