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UAE makes its way to the top 25 countries in the 2022 World Talent Ranking
As Switzerland topped the talent magnet in the world, the Emirates climbed two places to 21st, according to the 2022 IMD World Talent Ranking (WTR). […]
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India launches its digital currency as the world seeks to counter the uncertainty of the crypto market
The recent fall of the FTX crypto exchange sent shockwaves throughout the financial world. The exchange valued at 32 billion euros declared bankruptcy last month. […]
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China and Saudi Arabia shake hands to enhance trade relations between the two countries on a whole range of sectors
President Xi Jinping of China made a historic trip to the Kingdom of Saudi Arabia to solidify business relations between the two nations. He met […]
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The UAE plans to roll out its new corporate tax in 2023. Here’s what you need to know
The United Arab Emirates recently issued a federal corporate tax law which will impose a 9% rate on taxable incomes that exceed AED 375000. Those […]
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China’s digital economy hits $6.3 trillion
A recent report released by the Chinese Academy of Cyberspace Studies revealed that China’s digital economy hit a new high of $6.3 trillion (45.5 trillion […]
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‘Red Gold’ Saffron grows in Sharjah’s desert
We know Dubai is famous for gold, but what if we tell you gold ‘grows’ in the country now! Well, not quite literally, but saffron, […]
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Bahrain announces discovery of two new natural gas reservoirs
The Gulf is considered a gold mine for oil. And now, Bahrain- although known as one of the smallest oil-producers in the Arab world has […]
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Hyundai to build $5.5 Bn electric vehicle plant in the USA
South Korea’s automotive manufacturer Hyundai announced the kick-off of a $5.5 billion electric vehicle and battery plant in the United States. The plant is expected […]
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Crypto firm 21Shares lists Bitcoin ETP on Nasdaq Dubai
Crypto investments firm 21.co listed its subsidiary 21Shares AG, as a Bitcoin exchange-traded product on Nasdaq Dubai. This makes it the Middle East’s first physically-backed […]
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UAE’s Lulu Group to go public ahead of expansion
Abu Dhabi’s Lulu Group International is set to launch an IPO next year. The move comes as the retail giant plans to expand its operations […]
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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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