Abu Dhabi’s sovereign wealth fund, ADQ, has announced plans to initiate a takeover offer for the logistics company Aramex. The proposal aims to acquire shares that ADQ does not already own in the courier firm. This move was disclosed in a filing to the stock exchange on Monday as part of ADQ’s strategy to strengthen...
NRDX, an innovative stock and CFD brokerage firm, is set to make its debut at the iFX EXPO Dubai 2025, which will be held from January 14 to 16 at the Dubai World Trade Centre. The firm aims to disrupt the retail investing space with a compelling value proposition for traders and Introducing Brokers (IBs)....
On January 12, 2025, Dr. Amna bint Abdullah Al Dahak, the UAE Minister of Climate Change and Environment, participated in the 15th IRENA Assembly held in Abu Dhabi. During her address, she emphasised the UAE’s commitment to accelerating the global energy transition through collaboration, inclusivity, and strategic partnerships. In her remarks, Dr. Al Dahak reiterated...
The industrial sector in the UAE has experienced a notable increase in financing, bolstered by strong support from both government and private entities. This collaborative effort is essential for driving industrial growth and achieving the ambitious goals set forth in the “Operation 300 Billion” initiative. The financial support is crucial, as a well-funded industrial sector...
The Abu Dhabi Music & Arts Foundation (ADMAF) has officially signed a Memorandum of Understanding (MoU) with the China Shanghai International Arts Festival. This agreement aims to enhance cultural cooperation and understanding between the United Arab Emirates and China, coinciding with the celebration of four decades of diplomatic relations between the two countries. As reported...
Abu Dhabi is preparing to host the third round of the UAE Formula 4 Powerboat Championship on January 18-19, 2025. This exciting event is organized by the Abu Dhabi Marine Sports Club and will take place on the picturesque waters of the Abu Dhabi Corniche. The championship will feature high-speed powerboats, showcasing both speed and...
In Thailand last April, Nation TV introduced its first AI news anchor, Natcha, who delivered the evening headlines with lifelike expressions and a natural voice. Her debut marked a glimpse into the rapidly growing field of synthetic media, a trend expected to accelerate this year, as reported by The National. AI is making waves in...
Dubai has unveiled a ground-breaking initiative for content creators through a collaboration between the newly launched Creators HQ and Meta, the company behind Facebook, Instagram, and WhatsApp. The program, called ‘Creators for Purpose,’ aims to help influencers in the region generate meaningful and positive content on social media platforms like Instagram and Facebook. As reported...
The Ministry of Human Resources and Emiratisation (MoHRE) has revealed that youth now account for over 51% of the UAE’s labor force. This statistic underscores the significant role that younger generations play in the country’s workforce dynamics. Additionally, the report highlights a remarkable nearly 21% increase in women’s participation in the job market, reflecting ongoing...
Big Ticket is set to kick off 2025 with a thrilling range of prizes and promotions aimed at transforming lives. The highlight of this campaign is a grand prize of Dh25 million, along with weekly millionaire draws throughout January. As reported by Gulf News, this initiative is designed to create impressive opportunities for participants, making...