The United Arab Emirates University (UAEU) has announced the launch of a new PhD program in Geographic Information Science, set to begin in the academic year 2025. This program will be offered by the Department of Geography and Urban Sustainability, which is part of the College of Humanities and Social Sciences. This initiative aims to...
Emirates NBD, the banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has launched the ‘Emirati Business’ package, specifically designed for businesses owned by UAE Nationals. This new offering aims to provide a comprehensive suite of services and benefits, enhancing the banking experience for Emirati entrepreneurs. The introduction of the Emirati Business...
Grocery orders made by residents of the UAE at 4am have seen a significant increase of 70 percent during Ramadan, according to data released by the local company Careem. This surge in orders reflects the unique eating habits of those observing the fast during the holy month, as the figures were compiled from Careem’s Everything...
Abu Dhabi’s AD Ports Group has announced the formation of a joint venture with Columbia Group, a globally recognized platform in maritime, logistics, tourism, and energy sectors. This collaboration aims to enhance their operations in the shipping industry. The partnership will leverage the strengths of both companies to provide a comprehensive range of shipping and...
Sheikh Mohammed bin Zayed Al Nahyan, the President of the United Arab Emirates, sent a congratulatory message to His Excellency Mohammad Shahabuddin, the President of Bangladesh, on the occasion of the country’s Independence Day. This communication highlights the strong diplomatic ties between the two nations. In his message, Sheikh Mohammed expressed his best wishes to...
UAE and Saudi Arabian companies are increasingly using long-term salary bonuses as a strategy to attract top executive talent. A report by Cooper Fitch reveals that over 50% of chief executives in Saudi Arabia receive more than six months’ worth of their basic salary in bonuses. This trend indicates a significant shift in how companies...
The Turkey Wealth Fund, which is state-backed, has successfully secured its first loan without requiring a treasury guarantee, with backing from banks listed in the UAE. According to a report by Daily Sabah, the sovereign fund raised €1.1 billion (approximately $1.2 billion) through a two-year syndicated loan involving 20 banks from 12 different countries. The...
The UAE Ministry of Investment has partnered with Emirates NBD Capital to increase international investment inflows into the UAE. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to strengthen the UAE’s position as a global investment hub by enhancing cooperation and investor engagement. The MoU was signed by His Excellency Mohammad Abdulrahman Alhawi,...
e& UAE and Microsoft have introduced the AI for Business Skilling Programme, aiming to equip small and medium-sized businesses (SMBs) with essential skills in artificial intelligence (AI). This initiative highlights both companies’ dedication to promoting AI-led digital transformation and providing SMBs with the necessary tools and knowledge to succeed in today’s AI-centric business environment. The...
Australian fintech startup InDebted has officially launched its operations in the United Arab Emirates (UAE). This expansion marks the company’s entry into its seventh market since it was established in 2016. InDebted specializes in digital debt collection solutions, employing artificial intelligence to provide personalized repayment options for its clients. The company places a strong emphasis...