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During Q1 2022, UAE public spending amounted to AED87.4 billion
According to Ministry of Finance statistics, Abu Dhabi's public spending in the first quarter of 2022 totaled AED87.4 billion, an increase of 19.6 percent and equivalent to AED14.34…
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Collaborations with UAE help boost Indian farm exports by 31 percent
An international buyer-seller meet in Ladakh attended by buyers from Dubai and Oman and buyer-seller meetings in the UAE on agricultural and food products with registered geographical…
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World food prices drop for July, but supply worries persist – FAO
In the wake of the developments in Ukraine, food prices fell for the fourth consecutive month in July, according to the Food and Agricultural Organization (FAO). As expected, the UN…
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2 GW renewable energy agreement between Masdar and TANESCO
A joint development agreement between Masdar and Tanzania Electric Supply Company Ltd. (TANESCO) has been signed regarding the development of renewable energy projects up to 2 gigawatts…
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Abu Dhabi International Boat Show launches early bird ticket sales
Early bird ticket sales for the Abu Dhabi International Boat Show (ADIBS), the UAE capital's prestigious boating, marine, and fishing show, have begun. From 24 to 27 November 2022, the…
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FDIs in UAE grew by 116 percent over the last decade
The UAE has witnessed significant growth in Foreign Direct Investment (FDI) in the recent years, despite the COVID-19 pandemic. The Ministry of Economy reported that during the past…
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Global media and entertainment industry to reach $2.4 trillion by 2023
A growing dependence on innovation and artificial intelligence (AI) is evident in the global media and entertainment services sector. PricewaterhouseCoopers (PwC) estimates the sector…
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UAE plays a crucial role in securing global energy supplies – OPEC
As one of the world's largest oil producers, and considering future directions to increase energy productivity, Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum…
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India to build 220 airports, heliports, and water aerodromes in five years
Under Prime Minister Narendra Modi, India has planned to build and operationalize 220 airports, heliports, and water aerodromes over the next five years. In a written reply to a…
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Suez Canal revenue hits highest record at $704 million in July 2022
The revenue from the Suez Canal for Egypt in July amounted to $704 million, according to the chairman of the Suez Canal Authority, Osama Rabea, on Tuesday. According to Rabea, the Canal…
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