UAE diamond trade set to hit $40 billion by year-end 2024
UAE’s diamond sector is projected to exceed $40 billion this year, boosting the nation’s rank as the third-largest global diamond market, per Ministry of Economy’s...
Month : November 2024
World Green Economy Organisation highlights COP29 pavilion activities
WGEO unveils its COP29 agenda focused on global green economy goals, including high-level panels, capacity-building, and stakeholder engagement in Baku, Azerbaijan....
Sheikh Abdullah bin Zayed, Australian PM discuss economic cooperation
Sheikh Abdullah bin Zayed Al Nahyan met with Australian Prime Minister Albanese in Canberra to explore strategic cooperation across trade, energy, and climate during his...
Global air cargo demand rises 9.4% in September 2024 says IATA
IATA reports global air cargo demand grew 9.4% in September 2024, continuing a robust trend of 14 consecutive months of growth, driven by high international...
Mamsha Gardens by Aldar brings 493 homes to Saadiyat Cultural District
Aldar has launched Mamsha Gardens on Saadiyat Island, featuring 493 homes across seven buildings with restaurants, retail, and community theatre. Sales open November 9 for...
TECOM Group announces AED293 million profit for Q1 2024 with high growth
TECOM Group announced AED293 million net profit in Q1 2024, a 15% year-on-year increase, driven by record occupancy rates across its portfolio, as demand for...
OpenAI launches ChatGPT search, sending Alphabet and Microsoft shares down
OpenAI launched a new ChatGPT search feature, pressuring Google and Bing as tech stocks reacted sharply, with Alphabet and Microsoft shares both declining in the...
Japan’s oil import data shows 81.4% sourced from UAE and Saudi Arabia
Japan imported 72.87 million barrels of oil in September, with UAE and Saudi Arabia accounting for 81.4%, emphasizing GCC nations’ dominance in Japan’s energy needs....