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AI is crucial for achieving UAE’s Net Zero goals by 2050: Sheikha Shamma

ABU DHABI / WAM Artificial Intelligence (AI) is crucial for the UAE in its ambitious efforts to tackle climate change, according to a senior Emirati official who graduated an AI programme from the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI). “Artificial Intelligence (AI) is set to play a fundamental role in the UAE’s transition to a green economy and ...

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Dubai World Trade Centre welcomes 1.98mn visitors

DUBAI / WAM Dubai World Trade Centre (DWTC) has announced 2022 annual results with strong performances across its businesses, hosting 1.98 million delegates with a robust visitation growth of 29%. The results were driven by 244 MICE (Meetings, Incentives, Conferences, and Exhibitions), business and consumer events. Of these, 97 exhibitions and conferences attracted 1.18 million attendees of which 38% were ...

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Arada launches ‘Sarai’ at Sharjah’s forest community, Masaar

SHARJAH / WAM Arada has introduced home sales for the first time in Sharjah with the launch of Sarai, the fifth phase at its woodland megaproject Masaar. With prices starting from AED20 million, the inclusion of a limited selection of 36 mansions in this phase of the fast-selling development comes amidst growing demand for ultra-luxury properties both in Sharjah and ...

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Jawhara Jewellery captivates crowd at 51st WJME Show

SHARJAH / GULF TIME Jawhara Jewellery, the premier Emirati brand, is proud to announce its participation in the 51st edition of the Watch & Jewellery Middle East (WJME) Show. The event, held at the Sharjah Expo Center from March 8-12, hosted 500 exhibitors from 20 countries worldwide, showcasing the most stunning collections of Jewellery, watches, and gold artifacts. Mohammed Tamjid ...

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Aramco net income up 46.5% to record $161 billion in 2022

DHAHRAN / WAM The Saudi Arabian Oil Company (Aramco or the company) on Sunday announced its full-year 2022 financial results, reporting a record net income of $161.1 billion — its highest annual profits as a listed company. Aramco also declared a fourth quarter dividend of $19.5 billion, to be paid in the first quarter of 2023. The results were underpinned ...

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Abu Dhabi to boost business opportunities of suppliers

ABU DHABI / WAM In line with its new strategy and as part of its role as a Networker, the Abu Dhabi Chamber of Commerce and Industry (ADCCI), in cooperation with the National Marine Dredging group (NMDC group), is set to organise the “Let’s Grow Together” event, which will take place on March 16 at the chamber’s building, to bolster ...

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UAE to forge ahead to ensure energy sector reaches new heights: Minister

DUBAI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, reaffirmed that the UAE will continue to forge ahead to ensure all sectors, particularly the energy sector, reach new heights through collaboration and a steadfast commitment to excellence and leadership. The minister made his comment during a session titled ‘Charting the Future of the UAE’s Energy Sector’, ...

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Egypt’s exports to China up by nearly 21% in 2022

CAIRO / WAM Egyptian exports to China rose by 20.8% to $1.7 billion in the first 11 months of 2022, up from $1.4 billion in the same period in 2021, according to a statement released by Egypt’s Central Agency for Public Mobilisation and Statistics (Capmas). The trade exchange between Egypt and China increased by 2.6% during the first 11 months ...

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RTA awards contract for phase 4 of ‘Al-Shindagha’ project

DUBAI / WAM The Roads and Transport Authority (RTA) has awarded the first contract under Phase 4 of Al Shindagha Corridor Improvement Project, which aims to keep pace with the continuous development of the locality while catering to the demands of urban expansion and population growth. The project is being carried out in response to the directives of His Highness ...

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14th EmiratesSkills National Competition begins at Adnec

ABU DHABI / WAM The 14th edition of the EmiratesSkills National Competition, taking place from March 13-14, will see the Abu Dhabi National Exhibition Center (Adnec) come alive with the participation of more than 300 talented Emiratis, who will compete in 23 technical and vocational skills, assessed and evaluated by over 100 experts. Organised by Abu Dhabi Centre for Technical ...

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