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Category: Economy
Dubai’s Roads and Transport Authority (RTA) has intensified its efforts to tackle violations in passenger transport services through a series of inspection campaigns. In 2024, the authority conducted 25 campaigns, leading to a total of 606,430 inspections across various modes of passenger transport, including public buses and marine transport. These inspections specifically targeted fare evasion,...
During the 55th Annual Meeting of the World Economic Forum in Davos, Abdulla bin Touq Al Marri, the Minister of Economy and Chairman of the UAE Circular Economy Council, underscored the UAE’s strategic role in the circular economy. Participating in a session titled “Turning Plastic Waste into Raw Materials: Fueling the Circular Economy,” he highlighted...
AD Ports Group, a prominent player in global trade, logistics, and industry, announced yesterday, on January 22, 2025, the signing of a Memorandum of Understanding (MoU) with the Egyptian Ministry of Industry and Transport. This agreement aims to explore the joint development and operations of an integrated logistics park in Alexandria, Egypt. The MoU was...
Abdullah bin Touq Al Marri, the Minister of Economy, participated in a session titled ‘Global Competitive Edge in an Ever-changing World’ at the 55th World Economic Forum’s annual meeting in Davos . The event, themed ‘Collaboration for the Intelligent Age,’ features a UAE delegation led by H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum,...
42 Abu Dhabi, the innovative coding academy located in the UAE capital, has announced the opening of applications for its upcoming coding boot camp, known as ‘Piscine’. This intensive program will begin on 3rd February and utilizes a unique peer-to-peer, gamified learning methodology. Students who successfully complete the Piscine will gain admission to the academy...
ADNOC Gas plc and its subsidiaries have established a significant long-term strategic partnership with the Emirates Water and Electricity Company (EWEC) to bolster the UAE’s energy transformation. This landmark agreement includes a 10-year flexible natural gas sales and purchase contract between ADNOC Gas Facilities LLC and EWEC, valued at $10 billion. The announcement was made...
ADNOC Distribution has announced the launch of the second phase of its service station solarisation programme in collaboration with Emerge, a partnership between Masdar and the EDF Group. This initiative is designed to finance, design, install, and maintain solar photovoltaic (PV) panels at service stations across ADNOC Distribution’s network in the UAE. The programme aims...
Dubai has achieved the title of the world’s cleanest city for the fifth consecutive year, as reported in the Global Power City Index (GPCI) by the Institute for Urban Strategies at Japan’s Mori Memorial Foundation. This accolade reflects the emirate’s dedication to sustainable urban development and its ambition to set a global example for future...
The World Economic Forum (WEF) Annual Meeting in Davos is focusing on significant global issues such as the Ukraine-Russia war, the emergence of Trump 2.0, and the rapid advancement of artificial intelligence. The 55th annual gathering, which runs from January 20 to 24, aims to foster insightful discussions aimed at reviving and reimagining economic growth...
Dubai Chamber of Commerce announced impressive achievements for 2024, with active membership reaching 258,318 by the end of the year. This marks an annual growth of 18 percent compared to 2023. Additionally, the chamber welcomed 70,500 new companies into its membership, reflecting a 3 percent increase, underscoring Dubai’s appeal as a prime location for businesses...