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United State dollar is considered a safe haven during times of global economic uncertainty  The dollar index rose 0.06%, with the euro down 0.05% to $1.1288.   Demand for dollars can often persist despite fluctuations in the performance of the U.S. economy   US$1.13 mark as it continued to consolidate in the middle of the trading range in which it has sat since mid-November.Individual outlooks for the economy, the labor market, and inflation, it may become warranted to increase the federal funds rate sooner.   Bitcoin last fell 0.45% to $46,230.94   4.5 million Americans voluntarily quit their jobs in November, which will likely pressure businesses to increase wages in order to attract workers. It is up about 0.7% on the yen this week and about 2.7% over five weeks. The gains have tracked firming expectations that the Fed could raise rates as soon as March and several times this year. It is eyeing its best week in more than a month against the Austra...

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 B.1.1.529 variant was first reported to WHO from South Africa on 24 November 2021. The epidemiological situation in South Africa has been characterized by three distinct peaks in reported cases, the latest of which was predominantly the Delta variant. In recent weeks, infections have increased steeply, coinciding with the detection of B.1.1.529 variant. The first known confirmed B.1.1.529 infection was from a specimen collected on 9 November 2021. Preliminary information shows that the virus is affecting younger individuals but resulting in milder disease. The symptoms are very similar to those produced by other variants. A much clearer picture will emerge in the next few months.  We still need to be extremely cautious since all COVID-19 variants can result in serious disease and fatality in susceptible persons, especially those with co-morbidities. GCC Concerns: Middle Eastern countries reacted in one way or the other to the new omicron coronavirus vari...

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...

Builds Self-Reliance.you may still unsure about what career or path to choose to make money but here you can find some of the most useful Startup Business Ideas.  Being able to fend for themselves is a skill your teen will need more and more with each year moving forward. It Teaches Startup Mentality. Maybe you want to set up your own business but there are millions of entrepreneurs in the market.Thinking like a business owner can prepare young adults for success as an entrepreneur or employee.Money can’t buy happiness But money is a must needful for everything in life.                          Another, arguably better, choice is to encourage your teen to start their own business. They get all the benefits of having a part-time job, plus experience in success skills you don’t learn working for somebody else.  “What do you need to start a business? Three simple things: know your product better t...

In the Aviation Industry Safety and Security is an integral component of quality.The Aviation industry is a pillar of the UAE's economy and a driver of business activity.    GDP percentage of the UAE travel and tourism industry has nearly tripled from 4% to over 11%. Emirates and Ethiad  Airlines have based their business models on the geo-centricity of the Gulf region. Dubai  has retained its title of the world’s busiest airport by international passengers for eight years. In UAE, Airport introduced facial recognition and introduced biometric technology designed to speed up the passport control experience for outbound passengers . GCAA has maintained its focus on its regulatory responsibilities in such a way that supports the growth of the organization. UAE airline industry will not be shielded from the technological changes currently being experienced in the industry. Growth of  tourism in the region as well as the spectacularly unique manmade ...

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...

opportunities and challenges Brexit could create for the UAE and the UK in the fields of economics, security, and defense. It explores the role of the European Union in the bilateral relations post-Brexit These are daunting, and there are questions  to which there are yet no answers, but the all-party parliamentary group had to stress that the course was set and would be seen through. In general, reactions were positive, both from UK friends in the British Business Group and Emirati contacts, who had no doubt that business links would be maintained and new opportunities sought. The agreed bilateral trade target of £25 billion (Dh115bn) by 2020 remains firmly in place and should be a cause for celebration at Expo 2020 in Dubai. The Rulers of the Gulf states were now to be courted rather than cajoled. The summer of 1961 saw Sheikh Shakhbut make the first official visit of a Ruler of Abu Dhabi to the United Kingdom, including a private audience with Queen Elizabeth. Ther...

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...

 UAE dirham was introduced in circulation for the first time on 19 May 1973. The Qatar and Dubai riyal were in circulation since 1966 in all of the emirates except Abu Dhabi, where the dirham replaced the Bahraini dinar. For example, oil prices collapsed in 2015 and reduced revenues for GCC countries.5 Many countries toyed with the idea of devaluing their currency against the U.S. dollar. The word "dirham" ultimately comes from drachma the Greek coin The devaluation would boost local revenue because U.S. dollars collected from oil sales could be repatriated for more dirhams.  Currency analysts predict further strengthening of the dirham in the coming months. Emerging markets will most likely continue to struggle and their currency value will depreciate further. This, however, will translate to better returns on remittance for expats in the UAE. Currency analysts advise expats who remit on a monthly basis to continue taking advantage of the soaring dirham...

    Instagram CEO recently said: "We are no longer photo-sharing app". Which literally means Instagram wants its users to post more short video type of content - REELS. Tiktok is growing super fast and Instagram is determined to win this battle .   That's why they will invest $1bln in rewardings for reels creators next years. My opinion that it's just a matter of time when we all start sharing short video posts instead of photo posts Although TikTok has only existed globally for two years, it has already become a cultural staple for Gen Z. TikTok has more than 2 billion downloads and it has all but solidified its place as a social media titan. It outperforms a number of US based apps that attract younger audiences — including Instagram. In late 2019, TikTok dominated in downloads, beating Instagram by over 238 million users. It was the only app...

" 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...

October 11 is the International Day of the Girl Child. International Day of the Girl Child is an opportunity to celebrate the power of young girls, highlight the challenges they face, and advocate for their empowerment and the fulfillment of their human rights.  International and national efforts to  promote gender equality are chronically underfunded, particularly when compared to other priorities outlined in the 2030 Agenda for Sustainable Development.   An educated young girl is a step toward a brighter and more democratic future. This International Day of the Girl Child, let’s keep investing in girls and working toward that future.  The focus of this year’s internationally recognized day is "EmPOWER girls: Before, during and after crises,"  Girls are breaking boundaries and barriers posed by stereotypes and exclusion, including those directed at children with disabilities and those living in marginalized communities. As entrepreneurs, innovators and initiato...

World Mental Health Day provides an opportunity to talk about mental health in general, how to break the stigma around it, and the importance of speaking out when struggling with a mental health issue. .Everyone, everywhere can participate in this year’s campaign: as individuals, to take concrete actions in support of our own mental health, and to support friends and family who are struggling, as employers, to take steps towards putting programmes in place for employee's wellness. Even before the COVID-19 pandemic, depressive and anxiety disorders featured as leading causes of burden globally, despite the existence of intervention strategies that can reduce their effects. The themes for World Mental Health Day expanded along with the times. Women, children, health, work, trauma, suicide, and so much more became a part of the conversation, and today, the average citizen is more knowledgeable in regards to mental health. we all have mental health that will fluctuate and n...