Global Alliance on Green Economy launched during WGES in Dubai

DUBAI, The World Green Economy Summit (WGES), which kicked off today at the Dubai World Trade Centre, saw the launch of the ‘Global Alliance on Green Economy’.   The ‘Global Alliance on Green Economy’ aims to build a coalition of countries, prioritising a green economy in the context of climate action and sustainable development, to… Continue reading Global Alliance on Green Economy launched during WGES in Dubai

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Former President of World Bank sounds ‘terrible global recession’ alarm bell

SHARJAH, Dr. Jim Yong Kim, Former President of the World Bank Group, has attributed the current global inflation partly to the US$6 trillion worth of stimulus provided by the US to tackle the consequences of the COVID-19 pandemic.   “There are many things that are happening at the same time. We just experienced the worst… Continue reading Former President of World Bank sounds ‘terrible global recession’ alarm bell

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Editor-in-Chief of Forbes hails UAE stabilising currency against US Dollar

SHARJAH, Steve Forbes, Chairman and Editor-in-Chief of Forbes, has hailed the UAE stabilising its currency against the US Dollar as “very successful” in fighting inflation.   “Today, unfortunately central banks mistakenly believe they fight monetary inflation by not stabilsing their currencies. The UAE has stabilised their currency against the US Dollar for years very successfully,”… Continue reading Editor-in-Chief of Forbes hails UAE stabilising currency against US Dollar

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Dubai Chamber of Commerce, Hatta Traders Council discuss joint plans and initiatives

Dubai, Dubai Chamber of Commerce recently hosted a meeting at its headquarters that was joined by members of the Hatta Traders Council where representatives from both sides discussed new projects, plans and initiatives to support Hatta’s entrepreneurial ecosystem and drive the area’s economic growth and development.   Participants discussed explored new ways to collaborate and… Continue reading Dubai Chamber of Commerce, Hatta Traders Council discuss joint plans and initiatives

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National carriers increase flights to Oman to 79 flights per week

ABU DHABI, The UAE national carriers have increased their flights to the Sultanate of Oman over the past years in a move aimed at keeping pace with customer demand and the steady growth of air traffic between the two countries based on the deep historical relations and solid economic and cultural ties between the two… Continue reading National carriers increase flights to Oman to 79 flights per week

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Etihad Credit Insurance sets up representative office in SCCI

DUBAI, Etihad Credit Insurance (ECI) has established its new representative office in Sharjah to boost the country’s economic diversification programmes and support its export, re-export, and foreign investment to increase the non-oil trade contribution to the national GDP.   The launching of the new representative office is aimed at expanding ECI’s reach in the northern… Continue reading Etihad Credit Insurance sets up representative office in SCCI

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DP World’s Tumoohi, UAE-based organisations renew their commitment to raise future Emirati leaders

DUBAI, DP World’s dedication to the UAE government’s mission of empowering talented young Emiratis and commitment to investing in the next generation of logisticians, trade professionals and the leaders of tomorrow has prompted them to support several initiatives to drive Emiratisation within the UAE.   Tumoohi is one of DP World’s key initiatives to provide… Continue reading DP World’s Tumoohi, UAE-based organisations renew their commitment to raise future Emirati leaders

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UAE, Georgia begin talks on Comprehensive Economic Partnership Agreement

TBILISI, The first round of talks to reach a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Republic of Georgia are ongoing in the Georgian capital, Tbilisi.   The agreement aims to drive economic growth in the two countries and boost the deep and growing relations between the two countries.   Dr. Thani… Continue reading UAE, Georgia begin talks on Comprehensive Economic Partnership Agreement

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OPEC daily basket price stands at $89.50 a barrel Monday

VIENNA, The price of OPEC basket of thirteen crudes stood at $89.50 a barrel on Monday, compared with $92.67 the previous Friday, according to OPEC Secretariat calculations.   The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran… Continue reading OPEC daily basket price stands at $89.50 a barrel Monday

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UAE’s industrial leaders head to USA to join global dialogue on net-zero future of manufacturing

PITTSBURGH, Pennsylvania, US, As co-chair of the Global Manufacturing and Industrialisation Summit (GMIS), the UAE Ministry of Industry and Advanced Technology (MoIAT) will lead a UAE delegation of high-level government and industry leaders on a visit to the City of Pittsburgh to participate in a global platform that will shape the future of manufacturing in… Continue reading UAE’s industrial leaders head to USA to join global dialogue on net-zero future of manufacturing

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Abu Dhabi to host World Union of Wholesale Markets Conference 2022

ABU DHABI, Each year the world produces more food than it consumes, yet as much as a third of all fresh food produced is loss or wasted before it reaches our tables, according to a recent study by the United Nations Environment Programme (UNEP).   Experts are calling for better and smarter food supply and… Continue reading Abu Dhabi to host World Union of Wholesale Markets Conference 2022

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WETEX & Dubai Solar Show kicks off on 27 September with the participation of 1,750 companies from 55 countries

The 24th Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) will kick off tomorrow (Tuesday, 27 September). The exhibition is held under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and the patronage of HH Sheikh Ahmed… Continue reading WETEX & Dubai Solar Show kicks off on 27 September with the participation of 1,750 companies from 55 countries

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