The total volume of non-oil foreign trade through the border crossings of the Emirate of Abu Dhabi amounted to AED281.903 billion during the year 2023, with a growth rate of 8 percent compared to AED260.435 billion in 2022. Imports grew by 19 percent during the past year, reaching a value of...
The UAE Federation of the Chambers signed two Memoranda of Understanding (MoUs) with Colombian counterparts to boost investment and trade opportunities between the two nations. These MoUs also establish a joint business council. The agreements align with the recently signed Comprehensive...
Dubai Electricity and Water Authority (DEWA) launched the second edition of its Infrastructure NOC (No-Objection Certificate) Technical Manual, to be a reference for contractors, consultants, and developers accredited by DEWA. This is part of DEWA’s efforts to promote business in the Emirate....
The Transport General Authority (TGA) exempted the private educational institutions from the minimum bus limit, Saudi Press Agency reported. The authority earlier stipulated that such institutions should provide at least five vehicles. The decision aims to facilitate providing...
Ayman Al-Sayari, Governor of the Saudi Central Bank (SAMA), stressed the importance of the global economy flexibility amid the current challenges and the balance of risks that threaten economic prospects. At the IMF/WB 2024 Spring Meetings, held in Washington, DC, Al-Sayari pointed to the...
Deloitte Middle East announced the launch of Kiyadat, a center of excellence designed to empower national talent across the Gulf Cooperation Council (GCC) region. In Arabic, "Kiyadat" translates to "Leaders", symbolizing the commitment to fostering national talent and paving their way towards...
France-based global rail transport company Alstom signed a contract to upgrade the Innovia automated people mover (APM) system at the King Abdulaziz International Airport (KAIA), Jeddah, according to a company statement. Under the contract, Alstom will provide design, engineering,...
The General Department of Traffic (GDT) started April 18, reducing the payment of accumulated traffic fines by 50%. The decision applies traffic violations committed by Saudi nationals, residents, visitors, and GCC nationals before today, GDT said in a statement. To...
The Islamic Development Bank Group (IsDB) is set to hold its 2024 Annual Meetings and IsDB Golden Jubilee in Riyadh from April 27-30, under the Royal Patronage of the Custodian of Two Holy Mosques, King Salman Bin Abdulaziz Al-Saud. The 2024 Annual Meetings will be held under the theme of...
The Ministry of Energy and Infrastructure (MoEI) will participate in the World Future Energy Summit (WFES) 2024, to be held at the Abu Dhabi National Exhibition Centre from April 16th to 18th. During its participation, the Ministry plans to highlight the UAE’s achievements in the clean energy...