HRE Development, a leading real estate company based in Dubai, has announced its role as the main sponsorship partner for the Fazza International Championships for People of Determination 2025. This partnership is in collaboration with the Dubai Land Department (DLD), the Dubai Club for People of Determination, and the Dubai Sports Council. The championships are...
Author: UPPERNEWS TEAM (UPPERNEWS TEAM)
ADQ Plans Takeover of Aramex to Enhance Logistics Portfolio
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 Launches as a Disruptive Brokerage at iFX EXPO Dubai 2025
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)....
UAE Reaffirms Commitment to Global Energy Transition at IRENA Assembly
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...
UAE’s Industrial Sector Sees Surge in Financing Amid Growth Initiatives
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...
Abu Dhabi Music & Arts Foundation Signs MoU with China Shanghai International Arts Festival
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 to Host Third Round of UAE Formula 4 Powerboat Championship
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...
AI Media Revolutionising News, Gaming, and Advertising
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 and Meta Join Hands for First-of-its-Kind Creators Program
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...
Youth Make Up Over 51% of UAE Labor Force, MoHRE Reports
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...