The Emirati capital of Abu Dhabi will be the stage for Make-A-Wish International’s upcoming annual conference, the “Global Wish” summit. The event, scheduled for June 3rd and 4th of 2025, is a significant win for the city, solidifying its growing reputation as a hub for global humanitarian efforts. The news was met with enthusiasm from Sheikha Sheikha bint Saif Al Nahyan, the honorary president of the Make-A-Wish […]
The landscape of online trading in UAE has been transformed by the rapid evolution of the digital economy. This region has emerged as a hub for financial technology, driven by robust regulatory frameworks and advanced technological infrastructure. For forex traders who navigate this market, understanding the unique aspects of the UAE’s trading environment is crucial for success. Key Factors Influencing Online Trading in the UAE Regulatory Environment […]
Bayanat, a leading provider of artificial intelligence (AI)-powered geospatial solutions listed on the Abu Dhabi Securities Exchange (ADX), kicked off 2024 on a high note. The company announced a strong financial performance for the first quarter (Q1), reporting AED 113 million in revenue. This marks a significant 12% year-over-year increase, solidifying Bayanat’s position in the geospatial solutions market. This impressive growth is attributed to Bayanat’s strategic expansion […]
In a significant move to empower women in business, Etihad Airways and the Abu Dhabi Businesswomen Council (ADBWC) have joined forces to support a staggering 25, 000 women-owned small and medium-sized enterprises (SMEs) operating in the capital. This collaborative effort aims to provide these businesses with greater access to opportunities and resources, fostering their growth and contribution to the UAE’s economy. Through a signed Memorandum of Understanding […]
The Abu Dhabi Global Healthcare Week (ADGHW) concluded on a high note, marking a significant step forward in global healthcare collaboration. The week-long event, which brought together health leaders, policymakers, and experts from around the world, culminated in a closing ceremony attended by prominent figures including Sheikh Zayed bin Hamdan bin Zayed Al Nahyan. Sheikh Zayed bin Hamdan’s presence underscored the UAE’s commitment to advancing healthcare on […]
The Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund of the United Arab Emirates, has joined a consortium aiming to privatize Malaysia Airports Holdings Berhad (MAHB). The consortium, known as the Gateway Development Alliance, submitted a pre-conditional voluntary offer to acquire all remaining shares in MAHB for a total of $3.9 billion. This move comes as Malaysia seeks to raise capital and potentially improve the […]
Egypt’s ambitious development plans for the Ras Al-Hikma peninsula received a significant shot in the arm with a second payment of $14 billion from the United Arab Emirates (UAE). This latest installment is part of a monumental $35 billion deal between Egypt and Abu Dhabi’s sovereign wealth fund, ADQ, to transform the 200-kilometer stretch of coastline west of Alexandria. The agreement marks one of the largest […]
Explores Local Development Opportunities HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, was invited to join the Hong Kong SAR delegation to visit the Middle East last week. The visit aimed to engage in discussions with local governments and financial institutions, exploring financial cooperation and development between Hong Kong and the Middle […]
Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, a member of the Abu Dhabi royal family, marked his presence at the closing ceremony of the inaugural Abu Dhabi Global Healthcare Week (ADGHW) on May 15, 2024. The three-day event, held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, served as a platform for global healthcare leaders, […]
Abu Dhabi Ports (ADP), a major logistics and transportation company in the United Arab Emirates, reported a mixed bag of results for the first quarter (Q1) of 2024. While the company witnessed a significant increase in revenue, its net profit experienced a slight decline. According to a regulatory filing made on Tuesday, ADP’s revenue for Q1 reached AED 3. 89 billion (USD 1. 06 billion), which is […]
The Sheikh Zayed Book Award, a prestigious prize recognizing excellence in Arabic literature, and the Kalima Project, a translation initiative promoting Arab culture globally, joined forces to foster dialogue between Arab and Chinese civilizations at a recent symposium. The symposium, titled “Arab and Chinese Civilizations:Dialogue Through Culture, ” brought together scholars, educators, and cultural figures from both regions to explore historical and contemporary connections between the Arab […]
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution in the United Arab Emirates, has announced a strategic move to expand its banking activities by actively supporting small and medium-sized enterprises (SMEs). This initiative signifies ADIB’s commitment to fostering the growth of the domestic economy by empowering a vital sector that drives innovation and job creation. The bank’s support for SMEs will likely encompass a variety […]
SIHANOUKVILLE, CAMBODIA – Media OutReach Newswire – 13 May 2024 – In a historic move, AIM Global Foundation and Canopy Sands Development (CSD) have signed a Memorandum of Understanding (MOU) today to jointly develop an international convention and exhibition center in the Bay of Lights, Sihanoukville, Cambodia. Representatives from AIM Global Foundation and Canopy Sands Development sign a MOU at the 2024 AIM Congress, initiating a landmark […]
Burjeel Holdings, a leading healthcare provider in the United Arab Emirates (UAE) and the broader Middle East and North Africa (MENA) region, announced strong financial performance for the full year 2022. The company reported a net profit of AED 355 million, reflecting a significant increase of 52% compared to the previous year. This upsurge highlights the success of Burjeel’s yield enhancement strategy, which focuses on maximizing revenue […]
Abu Dhabi gears up to host a landmark event in the healthcare sector, the Abu Dhabi Global Healthcare Week (ADGHW), starting next Monday, May 13th. The three-day event will be a focal point for the world’s leading healthcare professionals, researchers, policymakers, and investors. Held at the Abu Dhabi National Exhibition Centre (ADNEC), ADGHW aims to address pressing global health challenges through innovation and investment. This year’s edition […]
Abu Dhabi has cemented its position at the forefront of futuristic transportation with the successful completion of the Middle East’s first passenger drone trials. Held during the inaugural Abu Dhabi Mobility Week in April, the test flights showcased the potential of electric vertical take-off and landing (eVTOL) aircraft to revolutionize urban mobility in the region. The trials, a collaborative effort between Abu Dhabi Mobility and the Multi […]
Abu Dhabi, UAE – The Men’s College of Technology (MCT) in Abu Dhabi has solidified its position as a force to be reckoned with in the aquatic arena after claiming the top prize at the Higher Education Institutions Swimming Championship. The MCT swimmers delivered an impressive performance throughout the competition, outshining their rivals with a combination of raw talent and unwavering determination. News of the MCT victory […]
Moldova has expressed keen interest in attracting investments from the United Arab Emirates (UAE), particularly in infrastructure and renewable energy sectors. This eagerness was conveyed by Tatiana Ivanicichina, the Deputy Governor of Moldova’s National Bank, during a recent visit to Abu Dhabi. Ivanicichina highlighted Moldova’s potential as an investment destination, emphasizing its strategic location and a business environment conducive to foreign investment. Moldova, nestled between Romania and […]
The Abu Dhabi Judicial Department (ADJD) achieved a significant milestone in 2023, resolving over 61% of family disputes through amicable settlements. This accomplishment reflects the department’s dedication to promoting a culture of tolerance and fostering conflict resolution methods that prioritize family stability. Family guidance committees played a pivotal role in this success. These committees addressed a total of 15, 667 family disputes in 2023. Through specialized social, […]
Singapore-based cryptocurrency trading platform QCP Capital has secured a significant step towards expanding its operations in the Middle East after receiving in-principle approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This approval allows QCP Capital to conduct regulated crypto activities within the ADGM free zone, positioning the firm as a pioneer for Singaporean crypto market makers in the region. The […]
Roman Shaykhutdinov, Deputy Prime Minister of the Republic of Tatarstan, recently spoke about the flourishing relationship between his country and the United Arab Emirates (UAE). He highlighted a particular focus on strengthening ties in the areas of education and digitalization. Shaykhutdinov’s comments came during a visit to Abu Dhabi, the capital of the UAE. His visit underscores the growing importance placed on this bilateral relationship by both […]
The United Arab Emirates (UAE) has cemented its position at the forefront of futuristic transportation with the successful completion of the Middle East’s first passenger-carrying drone trials. Held during Abu Dhabi Mobility Week in April 2024, the trials showcased two pioneering drone designs, marking a significant step towards integrating autonomous aerial vehicles (AAVs) into urban mobility solutions. The centerpiece of the event was the unveiling of a […]
The Abu Dhabi Fund for Development (ADFD) participated in the recent Arab-DAC Dialogue held in Kuwait. The two-day event served as a platform for Arab and developed nations to discuss and solidify collaboration on global development issues. This year’s dialogue focused on enhancing the quality and accessibility of development finance. Participants explored methods to address a wider range of development needs in a shifting global landscape. Two […]
The United Arab Emirates (UAE) and Germany reaffirmed their strategic partnership during their sixth round of political consultations held on March 1, 2024, in Abu Dhabi. The UAE delegation was led by Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, while Dr. Thomas Bagger, Secretary of State of the Federal Foreign Office, headed the German delegation. The discussions focused on enhancing cooperation across various […]
