Tag: UAE
UAE has world’s cheapest Mars Missions; Hope Probe nears launch
UAE's Minister of Cabinet Affairs, Mohammad bin Abdullah Al Gergawi has observed that at $200 million, the emirate's Hope Mars Mission is considered among...
UAE banking sector can tackle any macro-financial shocks; Central Bank
The Central Bank of the UAE (CBUAE)'s recent Financial Stability Report (FSR) states that the UAE's banking sector can withstand any form and size...
Amazon enters on-demand service market in UAE; Unveils Amazon Home Services
Global e-commerce giant Amazon has unveiled Amazon Home Services, a marketplace for more than 70 on-demand professional services in the UAE.
Users can easily book...
UAE’s largest power plant nears completion; Attains financial closure
Abu Dhabi National Energy Company (Taqa) today, confirmed the completion of the financial closing of the largest gas-fired power plant in the United Arab...
UAE launches ‘The Bankers Programme’ to promote youth into Banking Sector
UAE's Human Resources Authority (HRA) has collaborated with the Abu Dhabi Global Market (ADGM) Academy, and First Abu Dhabi Bank (FAB) to set up...
MENA startups raise $659 million funding in H1 2020: Magnitt Report
Start-ups in the Middle East and North Africa raised funds worth $659 million in the first half of the year, which is up 35%...
UAE’s Non-Oil private sector recovering; IHS Markit
Reports based on IHS Markit's latest index suggest that the United Arab Emirates (UAE) non-oil private sector which includes manufacturing and services grew to...
UAE alters government structure for Post-COVID World; Details expected today
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has approved the new...