Abu Dhabi is setting up a technology investment firm targeting deals in artificial intelligence and semiconductors that could surpass $100 billion in assets under management in a few years, according to people familiar with the matter.
Tag: UAE
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UAE construction market valued at $94 billion in 2023: Report
The UAE construction market size was $94 billion in 2023 and the market will achieve an AAGR of more than 3% during 2025-2028, according to a report released by GlobalData, a data analytics and consulting company, headquartered in London.
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Dubai’s Department of Economy and Tourism honoures members of its Al Safeer Congress Ambassador Programme
Dubai's Department of Economy and Tourism (DET) has honoured members of its Al Safeer Congress Ambassador Programme for capturing and creating high-profile conferences and congresses for the city in 2023. Ambassadors from thirty-four member organisations, including healthcare professionals, scientists, industry experts, academics and business leaders, were recognised at the programme’s annual awards ceremony last week, held at the Four Seasons Resort, Jumeirah Beach.
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Brazil-Emirates Conference to deepen bilateral trade, investments in high-growth sectors
Juma Al Kait, Assistant Under-Secretary for International Trade Affairs at the Ministry of Economy, commended the strength of UAE-Brazil trade and investment relations during the opening of the Brazil-Emirates Conference, hosted in Abu Dhabi from 6th to 8th March.
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Ramadan in UAE: Pleasant weather expected despite gradual temperature rise
Mostly pleasant weather conditions are expected throughout Ramadan, with comfortable nights and mornings and a slight increase in temperatures during the latter half of the holy month.
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Dubai Foundation for Women and Children outlines 2024 strategic vision
The Dubai Foundation for Women and Children (DFWAC) has unveiled its comprehensive plans, strategies, and a range of programmes, proposals, and initiatives set for rollout in 2024 to improve the quality of lives of both women and children.
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UAE, Egypt airdrop eighth humanitarian aid batch in Gaza under ‘Birds of Goodness’
Marking the first day of the Holy Month of Ramadan, the Joint Operations Command of the Ministry of Defence has announced the completion of the eighth airdrop of humanitarian and relief aid by the UAE Air Force and the Egyptian Air Force in the northern Gaza Strip, as part of the "Birds of Goodness" operation. The operation aims to alleviate the suffering of the Palestinian people and help them overcome the difficult circumstances they are facing.
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UAE’s Moon-sighting committee to meet tonight to determine start of Ramadan 2024
The UAE's Moon-sighting committee will begin searching for the new moon tonight to determine if the first day of Ramadan 1445 is Monday.
Chaired by Abdullah bin Sultan bin Awad Al Nuaimi, the minister of Justice, the committee will meet after Maghrib prayers at Abu Dhabi Judicial Department to witness the first sighting of the crescent Moon.
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Dubai Health Authority launches ‘Dubai Disaster Medicine Programme’
The Dubai Health Authority (DHA) today launched the "Dubai Disaster Medicine Programme", an initiative aimed at enhancing the city's healthcare readiness and bolstering its public health safety system in preparation for potential medical emergencies.
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Sharjah Ruler attends closing ceremony of Sharjah Theatre Days
H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, witnessed, on Saturday, the closing ceremony of the 33rd edition of Sharjah Theatre Days, which was held at the Cultural Palace in Sharjah.