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UAE launches global call to action on sustainability

ABU DHABI / WAM Abu Dhabi Sustainability Week (ADSW) on Wednesday launched the #WeAreCommitted campaign, calling on the global community to pledge their support to sustainability. The online campaign has brought together Sheikhs, government ministers, amba-ssadors, business leaders, and young innovators to share their commitments. According to economic analysis, tackling sustainability-related challenges could save the global economy up to $30 ...

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Startup funding in Mena up 31% to AED3.28bn

DUBAI / Emirates Business Startup funding across Mena region witnessed a strong growth in 2018 with record number of transactions, according to a report released by Magnitt — leading data platform tracking the region’s startup ecosystem. The 2018 Mena Venture Investment Report — which provides an in depth analysis of startup funding across the Middle East and North Africa — ...

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Abu Dhabi’s nominal GDP hits AED692.8bn

ABU DHABI / WAM The Abu Dhabi’s nominal gross domestic product (GDP) amou- nted to AED692.8 billion in the first nine months of 2018, 14 percent up from AED 608 billion during the corresponding period of 2017, according to the Statistics Centre- Abu Dhabi (SCAD). Driven by an economic upturn across oil and non-oil sectors alike, the nine-month GDP accounts ...

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