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News Updates
1 August, 2020
Which cities are best managing the post-COVID economy
Among major cities from around the world, Dubai ranks among the Top 5 cities when it comes to managing post-covid economy, as per FutureLearn. The index was developed by online learning platform FutureLearn, based on comprehensive data collected across…30 September, 2020
UAE, Saudi Improve Rank in Global Innovation Index
UAE and Saudi Arabia both improved their respective ranking spots by 2 places in the Global Innovation Index for 2020. The UAE’s accelerator program Ghadan 21, which supports over 50 initiatives in the innovation space, invested over $13.6Billion in these…29 December, 2020
UAE Tops Middle East Countries in per Capita Health Expenditure
The UAE comes 1st among Arab, Gulf and Eastern Mediterranean countries with respect to per capita health expenditure. Recently, the UAE’s 1st National Health Account (2017) results were released by the Ministry of Health & Prevention (MOHAP). The NHA was…1 November, 2020
UAE to Spend $73M for AI in 2020
The UAE may well end up spending nearly $73 Million in the year 2020 towards Artificial Intelligence. According to a recent report by Technology research firm IDC, the UAE is expected to spend $73 Million in 2020 towards Artificial Intelligence…29 December, 2020
UAE to Emerge As a Global Hub for Gold
The UAE bullion market may soon be governed by a special committee, appointed by the Council of Ministers, to establish UAE as a strong hub for Gold. UAE accounts for 11% of the total Global gold exports, according to Abdulla…28 February, 2021
UAE Stands at the Top in the Region in Biotechnology Sector
UAE has is at the top position in the Middle East and Africa region regarding the FDI in the biotechnology sector as mentioned in the FDI markets index. The index, issued by the Financial Times FDI intelligence magazine, focuses on…28 February, 2021
UAE Residents Commit to Sustainability – Opportunities Aplenty
Boston Consulting Group (BCG) in its recent report has found overwhelmingly positive response by UAE to sustainability, in comparison to other countries. The recent report by BCG, titled “Are consumers in the Gulf states ready to go green” provided extensive…29 December, 2020
UAE Ranked As Stand-Out Digital Economy
The Digital Intelligence Index has categorized UAE among the “stand-out” global economies with respect to digital aspects that span all realms of the economy. The Fletcher School at Tufts University, in association with the Graduate School of Global Affairs at…1 August, 2020
UAE Ranked 5 Globally in Business Skills
Coursera, the online learning platform developed by Stanford University professors, recently released the global skills index report, which ranked UAE at #5. The report singles out UAE as a strong global leader in business talent, with emphasis on its…29 June, 2020
UAE Ranked 1st in MENA on Global Competitiveness
The Global Competitiveness report saw UAE take the 1st position in MENA region and 9th globally, for the fourth year in a row. The World Institute for Management Development (IMD) released their global competitiveness yearbook report for the year…29 November, 2020
UAE Planning Final Stages of Recovery from Crisis
The UAE Government has reached out to public to extend full cooperation to officials as part of its planning stage for the final stage of recovery from the Covid crisis. The efforts undertaken by UAE to counter the challenges posed…28 February, 2021
UAE Most Prepared for B2C e-Commerce in Region
UN has revealed in their latest report that the UAE is most prepared for B2C e-Commerce in the region. According to Kearney Middle East, the e-Commerce industry is pegged at a valuation of $50 Billion (AED 183.5 Billion) by 2025.…1 November, 2020
