Dubai / WAM Dubai SME and WOMENA have launched the ‘Future Founders and Future Funders Programme’, aimed to draw on venture capital (VC), as an enabler of entrepreneurship among Emirati women. The programme targets university-level Emirati women who are at the start of their careers, to develop a strong pipeline of investors and entrepreneurs. As part of the MENA’s angel ...

Ajman / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, on Monday received a Saudi delegation that included businessmen and investors from Al-Qassim Region in Saudi Arabia. Also present during the meeting was HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman. The Ajman Ruler welcomed the delegation, and expressed ...

DUBAI / Emirates Business Following the announcement from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Mohammed bin Rashid Space Center (MBRSC) is now accepting entries for the UAE Astronaut Programme. At the end of 2018, four carefully selected Emirati candidates will be chosen to form the ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, will open on Tuesday the 10th edition of the Arab Strategy Forum (ASF), in Dubai. The 10th edition of the forum, to be held under the theme ‘The State of the World in 2018’, will see thought leaders delivering ...

Abu Dhabi / WAM The United Arab Emirates Space Agency (UAE Space Agency), the National Emergency Crisis and Disaster Management Authority (NCEMA), and the Mohammed bin Rashid Space Centre (MBRSC), have jointly announced that the UAE, represented by the three parties, has become an official member of the International Charter on Space and Major Disasters. The UAE is the first ...

Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry will participate in the SIAL Middle East 2017 exhibition, which will start on December 12 at the Abu Dhabi National Exhibition Centre (ADNEC). The exhibition is one of the largest and most important food exhibitions in the region, attracting senior officials, people in business, and investors in the ...

Bloomberg US stocks were higher after an explosion rocked midtown Manhattan. The dollar fell and Treasuries rose. All major equity gauges were higher, led by gains in technology and energy shares, as markets digested news of the pipe bomb blast on Monday morning in the Times Square subway station on 42nd St. that injured four people, including the suspect. Oil ...

Reuters Saudi Arabia’s stock market pulled back on Monday as a bubble in shares of real estate firm Dar Al Arkan burst, while equities in Qatar pulled further away from six-year lows. The Saudi index retreated 0.6 percent as Dar Al Arkan, which had gained as much as 3.4 percent in early trade, closed 9.9 percent lower at 12.60 riyals. ...

Bloomberg Egypt and Russia signed a $30 billion deal to build North Africa’s first nuclear power plant as the Kremlin moves to expand its influence in the region. Russian President Vladimir Putin and his Egyptian counterpart Abdel-Fattah El-Sisi witnessed the signing ceremony in Cairo on Monday. The project increases Russia’s economic presence and political influence in the Middle East, already ...

Bloomberg Saudi Arabia plans to raise domestic gasoline and jet fuel prices in January, part of a program to gradually eliminate energy subsidies as the kingdom seeks to overhaul its economy and balance the budget, according to a person with knowledge of the matter. Gasoline prices are set to increase by about 80 percent, while jet fuel prices will be ...