Venture asset manager Sigma Capital has launched the Sigma Capital Fund I, a $100 million initiative aimed at reinforcing the UAE’s position as a leader in blockchain innovation and institutional investment. This fund is designed to stimulate advancements in Web3, specifically targeting early-stage ventures in the region and beyond. The scope of the Fund includes...
Driss El Hilali, who serves as the President of the Arab Taekwondo Federation and the Mediterranean Union of Taekwondo, as well as the First Vice President of the African Taekwondo Union and a member of the International Taekwondo Federation, has commended the United Arab Emirates for its substantial contributions to the development of taekwondo. He...
During the World Future Energy Summit at Abu Dhabi Sustainability Week, BEEAH announced plans to build the Middle East’s first commercial-scale waste-to-hydrogen plant in Al Sajaa, Sharjah. The project is a collaboration with the UAE’s Ministry of Energy and Infrastructure (MoEI) and international technology firms Chinook Hydrogen from the UK and Air Water from Japan....
Governor of Alaska, Mike Dunleavy, underscored the importance of the sustainable development sector as a foundation for a prosperous future during his remarks at Abu Dhabi Sustainability Week. He stressed that international collaboration between the UAE and Alaska is essential, as such partnerships promote the sharing of expertise and innovative solutions aimed at achieving common...
Dubai International Airport (DXB) has maintained its position as the busiest international airport in the world for 2024, accommodating 60.236 million airline seats. This figure represents a 7 percent increase compared to the previous year, as reported by global aviation consultancy OAG. Notably, this year’s seat count is also 12 percent higher than the pre-pandemic...
At the World Future Energy Summit (WFES), Etihad Water and Electricity (EtihadWE), in partnership with the Ministry of Energy and Infrastructure (MoEI), RAK Municipality, and RAK Public Services Department, announced a series of ambitious sustainability initiatives. These initiatives are designed to support the resolutions of H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member...
H.H. Sheikh Saud bin Saqr Al Qasimi, the Supreme Council Member and Ruler of Ras Al Khaimah, met with a delegation from the UAE Journalists Association. This delegation included prominent media leaders and journalists from the Gulf region, the Arab world, and other global communities. The meeting took place at his Palace in Saqr bin...
The Gulf Cooperation Council (GCC) is strategically harnessing the rising global demand for sustainable finance to diversify its economies and advance towards net-zero goals. A new report by KPMG Lower Gulf and First Abu Dhabi Bank (FAB) highlights the critical role that sustainable finance plays in fostering economic growth, job creation, and diversification throughout the...
On January 16, 2025, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, will honor six distinguished winners of the Great Arab Minds 2024 initiative at a ceremony held at the Museum of the Future in Dubai. This initiative is the largest of its kind in the Arab...
The Ministry of Education (MoE) has officially launched a nationwide competition for public schools called ‘My School… My Identity’. This initiative invites both students and teachers to creatively transform their schools into lively spaces that celebrate the rich Emirati cultural heritage. According to WAM, Sarah Al Amiri, the Minister of Education, said that the competition...