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Category: Economy
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, celebrated the 25th anniversary of The Executive Office of His Highness Sheikh Mohammed. The ceremony was attended by His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, and highlighted...
UAE-based cybersecurity experts are calling on companies to enhance their password security in light of a recent global breach that exposed over 16 billion login credentials. This alarming discovery included usernames and passwords from major tech companies such as Apple, Google, Facebook, Telegram, GitHub, and some government websites. Researchers from Cybernews reported these findings as...
Ten climate tech start-ups have presented innovative circular economy solutions at the Launchpad’s showcase event, which was hosted in partnership with the UAE Ministry of Economy by the UAE Independent Climate Change Accelerators (UICCA). This event marked the latest Circular Economy Cycle aimed at promoting sustainable practices. The UICCA Launchpad is designed to accelerate the...
Dubai’s international business district, DMCC, announced on Tuesday its partnership with AQUA-INDEX to launch the world’s first digital asset token that is directly backed by fresh water resources. This initiative aims to transform how water is traded, valued, and managed on a global scale. The token, which is the first of its kind, will be...
Abu Dhabi has reached a significant milestone in environmental conservation by achieving a score of 97.4% in the Sustainable Fishing Index, according to the Environment Agency – Abu Dhabi (EAD). This marks an impressive rise from just 8.9% in 2018 and is the sixth consecutive year of improvement. This achievement coincides with World Oceans Day,...
Active Abu Dhabi, an initiative by the Emirates Foundation, has introduced a new national program called Misrah aimed at promoting national identity and enhancing community well-being. This program was unveiled during an introductory workshop held at the initiative’s headquarters, where various stakeholders gathered to discuss its objectives and strategies. The Misrah program is designed to...
The Government of Sharjah has achieved a significant milestone by receiving the Circularo Award for Digital Transformation. This recognition highlights Sharjah’s prominent role in innovation and its commitment to digital sustainability in the region. The award was presented to the Sharjah Digital Department, which has been pivotal in implementing advanced digital solutions that enhance public...
Stock markets in the United Arab Emirates experienced gains on Monday, aligning with Asian markets as investors looked forward to the outcome of U.S.-China trade talks taking place in London. The discussions are seen as crucial for easing the ongoing trade dispute between the two economic powerhouses, which has expanded to include export controls on...
A recent study conducted by Kaspersky, a global leader in cybersecurity and digital privacy, has revealed a significant increase in cyber threats targeting smartphones in the Middle East. Despite a relatively stable overall rate of attacks in the region during the first quarter of 2025 compared to the previous quarter, the number of hacking attempts...
The S&P Global United Arab Emirates Purchasing Managers’ Index (PMI) fell to 53.3 in May 2025, down from 54 in both March and April. This decline marks the lowest level recorded since September 2021, indicating a slowdown in the growth of the non-oil private sector. Despite this moderation, companies continued to experience strong client demand....