UAE

The UAE stock market indices rose at the beginning of Wednesday’s session, with the Dubai market rising by 0.75% at 3405 points, and the Abu Dhabi market index by 0.40% at the level of 9918 points. The rise in Abu Dhabi was led by “Multiplay”, which rose 1.3%, and “energy”, …

The Office of the Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications signed a memorandum of understanding in cooperation with Cisco, the global leader in the field of networks, cooperation and cybersecurity, with the aim of promoting joint work in designing and launching initiatives that contribute …

The Kremlin said on Tuesday it did not want to participate in the nuclear talks launched by the West, after reports in the media that Russia was preparing to show its willingness to use nuclear weapons in its conflict with Ukraine. a lot of talk In response to Western media …

Chris Beck, a member of Vitol’s executive committee and chairman of VTTI, said Wednesday that he expects Brent crude to be close to $100 a barrel by the end of the year. Beck added that the market value of Brent crude ranges between 80 and 100 dollars per barrel. Oil …

The local newspapers issued this morning, in their editorials, highlighted the Arab Media Forum, which formed an arena for constructive dialogue aimed at emphasizing the ability of Arab media institutions to keep pace with global changes and contribute to media development in the region. It reflects the great efforts made …

France on Tuesday launched the full acquisition of the debt-laden National Electricity Company, which will lead efforts to relaunch the country’s nuclear reactor industry. The French state, which currently owns 84 percent of EDF, submitted the acquisition offer to the Financial Markets Regulatory Authority, which is the first step to …

September Purchasing Managers’ Index (PMI) data from S&P Global showed business conditions improving at a robust pace once again across the UAE’s non-oil economy, as robust growth in new business continued to drive production and employment increases. Firms also faced relatively moderate price pressures, with input costs rising only slightly …

The commercial office market in Dubai recorded a relative growth during the past months of this year, supported by the great recovery of the local economy, and the demand for the opening of new companies in Dubai, in addition to its expansions in light of the increase in office supply, …

Average consumer price inflation in 2022 within the MENA region was around 6.3%, which led to higher production input costs and pressure on profit margins. Business operations will also suffer significant pressure from supply chain problems and insufficient availability. The past two years have also seen rising truckload and sub-truck …

The UAE has won membership in the Council of the International Civil Aviation Organization (ICAO) in the third category for the years 2022-2025. This came during the meetings of the 41st session of the General Assembly, where member states were elected to the organization’s council, and in which the UAE …