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UAE tops Arab countries as best FDI attraction hub

ABU DHABI, The United Arab Emirates has been ranked as the best country in the Arab World in terms of attraction of Foreign direct investment (FDI) for 2021, according to the newly released United Nations Conference on Trade and Development’s (UNCTAD) …

AD Ports Group signs Head of Terms Agreement with Uzbekistan’s Enter Engineering Group

ABU DHABI, AD Ports Group has signed a Head of Terms agreement with Enter Engineering Group to launch new businesses providing logistics and freight forwarding services in the Central Asian nation of Uzbekistan.Under the agreement, the two companies wi…

OPEC daily basket price stood at $123.21 a barrel Thursday

VIENNA, The price of OPEC basket of thirteen crudes stood at $123.21 a barrel on Thursday, 9th June, compared with $121.54 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes (ORB) is made up of the followin…

Dubai Chambers joins Dubai Can sustainability initiative to reduce plastic waste

DUBAI, Dubai Chambers has announced its participation in the Dubai Can sustainability initiative by launching a special campaign for its employees to reduce the use of single-use plastic water bottles at the organisation’s headquarters.The announcement…

DMCC boosts Dubai-US relations through agreement with Brooklyn Chamber of Commerce

DUBAI, DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has signed an agreement with the United States’ Brooklyn Chamber of Commerce that will see the two entities work together on a number o…

UAE delegation calls for progressive climate action at Bonn Climate Conference

BONN, Germany, A UAE delegation of climate diplomats have stated the case for progressive climate action as an enabler for global stability, low-carbon economic progress and inclusive prosperity at the Bonn Climate Change Conference for the 56th sessio…

UAE chairs 65th session of United Nations Committee on Peaceful Uses of Outer Space

VIENNA, The UAE, represented by Omran Sharaf, Director of the Emirates Mars Mission (EMM), chaired the 65th session of the United Nations Committee on the Peaceful Uses of Outer Space (COPUOS).During the session, the committee’s members approved the dr…

UAE, European Union explore further cooperation

ABU DHABI, Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan, Minister of State, has received Jutta Urpilainen, Commissioner for International Partnerships at the European Union, and explored further cooperation between the UAE and the EU, especially w…

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