Author: cairosun.com

The UAE Minister of Economy, Abdullah bin Touq Al Marri, and Luxembourg’s Minister of Economy, Franz Fayot, have discussed means to promote economic and investment relations between the UAE and Luxembourg to achieve the common interests of both countries.In a meeting, attended by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, the two sides agreed to establish a joint economic committee and hold its first session on the sidelines of the Expo 2020 Dubai.The committee aims to create new and diverse opportunities for…

The heads of the world’s predominant global financing, health and trade agencies have united to urge government leaders to urgently finance a new $50 billion roadmap to accelerate the equitable distribution of health tools to help end the pandemic that has devastated lives and livelihoods for 18 months and also set the foundations for a truly global recovery, as well as enhanced health security.In a statement, the leaders of the International Monetary Fund (IMF), World Bank Group (WBG), World Health Organisation (WHO) and World Trade Organisation (WTO) [Kristalina Georgieva, Tedros Adhanom Ghebreyesus, David Malpass and Ngozi Okonjo-Iweala] said governments must…

Abu Dhabi Airports and Masdar have announced the completion of Abu Dhabi’s largest solar-powered car park, which will save 5,300 tonnes of carbon dioxide per year. The three-megawatt (MW) solar photovoltaic (PV) project is installed on the car shading at the short-term car park of the Midfield Terminal at Abu Dhabi International Airport, with 7,542 solar panels producing electricity. The energy generated by the grid-connected project will be used to power the car parking facility, with excess energy fed to other sections of the airport.Shareef Al Hashmi, Chief Executive Officer of Abu Dhabi Airports, commented, “The Midfield Terminal is designed…

MENA Newswire: Group-IB, a global threat hunting and adversary-centric cyber intelligence company specializing in investigating and preventing hi-tech cybercrimes, has officially announced the opening of its Middle East & Africa Threat Intelligence & Research Center in Dubai. The grand opening, held at the Habtoor Palace Dubai, was attended by representatives of the local financial organizations, government institutions, and the guest of honor, Mr. Craig Jones, INTERPOL Cybercrime director. Group-IB’s leadership views the opening of its MEA Threat Intelligence & Research Center as a critical milestone toward achieving the strategic goal of building the first ever decentralized global cybersecurity company with fully operational…

The European Commission on Friday authorized Pfizer-BioNTech COVID-19 vaccine for use in children as young as 12, paving the way for a broader roll-out in the bloc after similar clearances in the United States and Canada. The decision comes after European Medicines Agency (EMA) backed the use of the vaccine in 12- to 15-year olds earlier in the day. The agency’s endorsement came weeks after it began evaluating extending use of the vaccine to include that age group. The vaccine is already being used in the European Union for those aged 16 and above. The EMA said two doses of the…

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre, officially inaugurated the DIFC Innovation Hub located in the Gate Avenue. The facility is part of the new Dubai Future District announced in January 2020 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.Sheikh Maktoum bin Mohammed said: “The establishment of the DIFC Innovation Hub is an integral part of the strategic roadmap for realizing HH Sheikh Mohammed bin Rashid Al Maktoum’s vision for innovation-driven growth in Dubai. The new…

Emirates is helping take the stress out of travel for UAE travelers wanting to travel and reconnect to new experiences. The airline is offering special fares to 10 popular destinations, now open for visitors, so they can enjoy their long-awaited summer holidays. Destinations like the Maldives, Seychelles, Athens, Moscow and cities in the US included in the offer require little to no quarantine so holiday makers can pack for their long-awaited holiday with no stress.The offer is valid for booking from today, 24 May until 6 June 2021 for outbound travel until 30 September 2021. Economy and Business Class passengers…

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, today chaired a meeting of the Executive Council during which he approved the establishment of a specialized, integrated 3D printing zone at the Dubai Expo venue. H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and First Deputy Chairman of the Executive Council of Dubai also attended the meeting.The 3D printing zone aims to attract entrepreneurs and investors to Dubai and provide opportunities for researchers to develop innovations using this technology. The creation of this specialized…

The real estate and properties transactions valued at AED 4.1 billion in total during the week ending 20 May 2021, according to Dubai Land Department (DLD). The sum of transactions was 1,562. 120 plots were sold for AED 874.43 million, 1,038 apartments and villas were sold for AED 2.03 billion. The top three transactions were a land in Al Barsha South Fourth sold for AED 52.5 million, followed by a land that was sold for AED 20 million in Al Thanayah Fourth, and a land sold for AED 52.5 million in Al Barsha South Fourth in third place.Al Hebiah Fourth…

The UAE Ministry of Foreign Affairs and International Cooperation has strongly decried the derogatory and racist statements made by caretaker Lebanese Foreign Minister, Charbel Wehbe, against the Kingdom of Saudi Arabia and other GCC States. The Lebanese ambassador to the UAE was summoned by the MoFAIC and handed over a note of protest denouncing the Lebanese minister’s remarks, which, the ministry affirmed, fly in the face of all diplomatic norms and are inconsistent with the historical relations between Lebanon and all GCC states.Lebanon is the smallest country in continental Asia and their financial woes and image are taking a battering…