By James M. Dorsey Weakened by Joe Biden’s electoral defeat of US President Donald J. Trump, Israeli Prime Minister Binyamin Netanyahu risks being caught between a rock and a hard place as Jordan, the Palestine Authority and the United Arab Emirates manoeuvre for control of what is to Jews the Temple Mount and to Muslims the Haram ash-Sharif, the third most holy site in Islam. The rivalry […]
The UAE’s Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications recently announced at a conference that even though “remote working was seen as a luxury in the past and a gimmick”, it may be here to stay. But, although it’s easy for companies who work in digital to operate remotely, it isn’t as simple for companies in two of the UAE’s largest sectors: […]
Scott Ramsay appointed as Group Head of Compliance & Bank Money Laundering Reporting Officer (MLRO) DUBAI, UAE – EQS Newswire – 8 October 2020 – Mashreq, one of the leading financial institutions in the UAE, has appointed Scott Ramsay as its new Group Head of Compliance & Bank Money Laundering Reporting Officer (MLRO). In this role as a part of the senior leadership team, Scott will […]
Arabian Post Staff The Abu Dhabi National Oil Company (ADNOC) announced the launch of AIQ, its Artificial Intelligence (AI) joint venture (JV) company with Group 42 (G42), an Abu Dhabi-based AI and cloud computing company. The completion of the formation of AIQ follows the signing of the JV agreement between ADNOC and G42 in November 2019 with ADNOC holding a 60-percent stake and G42 a 40-percent stake […]
There’s so much to look forward to… Expo 2020 Dubai is now only one year away, kicking off on the postponed date of October 1, 2021, and running until March 31, 2022. The huge event will see countries from all over the world exhibit their vision and plans for the future, through a uniquely designed, architecturally extravagant pavilion. The eagerly anticipated event was originally pipped to start […]
Phase 1 will be operational before Expo 2020 Dubai in October 2021, so GreenFactory Emirates can show the world its innovations, the statement … via meconstructionnews.com
Arabian Post Staff Abu Dhabi’s sovereign investment company Mubadala and Barings, one of the world’s leading financial services firms, announced the formation of Barings Mubadala Enterprise (BME) – an evergreen origination platform seeking to provide financing solutions to European middle-market businesses. BME and its capital partners aim to provide $3.5 billion in financing over the next 18 months to help meet growing corporate demand for flexible capital solutions in Europe. […]
DUBAI – Dubai has hired banks to advise it on its comeback to the international debt markets as the Middle East trade, finance and tourism hub seeks to bolster finances badly hit by the coronavirus pandemic. It is planning to issue U.S. dollar-denominated 10-year Islamic bonds, or sukuk, and 30-year conventional bonds, a document issued by one of the banks leading the deal showed. The planned deals […]
The Dubai Smartpreneur Competition, hosted in collaboration by Dubai Startup Hub, Entrepreneur Middle East & the Dubai Chamber of Commerce, is a prestigious, unique and one-of-its kind opportunity for innovative startups based in the UAE to partner with and contribute to the Dubai Government’s Strategy to elevate the city into a global platform for innovative businesses to thrive. As part of the 5th edition of the Dubai […]
As we celebrate the sixth Emirati Women’s Day, it is evident that the year 2020 has been exceptional. Some of the many remarkable plans the UAE had intended for this year included the launch of the Mars mission in July, the commissioning of the first nuclear energy plant in the Middle East in Abu Dhabi shortly thereafter, and the inauguration of Expo 2020 Dubai – the largest […]
COUNTRY LATEST UPDATES Saudi Arabia Covid-19 pandemic latest: Total confirmed cases: 301,323 Recoveries: 272,911 Deaths: 3,470 Actions to slow the spread of Covid-19: 3 August: Pilgrims returning from Hajj must quarantine for 14 days and will be monitored using electronic bands to ensure compliance. 28 July: Health Ministry to assign a health leader for every 50 pilgrims at this year’s scaled-back […]
Arabian Post Staff Abu Dhabi Securities Exchange (ADX) announced that Chimera Capital LLC’s Exchange Traded Fund (ETF) has listed on the exchange. The ETF has been designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The index is provided by S&P and tracks the performance of UAE-based Shariah compliant liquid equities, opening up a new and increasingly demanded asset class to investors seeking exposure […]
Arabian Post Staff UAE’s leading industrial manufacturer Ducab Group has announced that overall profitability for the first six months of 2020 has been maintained as compared to same period last year, due to the resilience of its diversified cables and metals business with all manufacturing based in the UAE. Jointly owned by ADQ (through Senaat) and ICD, with six manufacturing facilities across four sites in the UAE, […]
Arabian Post Staff DIFC FinTech Hive has attracted an unprecedented 620 global, regional and local applications for the signature programme. The 620 applications for the intake, exceeds the previous record of 425 applications, received in 2019. The applications represent an exceptionally broad range of concepts, submitted by an impressive pool of talent which reflects DIFC’s reputation for nurturing financial innovation. Specialisms include FinTech, InsurTech, RegTech and Islamic […]
Emirates Cricket Board (ECB) has confirmed that they have received the official Letter of Intent from the BCCI to host the 2020 edition of the Indian Premier League (IPL). “We have received the (official) letter and now wait on the decision from the Indian Government which will ink the final deal.” said Mubashshir Usmani, Emirates Cricket Board Secretary General. While the Board waits for notice from BCCI […]
Arabian Post Staff Dubai is ranked sixth, ahead of India, in the top ten medical tourism destinations by the the International Healthcare Research Center (IHRC) in 2020-2021 Medical Tourism Index (MTI). The top ten destinations: Canada, Singapore, Japan, Spain, United Kingdom, Dubai, Costa Rica, Israel, Abu Dhabi, and India. The MTI ranks the American perceptions of 46 international healthcare destinations providing insight into how consumers view 41 […]
Arabian Post Staff The first WHO enlisted global clinical Phase III trial of Sinopharm CNBG’s inactivated vaccine to combat COVID-19 has started in Abu Dhabi and has been inspired by the UAE leadership’s vision and commitment to overcome the pandemic through a global collaborative effort. Sheikh Abdullah bin Mohammed Al Hamed, Chairman of the Department of Health, Abu Dhabi, was the first individual in the world to […]
Arabian Post Staff The IMF has praised the UAE authorities for reacting very quickly and swiftly in addressing the spreading of the coronavirus, and the pioneer measures in terms of controlling the spreading, increasing the number of testing, and introducing technology as a way and mean to address and to contain the spreading of the virus. It pointed out that the UAE economy is the second largest […]
