#UAE

MoHAP

UAE’s MoHAP launches 3D digital metaverse assessment service

The service integrates the real, virtual and digital worlds, enhancing the delivery of both government and private healthcare services

UAE central bank raises base rate _ feb 2023

UAE central Bank raises base rate by 25 basis points

The central banks of Saudi Arabia and Bahrain also increased their interest rates after the US Federal Reserve raised its target interest rate

UAE

Fringe to forward: Charting fintech’s journey in the UAE 

Initiatives launched by the government to support crypto and metaverse firms have created strong incentives for fintech companies to invest and grow in the country

Aster pharmacy Talabat

Aster Pharmacy, talabat UAE announce partnership to deliver prescription medicines

Customers can now upload their prescriptions on talabat and have them delivered to their doorsteps in 90 minutes

Agthia

Agthia Group reports 14% rise in net profit for 2022

Agthia Group’s total assets stood at Dhs6.8bn as at December 31, 2022

UAE's digital economy to reach $140bn in 2031: Dubai Chamber of Digital Economy

UAE’s digital economy to reach $140bn in 2031: Dubai Chamber of Digital Economy

The chamber’s plans include attracting 300 digital startups and 100 tech experts to Dubai by 2024

The UAE and France to jointly focus on decarbonisation of hta industries

UAE, France to jointly focus on decarbonisation of hard-to-abate industries

The bilateral initiative, which will officially launched during COP28, will focus on low-carbon hydrogen and sustainable fuel production and their respective value chains

UAE increases fuel prices for February 2023

UAE increases fuel prices for February 2023

Prices were increased by up to 10 per cent

Sheikh Mohammed opens Arab Health 2023

More than 3,000 exhibitors from over 70 countries are showcasing healthcare technologies at the event

MohRE extends deadline to rectify private sector employment contracts

UAE’s MoHRE extends deadline to rectify private sector employment contracts

The new deadline is now December 31, instead of February 2

Bosses can ask employees to work overtime up to two hours a day

An employee’s total working hours should not cross 144 every three weeks

Aster DM Healthcare

Power Letters 2023: Alisha Moopen, deputy managing director, Aster DM Healthcare

We have a number of expansion projects lined up for 2023

Rainfall

UAE weather update: More rain, drop in temperatures expected

The country’s lowest temperature – 3.2°C – was recorded at 1am this morning at Jais Mountain

UAE President visits Pakistan

UAE President visits Pakistan

The two sides reviewed several regional and global issues of mutual concern and exchanged views

Venture debt funding in MENA crosses $260m in 2022

Venture debt funding in MENA crosses $260m in 2022

Fintech accounted for 61 per cent of total funding between 2018 and 2022

UAE weather update: Overcast conditions, rainfall expected this week

The UAE recorded its lowest temperature of 2.8°C in Jais Mountain (Ras Al Khaimah) at 5.15am local time today

Aldar announces record sales for period ending Sept 30, 2022

UAE telcos partner with Aldar Properties to deliver advanced services

By virtue of the agreement, both service providers will deliver telecommunications infrastructure for the developer’s major projects

Oman

Oman Energy firm OQ to sell 49% stake in oil-drilling unit IPO

The IPO could raise as much as $500m

UAE President announces 2023 as ‘Year of Sustainability'

UAE President announces 2023 as ‘Year of Sustainability’

The announcement follows the Abu Dhabi Sustainability Week, which concluded on January 19

UAE partners with WEF to support trade tech initiative

UAE partners with WEF to support trade tech initiative

The new initiative aims to digitalise international supply chains to enable faster and cost-efficient trade

Masdar

UAE’s Masdar targets $750m bond sale

The firm plans to grow its renewables capacity five-fold by the end of the decade

UAE astronaut Sultan Al Neyadi to travel to space on February 26

UAE astronaut Sultan Al Neyadi to travel to space on February 26

The Falcon 9 rocket and the Dragon Endeavour spacecraft is scheduled to launch from NASA’s Kennedy Space Center in Florida

ADNOC Distribution, Taqa partner to offer EV charging points across UAE

ADNOC Distribution, Taqa partner to offer EV charging points across UAE

The E2GO joint venture will play a critical role in delivering EV charging infrastructure across Abu Dhabi

Zambia

Zambia signs $2bn solar power development pact with UAE

Construction will be done in phases, starting with the installation of 500 megawatts

UAE reduces legal age to run a business

UAE reduces legal age to run a business

The issuance of the new law replaces previous legislation that remained in effect for almost three decades

Power Letters 2023: Saif Humaid Al Falasi, group CEO, ENOC

Power Letters 2023: Saif Humaid Al Falasi, group CEO, ENOC

Looking ahead, our efforts and investments across the upstream, midstream and downstream segments of the business will continue to drive our strategy in 2023 and beyond

Antonio Gonzalez - Chairman and CEO Sunset Hospitality Group

Sunset Hospitality Group’s Antonio Gonzalez on the company’s big plans for 2023

The chairman and CEO of Sunset Hospitality Group shares how SHG is planning to reach a total of 60 venues locally and internationally within the next 12 months

UAE President receives Azerbaijan's head of state

UAE President receives Azerbaijan’s head of state

The president of Azerbaijan, Ilham Aliyev, is paying a working visit to the UAE

South Korean president arrives in UAE on Jan 14, 2023 pic courtesy WAM

South Korea’s President Yoon Suk Yeol arrives in UAE on state visit

The South Korean President was received by Sheikh Abdullah bin Zayed Al Nahyan, UAE’s Minister of Foreign Affairs and International Cooperation

Savii

Women in tech: Jane Harvey, co-founder and CEO at Savii

Young girls need role models and as women operating in this space, it is incumbent to show that there is a seat for females at the table