Tag: latest updates
UAE Showcases Tech-Forward Governance at Berlin Initiative
A pivotal moment for the UAE government emerged with its participation in the official inauguration of the Global Government Technology Centre (GGTC) in Berlin. This collaboration, a strategic alliance between the World Economic Forum and GovTech Campus D...
Trump Rallies Supporters With Musk at Site of Assassination Attempt
Donald Trump staged a high-profile rally in Butler, Pennsylvania, where he narrowly escaped an assassination attempt in July. The former president was joined by Tesla CEO Elon Musk, drawing significant media attention as he made his return to the venue, a...
S&P Lowers Israel’s Credit Rating Amid Security Concerns
Standard & Poor's has downgraded Israel's credit rating from A+ to A, primarily citing increased security risks stemming from escalating tensions in the region. The decision reflects the rating agency's assessment that the current geopolitical climate...
UAE Takes Action Against Telemarketers by Suspending Numbers
The UAE's telecommunications regulatory authority has initiated a crackdown on telemarketers by suspending the mobile numbers of numerous firms engaged in unsolicited marketing practices. The move aims to protect consumers from persistent spam calls and e...
UAE launches National Economic Registry to boost transparency
Aiming to enhance transparency and streamline access to economic data, the UAE’s Ministry of Economy has launched the National Economic Registry (NER). The initiative is set to serve as a centralized platform, providing comprehensive information on compan...
Qatar to Merge Telecom Firms, Creating Digital Infrastructure Giant
Qatar is set to witness a transformative shift in its telecom sector as the Qatar Investment Authority (QIA) plans to merge two key entities in a move that could reshape the region's digital landscape. The decision to unite Ooredoo, the country's largest...
UAE’s First Centralized IP Hub Unveiled in Dubai
Dubai has taken a significant step toward solidifying its position as a global leader in innovation and intellectual property (IP) management with the launch of the Dubai Intellectual Property Hub (DIPH). Developed in collaboration between the Dubai Futur...
DP World expands Mozambique’s logistics sector with major investment
DP World, the global logistics giant headquartered in Dubai, is preparing to make a significant contribution to Mozambique’s economic landscape by expanding its operations in the country. This development follows a high-profile meeting between Sultan Ahme...
Qatar Airways acquires strategic stake in Virgin Australia
Qatar Airways has solidified its global presence by purchasing a 25% stake in Virgin Australia, marking a significant move in its bid to expand its footprint in the Asia-Pacific region. The Gulf-based carrier’s acquisition was announced on Tuesday, follow...
Stellantis Adjusts Profit Projections Amid Rising Costs
Stellantis NV has revised its profit margin forecasts for 2024, attributing the changes to increased costs associated with revitalizing its Jeep and Dodge brands in the United States, as well as a notable slowdown in the global automotive sector. This str...
Saudi Arabia Unveils New Font Celebrating Cultural Identity
A new typeface named
New Guidelines Transform Marketing for Virtual Asset Providers
The Virtual Assets Regulatory Authority (VARA) unveiled updated marketing regulations aimed at enhancing the operational framework for virtual asset service providers (VASPs) in Dubai. This move is part of a broader effort to ensure that consumer protecti...
UAE Central Bank Raises 2024 GDP Growth Forecast to 4%
The Central Bank of the UAE has upgraded its economic growth forecast for 2024, projecting a Gross Domestic Product (GDP) increase of 4%. This revision reflects a strong performance from the non-oil sector, which is anticipated to grow by 4.7% in both 202...
India’s Symbiosis opens Dubai campus
Symbiosis International (Deemed University), one of India’s most esteemed academic institutions, has successfully launched its first international campus in Dubai, officially licensed by the UAE Ministry of Education (MOE) and Knowledge and Human Develop...
Faerieland Awakens with Neopets’ New Match-3 Game
Neopets has announced the upcoming launch of