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News Updates
8 March, 2022
Why Dubai is a popular second-home destination for expats
Dubai attracted more foreigners because of its excellent infrastructure, successful handling of the pandemic, and widespread visa and labour reforms. Press Release: • The UAE’s stable economy is one of the top reasons that attracts expats to Dubai as a…1 August, 2020
Which cities are best managing the post-COVID economy
Among major cities from around the world, Dubai ranks among the Top 5 cities when it comes to managing post-covid economy, as per FutureLearn. The index was developed by online learning platform FutureLearn, based on comprehensive data collected across…11 April, 2022
Under-investment Heavily Impacts Oil Industry: Minister
More than geopolitical shocks, the current volatility in oil prices is caused by long-term under-investment in the energy sector, according to Sultan Al Jaber, UAE’s Minister of Industry and Advanced Technology. The situation in the market is the “result…28 December, 2021
UAE’s In-Country Value Programme Boosted by Tawazun
Tawazun announced that it would join the UAE National In-Country Value Programme, launched by the Ministry of Industry & Advanced Technology, to boost the industrial sector. The agreement will boost co-operation between Tawazun and the ministry to achieve the…27 January, 2022
UAE’s 4th Industrial Revolution strategy focuses on advancing national economy
The UAE’s Fourth Industrial Revolution Strategy focuses on advancing the national economy by driving innovation with the latest emerging technologies, said Rahul Misra, Vice President – Business Applications, Lower Gulf at Oracle. The conference was attended by senior government…27 January, 2022
UAE: New platform launched to verify official digital documents issued by govt entities
The Telecommunications and Digital Government Regulatory Authority (TDRA) has reported the sendoff of the “UAE Verify” stage, which permits government and private substances to confirm the legitimacy of advanced archives by government experts without the requirement for unique printed version…30 September, 2020
UAE, Saudi Improve Rank in Global Innovation Index
UAE and Saudi Arabia both improved their respective ranking spots by 2 places in the Global Innovation Index for 2020. The UAE’s accelerator program Ghadan 21, which supports over 50 initiatives in the innovation space, invested over $13.6Billion in these…2 June, 2022
UAE Tops World Tourism Ranking
The UAE has ranked highest in the Middle East and North Africa in a new global tourism report from the World Economic Forum. With an overall score of 4.5 out of 7, the Emirates is also the highest ranked…29 December, 2020
UAE Tops Middle East Countries in per Capita Health Expenditure
The UAE comes 1st among Arab, Gulf and Eastern Mediterranean countries with respect to per capita health expenditure. Recently, the UAE’s 1st National Health Account (2017) results were released by the Ministry of Health & Prevention (MOHAP). The NHA was…1 November, 2020
UAE to Spend $73M for AI in 2020
The UAE may well end up spending nearly $73 Million in the year 2020 towards Artificial Intelligence. According to a recent report by Technology research firm IDC, the UAE is expected to spend $73 Million in 2020 towards Artificial Intelligence…31 March, 2021
UAE to Pilot Driverless Vehicles in Abu Dhabi
The UAE Government will pilot driverless vehicles in Abu Dhabi by end 2021, through providing free rides to the public and as a way of testing the technology. The driverless technology sector proved its attractiveness when in early 2020, Mubadala…29 December, 2020
UAE to Emerge As a Global Hub for Gold
The UAE bullion market may soon be governed by a special committee, appointed by the Council of Ministers, to establish UAE as a strong hub for Gold. UAE accounts for 11% of the total Global gold exports, according to Abdulla…31 March, 2021
