Author: UPPERNEWS TEAM (UPPERNEWS TEAM)

UAE Launches $60 Million Initiative for Visually Impaired Students in Ethiopia
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UAE Launches $60 Million Initiative for Visually Impaired Students in Ethiopia

The United Arab Emirates has announced a significant $60 million (AED 220 million) initiative aimed at enhancing educational opportunities for visually impaired students across Ethiopia. This initiative is being implemented by the Khalifa Bin Zayed Al Nahyan Foundation in collaboration with the Federal Democratic Republic of Ethiopia, building on the success of the Sheikha Fatima...

UAE Ministry of Finance Unveils Consultation Document for eInvoicing Implementation
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UAE Ministry of Finance Unveils Consultation Document for eInvoicing Implementation

The Ministry of Finance of the UAE has published a public consultation document detailing the planned implementation of eInvoicing in the country. This document, titled the eInvoicing Programme Consultation Paper, spans 168 pages and outlines the main features and framework of the proposed eInvoicing model, including specific use cases and anticipated data requirements. According to...

Abu Dhabi's Sovereign Wealth Fund Invests $436 Million in Bitcoin ETFs in Q1
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Abu Dhabi’s Sovereign Wealth Fund Invests $436 Million in Bitcoin ETFs in Q1

Abu Dhabi’s Sovereign Wealth Fund (ADSWF) has made a noteworthy investment of $436 million in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2025. Such large acquisitions by sovereign funds may influence market dynamics and investor sentiment, as they signal increasing confidence in Bitcoin and could drive further institutional investments. This investment, recorded on...

Nio to Launch UAE’s First Battery Swap Station by End of February
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Nio to Launch UAE’s First Battery Swap Station by End of February

Shanghai-based electric vehicle (EV) manufacturer Nio is preparing to open its first battery swap station in the Middle East later this month. An internal source revealed that the station has already been powered up and is currently undergoing testing, with a launch anticipated by the end of February. As reported by Electric-Vehicles.com, the approval process...

UAE Implements Vertical Farming to Reduce Crop Prices
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UAE Implements Vertical Farming to Reduce Crop Prices

UAE is increasingly turning to vertical farming as a strategy to lower crop prices. As businesses venture into agricultural projects, they are finding it easier to get their products on supermarket shelves, improving their chances of profitability. The rise of both advanced vertical farms and traditional farming methods across the region is making a significant...

Abu Dhabi Fund for Development Reaches AED229 Billion in Total Funding
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Abu Dhabi Fund for Development Reaches AED229 Billion in Total Funding

The Abu Dhabi Fund for Development (ADFD) has officially reached a total funding amount of approximately AED229 billion, as announced during the World Governments Summit 2025, which was held in Dubai. The summit, themed “Shaping Future Governments,” gathered government leaders, ministers, senior officials, and global experts from various sectors to exchange knowledge and strategies for...

FastBull Finance Summit Set for April 2025 in Dubai
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FastBull Finance Summit Set for April 2025 in Dubai

FastBull Finance Summit has announced its inaugural event in Dubai, scheduled for April 16-17, 2025. The summit will take place at the renowned Coca-Cola Arena and aims to bring together industry leaders, investors, and financial experts for two days filled with important discussions, innovative trends, and valuable networking opportunities. The event will run from 10:00...