The United Arab Emirates (UAE) and Egypt are expected to reap significant benefits from the recent reordering of the global trade framework led by the United States, according to Ebru Pakcan, the CEO of Citigroup Mena. This insight indicates a favorable outlook for these two countries compared to others in the Mena region. Credit: Reuters...
I. M. Sechenov First Moscow State Medical University and the Department of Health – Abu Dhabi have entered into a partnership aimed at advancing biomedicine and clinical research. This collaboration was formalized through a memorandum signed at the Abu Dhabi Global Health Week, a significant international forum held in the UAE capital. The press service...
The General Authority for the Suez Canal Economic Zone (SCZone) has signed a $25 million contract with Indian firm Willow Ferro to establish a metal industries project in the Technology Valley, located east of Ismailia in Sinai. This project aims to enhance the local industrial landscape and is set to begin operations with the production...
Abu Dhabi-based Lunate has announced it is taking a stake in Azura Partners, a rapidly growing wealth management firm founded by former Julius Baer Group Ltd. executive Ali Jamal. This collaboration will enable Azura to increase its hiring and expand its product offerings in an effort to boost its assets under management, which currently total...
Animoca Brands, a Hong Kong-based company specializing in Web3 technologies, has announced the opening of its first office in the Middle East located in Dubai. This move aims to provide crucial support for startups in the United Arab Emirates (UAE), focusing on addressing gaps in financing, mentorship, and market access for early-stage businesses. The company’s...
Indonesia’s Minister of Manpower Yassierli recently announced plans for collaborative training initiatives with the United Arab Emirates (UAE) and China. This announcement came during discussions with the UAE Minister of Human Resources and Emiratisation, Abdulrahman Al Awar. The Indonesian Labour Ministry’s press release highlighted that Indonesia is ready to cooperate on internships and workforce training,...
The Department of Health – Abu Dhabi (DoH) has officially partnered with Microsoft to create a ‘Population Health Intelligence’ framework. This collaboration aims to enhance public health management through an advanced learning system that will continuously address and respond to public health challenges. Under the memorandum of understanding, DoH will leverage Microsoft’s cloud and artificial...
The UAE fuel price committee has disclosed the petrol and diesel prices for May 2025. Super 98 petrol will cost Dh2.58 per litre, marking a slight increase from Dh2.57 in April. Meanwhile, Special 95 petrol will be priced at Dh2.47 per litre, up from Dh2.46 in the previous month. In addition, E-Plus petrol will be...
ALTÉRRA, recognized as the world’s largest private climate investment vehicle, has made a significant move by co-investing $100 million in the Indian renewable energy firm Evren. This investment, executed in collaboration with Brookfield Asset Management and other investors, is intended to enhance the deployment of clean energy in India, which is one of the fastest-growing...
Dubai International Airport (DXB) experienced a remarkable start to 2025 by welcoming 23.4 million guests in the first quarter. This figure highlights the airport’s robust recovery and strengthens its position as one of the world’s leading aviation hubs. Credit: Government of Dubai Media Office The number of guests marks a significant increase, reinforcing DXB’s status...