The Economic Integration Committee held its fourth meeting for the year 2023, chaired by Abdulla bin Touq Al Marri, Minister of Economy. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and the representatives of the UAE’s local economic development departments also attended the meeting.
Month: October 2023
Post
Post
AED 123.3 bn market size of 100 investment opportunities under ‘Abu Dhabi Channel Partners’ to enhance industrial ecosystem: ADDED
Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED) has unveiled that ADDED will provide 100 investment opportunities, with a combined market size of AED 123.3 billion (US Dollar 33.5 billion) by 2027 under the ‘Abu Dhabi Channel Partners’, launched as part of Abu Dhabi Industrial Strategy’s (ADIS) initiatives to enhance industrial ecosystem by providing detailed guides of investment opportunities and tailored incentives packages to address the needs of key players and investors.
Post
WHO, WADA sign MoU to collaborate on clean, drug-free sport
The World Anti-Doping Agency (WADA) and the World Health Organization (WHO) have signed a four-year memorandum of understanding (MoU) to allow experts from both international organizations to collaborate and share information on issues where anti-doping and public health intersect.
Post
ADIPEC Awards 2023: Recognising changemakers transforming energy industry
A coveted recognition for the energy industry, the ADIPEC Awards is an important part of ADIPEC, which takes place in Abu Dhabi from 2-5 October 2023.
Post
Dubai is hoping to launch a fully operational flying taxi service by 2026
A white aerial transportation vehicle with six propellors is positioned adjacent to the Burj Khalifa, the tallest edifice globally. The city of Dubai aspires to establish an aerial taxi network by the year 2026. This network, constructed by Skyports, aims to transport passengers to prominent urban destinations utilizing compact electric flying vehicles. Furthermore, various other aerial taxi services are also planning to commence operations in major cities worldwide.
Post
Saudi Arabia revises growth forecast for 2023 and 2024 as spending rises
Saudi Arabia, the largest economy in the Arab world, has revised its growth forecast for 2023 and anticipates a budget deficit this year as it increases spending to achieve its diversification goals. According to a preliminary budget statement from the Ministry of Finance, the kingdom expects a minimal real gross domestic product growth of 0.03 percent this year, primarily due to a voluntary reduction in oil production.
Post
Team Abu Dhabi battle to keep title hopes alive in UIM F1H2O World Championship 2023
Team Abu Dhabi’s Thani Al Qemzi and Rashed A Qemzi are prepared for a big fight in Sardinia tomorrow to keep alive their team title hopes in the 2023 UIM F1H2O World Championship.
While Sweden’s Jonas Andersson can clinch the drivers’ crown with victory in the Regione Sardegna Grand Prix of Italy after securing pole position today, the two Emirati cousins are still battling to deliver a sixth successive team triumph to the UAE capital.