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The UAE has announced plans to develop the first-ever sustainability accreditation framework explicitly for micro, small and medium-sized enterprises (MSMEs). EcoMark Global Accreditation has been designed to boost the competitiveness of MSMEs in the global green economy by streamlining and standardising the regulatory processes surrounding sustainability benchmarking worldwide. The EcoMark …

The Central Bank announced that the Money Supply aggregate M1 decreased by 0.2%, from AED 799.3 billion at the end of October 2023 to AED 797.4 billion at the end of November 2023. This was due to AED 4.9 billion fall in Monetary Deposits. Currency in Circulation Outside Banks increased …

Despite the challenges of 2023 and escalating geopolitical tensions, business leaders remain surprisingly optimistic for 2024, according to new research from Economist Impact and DP World, unveiled today at the World Economic Forum. The primary driver is a growing belief that technology will transform the efficiency and resilience of supply …

Gold prices declined during today’s trading, losing about US$7 in spot trading. As of 09:41 UAE time, the yellow metal fell by 0.34 percent or $7.01 to reach $2047.95 per ounce. Gold futures for February 2024 declined 0.38 percent or $7.7 to reach $2051.3 per ounce.

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a Federal Decree to appoint Sheikh Abdulla bin Mohammed Al Hamed as Chairman of the National Media Office with the rank of minister. The Decree shall be published in the official gazette and shall be effective from the date …

The United Arab Emirates will participate in the 4th Youth Olympic Winter Games, which will be held in South Korea between 19th January to 1st February, with the participation of 1,900 athletes from 80 National Olympic Committees from different continents of the world, representing the age group (15-18) years. The …

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, told the Emirates News Agency (WAM) that the UAE should be very proud of its role in achieving this truly historic outcome achieved at the 28th edition of the UN Climate Change Conference. “The vision, …

Salah’s 97th-minute penalty rescued Egypt from a heart-stopping defeat against plucky Mozambique, who had stunned the Pharaohs after Mostafa Mohamed’s early opener with a two-goal blitz in four minutes in their first AFCON Group B game on Sunday evening at the Stade Felix Houphouet-Boigny in Ivory Coast. Egypt seemed invincible …

The AFC Asian Cup roared into life on Sunday, with Group C’s opening clash between the United Arab Emirates and Hong Kong. Despite being heavy favorites, the UAE faced a spirited challenge from their determined opponents. The Emiratis struck first in the 34th minute, Sultan Adil coolly converting a penalty …

President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received a telephone call from His Excellency Recep Tayyip Erdoğan, President of the Republic of Türkiye. The two leaders discussed bilateral relations and cooperation between the UAE and Türkiye across various sectors, as well as regional and international developments of …