June 2, 2025
UAE
News

Sharjah to Host 29th World Investment Conference in October 2025

Sharjah has officially secured its position as the host of the 29th edition of the World Investment Conference (WIC), a landmark global event in the investment landscape. The agreement was signed by the Sharjah FDI Office (Invest in Sharjah), in collaboration with the World Association of Investment Promotion Agencies (WAIPA) and the UAE Ministry of

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News

UAE Boosts Economic Cooperation with Lebanon Through High-Level Delegation

In a renewed push to strengthen bilateral ties, the Abu Dhabi Fund for Development (ADFD) joined a senior UAE delegation on a three-day visit to Lebanon, signaling a strong commitment to economic collaboration and sustainable development. The visit followed recent talks in Abu Dhabi between UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan

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Sheikh Hamdan Launches ‘UAE Future 50’ to Power Next-Gen Emirati Startups

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, launched the ‘UAE Future 50’ initiative to spotlight 50 innovative Emirati-led startups across 15 high-growth sectors, including fintech, space, healthtech, sustainability, and smart mobility. Developed by the Government Development and the Future Office in partnership with the Ministry of Economy, the initiative

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News

Eid Al-Adha Holidays Announced for Dubai Government Entities

The Dubai Government Human Resources Department (DGHR) has officially declared the Eid Al-Adha holiday for the year 1446 AH. Government entities, departments, and institutions across Dubai will observe the break starting from Arafat Day, Thursday, June 5, 2025 (9 Dhul Hijjah), through Sunday, June 8, 2025 (12 Dhul Hijjah). Regular office hours will resume on

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Saudi Arabia and Kuwait announce new oil discovery in North Wafra field

Saudi Arabia and Kuwait have jointly announced a new oil discovery in the North Wafra Wara-Burgan field, located roughly 5 kilometers north of the Wafra field within the Partitioned Zone between the two nations. In a joint statement, the governments confirmed that crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well

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News

Abu Dhabi to Host IBA Arbitration Day

Abu Dhabi to Host 2026 IBA Arbitration Day, Marking a Milestone for the MENA Legal Landscape The International Bar Association (IBA) has chosen Abu Dhabi as the host city for the 27th Annual IBA Arbitration Day, set to take place from 28–29 January 2026. This prestigious event is a cornerstone of the global arbitration calendar,

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Dubai Launches Region’s First Tokenized Real Estate Platform

In a pioneering step that cements Dubai’s leadership in real estate innovation, the Dubai Land Department (DLD) has unveiled the region’s first tokenized property investment initiative through the newly launched Prypco Mint platform. This landmark project is being executed in collaboration with Prypco, and under the strategic oversight of the Virtual Assets Regulatory Authority (VARA),

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Business News

Saudi Arabia Sets New Global Standard with Launch of TOURISE Tourism Powerhouse

Saudi Arabia has officially launched TOURISE, a groundbreaking global platform aimed at transforming the future of tourism through collaboration across technology, investment, and sustainability. Unveiled by Tourism Minister Ahmed Al-Khateeb, TOURISE will operate year-round, connecting public and private sector leaders to drive innovation and long-term impact in the tourism industry. The first invite-only TOURISE Summit

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CBUAE Hosts First National Forum on Financial Inclusion and Literacy

The Central Bank of the UAE (CBUAE) has successfully organized the country’s first National Financial Inclusion and Literacy Policies Forum, bringing together key stakeholders to advance financial education and inclusion across the Emirates. The forum emphasized the UAE’s commitment to building a more inclusive financial system, ensuring that individuals and businesses—especially youth and underserved communities—have

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Starlink Secures Approval in Saudi Arabia for Aviation and Maritime Services

Elon Musk’s satellite internet company, Starlink, has officially received regulatory approval to operate in Saudi Arabia, allowing it to provide connectivity services across the Kingdom’s airspace and territorial waters. The announcement came during the Saudi-US Investment Forum in Riyadh, where Musk thanked Saudi regulators for their support. The move marks a major step forward for

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