News

DUBAI / WAM Dubai has registered a 3.3 percent rise in the real gross domestic product (GDP) in the first nine months of 2023, further demonstrating its economic strength, resilience and robust growth potential. The achievement reflects the city’s sustainable development strategies and its continued dynamism as a leading global economic powerhouse. From bustling tourism hubs to tech-powered communications networks, ...

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) registered over 7,800 new companies in its thriving business community in 2023, representing 86 percent increase in new registrations compared to the previous year, further underscoring Rakez’s enduring appeal as the go-to destination for entrepreneurial success Reflecting on this economic expansion, Ramy Jallad, Rakez Group CEO, stated, “The latest ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and Mastercard have announced a collaboration to fuel the growth of the booming small and medium enterprise (SME) sector in Abu Dhabi and the wider UAE by digitalising SME payment flows. The partnership will empower SMEs to meet their growth potential through Mastercard’s technologies and resources. Under the collaboration, Mastercard and ...

ABU DHABI / WAM Under the patronage of HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Office of Development and Martyrs Families Affairs at the Presidential Court, and Chairman of the Abu Dhabi Early Childhood Authority (ECA), the WED Innovation Lab activities kicked off today in Abu Dhabi. The initiative is a milestone activity that reflects ...

ABU DHABI / WAM Held under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, the sixth edition of Unmanned Systems Exhibition (UMEX) and the Simulation Training Exhibition (SimTEX) Conference has kicked off today at the Abu Dhabi National Exhibition Centre (Adnec). Organised by Adnec Group and Ministry of Defence, with Edge Group as ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday visited the third edition of the World of Coffee 2024 exhibition being held at the Dubai World Trade Centre until January 23. During the visit, His Highness said that Dubai continues to consolidate its status as ...

ABU DHABI/ WAM The third edition of the Make in the Emirates Forum, organised by the Ministry of Industry and Advanced Technology (MoIAT) in collaboration with Abu Dhabi Department of Economic Development (ADDED) and ADNOC, will take place on 28th and 29th May 2024 at the Abu Dhabi Energy Centre. The annual platform showcases enablers and investment opportunities within the ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan underlined the UAE’s unwavering commitment to comprehensive, sustainable, and integrated economic and social development plans. His Highness highlighted the nation’s dedication to enhancing its capabilities and expertise, diversifying them in the energy sector, considering it the backbone of development efforts and plans, with a simultaneous focus on sustainability ...

DUBAI/ WAM The governments of the UAE and the Republic of Malta have announced the launch of the Malta Executive Leadership Programme, inspired by the UAE’s model of government leadership. The announcement was made during a visit by a delegation from the Government Experience Exchange Office (GEEO) at the Ministry of Cabinet Affairs to Valletta, capital of Malta, as part ...

SHARJAH/ WAM IPT Energy LLC, a prominent leader in the energy sector with origins in Lebanon since 1970, recently expanded its presence in Sharjah by establishing IPT Energy Trading. This new entity actively engages in the importation and trading of refined oil products, petrochemicals, lubricants, and grease. This notable activity, supported by Invest in Sharjah, commemorated IPT Energy’s substantial growth ...