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Oxford Economics’ research shows that the economic impact of global warming rises for countries that are already among the hottest in the world. The GCC belongs to this group. For the three most active GCC states in this area, the Uae,qatar,saudi, the study presents a comprehensive, sector-based assessment of existing measures aimed at or with benefits for emission reductions and climate resilience. Gcc is about 1800 kilowatt/h per every square meter and this makes the adoption of solar energy in the region technically and economically feasible. Statistics show that both the Middle East and the North of Africa are equipped to deal with this technology. significantly expanded mitigation effort, the world is on course to warm by about 2°C above preindustrial levels by 2050. Global warming of this magnitude is likely to have major economic consequences that could have pronounced economic impacts by 2050 and beyond. And the MENA region, which already suffers from climate-related issues lik...

Dubai ruler approves 3-year budget,  with  on  transportation,  infrastructure in 2022.   said His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai" Budget includes expenditure of AED59.95bn for 2022, and the new budget will boost Dubai’s efforts to stimulate the macro economy "   Dubai's general budget for the fiscal cycle of 2022-2024, which reflects the fundamental strengths and stable base of the emirate's economy, supports the realisation of its future economic aspirations, in addition to placing the emirate at the forefront of worldwide efforts to promote recovery.    "The Dubai government continues to consolidate the emirate's position as a leading global commercial hub and raise its international competitiveness by creating new growth opportunities for vital sectors"  said :Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Ex...

UAE gear up to welcome innovative 2022  UAE Innovates was conceived to support the UAE’s objectives for the next 50 years and aims to promote the country as one of the most innovative in the world, through a series of events and an awards programme Expo 2020 Dubai will host several activities during the event. From 11th to 16th February, visitors at the global exhibition can learn about innovative initiatives launched within the UAE.   Some of the milestones of 2021, include approval of the Dh290 billion federal budget for five years until 2026 and launch of the industrial strategy “Operation 300bn” to empower and expand the industrial sector. Further, the launch of ‘Projects of the 50’ will establish a new phase of internal and external growth of the state in various economic sectors which should make the Central Bank of the UAE (CBUAE) target of overall real gross domestic product (GDP) of 4.2 per cent in 2022 against 2.1 per cent in 2021 achievabl...

The Middle East and North Africa (MENA), for a variety of reasons, are unrivaled in their need for bold, creative thinking about their future. By any measure, the region faces great challenges as we stand in 2021 and look ahead to the next five years and beyond. investments are also pivotal in building critical infrastructure, a key element in strong economies, such as power, telecommunication, schools, hospitals and clinics, housing and transport. Reconstruction and recovery projects are especially important for countries to rebuild their communities after conflicts. By establishing adequate infrastructure, countries can capitalize on their resources to boost bilateral trade.  MENA are not immune from any of these developing phenomena and, in some instances, they are at greater risk than other regions to their effects. The impact of drought and water scarcity, punishing temperatures, and rising sea levels will all stress regional governments and societies while conflic...

UAE will change to a working week of four and half days with a Saturday-Sunday weekend from the start of next year to r align its economy with International Market. The authorities added that with this move, the UAE has become the first nation in the world to introduce a national working week shorter than the global five-day week. The working week will start on Monday and end by Friday afternoon. The working hours for federal employees are set to be from 7.30am to 3.30pm, with 8.5 working hours per day. On Friday, employees will work for 4.5 hours. On Fridays, employees will also be allowed to choose flexible work or work-from-home options. The longer weekend is aimed at boosting productivity and improving work-life balance. "Each company, depending on the sector they operate in and what suits and serves their business best, can choose the weekend they decide for their employees", Minister of Human Resources and Emiratisation Abdulrahman al-Awar told Reuters Over ...

UAE is Placed on the Arabian Peninsula between latitudes 22.0° and 26.5° N and longitudes between 51.0° and 56.5° E.UAE has a total land area of 83,600 km2 and 1,318 km of coastline. UAE focusing on Environmental Impact of Consumerism and the Blue Economy.  UAE is  the impacts of climate change from rising sea levels, which could affect the UAE is infrastructures. The Impact of climate change does not exclusively represent a threat to the country, but offers an opportunity for the UAE to enhance its diversification projects.Emirates and the Gulf are highly susceptible to climate change, with summer temperatures already some of the highest on the planet. UAE is the country in the GCC region to sign the Paris Agreement that seeks to limit the global temperature rise to 1.5° c. Climate Change and Environment, in collaboration with its partners in the public and private sectors, is working to efforts to deal with climate change . United Arab Emirates has decided to...

United Arab Emirates Embassy in Israel. In partnership with not-for-profit organization Start - Up Nation Central and the Israeli Ministry of Economy and Industry . Dr Al Zeyoudi said it is truly remarkable bow only a year after.  This is more than simply a foundation to build on .  It is a solid partnership of significance, not just for our nations, but for the region and the world as a whole,"  he said.  Al Falasi said: "Everywhere I look I see alignments, both in our strengths and our challenges, when  It comes to small and medi um businesses, startups, and tourism.   This marks the first state sponsored business delegation from the UAE . Since the signing of the Abra ham Accords last year , this is the first time that leaders of both countries met in  Israel under one roof ' in a public setting organised by the two nations governments.  in Tel Aviv   the Emirati conference attendees are s et to hold a series of roun...

The Turkish Embassy in the UAE was opened in 1979, following the foundation of the UAE in 1971, whereas the UAE opened its Embassy in Turkey in 1983.  The relationship between Turkey and the UAE, which started to deteriorate in the process called the Arab "Spring" (which in fact plunged the region into a dark "winter") did not improve afterward. The fact that Abu Dhabi did not even feel the need to hide its support for the July 15, 2016 coup attempt in Turkey on social media further increased the tension. In this sense, the process that started with a phone call between the foreign ministers of the UAE and Turkey last April is progressing in a positive direction. In the UAE, gestures such as the passive appointment of politicians known for their opposition to Turkey are reflected in the press. The fact that the commercial relations between the UAE and Turkey have not completely broken off despite the crisis period is also a basis for normalization. The two countries...

The UK's financial and professional services sector is unparalleled in scale and ranges from banking to insurance; asset management to foreign exchange; and professional service The British SME sector is booming.  At the start of 2020, there were 5.9 million small businesses, up 1.9% from the previous year,accounting for 50 per cent of the total revenue generated by UK businesses and 44 per cent of the country’s labour force. In the UK 1,22,512 work-related visas were granted in the year ending March 2021 which was 37% fewer than the previous year. expect demand to rise considerably throughout 2021 and 2022.  The UK economy grew by 1.4% in 2018, a considerable slowdown compared to the results obtained in previous years. This reflects uncertainty about the Brexit before entrepreneurs, investors The UK economy grew by 1.4% in 2018, a considerable slowdown compared to the results obtained in previous years.  The 10% richest earn ten times as much as the 10% poore...

In  2020, it was announced that financial stimulus worth some US$70bn would be rolled out by the government to reduce the cost of doing the businessin country.   supporting small businesses, and accelerating the implementation of major government infrastructure projects. this dependency has been reduced by a focus on creating a diversified economy, and through the integration of a strong liberal trade policy, attracting foreign trade and investments. Currently, there are 45 Free Trade Zones (FTZs) in the UAE, the majority of which are in Dubai. Dubai has implemented a 'One Free Zone Passport' that allows companies to operate across Dubai's 24 FTZs with one just licence. Currently, the UAE does not have a federal corporate income tax (CIT) regime  Expo 2020 will run for six months from 1 October 2021 to 31 March 2022. Through the theme of Connecting Minds, Creating the Future, World Expo shall inspire people by showcasing the best examples of collaboration, in...

United arab emirates has a highly developed health infrastructure and the standard of healthcare is high. Healthcare is among the priority sectors identified by the UAE government. it's the UAE’s fastest growing industries. In 2018, the UAE was ranked one of the Top 10 most efficient healthcare systems in the world. The UAE healthcare industry has displayed extraordinary growth and significant progress in the past few years. United arab emirates is in a fortunate position when it comes to implementing innovative healthcare technology for the country’s population. UAE's healthcare sector has experienced tremendous growth over the past decade, evidenced by the growing supply of hospitals and clinics across all the emirates.  Dubai Government in particular has sought to promote the private sector, with the goal of 70% of healthcare funding coming from the private sector. United arab emirates is one of the biggest adopters of AI in the region and has invested a...

" The introduction of the Attractions Marketplace marks an important step towards providing the city’s attractions and experiences with the power to market themselves more effectively to a wider audience. The native, purpose-built platform aims to bring this diversity and accessibility into focus, with the online portal facilitating the interaction between all stakeholders to amplify Dubai's reach globally. It will also create a repository of attractions with real-time availability and connectivity, making it an effective one-stop-sh op for global resellers. His Excellency Helal Saeed Al Marri  Director General, Dubai Tourism The WTTC reveals that in 2015, travel and tourism directly supported 330,000 jobs (5.7 percent of total employment). This was expected to rise by 3.8 percent in 2016 and 4.3 percent per annum to 520,000 jobs (or 7.6 percent of total employment) in 2026. An estimated $23 billion is expected to be generated between 2015 and 2021, which is 24% of th...

In the absence of appropriate social policies, the green economy may exacerbate existing gender inequities to the detriment of overall sustainability. In the developing world, women are often the primary agricultural producers. As farmers, entrepreneurs, producers, consumers and household managers, women are key for implementing low-carbon strategies – and thus important agents of change. Structural gender inequality needs to be addressed to assure the well-being of women, the successful transition to a green economy and the achievement of sustainable development . Market-based approaches that emphasize economic growth have tended to exploit and marginalize women in both developed and developing countries in their roles as workers, consumers and citizens. For green growth strategies to succeed, equity issues must be fully addressed.The green economy offers a possibility for a more equitable sharing of revenue between men and women, capital and labour, and rich and poor ...

Private companies in UAE will have to fill 10% of their positions with Emirati nationals within five years Private sector companies in the UAE will have to fill 10% of their positions with Emirati nationals within five years, the UAE said on Sunday, announcing its latest tranche of economic reforms . The initiatives are part of 50 new economic projects the UAE is announcing this month to boost its competitiveness. The regional business and tourism hub has launched measures over the past year to attract investment and foreign expatriates to help the economy recover from the effects of the COVID-19 pandemic. Some of these included liberalising laws regarding cohabitation before marriage, alcohol and personal status laws. "It has always been a difficult act to balance creating incentives for expats to relocate to the UAE and stay for a long time while creating gainful employment for the citizen population," said Hasnain Malik, head of equity strategy at T...

  Expo 2023 Doha as the first Horticulture Expo in the Middle East and North Africa regioun.qatar Expo 2023 will witness a local, regional, and international campaign developed to promote the event. Qatar Expo will be Held under the theme "Green Desert, Better Environment. Horticultural Expo 2023 Doha will be another unique milestone within Qatar Vision 2030 to build a better tomorrow. In assembly it  agreed that the exposition be held between  October 2023 and March 2024. Qatar 2023 Expo will address the challenges that desert countries face in the field of desertification. for future development that aims to transform Qatar into an advanced country capable of sustaining its own development and providing a high standard of living for its population and future generations The main Intention  of the Expo 2023 Doha reflect Qatar’s National Vision 2030.T he world to visit the State of Qatar for an great experience made possible through Expo 2023 Doha   Ex...

Emiratis have hailed the new government initiatives under the ‘Projects of the 50’ stressing that these will attract youths to join the private sector jobs, thereby solving the problem of unemployment among fresh graduates. “I am delighted with the new reforms because they will help build trust and confidence among fresh graduates to join the private sector,” said Al Mazrouie. “Many Emiratis are keen on joining government departments because of job security and high pay yet these jobs are limited and government can’t employ everyone.” The ‘Projects of the 50’ was unveiled by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, earlier this month to establish a comprehensive development cycle leading to UAE Centennial 2071

The news that has been spreading on social media that the government was planning to make some changes to the weekend is fake. No such news has been issued by the government and people should stop circulating such false information as it is misleading residents,” Mohammed Jalal Al-Raisi, executive director of WAM, said in a statement. The UAE is known for its large population of westerners and the proposal to move from a Friday to Saturday Middle Eastern weekend has drawn a mixed reaction. The government denied having changed the rules after social media lit up but talks have taken place.There are ideas that Friday could become a half-day or a ‘work from home day

 the UAE became the first Gulf nation to establish formal relations with the Jewish state, and the third Arab country ever to do so after Egypt and Jordan in 1979 and 1994 respectively. Business exchanges between the two countries, whose economies were hard-hit by the coronavirus pandemic, reached $500 million in August -- excluding investments -- after tourism, aviation and financial services deals were struck . The UAE and Israel have sought to emphasise the economic dividend offered by normalisation, especially Dubai, which continuously seeks to expand its tourism, technology and business sectors Are you willing to set up a Business  in Dubai? Starting a business in Dubai requires following various formalities, licensing procedures, and more. As a business development consultant in dubai I  will  assist you in how to establish business in Dubai,  will also help you in understanding the types of company formation in Dubai, and more. Get in...

Central Bank’s comprehensive support was equally crucial, contributing some Dh100 billion and a range of support packages to the economy. As a result, the UAE ranked first in the Arab world and second globally in the “Resilience to Epidemics 2021” index, issued by the Consumer Choice Center to rate nations’ response to the onset of Covid-19 Projects of the 50  “ Projects of the 50 ” sets in motion key initiatives that will determine the nation’s economic success, with a particular focus on developing a knowledge economy, fostering innovation, establishing stronger bilateral relations with international partners and continuously upgrading the legal frameworks to attract investment, ideas, entrepreneurs and highly skilled professionals from around the world . the desire to keep pushing forward and to keep extending the nation’s horizons that has ensured the UAE remains a global beacon for talent, innovation and endeavour, and a model environment for investment and entrep...

Dubai’s Expo 2020 spurs real estate growth as real estate companies report record sales.Long-term visas for investors and professionals, favorable payment plans and increased flexibility in debt repayment by financial institutions are some of the initiatives that have changed mood. Expo 2020 – which the government calls “ the largest event ever staged in the Arab world will host 190 countries, and millions of visitors from across the globe. Dubai, is betting billions of dollars in its efforts to showcase the Expo as the world’s biggest event ever. The organizers expect 11 million visits by people living in the UAE and 14 million from overseas visitors. Dubai Expo 2020 is expected to drive residency demand throughout the UAE, and one industry player has already seen increased interest in real estate services. “ The enquiries have come from countries with which the UAE has recently signed treaties and where Dubai has promoted foreign direct investment incentives .” The investment in Expo...