Middle East

Date

Saudi Arabia has achieved the highest leap in the UN’s E-Government Development Index since its inception more than 20 years ago.  The Kingdom has advanced 12 places, to be ranked 31st this year, compared to 43rd in 2020, the Saudi Press Agency reported.....


Qatar’s small and medium-sized enterprises (SMEs) play an important role in the growth of country’s economy. Introducing enhanced and new products and services can help SMEs grow and seize new business opportunities locally, regionally, and globally discussed experts during a webinar held recently. Qatar Research Development and Innovation (QRDI) Council, Qatar’s regional leader in research with Innoget hosted a virtual event ab…


UAE's private healthcare services provider Burjeel Holdings confirmed Friday it would offer nearly 550.7 million shares, or 11% of its issued share capital, in an initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX).   Initial public offering Burjeel Holdings announced the opening of the subscription period for the offering September 30, continuing until October 4, for the first tranche which includes individual…


"What inspires us is the youth, since they are the main asset of all economies." For UAE-born platform Cino Trends, the vision that underlies its creation is simple: to become an Emirati media company that produces locally made animated content for the youth of the nation. Co-founded by CEO Sanad Al Senaidi and General Manager Kamel Al Kintar, and based in the capital city of Abu Dhabi, a YouTube channel has already launched as part of …


2022-09-30

Dubai has achieved outstanding results in the Local Online Service Index (LOSI) 2022 issued by the United Nations as part of its bi-annual E-Government Survey, with the city being included in the list of the world’s best-performing digital governments that received a ‘Very High’ rating. Dubai was ranked fifth globally and first in the Arab World in the Index.Dubai received perfect scores in Institutional Framework, Content Provi…


2022-09-30

Emirates SkyCargo and United Cargo signed a Memorandum of Understanding (MoU) that follows on the heels of the new broader historic commercial agreement between two of the largest global airlines. This coordination will deliver benefits to air freight customers of both Emirates Skycargo and United Cargo around the world. The MoU was signed at the World Cargo Symposium (WCS) – IATA event in London, UK by Nabil Sultan, Emirates Divi…


2022-09-30

Recent roundtable examined key trends and developments impacting Dubai’s economy and business environment. Participants were updated on ongoing Emiratisation efforts and new regulation aimed at enhancing economic competitiveness Members of business groups and councils operating in Dubai recently came together for a quarterly roundtable hosted by Dubai Chamber of Commerce at its headquarters, where participants were updated on key trends an…


2022-09-30

حمدان بن محمد يشهد فعاليات ';ملتقى دبي للميتافيرس; بحضور أكثر من 500 خبير عالمي في تكنولوجيا المستقب


2022-09-30

مّار النعيمي يترأس جلسة المجلس التنفيذي الدورية لعام 2022


Kuwait ranked fourth in the index of best cities to live in the Middle East and North Africa (MENA) and third in the Gulf region, reports Al-Rai daily quoting the Economist Intelligence Unit. Abu Dhabi and Dubai maintained their ranking as the best cities to live in the region.......


Saudi Arabia’s current account balance has witnessed a 17.6 percent increase in the second quarter of 2022 to SR170.1 billion ($45.26 billion) , fueled by a rise in oil and non-oil exports, according to the Saudi Central Bank’s monthly bulletin. The Kingdom’s exports of goods increased to SR272. 2 billion, showing a 23.1 percent surge from SR221.1 billion over the same period.  .....


The unemployment rate for Saudis decreased to 9.7 percent in the second quarter of 2022 fueled by government reforms directed at the labor market, according to data released by the General Authority for Statistics. Additionally, the rate has dropped 0.4 percentage points compared to the first quarter of 2022......


Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR36.2bn in August 2022, registering an increase of about QR17.1bn or 89.0 percent compared to the corresponding period last year (August 2021). When compared month-on-month (M-o-M), the surplus increased by nearly QR1.5bn or 4.2 percent compared to July 2022, according to preliminary figures released by the Plan…


The acquisition is expected to bring together operational synergies between Shopini's e-commerce solutions and international network and Lyve's technology and logistics infrastructure in the MENA region. Abu Dhabi-based B2B logistics SaaS platform Lyve Global has acquired a majority stake in Shopini World, a cross-border e-commerce logistics and solutions provider with operational presence in the UAE, USA, UK, Turkey, and China....…


Biosolvit is a Brazil-based biotechnology startup that uses "nature as a source of inspiration," and has engineered all its services to showcase some of the many benefits of the circular economy. By 2030, the adoption of circular economy models can yield economic benefits of up to US$4.5 trillion, according to a 2022 study by the World Economic Forum. But the same report also highlights that only a mere 8.6% of the global economy is circular. It …


2022-09-29

Over 330 participants took part in a recent workshop hosted by the Chamber, which examined the requirements and processes related to the new corporate tax system. Dubai Chamber of Commerce recently hosted a workshop on the UAE Corporate Tax system at its headquarters, which was attended by over 330 participants from the business community, representing various economic sectors.   Organised in collaboration with leading law firm Al Tamimi &am…


2022-09-29

Dubai’s Roads and Transport Authority (RTA) is ramping up the awareness campaigns and inspections on the four RTA-approved operators of e-scooters. The campaigns were initiated at the start of the service rollout and are still on the go.  “The awareness campaigns and inspection of RTA-appointed e-scooter operators in Dubai have significantly contributed to the delivery of safe, smooth and enjoyable services to users from all spec…


2022-09-29

تمديد مواعيد مركز سبيد لفحص وتسجيل المركبات ليوم السبت


Saudi Arabia needs large insurance companies capable of expanding to provide new services in the Kingdom, according to Minister of Finance Mohammed Al-Jadaan. Speaking at the Saudi Insurance Symposium in Riyadh on Sept. 28, Al-Jadaan noted that the insurance sector is relatively small in the Kingdom, but the government is concentrating on developing it .....


Etihad Rail, developer and operator of the UAE National Rail Network, has signed an agreement with Oman Rail to jointly set up an equally-owned company, Oman-Etihad Rail Company, with an overall investment of $3 billion. Oman-Etihad Rail Company Under the deal, the newly created entity will develop and operate a 303-kilometer railway network connecting Sohar Port to the UAE National Rail Network, the state-owned WAM news agency reported Wednesda…


2022-09-28

The DP World Tour and Emirates have signed an extension to their partnership agreement that will see the international airline remain an Official Partner of golf’s DP World Tour until the end of the 2024 season. As part of the agreement, Emirates will benefit from highly visible branding across 21 DP World Tour tournaments and the Tour’s media and digital platforms, as well as enjoying access to the Tour’s premium hospitality se…


2022-09-28

The Dubai Sustainable Finance Working Group (DSFWG), established in 2019 by Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, and Dubai Financial Market (DFM), the leading financial market across the region, has announced the introduction of a self-assessment tool formeasuring the maturity of Environmental, Social and Governance (ESG) policies and practi…


2022-09-28

RTA invites participants to attend Dubai’s ITS World Congress – (16-20 September 2024), the biggest edition of the event Dubai’s Roads and Transport Authority (RTA) took part in Intelligent Transportation Systems World Congress – Los Angeles (ITS 2022), USA, one of the biggest specialist global platforms of intelligent transportation and futuristic mobility communities. The convention discussed a host of topics that includ…


2022-09-28

DMCC ramps up Made For Trade Live roadshow to attract increased numbers of US businesses to Dubai UAE-US trade corridor set for boost from Emirates-United Airlines codeshare agreement DMCC is already home to more than a third of the 1,500 US businesses in the UAE 120 business leaders at packed events in New York and Miami briefed on ease of doing business in DMCC and Dubai DMCC – the world’s flagship Free Zone and Government of Dubai…


2022-09-28

Sheikh Hamdan shares video of Jupiter passing behind Burj Khalifa


Keryas Paper Industry, announced that it will set up its upcoming Kraft liner project in UAE with a capacity of 200,000 Metric Tonne Per Annum (MTPA) at an investment of $40 million in the pulp and paper manufacturing unit. On the sidelines of the just concluded Propaper Dubai 2022, the Keryas Paper Industry Group also signed an MoU with C2C Consultancy, India, for the complete design and engineering of the proposed project....


Saudi Arabia’s Capital Market Authority has approved another three initial public offerings in the midst of a listing wave on the Saudi bourses. The market regulator has approved an application from Power and Water Utility Co. for Jubail and Yanbu to register and sell 73.09 million shares, or 29.24 percent of equity, on the Saudi Exchange, according to a CMA statement.....


Qatari entrepreneur Mohammed Al Delaimi stumbled on the idea for SkipCash whilst exploring shopping and payment experiences in both online and offline scenarios. In the wake of the COVID-19 pandemic, global retail commerce has increasingly gone cashless, and contactless payments have taken on a different level of adoption. It is in this landscape that Qatari entrepreneur Mohammed Al Delaimi is introducing SkipCash, a fintech platfo…


Mazaya was founded in December 2021 with a mission to empower retailers and merchants of electronic goods and home appliances by enabling them to efficiently procure inventory for their stores through the Mazaya app. Mazaya, a Cairo-based e-commerce marketplace that focuses on electronics, has raised a US$5 million pre-seed funding round led by Raya Trade and Distribution, a subsidiary of Raya Holding for Financial Investments....


2022-09-27

Several leading local and international companies specialising in electric vehicles (EVs) are showcasing their latest products and services during the 24th Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS). The exhibition is organised by Dubai Electricity and Water Authority (DEWA) under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai…


2022-09-27

Representatives from the Chamber and Council outline new initiatives and activities to support Hatta’s entrepreneurial ecosystem and drive the area’s economic growth and development Dubai Chamber of Commerce recently hosted a meeting at its headquarters that was joined by members of the Hatta Traders Council where representatives from both sides discussed new projects, plans and initiatives to support Hatta’s entrepreneurial ec…


2022-09-27

Emirates is voted ‘Airline of the Year’ for third consecutive year Airline receives top honours for premium services and in-flight entertainment system Loyalty program and cargo services recognized in award program based on consumer poll Emirates has been named ‘Airline of the Year 2022’ in Bangladesh, clinching the top award in Monitor Airline of the Year for the third year in a row. In the award program, which celebrate…


2022-09-27

“RTA with its commitment to continually improve the Health, Safety and Environment (HSE) protocols of the organisation had been providing E-certified safety training courses from March 2019 under the initiative called the ‘Smart Safety License’ programme, S2L in short,” said Nada Jasim, Director of Safety, Risk, Regulation and Planning at RTA’s Strategy and Corporate Governance Sector. Nada explained that the trainin…


Dubai Safari Park will open its doors for a new season on Tuesday, September 27. One of the emirate’s most popular recreational and tourism destinations, the park’s new season will see a wide range of new unique interactive entertainment and educational experiences and the addition of a number of new animals.


German Chancellor Olaf Scholz said on Saturday after a meeting with Saudi Arabia’s Crown Prince Mohammed bin Salman that he wants to deepen the energy partnership between the two countries. Speaking to reporters, Scholz said that the partnership should go beyond fossil fuels to include hydrogen and renewable energies.....


ABB Qatar hosted an Energy Efficiency Symposium yesterday in collaboration with Kahramaa, represented by the National Program for Conservation and Energy Efficiency ‘Tarsheed’. Tarsheed is the national program mandated by electricity and water consumption law no. 20 for the year 2015 to regulate and monitor energy efficiency and consumption in the State of Qatar. The event was joined by leaders from Qatar Shell GTL, Petrotec, N-KOM, M…


HP Spring Studios is expected significantly enhance the region's fintech ecosystem, as well as improve the way people save, send, lend, manage, and invest their money. Bahrain Development Bank's Al Waha Fund of Funds and international investment firm Hambro Perks have announced the launch of HP Spring Studios, billed as the MENA region's first fintech venture studio.....


"Never think a project is too big, as this city has seen some of the most incredible things take place in the last number of years, and somehow, Dubai always finds a way to make the impossible possible." The creative industry is by no means an easy nut to crack. Becoming successful doesn't happen overnight, and the first obstacle along the way is establishing your own personal views of what success means to you, so that you can measure how far yo…


2022-09-26

Airline to serve Johannesburg with three daily flights - Restore services to Cape Town with double daily schedule - Durban to be served with daily flights from 1 December Emirates will be bringing new travel opportunities, choice and convenience for customers traveling to and from South Africa with additional services to Johannesburg, Cape Town and Durban. The ramp up of flights are part of the airline’s ongoing commitment to support South …


2022-09-26

Lootah will be tasked with leading Dubai Chambers in the stages ahead and overseeing the implementation of its initiatives and strategic plans, as well as its KPIs. H.E. Abdul-Aziz Al Ghurair: The Chamber is committed to enlisting competent leaders, capable of fulfilling the leadership’s vision to enhance Dubai’s status as a global business and commercial hub. Dubai Chambers has announced the appointment of Mohammad Ali bin Rashed Lo…


2022-09-26

لب اصدار /تجديد تصريح الحافلات المدرسية


2022-09-26

‏Issuance/Renewal Application for school bus permit


The Saudi Data and Artificial Intelligence Authority is aiming to create a leading data and AI-driven economy and make Saudi Arabia one of the top countries in the technology, the agency’s deputy director said.  Mishari Al-Mishari, the deputy director of SDAIA, told Arab News on the sidelines of the Global AI Summit in Riyadh that SDAIA was created to be the custodian of the national agenda on data and AI....


"Some people don't understand that just because we want to give back to the community does not mean that we don't want to be a successful business!" When Layla Ghaleb and Mahmoud Shoukry founded their Cairo-based dance company Goodspace in July 2021, they did so with a clear vision built upon their collective experiences as active participants in Egypt's dance community....


Saudi Arabia has launched a tender for five projects to produce electricity using renewable energy, with a total capacity of 3.3 gigawatts (GW), the state news agency (SPA) said Sunday.   Renewable energy The offerings, launched by Saudi Power Procurement, will include three projects to produce power through the wind with a capacity reaching 1.8 GW. This includes a project in Yanbu at a total of 700 megawatts (MW), another in Al-Ghat at 600 …