News

Circular economy to create $4.5tn in economic benefits in 10 years

Dubai / WAM More than 150 participants, including sustainability and CSR experts, business leaders and academics, came together for the Dubai Dialogue 2021 conference, organised by Dubai Chamber’s Centre for Responsible Business at Expo 2020 Dubai. The annual conference, held under the theme “Accelerating the Transition to a Circular Economy”, examined opportunities and challenges of investing in the circular economy, ...

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Abu Dhabi, Cuba discuss boosting economic ties

Dubai / WAM Mohamed Helal Al Mheiri, Director-General of Abu Dhabi Chamber of Commerce and Industry, has discussed with Ruben Ramos Arrieta, Vice President of Cuban Chamber of Commerce, means of developing economic cooperation channels between Abu Dhabi and Cuba, and boosting talks between the business communities of both sides. This came during the meeting held between them as part ...

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UAE’s AI economy opens avenues for more collaboration with US: Official

DUBAI / WAM The UAE moving towards an Artificial Intelligence economy gives more opportunities for the US to strengthen the existing bilateral relations, a senior US official told Emirates News Agency (WAM). “I think all these emerging technologies give us an opportunity [for the US and UAE] to strengthen the bilateral relationship. AI is an area that the US is ...

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Expo 2020 Dubai records 1.5m visits in first 24 days

DUBAI / WAM Expo 2020 Dubai has recorded 1,471,314 visits since its launch 24 days ago. Continuing to bring Expo 2020 Dubai to a global digital audience, the number of virtual visitors has risen to 10.8 million since October 01, up from 9.3 million last week. These numbers were boosted by Expo’s Space Week, a stellar programme of music and ...

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UAE reaffirms support to increase trade exchange among GCC nations

ABU DHABI / WAM A UAE delegation, led by Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, attended the 61st Gulf Cooperation Council (GCC) Trade Cooperation Committee meeting that took place in Manama, Bahrain. The meeting was attended by Dr Nayef Al Hajraf, Secretary-General of the GCC, as well as high-profile officials and ministers of trade ...

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Aldar to recruit 1,000 UAE nationals in next five years

ABU DHABI / WAM Aldar Properties will create employment opportunities for 1,000 UAE nationals over the next five years in line with the ambitious Emiratisation goals set out in the UAE’s ‘Projects of the 50’ initiative. The announcement reaffirms the company’s commitment to increase Emiratisation levels in the private sector and develop the next generation of highly skilled local talent ...

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Abu Dhabi Media launches Majid Universe app

ABU DHABI / WAM Abu Dhabi Media (ADM), the company behind the popular pan-Arab children’s comic magazine, TV channel and website, Majid, has launched Majid Universe – a brand-new app that takes the Arab world’s favourite animated characters into the digital age. Available on iOS and Android devices and Apple TV, via monthly and annual subscriptions, the Majid Universe app ...

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Saudi to use $110b gas field for blue hydrogen

Bloomberg Saudi Arabia said it would use one of the world’s biggest natural-gas projects to make blue hydrogen, as the kingdom steps up efforts to export a fuel seen as crucial to the green-energy transition. A large portion of gas from the $110 billion Jafurah development will be used for blue hydrogen, according to Energy Minister Prince Abdul Aziz bin ...

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Adipec 2021: Government, industry leaders to shape new energy agenda

ABU DHABI / WAM The Abu Dhabi International Petroleum Exhibition and Conference (Adipec) announced that it will be held in person this year between November 15-18, bringing together experts from across the sector and giving all attendees the chance to shape the future of the energy landscape. The exhibition will be held under the patronage of President His Highness Sheikh ...

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UAE banking industry in recovery mode: UBF chief

DUBAI / WAM Chairman of UAE Banks Federation (UBF), Abdul Aziz Al Ghurair, on Sunday held a press conference – his first since the UAE eased Covid-19 restrictions – during which he addressed a number of topics related to the post-pandemic recovery and growth of the UAE banking sector. Topics of discussion included the banking sector’s achievements during and post-Covid ...

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