News The International Conference on Nuclear Security has started in Vienna. The International Conference on Nuclear Security (ICONS), organized by the International Atomic Energy Agency (IAEA), began yesterday with the theme ‘Shaping the Future’. The conference will run until May 24th at the IAEA headquarters in Vienna, Austria. It serves as a global platform for ministers, policymakers, and experts to discuss
News The first electric tug in the Middle East for the Marine Services fleet is being trialed by 'SAFEEN'. SAFEEN Group, a part of AD Ports Group, has announced that it is conducting a trial of an electric tug within their Marine Services fleet. This tug is the first of its kind in the Middle East and will be deployed at AD Ports Group’s main facility, Khalifa Port.
News After the president's helicopter crash, Iran has started power transition procedures. Iran has initiated the process of power transfer after a helicopter crash led to the deaths of Iranian President Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian, and several other local officials. Vice-president Mohammad Mokhber has assumed the presidency of Iran for a 50-day period starting today, as per constitutional provisions that
News DGR and Alliance Française are strengthening cultural and educational ties between France and the UAE. The Department of Government Relations (DGR), in collaboration with the Alliance Française in Sharjah, has launched a series of initiatives and events to strengthen cultural and educational ties with the French Republic. These efforts are part of the emirate’s ongoing mission to build upon existing cultural exchange and promote
News ACRES ends strongly with significant real estate deals at inaugural event. The first edition of the Acres Real Estate Exhibition 2024 was held at the Dubai World Trade Centre and concluded on a high note on Monday. The event marked a significant milestone with substantial real estate deals for both local and international projects. It attracted a remarkable turnout of visitors,
News Suhail Al Mazrouei leads UAE delegation to World Water Forum in Indonesia. Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, led the UAE delegation to the 10th World Water Forum in Bali, Indonesia, themed ‘Water for Shared Prosperity’. The Forum, organized by the World Water Council and the Government of Indonesia, brought together 30,000 participants from 180 countries, including government
News The IMF forecasts a 4% growth for the UAE economy in 2024. The International Monetary Fund (IMF) predicts that the real gross domestic product (GDP) of the UAE will grow by 4 percent in 2024. In a statement today, following the conclusion of a team of its experts' visit to the UAE regarding the 2024 Article IV consultations, the IMF stated
News The Ministry of Finance (MoF) has won three awards at the Excellence in Procurement Awards MENA 2024. The Digital Procurement Platform by the UAE Ministry of Finance (MoF) received three awards at the Excellence in Procurement Awards MENA 2024, organized by the Chartered Institute of Procurement and Supply (CIPS). The platform won in two categories: Best Use of Digital Technology and Best Procurement Transformation Programme, and was
News MoEI and Etihad have formalized a joint venture to deliver top-notch EV fast-charging infrastructure in the UAE. The UAE Ministry of Energy and Infrastructure (MoEI) and Etihad Water and Electricity (Etihad WE) have announced a new joint venture called UAEV. This initiative aims to establish a comprehensive electric vehicle (EV) charging infrastructure across the UAE. UAEV is the first EV charging network fully owned by the government.
News The Council of Arab Finance Ministers will meet in Cairo on Wednesday. The Arab Monetary Fund (AMF) is hosting the 15th regular session of the Council of Arab Finance Ministers in Cairo, Egypt, on Wednesday. This meeting is part of the annual joint meetings of Arab financial institutions and will be chaired by Nadia Fettah, Minister of Economy and Finance of the
News Inaugural UAE Games for People of Determination begins tomorrow: Special Olympics UAE Special Olympics UAE announced that the inaugural UAE Games for People of Determination will begin tomorrow in Abu Dhabi. More than 1,000 athletes with intellectual and developmental disabilities, students of determination, unified partners, coaches, technical staff, and supervisory teams will participate in the event. The organisers made the announcement
News In Q1 2024, the trade turnover between India and Russia reached $17.5 billion. Trade between Russia and India hit a record high of US$17.5 billion in the first quarter of this year. The total exchange between the two countries surpassed $50 billion for the first time. India's Ministry of Industry and Commerce, as reported by Russia Today, stated that
News UAE airports saw 36.5 million passengers in Q1 2024. The UAE's civil aviation sector experienced significant growth in the first quarter of 2024, with a total of 36.5 million passengers, as reported by the General Civil Aviation Authority (GCAA). This marks a 14.7% increase compared to the same period last year. The breakdown includes 10,
News ADX starts Global Investor Roadshow in New York. The Abu Dhabi Securities Exchange (ADX), which is one of the world's fastest-growing securities exchanges with a market capitalization of over US$765 billion, is pleased to announce the launch of its 2024 Global Investor Roadshow and Conference. The event will kick off in New York in collaboration
News In March, Qatar's Industrial Production Index rose by 4.7%. The Industrial Production Index (IPI) for March 2024 has reached 100.2 points, showing a 4.7% increase compared to the previous month (February 2024) and a 3.2% decrease compared to March 2023, as reported by the state news agency (QNA). This index reflects the growth of various industrial
News Elon Musk has launched the Starlink satellite internet service in Indonesia. Elon Musk traveled to Indonesia's resort island of Bali on Sunday to launch the Starlink satellite internet service in the world's largest archipelago nation, as reported by the Associated Press (AP). Musk was greeted at a community health clinic in Denpasar, the provincial capital of Bali,
News On Monday, gold prices reached an all-time high. Gold prices reached an all-time high on Monday due to a slowing US inflation trend, which raised expectations of an impending interest rate cut by the Federal Reserve. Spot gold was up 0.9% at $2,436.76 per ounce and hit a record high of $2,440.49 earlier
News China's central bank injects liquidity through reverse repos. China's central bank conducted a 7-day reverse repurchase agreement on Monday, providing 2 billion yuan (approximately 281.52 million US dollars) to commercial banks at an interest rate of 1.8 percent. The goal of this move is to maintain reasonable and sufficient liquidity in the banking system,
News Aid from the UAE arrives in Gaza with support from the United States Agency for International Development. Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, has announced the arrival of a shipment of food aid for the people of Gaza, specifically for the northern Gaza Strip. The shipment arrived via the maritime corridor from Larnaca in the Republic of Cyprus. It was made possible
News The Annual Cancer Conference at Mediclinic Abu Dhabi concludes. Under the patronage of Sheikh Nahyan Mabarak Al Nahyan, Minister of Tolerance and Coexistence, and with the support of the Department of Health – Abu Dhabi, the 3rd Mediclinic Abu Dhabi Annual Cancer Conference concluded on May 18, 2024. During the conference, Sheikh Nahyan expressed the UAE's commitment to
News The Emirates Publishers Association shares the UAE's publishing experience in Greece. During the 39th Thessaloniki International Book Fair in Greece, the Emirates Publishers Association (EPA) participated in Sharjah’s Guest of Honour Programme. The EPA shared the UAE’s distinguished publishing experience with an international audience. Throughout the fair, which began on 16th May and concluded today, the association highlighted its
News The Dubai Open Chess Tournament will draw 200 players from 28 countries. A total of 200 players representing 28 countries will compete for top honors at the 24th edition of the Dubai Open Chess Tournament. The Dubai Chess and Culture Club will host the prestigious tournament, scheduled to take place from May 25th to June 2nd, 2024. The details of the tournament
News Sharjah Islamic Bank has partnered with the 'haifin' platform to prevent fraud and drive digital transformation in the banking sector. In a move to enhance efforts to combat fraud and continue digital transformation plans in the banking sector, aligning with the digital goals of the United Arab Emirates, Sharjah Islamic Bank (SIB) has announced its joining of the "haifin" platform alliance. This move makes SIB the fourteenth member
News Sharjah showcases its heritage at TIBF. Dr. Sultan Sooud Al Qasimi, a member of the Heritage Preservation Committee in the UAE and a member of the American University of Sharjah Board of Trustees, emphasized that a city’s identity goes beyond its physical heritage, cultural expressions, architectural prominence, and historical monuments. Instead, it is intricately intertwined
News The 2nd edition of the UAE Schools and Nursery Show has started at Expo Centre Sharjah. The second edition of the UAE Schools and Nursery Show was launched on Friday at the Expo Centre Sharjah (ECS) and is scheduled to run until 9th May. The event, organized by ECS with the support of Sharjah Chamber of Commerce and Industry (SCCI) and in collaboration with the Sharjah