Dubai to Host Largest Global Gathering for Sports Sector in December

Dubai: H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has announced plans to host the ‘World Sports Summit’ in Dubai from December 29 to 30. The summit is expected to be the largest global gathering of its kind, featuring participation from leading sports stars, experts, and decision-makers worldwide. According to Emirates News Agency, the World Sports Summit will bring together top officials, coaches, specialists, and current and former sports stars to discuss the future of the sports sector. This unique gathering aims to harness new opportunities while addressing

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Dubai Municipality Suspends Two Consultancy Firms for Violating Regulations

Dubai: Dubai Municipality has announced that the Committee of Registration and Licensing the Practice of Engineering Consultancy and Contracting has issued a decision to suspend two engineering consultancy offices and bar them from licensing any new projects for a period of six months. The suspension comes after the municipality identified professional practices that were in contravention of approved regulations, licensing conditions, and ethical standards, which in turn were deemed harmful to the interests of property owners and developers. According to Emirates News Agency, the municipality’s tough stance in the matter is part of its broader role pertaining to the regulation

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American University of Ras Al Khaimah Scores High in Sustainability, with Lowest Greenhouse Gas Emissions

Ras al khaimah: The sprawling 1.6 million sq. ft. campus of the American University of Ras Al Khaimah (AURAK) is on track to achieve the sustainability goals set out in its five-year Sustainability Action Plan (SAP), with initial reports showing that it has the lowest greenhouse gas (GHG) emissions among UAE universities. According to Emirates News Agency, the findings of the Greenhouse Gas (GHG) Emission Report conducted by ZeeDimension consultancy for the university indicate that AURAK’s total GHG emissions are significantly low when evaluated against those of other universities. Published data from UAE universities reveals that AURAK exhibits the lowest

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Abdullah Bin Zayed Chairs BRICS Steering Committee Meeting

Abu dhabi: H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, chaired the BRICS Steering Committee meeting, which was held via video conference and attended by many ministers, officials, and representatives of government entities participating in the group’s activities. According to Emirates News Agency, during the meeting, the latest developments regarding the UAE’s participation in the BRICS group were reviewed, and ways to enhance this participation and ensure the highest levels of coordination among all relevant national entities were discussed. H.H. Sheikh Abdullah bin Zayed emphasized the importance of intensifying and coordinating the efforts

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Maktoum bin Mohammed Reviews Ministry of Finance’s 2024 Report

Dubai: H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, reviewed the 2024 annual report of the Ministry of Finance (MoF) titled ‘Financial Sustainability and Global Leadership.’ According to Emirates News Agency, the report documents the MoF’s key achievements, standout financial data, and national initiatives, as well as projects undertaken by the ministry throughout the year. It also highlights positive outcomes of the ministry’s regional and international engagements, showcasing the role it plays in reinforcing the UAE’s position as a leading player within the global financial and economic

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Egypt Poised to Host International Conference on Gaza Reconstruction

Cairo: Egypt has announced its preparedness to host an international conference focused on early recovery and reconstruction efforts in Gaza. Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty underlined the urgent need to halt Israeli aggression against Palestinians during a recent meeting with Christophe Bigot, the EU Special Representative for the Middle East Peace Process. According to Emirates News Agency, Abdelatty reiterated Egypt’s firm stance against the displacement of Palestinians from their homeland. He also highlighted Egypt’s collaborative efforts with Qatar and the US aimed at achieving a ceasefire in Gaza, facilitating the exchange of hostages and prisoners,

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RTA Announces Al Safa Street Improvement Project from Sheikh Zayed Road to Al Wasl Street Intersections

Dubai: Dubai’s Roads and Transport Authority (RTA) announces Al Safa Street Improvement Project. The scope of this project extends from the junction of Al Safa Street with Sheikh Zayed Road to the junction with Al Wasl Street, spanning 1,500 metres. It is designed to keep pace with Dubai’s comprehensive urban growth, accommodate the increasing population and urban expansion, and elevate the quality of life for both residents and visitors. According to Emirates News Agency, the project involves the construction of two bridges and two tunnels with a combined length of 3,120 metres, along with the widening of surface roads and

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Saudi Arabia: FDI Inflows Reach $5.9 Billion in Q1 2025

Abu dhabi: Foreign Direct Investment (FDI) inflows into Saudi Arabia reached SAR 22.2 billion (USD 5.9 billion) in the first quarter of 2025, as reported by the Saudi General Authority for Statistics (GASTAT) on Sunday. The overall unemployment rate, including Saudis and non-Saudis, stood at 2.8%. According to Emirates News Agency, the data indicated a 44% increase in FDI inflows compared to the same period last year, when it was SAR 15.5 billion (USD 4.1 billion). However, there was a 7% decline compared to the fourth quarter of 2024, which recorded SAR 23.9 billion (USD 6.4 billion). FDI inflows into

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