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World Tourism Day 2022 in Bali with the theme ‘Rethinking Tourism’
On September 27, Bali, Indonesia, will host the official World Tourism Day event, reflecting the change in perception of tourism’s role as an essential development […]
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COP27 host Egypt vows to reach 100% green projects by 2030
According to Egypt’s Minister of Environment, Yasmine Fouad, the country is on track to have all of its national projects comply with green standards by […]
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Dubai’s non-oil economy reaches a pre-COVID high as travel and retail boom
Dubai’s non-oil private sector economy saw business activity reach a 38-month high as demand grew and input prices decreased at a record rate. From 56.4 […]
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Inflation Reduction Act passed by the US Senate as inflation rises in the country
The US Senate passed the Inflation Reduction Act, successor to the House-passed Build Back Better Act of late 2021, which is touted to help reduce […]
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$30 million offered by Khalifa Fund to assist Kenyan Small and Medium Enterprises
An AED 110 million ($30 million) finance agreement was signed by the Khalifa Fund For Enterprise Development (KFED) and the National Treasury & Planning Ministry […]
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Dubai Expo City to welcome Malaysia’s Pavilion again as a tech hub
Malaysia’s Technology and Innovation Hub that had been established within the Malaysia Pavilion at Expo 2020 Dubai and will be a component of Expo City […]
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US dollar surges, almost in line with the Euro. Gold is the way forward for many
For the first time in nearly 20 years, the exchange rate between the Euro (EUR) and the US dollar is almost the same. The two […]
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MENA members UAE, Egypt, and Jordan, agree on a strategic $10bn industrial partnership
From food, agriculture, fertilizers, pharmaceuticals, textiles, minerals and metals, and petrochemicals; Egypt, UAE, and Jordan are set to synergize land, labor, and capital. The nations […]
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UAE’s ‘NextGen FDI’ is all set to welcome new global businesses and talent
A brand new business venture powered by the UAE Ministry of Economy will soon gather more than 300 digitally inclined firms in the emirates by […]
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New company classifications in UAE has come into effect starting June 1, 2022
The UAE’s Ministry of Human Resources and Emiratisation (MOHRE) has announced a new categorization system for businesses in the UAE, with three levels of classification. […]
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Kuwait committee modifies residency rules to attract new investors
The Interior and Defense Affairs Committee of Kuwait’s parliament has approved a proposal to increase the maximum residency duration for expats to five years. Depending […]
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Bioserve launches “Ironhand” Gloves to reduce injuries to workers
The advancements in technology, especially in the field of augmented technology, work towards mitigating problems humans face on a regular basis. The workforce at a […]
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