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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…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…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…1 November, 2020
UAE More Attractive than US, Europe: Investors
Globally, UAE is the most attractive region for investment, ahead of United States and Europe, according to a survey conducted by UBS Wealth Management. The global investor sentiment study was conducted recently by UBS Wealth Management. Over 4,000 investors from…29 June, 2020
UAE makes strong return to FDI Confidence Index
The UAE made a strong return into the Top 20, ranked at #19 in the Foreign Direct Investment (FDI) confidence rankings for the year 2020. The FDI Confidence Index rankings released by the global management consulting firm Kearney for…29 November, 2020
UAE Launches New Economic Advisory Council
The UAE Ministry of Economy announced the launch of an International Advisory Council on the New Economy, to help formulate economic development programs. Abdullah bin Touq Al Marri, Cabinet Member and Minister of Economy mentioned that the Ministry of Economy…31 August, 2020
UAE is World #1 in e-Infrastructure
The UAE is ranked #1 in e-infrastructure globally, according to the findings of Digital Quality of Life (DQL) study. The DQL annual ranking provides an indexed ranking system of all countries in the world, taking multiple parameters into consideration such…1 August, 2020
UAE in 8th spot on Driverless Readiness Index
As per the KPMG Autonomous Vehicles Readiness Index, UAE improved its previous year ranking by one position to move up to #8 for the year 2020. The index, launched in the year 2018, has seen the UAE figure in…1 November, 2020
UAE Identifies Sectors for Economic Growth
The Ministry of Economy in UAE has earmarked certain key sectors that will be driving the economic growth for the future. According to the Minister of Economy Abdullah bin Touq Al Mari, who addressed economic drivers as part of…28 May, 2020
