Government | Wednesday 29 May, 2024 1:01 pm

Ministry of Energy and Infrastructure, Technology Innovation Institute to build 3D maps of UAE’s mineral, renewable resources

The Ministry of Energy and Infrastructure (MoEI) signed a pivotal collaborative agreement with the Technology Innovation Institute, to build 3D maps of the nation’s natural resources, a crucial step towards supporting sustainable development and the discovery of mineral resources and renewables...

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Government | Wednesday 29 May, 2024 12:34 pm

UAE ranks 5th in road quality, 9th in port services, 10th in public transport

The UAE ranked fifth globally and first among Arab countries in road quality, ninth globally and first among Arab countries in the efficiency of port services, and 10th globally and second among Arab countries in the efficiency of public transport services, according to the Travel and Tourism...

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Government | Tuesday 28 May, 2024 1:32 pm

Minister of Economy and Planning Meets OFID's Director General

Minister of Economy and Planning, Faisal bin Fadhil Alibrahim, met with the Director General of the OPEC Fund for International Development (OFID), Dr. Abdulhameed Abdulhamid Al Khalifah, during his official visit to the Republic of Austria.During the meeting, they discussed issues of mutual...

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Government | Tuesday 28 May, 2024 8:41 am

Sharjah Chamber enhances cooperation with Hong Kong in international commercial arbitration

The Sharjah Chamber of Commerce and Industry (SCCI) and a high-level judicial delegation from the Hong Kong Special Administrative Region, explored avenues for enhancing cooperation in the field of commercial and investment laws. Both sides also discussed establishing a strategic partnership...

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Government | Sunday 26 May, 2024 11:44 am

Ajman Department of Finance, Marsa Properties Sign Agreement to Enhance Emirate’s Investment Environment

The Ajman Department of Finance has finalised a service provision agreement with the independent government company Marsa Properties, allowing it to utilise the services of the ‘Tawreed’ platform within the Ajman government. The collaboration aims to create an attractive investment environment...

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Government | Sunday 26 May, 2024 11:41 am

AD Ports Group launches Maritime Sustainability Research Centre

AD Ports Group, a leading facilitator of global trade, logistics and industry, today launched The Maritime Sustainability Research Centre, Abu Dhabi (MSRCAD), a non-profit agency dedicated to joint industry-government academia research, with a focus on sustainability and innovation. The...

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Government | Sunday 26 May, 2024 11:38 am

UAE tourism sector expected to contribute 12% to GDP in 2024, UN tourism meeting told

The UAE's tourism sector contributed AED220 billion to the GDP in 2023, accounting for 11.7 percent of the overall economy, This upward trend is expected to continue in 2024, with projections indicating the sector will reach AED236 billion and account for an even greater share of the GDP at 12...

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Government | Sunday 26 May, 2024 8:58 am

ZATCA sets measures for selecting entities at 12th phase of e-invoicing

The Zakat, Tax and Customs Authority (ZATCA) determined measures for selecting target establishments at the 12th category to apply the integration phase of e-invoicing.   In a statement, the authority added that the 12th category includes all entities whose revenues, inclusive of...

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Government | Saturday 25 May, 2024 12:02 am

ADIB wins 4 major accolades at Euromoney Islamic and Excellence Finance Awards

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been awarded four prestigious awards at Euromoney Islamic and Excellence Finance Awards 2024, serving as a significant tribute to the bank's exceptional performance and unwavering commitment to redefining innovation in...

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Government | Saturday 25 May, 2024 12:00 am

CBUAE Governor, IMF mission discuss UAE financial, banking sector developments

Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), met with a mission from the International Monetary Fund (IMF), led by Ali Al-Eyd, during the 2024 Article IV Consultation to discuss the UAE’s economic and financial developments. The meeting encompassed a review of the...

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