The UAE National Youth Muay Thai Team won nine medals during its participation in the 2024 IFMA Youth World Championships, which concluded in Bangkok on Friday. The event saw the participation of 3,000 athletes from 92 countries, organised under the supervision of the International Federation of Muay Thai Associations (IFMA).
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Al-Azhar Grand Imam calls for global efforts to halt Gaza aggression
His Eminence Prof. Dr. Ahmed Al-Tayeb, Grand Imam of Al-Azhar and Chairman of the Muslim Council of Elders, has called for immediate international action to halt the aggression on Gaza, ensure the entry of humanitarian aid into the besieged region, and provide essential support to end the prolonged bloodshed.
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Ministry of Economy raises awareness on IP rights in creative industries in UAE
The Ministry of Economy (MoEc) hosted an array of events in connection with the World Intellectual Property (IP) Day, celebrated this year under the theme “IP and SGDs: Building Our Common Future with Innovation and Creativity”.
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Ministry of Economy to launch ‘National Forum for SMEs – Government Procurement’ tomorrow
The Ministry of Economy (MoEc) announced that it will launch the ‘National Forum for Small and Medium Enterprises - Government Procurement’ on Tuesday at the Godolphin Ballroom of the Jumeirah Emirates Towers Hotel in Dubai.
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Gross banks’ assets increased to over AED4.1 trillion at end of January 2024: CBUAE
The gross banks’ assets, including bankers’ acceptances, increased by 0.8 percent, from AED 4,075.2 billion at the end of December 2023 to AED 4,109.1 billion at the end of January 2024, according to the Central Bank of the UAE (CBUAE).
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Dubai International Chamber supports Euromercato in European markets
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that it supported UAE-based Euromercato in the European market, by strengthening its partnerships in the food sector with European companies.
The company participated in a trade mission led by the Dubai International Chamber to the Anuga Food Fair in Germany last year, which brought together representatives from 13 businesses from the emirate with potential partners on the sidelines of the event. More than 30 bilateral business meetings were arranged for Euromercato to explore opportunities for collaboration with some of Europe's leading food producers.
The chamber’s support played a key role in Euromercato successfully concluding five trade agreements to supply authentic Italian food products in the UAE from prominent European brands including Arteolio, Maison Andresy, Pastificio Armando, Pasta Berruto & Arrighi, and Pasta dalla Costa.
During its participation in the trade mission, Euromercato also strengthened existing partnerships with a number of European food suppliers. The company entered into an exclusive distribution agreement in the UAE with Spanish company Pascual, as well as expanding its retail distribution agreement with Zini to supply its products to hotels, restaurants, and cafés.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented, “As Dubai’s importance on the global trade map continues to increase, Dubai Chambers is committed to enhancing the competitiveness of local companies while providing rewarding opportunities to grow their business locally and internationally. We endeavour to build promising trade and investment partnerships that will boost Dubai's foreign trade, support growth across all sectors of the national economy, and enable the expansion of local private sector businesses into diverse international markets.”
Mohammed Alshehhi, CEO of Euromercato, said, “The UAE is among the most prominent global markets that companies from different countries aspire to operate in and leverage the exciting growth opportunities available across diverse sectors, including the gourmet food segment. The country is home to a booming tourism industry and has developed an exceptional luxury hotel and restaurant ecosystem that, coupled with rising consumer confidence and increased spending, is contributing to strong demand for fine dining experiences in Dubai.”
Dubai International Chamber supports companies from the emirate in exploring new business opportunities in 30 priority markets around the world. The chamber is targeting the launch of 50 international representative offices around the world by the end of the decade.
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Supreme Council of Energy approves increasing energy and water efficiency programmes in Dubai
H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy (DSCE), chaired the 81st meeting of the Council, which was held virtually in the presence of Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy.
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UAE Team Emirates’ Pogačar takes podium at Milano-Sanremo
UAE Team Emirates' Tadej Pogačar finished third in an intense Milano-Sanremo, which saw Jasper Philipsen (Alpecin Deceuninck) triumph in the sprint.
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EDGE to supply 200 unmanned helicopters to UAE Ministry of Defence
EDGE, a leading advanced technology and defence groups, has signed a landmark contract to supply 200 HT-100 and HT-750 unmanned helicopters to the UAE Ministry of Defence, as part of a milestone deal, which is the largest ever order for unmanned helicopter systems, to enhance their VTOL capabilities.
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Dubai International Chamber attracts 15 multinational companies, 77 SMEs in first 9 months 2023
Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has succeeded in attracting a total of 92 businesses, including 15 multinational companies and 77 SMEs, to the emirate between January and September 2023.
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