Venture asset manager Sigma Capital has launched the Sigma Capital Fund I, a $100 million initiative aimed at reinforcing the UAE’s position as a leader in blockchain innovation and institutional investment. This fund is designed to stimulate advancements in Web3, specifically targeting early-stage ventures in the region and beyond. The scope of the Fund includes...
The Ministry of Education (MoE) has officially launched a nationwide competition for public schools called ‘My School… My Identity’. This initiative invites both students and teachers to creatively transform their schools into lively spaces that celebrate the rich Emirati cultural heritage. According to WAM, Sarah Al Amiri, the Minister of Education, said that the competition...
The UAE’s MBZ-SAT satellite has successfully lifted off from Vandenberg Space Force Base in California aboard a SpaceX Falcon 9 rocket. This significant launch, which took place on Tuesday, 14 January 2025, is another important milestone in the UAE’s ambitious space program. The satellite was developed by Emirati engineers at the Mohammed Bin Rashid Space...
The UAE is projected to see a substantial 13 percent net increase in consumer spending intentions for 2025, marking the highest growth rate globally, according to a study released on Monday. This contrasts sharply with global spending intentions, which are anticipated to decline by a net 12 percent, as reported in the 2025 Global Consumer...
The Finland Embassy in the UAE hosted a significant event on January 14, 2025, to celebrate the 50th anniversary of diplomatic relations between the UAE and Finland. The celebration took place at the Bab Al Qasr Hotel in Abu Dhabi, marking a milestone in the friendship between the two nations. During the event, Finnish Prime...
The National Multiple Sclerosis Society (NMSS) has launched the first national guidelines for treating Multiple Sclerosis (MS) patients in the United Arab Emirates. This initiative was developed by a dedicated scientific task force that includes members of the Society’s Medical Advisory Committee. The guidelines aim to provide optimal medical support for individuals living with MS...
The industrial sector in the UAE has experienced a notable increase in financing, bolstered by strong support from both government and private entities. This collaborative effort is essential for driving industrial growth and achieving the ambitious goals set forth in the “Operation 300 Billion” initiative. The financial support is crucial, as a well-funded industrial sector...
The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, has issued a Federal Decree appointing new leadership for the UAE Aid Agency. According to the official announcement by WAM, H.E. Dr. Tareq Ahmed Mohamed Al Ameri has been named Chairman, while H.E. Sultan Mohamed Saeed Al Shamsi will serve as Vice Chairman. Dr....