Business & Money | Sunday 15 October, 2023 8:52 am

UAE allocates US$200 million to boost growth in low-income countries and reduce poverty

The UAE has announced it will participate in funding the Poverty Reduction and Growth Trust (PRGT), allocating US$200 million (AED735 million), within its efforts to expand concessional financing for low-income countries. This aligns with the UAE’s unwavering efforts to realize the United...

More Details

Business & Money | Sunday 15 October, 2023 8:47 am

World Bank: Saudi Arabia serious about economic diversification

Roberta Gatti, the World Bank's Chief Economist, Middle East, and North Africa, said the region experienced exceptional growth last year, the highest in almost 15 years, fueled by oil prices and increased oil exports post the Russian-Ukrainian war. Growth declined sharply in 2023 as oil demand ...

More Details

Technology & IT | Sunday 15 October, 2023 8:43 am

Cryptocurrencies pose potential threat to financial stability: SAMA

Cryptocurrencies and their brokers pose a potential threat to financial stability, said Ayman Al-Sayyari, Governor of the Saudi Central Bank, during the meeting of the G20 Finance Ministers and Central Bank Governors.   He added that cryptocurrencies need well-coordinated supervision ...

More Details

Technology & IT | Sunday 15 October, 2023 3:02 am

du sets industry standard with 98.5% population coverage of 5G, paving the path to the 5G Advanced era

du, from Emirates Integrated Telecommunications Company (EITC), has achieved 98.5% 5G population coverage across the UAE as it continues to cement its leadership in delivering cutting-edge connectivity. The milestone reaffirms du's commitment to providing customers with future-ready network...

More Details

Business & Money | Saturday 14 October, 2023 4:00 am

New Abha Int’l Airport master plan to boost air traffic, tourism programs: Al-Jasser

The master plan for the new Abha International Airport entails raising the passenger capacity, number of flights and expanding the air connectivity of Asir region, the SPA reported, citing Saleh Al-Jasser, Minister of Transport and Logistics Services and Chairman of the General Authority of Civil...

More Details

Business & Money | Saturday 14 October, 2023 3:41 am

Air Liquide reinforces commitment to invest in Saudi Arabia

Air Liquide has completed the acquisition of TAQA’s stake in Air Liquide Arabia (ALAR). The Group is well-positioned to further grow its already strong presence in the Gulf Cooperation Council (GCC) region, in particular in Saudi Arabia. Accordingly, Air Liquide will pursue the opportunities...

More Details

Environment & Energy | Saturday 14 October, 2023 3:34 am

The Department of Community Development to showcase 6 innovative digital projects at GITEX Technology Week 2023

The Department of Community Development - Abu Dhabi is pleased to announce its participation in GITEX Technology Week 2023, the largest technology and artificial intelligence exhibition in the Middle East and North Africa, which will be held from 16 to 20 October at Dubai World Trade...

More Details

Environment & Energy | Saturday 14 October, 2023 3:29 am

Arabsat Unveils Cutting-edge Agricultural Technologies at Arab Food Security Conference & Exhibition 2023

Arab Satellite Communications Organization (Arabsat), the foremost satellite services provider in the Arab world and a global leader in satellite operations, has successfully concluded its participation in this year’s Arab Food Security Conference & Exhibition at the Hôtel Du Golf Rotana...

More Details

Technology & IT | Saturday 14 October, 2023 3:25 am

Deloitte launches "Future of Government" to generate solutions that improve citizen’s lives

Deloitte Middle East announced the launch of the "Future of Government," a think-tank to support governments to enhance their services and improve the lives of their citizens. The Deloitte initiative brings together the best government and digital transformation experts to re-imagine the...

More Details

Environment & Energy | Saturday 14 October, 2023 3:20 am

Fujairah Crown Prince Highlights Fujairah’s Strategic Role in Supporting Global Energy Market

H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, highlighted Fujairah’s strategic role in supporting global energy markets, as well as its significance as a vital economic hub for international companies.   Fujairah has established itself as a...

More Details