ABU DHABI, Hub71, Abu Dhabi’s global tech ecosystem, today announced that its startup community ramped up approximately AED 1.5 billion of investments since inception and secured AED 30 million in 2021 through over 20 corporate deals during the year.Th…
Category: Domestic Affairs
UAE is a prime example of an economic miracle: President of New Development Bank
DUBAI, Marcos Troyjo, President of the New Development Bank, said that the UAE is a “prime example of an economic miracle”, while speaking at the fourth edition of the Global Business Forum Latin America (GBF LATAM) 2022, which kicked off earlier today…
Mohamed bin Zayed, President of Azerbaijan review advancing clean energy cooperation
ABU DHABI, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of of Azerbaijan, Ilham Aliyev, today explored the avenues of advancing the bilateral relations be…
Maktoum bin Mohammed meets with CEO of Citigroup
DUBAI, H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today met with Jane Fraser, CEO of Citigroup, one of the world’s largest banking and financial services corporations.Du…
OPEC daily basket price stands at $113.84 a barrel Monday
VIENNA, The price of OPEC basket of thirteen crudes stood at US$113.84 a barrel on Monday, compared with US$109.12 the previous Friday, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the following: Saharan …
Abu Dhabi Chamber discusses economic cooperation with Turkey’s ULUSKON
ABU DHABI, The Abu Dhabi Chamber of Commerce and Industry and the International Investment and Business Confederation (ULUSKON) discussed setting up trade and investment partnership between the two establishments.This came during a meeting between Moha…
Middle East market remains promising for Vietnamese exporters: Experts
HANOI, With a population of 400 million, the Middle East is emerging as a promising market for Vietnamese exporters, the Vietnam News Agency (VNA) quoted experts as saying.According to VNA, the Middle East – thanks to the rising oil prices – is enjoyin…
Ministry of Industry and Advanced Technology and Procter and Gamble conclude Access SMEs Program
DUBAI, The Ministry of Industry and Advanced Technology (MoIAT) and Procter & Gamble (P&G) Middle East today concluded the Access SMEs programme within the wider Make it in the Emirates Lab, a recently launched public-private in…
ADNOC expands strategic partnerships across hydrogen value chain with leading German companies
ABU DHABI, Abu Dhabi National Oil Company (ADNOC) announced today that it has signed new memorandum of understanding (MoU) and joint study agreements (JSA) with counterparts in Germany in order to accelerate and deepen collaboration in clean hydrogen.T…
Japanese Foreign Minister highlights UAE-Japan strategic partnership
TOKYO, Japanese Foreign Minister Yoshimasa Hayashi said that the United Arab Emirates is a strategically important country to Japan, especially in energy security.In a statement to the Emirates News Agency (WAM), Minister Hayashi said that his visit to…
ADGM FSRA publishes consultation paper to advance its capital markets framework
ABU DHABI, To continue its innovative and progressive leadership in financial markets, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) Monday announced that it has published a consultation paper proposing significan…
Dubai Customs organises 2022 quarterly DCCC meeting
DUBAI, In its first quarterly meeting in 2022, Dubai Customs Consultative Council (DCCC) applauded Dubai’s exceptional hosting of Expo 2020 Dubai.Ahmed Mahboob Musabih, Director-General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation …