Government | Wednesday 8 May, 2024 10:31 am

UAE Ministry of Finance Establishes Framework to Enable Sustainable Public-Private Partnerships

The UAE Ministry of Finance is committed to enhancing public-private partnerships and recognises the significant role that such collaboration plays in the socio-economic development of the UAE. It also enhances sustainable economic development and achieves comprehensive prosperity for all members...

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Business & Money | Tuesday 7 May, 2024 12:08 pm

UAE Ministry of Finance Meets with IMF Article IV Consultation Mission

His Excellency Younis Haji Al Khoori, Undersecretary of the UAE Ministry of Finance, today met with the International Monetary Fund (IMF) Article IV consultation mission, at the Ministry’s headquarters in Abu Dhabi. The meeting was attended by Ali Abdullah Sharafi, Acting Assistant...

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Tourism & Hospitality | Tuesday 7 May, 2024 11:38 am

Tourism projected to account for 12% of UAE GDP this year, as GCC policymakers gather to discuss future of regional travel at ATM 2024

Gulf-wide collaboration, ease of inter-regional travel and infrastructure development were placed under the microscope at Arabian Travel Market (ATM) 2024, which saw a selection of policymakers discuss the streamlining of the GCC’s thriving tourism industry. The 31st edition of ATM is being...

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Government | Monday 6 May, 2024 8:33 am

Sharjah Petroleum Council announces discovery of new reserves at Al Hadiba gas field

The Sharjah Petroleum Council (SPC), a Government of Sharjah undertaking, has announced the discovery of new gas reserves in Al Hadiba field, located north of the Al Sajaa Industrial Area in Sharjah, in promising economically viable quantities.The new field was discovered after the Sharjah National ...

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Tourism & Hospitality | Monday 6 May, 2024 8:26 am

Sharjah Chamber concludes participation in International Handicraft Exhibition in Florence

The Sharjah Chamber of Commerce and Industry (SCCI), represented by the “Emirati Goldsmiths” Platform, wrapped up its participation in the International Handicrafts Trade Fair (MIDA) held in Florence, Italy, from April 24 to May 2. This participation underscores the SCCI’s commitment to...

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Government | Monday 6 May, 2024 6:43 am

“Ajman Finance” supports government agencies in the emirate in implementing the service cost calculation guide

The Department of Finance in Ajman recently held a number of in-person and virtual meetings with representatives of government departments in the Emirate of Ajman to follow up on the implementation of the government services cost calculation guide adopted by Sheikh Ahmed bin Humaid Al Nuaimi...

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Business & Money | Sunday 5 May, 2024 9:35 am

Emirates NBD gears up to accelerate financial innovation at second edition of Dubai FinTech Summit

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, will be marking its presence, as the Founding Partner and Premium Banking Partner, at the upcoming second edition of Dubai FinTech Summit (DFS), cementing its ongoing commitment to spearheading...

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Business & Money | Sunday 5 May, 2024 9:14 am

Chinese business owners explore investment opportunities in Ras Al Khaimah

A group of 34 Chinese business owners recently visited Ras Al Khaimah to explore the dynamic business environment and investment opportunities within Ras Al Khaimah Economic Zone (RAKEZ). During their visit, the group toured the state-of-the-art facilities of U-PAK and Mabani Steel in...

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Environment & Energy | Saturday 4 May, 2024 12:11 am

Electric Mobility in GCC – Green Growth Opportunities for Utility Companies

The world is facing a climate emergency. For centuries, fossil fuels have been the backbone of industry and economic growth, but the emissions they release into the atmosphere have eroded the Earth’s natural defences, placing life in all its forms under threat. Responsible for around a quarter of ...

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Business & Money | Friday 3 May, 2024 1:00 pm

NMDC Group reports 112% surge in Q1 2024 net profits

NMDC Group has announced its financial results for the first quarter of 2024 (Q1 2024), reporting a 67% growth in revenues and a 112% surge in net profits compared to the same period last year. In addition, NMDC Group announced the launch of new projects and the commencement of strategic...

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