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United Arab Emirates
Energy
Sheikh Ahmed bin Saeed Al Maktoum inaugurates 24th WETEX, Dubai Solar Show
"Event showcases UAE’s achievements in renewable, clean energy sector"
Technology
UAE Ministry of Economy launches headquarters in the metaverse
"Metaverse is transforming key industries from logistics to real estate"
Technology
Sheikh Hamdan: The metaverse will shape a new digital future for humanity
Dubai set to consolidate status as a testbed for future metaverse technologies
Hospitality & Tourism
Arabian Travel Market to unveil 30 long-term net zero goals
Global travel & tourism accounts for 11% of the world’s carbon emissions
Banking & Finance
IHC acquires majority stake in Emircom for AED 250 mn
Company aims to expand its digital portfolio
Technology
Blue-collar workers in UAE can now apply for jobs via new portal
Phase 2 of the project allows hiring companies to recruit from the portal
Economy
UAE salaries likely to rise by 5% in 2023
Companies planning salary increases to offset inflation, retain talents
Health
MoU signed to promote UAE medical tourism, attract health tourists
Medical tourism industry generated AED 12.1 bn in 2018
Technology
UAE cyber professionals overwhelmed by escalation of threats
Despite increased spend
Logistics
UAE dirham hits all-time high against Indian rupee, British pound
Prices of food, groceries to drop by 20%
Health
UAE adopts less stringent Covid-19 requirements
Mask rules dropped in most public places
Technology
Dubai to discuss road map to reach $30 tn mark for metaverse industry
Event to explore digital economy, unlock metaverse potential
Technology
UAE launches new studio to address region’s demand for Web3, metaverse
Studio will streamline, ease the way that firms can access Web3 technologies
Energy
UAE to supply Germany with LNG, diesel cargoes in 2022, 2023
Germany seeks to diversify energy sources amid reduced supply of Russian gas
Markets
Burjeel decides to offer 11% of its shares in Abu Dhabi market
The first privately owned company to go public in the UAE
Energy
ADNOC, TAQA announce closure of $3.8 billion clean energy deal
Project to reduce carbon footprint of ADNOC’s offshore operations by 30%
Energy
Al Jaber: UAE “fully committed” to energy transition
But more realism about the scale of the challenge is need to properly address it
Markets
Salik raises over $1 bn from IPO
Offering more than 49 times oversubscribed
Economy
57% of Arab youth prefer to live in UAE
Visa reforms and low taxes are among factors attracting young Arabs
Banking & Finance
Emaar shareholders approve acquisition of Dubai Creek Harbour, sale of Namshi
Abolition of minimum contribution of UAE, GCC nationals also passed
Economy
Bin Touq: UAE’s non-oil sectors’ contribution to GDP a qualitative achievement
Contribution of tourism, retail, largest among other sectors
Hospitality & Tourism
UAE: Tourists spend reaches $27.4 bn in 2021
The highest among the GCC markets
Hospitality & Tourism
Michael Koth, in charge of the most iconic hotel in Abu Dhabi
The iconic Emirates Palace is now part of the Mandarin Oriental Group
Banking & Finance
UAE working on initiatives to enable instant payments
CBUAE also looking at improving consumer protection framework in the country
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