The UAE is rapidly establishing itself as a global hub for digital assets and blockchain technology, according to economist Dr. Abdul Rahim Al-Farhan. According to Khaleej Times, he highlighted that the country’s flexible regulatory policies, advanced digital infrastructure, and significant investments from global companies position it as a prime destination for cryptocurrency investors. Dr. Al-Farhan...
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...
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...
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum has reviewed the Economic Security Center of Dubai’s strategic plan for 2025-2030. This new strategy is designed to enhance Dubai’s economic stability and growth by identifying investment opportunities, addressing economic risks, and protecting society from economic crimes. It aims to reinforce Dubai’s position as a global...
A recent report has underscored the United Arab Emirates position as a leader in the regional solar energy sector. This growth is fueled by initiatives such as the Dubai Clean Energy Strategy 2050, which aims for 75 percent clean energy by 2050, and Abu Dhabi Vision 2030, targeting 30 percent renewable energy within the next...
Masdar, a prominent player in the clean energy sector, has set an ambitious goal of achieving 100 gigawatts (GW) of clean energy capacity worldwide by 2030. Fatima Al Suwaidi, who leads Development & Investment for the Asia-Pacific region at Masdar, mentioning this commitment during the Abu Dhabi Sustainability Week 2025. Al Suwaidi stated that this...
Ministers and officials in the UAE have expressed strong support for the recently signed Comprehensive Economic Partnership Agreement (CEPA) with New Zealand. They view this agreement as a strategic move to enhance bilateral economic relations and improve cooperation in key sectors such as advanced technology, clean energy, agriculture, and financial services. The CEPA is set...
Sharjah’s Kalba City will introduce a paid parking system starting February 1, as announced by the Kalba municipality on Tuesday. This new system will require drivers to pay for parking from 8 AM to 10 PM, applicable from Saturdays to Thursdays. Fridays will remain free for parking, although certain zones within the city will still...
The Dubai Centre for Artificial Intelligence (DCAI) has launched registrations for an innovative initiative called “One Million Prompters.” This program aims to train one million individuals in AI prompt engineering, marking it as the largest initiative of its kind. The goal is to equip participants with the necessary skills to master AI prompt technology and...
The UAE is experiencing a significant increase in its local medicine production, with expectations of a 40% growth in the coming year. This surge is anticipated to contribute to more affordable medicines across the country. Currently, more than 35 factories are operational nationwide, and the local production growth is driven by the rapid changes that...