News

FNC, British Parliament discuss cooperation, regional developments

ABU DHABI / WAM Dr Ali Rashid Al Nuaimi, Chairman of the Defence, Interior, and Foreign Affairs Committee of the Federal National Council (FNC), met on Wednesday with Jon Pearce, Member of the British Parliament, to discuss ways to strengthen parliamentary cooperation between the two sides. During the meeting, both sides emphasised the importance of enhancing parliamentary cooperation between the ...

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Next50 explores UAE’s investment prospects in new economy sectors

ABU DHABI / WAM The Next50 initiative, launched by Investopia and EMIR, held its second meeting in the presence of Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia, and Hassan El Khatib, the Egyptian Minister of Investment and Foreign Trade. The meeting, which formed part of the ‘Investopia Communities’ roundtable series at Investopia 2025 in Abu ...

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UAE President directs establishment of Zayed Education Foundation to empower next generation of global leaders

ABU DHABI / WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Zayed Education Foundation has been established to empower young leaders in developing solutions to pressing global challenges through collaboration in education, research, and innovation. By 2035, the Foundation aims to support 100,000 promising young talents, equipping them to drive economic, social, and ...

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Dubai secures top rankings in GAR 100 Data Report on international arbitration

DUBAI / WAM The Dubai International Arbitration Centre (DIAC) announced that it has secured high rankings in the GAR 100 Data Report, published by Global Arbitration Review (GAR), the most widely read and influential publication in the field. The report ranks Dubai as the fifth most popular arbitration seat worldwide by case volume, surpassing more than 405 arbitration seats and ...

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Dubai ranked world’s top destination for attracting Greenfield FDI for fourth successive year

DUBAI / WAM Dubai has been ranked the world’s No 1 destination for Greenfield Foreign Direct investment (FDI) projects for the fourth successive year, according to the Financial Times Ltd’s ‘fDi Markets’ data. In 2024, Dubai attracted AED52.3 billion ($14.24 billion) in estimated FDI capital, a 33.2% increase from AED39.26 billion ($10.69 billion) in 2023, marking the highest FDI value ...

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in5 highlights start-up’s global expansion pathways

DUBAI /WAM in5, the region’s leading start-up and entrepreneurship incubator and a uniting platform for innovators to unlock global growth, showcased the successes of its start-ups that have started 2025 with vital funding rounds to propel new market expansion at Step Dubai. Founded by TECOM Group PJSC in 2013, in5 highlighted the growing maturity of Dubai’s entrepreneurial ecosystem at Step ...

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MoI, Emirates NBD Capital partner to boost international investment inflows

ABU DHABI/WAM The Ministry of Investment (MoI) and Emirates NBD Capital, the investment banking arm of the UAE’s leading bank, have signed a memorandum of understanding (MoU) to establish a cooperative framework aimed at facilitating international investment inflows into the UAE. This partnership reinforces the UAE’s commitment to strengthening its position as a global investment hub. The MoU was officially ...

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RTA carries out roadworks leading to Hatta Souq Roundabout

DUBAI/WAM As part of its ongoing efforts to develop infrastructure and enhance mobility across various areas of Dubai, the Roads and Transport Authority (RTA) has announced the completion of road improvement works on the approaches to the Hatta Souq Roundabout. The project serves RTA’s objectives to improve traffic flow, reduce travel time, and enhance road safety for all users, ultimately ...

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CABSAT, Integrate ME to return for latest editions

DUBAI/WAM CABSAT and Integrate Middle East (Integrate ME) are set to return in 2025 with their latest editions, taking place from May 13 to 15 2025, at the Dubai World Trade Centre (DWTC). These renowned events will unite leading professionals from the media, content, broadcast, Pro AV, and technology sectors to explore cutting-edge innovations and trends reshaping the future of ...

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MoFA receives credentials copy from new Ambassador of Georgia

ABU DHABI/WAM Omar Obaid Al Hassan Al Shamsi, Undersecretary of the Ministry of Foreign Affairs, received a copy of the credentials of George Janjgava, Ambassador of the Georgia to the UAE. Al Shamsi wished the new Ambassador of Georgia success in performing his duties and emphasised the UAE’s keenness to enhance the relations between the UAE and Georgia in all ...

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