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The Central Bank of the UAE has signed a Memorandum of Understanding with the National Bank of Kazakhstan and the Agency of Kazakhstan for Regulation and Development of Financial Market. This agreement aims to bolster financial cooperation between the two nations. Khaled Mohamed Balama, the Governor of CBUAE, represented the UAE during the signing, which...
Abu Dhabi National Energy Company (TAQA) has partnered with Emirates Water and Electricity Company (EWEC) to unveil new energy infrastructure projects that will enhance the UAE National Strategy for Artificial Intelligence 2031 and the UAE Net Zero by 2050 initiative. This collaboration is marked by a significant 24-year Power Purchase Agreement (PPA) for the development...
The Ministry of Higher Education and Scientific Research (MoHESR) in the UAE has launched a new streamlined system for the institutional licensure and programme accreditation of higher education institutions (HEIs). This initiative is backed by Ministerial Resolutions No. (27) of 2024 and No. (62) of 2025, which also includes the introduction of an Outcome-based Evaluation...
The United Arab Emirates has claimed the top spot globally for the fourth consecutive year in the Global Entrepreneurship Monitor (GEM) report for 2024/2025. The report highlights the UAE as the best environment for entrepreneurship and small to medium enterprises among 56 economies included this year. The UAE achieved first place among high-income countries in...
The United Arab Emirates (UAE) has set a significant goal to enhance its non-oil foreign trade to AED4 trillion ($1.09 trillion) by 2031. This objective is a key element of the “We the UAE 2031” vision, which aims to diversify the country’s economy away from oil dependency. As part of this initiative, the UAE launched...
The Comprehensive Economic Partnership Agreements (Cepas) between the UAE and Costa Rica and Mauritius officially took effect on Wednesday, marking a significant step in the Emirates’ efforts to enhance its global trade and investment activities. According to the UAE’s Ministry of Economy, these new agreements are the seventh and eighth to be implemented under the...
Maroc Telecom, which is controlled by the UAE, and its domestic competitor Inwi, owned by Morocco’s royal family, have reached an agreement to settle a long-standing dispute. This resolution includes plans for two joint ventures aimed at expanding and upgrading telecommunications networks across Morocco. This breakthrough is significant for Maroc Telecom, allowing it to reduce...
Ondas (ONDS) has announced that it has secured a purchase order worth $3.2 million from a governmental entity in the United Arab Emirates. This order is aimed at further developing urban autonomous drone infrastructure in the UAE and expanding the existing Optimus drone network. The network is operated by the local government as part of...
As we approach the 2025 edition of the Arabian Travel Market (ATM) in Dubai, the air connectivity landscape in the Middle East is undergoing a transformative phase. The UAE, Saudi Arabia, and Türkiye are emerging as key global aviation hubs, with their strategic positions set to reshape the future of travel and tourism in the...
U.S. President Donald Trump stated on Monday that the United Arab Emirates (UAE) is a very important country, and he confirmed that he will definitely visit it. He emphasized the significance of the UAE, mentioning, “There is a great leader in the UAE, and I hosted his brother here; he is a wonderful man, and...