The UAE Ministry of Economy, in collaboration with Integra Seven, a notable public policy research and consulting firm, hosted the ‘Future of Jobs’ workshop in Dubai. This event gathered senior representatives from 14 significant economic entities and companies across the nation, focusing on strategies aimed at empowering, attracting, and retaining talented individuals to align with...
Two major state-owned oil companies from the UAE and Saudi Arabia have announced a reduction in their benchmark crude oil prices. Saudi Aramco, recognized as the world’s leading oil exporter, has lowered its crude oil prices for Asian buyers in April for the first time in three months. This decision aligns with market expectations following...
UAE-based healthtech company Klaim has successfully raised $26 million to enhance its payment solutions for the healthcare sector. The funding includes $10 million from a Series A equity round, supplemented by an additional $16 million in financing. The newly acquired funds will facilitate Klaim’s expansion into markets such as the UAE, Saudi Arabia, and Oman....
The UAE Ministry of Higher Education and Scientific Research has introduced new regulations for recognizing foreign university degrees, specifically targeting those obtained through online and distance learning programs. These updates are designed to streamline the recognition process and ensure that all qualifications adhere to the standards established by the UAE government. Under the revised guidelines,...
The United Arab Emirates (UAE) and the European Union (EU) have strengthened their cooperation in the fields of energy, climate, and water sustainability during a recent two-day visit by Abdulla Ahmed Balalaa, the Assistant Minister of Foreign Affairs for Energy and Sustainability. The discussions, which took place in Brussels from March 6-7, 2025, aimed to...
The UAE Ministry of Higher Education and Scientific Research has announced updates to its policies regarding the recognition of foreign university degrees. These changes are aimed at improving the acceptance of degrees obtained through various non-traditional educational methods. Under the new regulations, the ministry will now grant conditional recognition to degrees acquired through distance learning,...
The Sharjah Ramadan Majlis 2025 convened on Thursday in Mleiha, focusing on the future of Sharjah’s industrial sector and its significant impact on the local economy. The discussion highlighted multiple strategies aimed at enhancing economic development in the region, fostering partnerships between government entities and private stakeholders. According to WAM, the event featured various experts...
Dubai has earned the title of the world’s top destination for Greenfield Foreign Direct Investment (FDI) projects for the fourth consecutive year. In 2024, the emirate attracted an estimated AED52.3 billion ($14.24 billion) in FDI capital, reflecting a significant 33.2% increase from AED39.26 billion ($10.69 billion) in 2023. This marks the highest FDI value recorded...
Dubai’s Roads and Transport Authority (RTA) is making strides in its digital transformation by shifting its services to self-service models. This change allows customers to access various services through shared digital platforms, notably the “Dubai Now” app. Mattar Al Tayer, the Director General and Chairman of the Board of Executive Directors of RTA, announced the...
The United Arab Emirates has announced that students and young researchers under the age of 21 will no longer have to pay registration fees to file patents. This new initiative, part of the “Patent Hive” project launched by the Ministry of Economy, aims to enhance the patent granting rate and encourage innovative individuals to apply...