Author: MoneySecrets

The Abu Dhabi National Exhibitions Company (ADNEC) has announced its achievement of two prestigious awards this year, highlighting its strong commitment to sustainability and operational excellence. The group received the “Best Energy Management Initiative” award at the 9th edition of the Abu Dhabi Sustainable Business Leadership Awards for its “Rooftop Solar Energy Project,” marking a transformative shift in sustainable practices within the events and exhibitions sector. The awarded initiative involves the installation of a fully integrated photovoltaic solar panel system on the rooftops of ADNEC Abu Dhabi, with a production capacity of up to 5 megawatts. Once operational, the system…

The United Arab Emirates is making tangible progress toward securing access to advanced semiconductor technology from the United States, reflecting its ambition to become a global powerhouse in artificial intelligence. This advancement comes in tandem with a landmark pledge of $1.4 trillion in Emirati investments in the U.S. economy over the next decade, following a meeting between UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan and former U.S. President Donald Trump. The initiative is led by the G42 Group, which operates under the investment portfolio of Sheikh Tahnoon, valued at $1.5 trillion. Peng Xiao, CEO of UAE-based AI…

Engineer Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the UAE Ministry of Energy and Infrastructure, confirmed that the UAE has taken the lead in the region in electric and hybrid vehicle sales for the year 2024; a reflection of the country’s progress in shifting toward low-emission transportation. Speaking at the opening of the 4th edition of the Electric Vehicle Innovation Summit (EVIS) at the Abu Dhabi National Exhibition Centre, Al Olama announced that the ministry, in partnership with Bee’ah, is establishing the region’s first facility dedicated to recycling electric and hybrid vehicle batteries. This initiative supports the…

Abu Dhabi Health Data Services (ADHDS), a subsidiary of digital health platform M42, has announced the launch of a strategic initiative titled “Silicon Valley for Artificial Intelligence and Healthcare.” The initiative is being rolled out in collaboration with the Stanford Research Institute (SRI)—a leading U.S.-based research institution—and Vantage Bridge Partners, a technology adoption accelerator and investment support firm based in the Middle East and Africa, with its headquarters in the Abu Dhabi Global Market (ADGM). The initiative aims to establish a world-class innovation center in Abu Dhabi, positioning the Emirate as a global hub for artificial intelligence and advanced healthcare…

Dubai South has announced the inauguration of the new regional headquarters of JAS Middle East, a leading global logistics services provider, within its expansive urban development focused on aviation, logistics, and real estate sectors. The inauguration ceremony was attended by several prominent figures, including H.E. Eduardo Napoli, Consul General of Italy in Dubai; Biagio Bruni, Founder and Chairman of JAS Worldwide; Mohsen Ahmad, CEO of the Logistics District at Dubai South; and Erwin Wittemair, Regional Vice President of JAS Middle East, along with senior executives from both parties. The new facility spans 19,170 square meters and has been developed in…

Abu Dhabi Global Market (ADGM) has launched the first-of-its-kind virtual service in the real estate sector, enabling the completion of property sales, purchases, mortgage release, and mortgage registration through a single digital platform that brings together all relevant parties in a secure online environment. The service aims to enhance the user experience by allowing transactions to be completed remotely, eliminating the need for physical presence or traditional paperwork. This reduces processing time and increases efficiency, while maintaining the highest standards of security and compliance. The service was developed through ADGM’s digital platform, AccessRP, in collaboration with Advanced Real Estate Services…

Under the theme “Innovate in Sharjah,” the Sharjah Foreign Direct Investment Office (Invest in Sharjah) and the Sharjah Research, Technology, and Innovation Park participated in InnoEx 2025, a key event during Hong Kong’s Innovation and Technology Business Week. The goal was to showcase promising opportunities in technology, innovation, scientific research, and advanced industries, while exploring mutual investment prospects with Asian and global entrepreneurs. The Sharjah delegation included H.E. Mohammed Juma Al Musharrkh, CEO of Invest in Sharjah; Marwan Saleh Al Ajaleh, Director of Investment Promotion and Support; and Jumaa Abdullah Al Haj, Director of Strategic Communications and Marketing at the…

His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and Chief Executive of Emirates Airline and Group, and Chairman of the Higher Organizing Committee of the Dubai Airshow, presided over the first meeting of the Higher Committee for the 19th edition of the Dubai Airshow, scheduled to take place from 17 to 21 November 2025, to review ongoing preparations and organizational readiness. During the meeting, His Highness emphasized that the Dubai Airshow serves as a strategic platform that highlights the UAE’s leadership in the aviation and aerospace sectors and…

A recent report by Yango, titled “2025 Tourism Industry Guide”, reveals a major shift in travel behavior among residents of emerging markets, with the United Arab Emirates rapidly becoming a top holiday destination in the Middle East. According to a survey of 768 participants, 48.3% of tourists said they are influenced by targeted digital advertising, while 41.7% use search engines, 21% respond to Telegram ads, and around 20% rely on social media recommendations. The report indicates that rising disposable income and growing interest in high-end cultural experiences are driving tourists to seek more than just budget-friendly trips. The data shows…

The United Arab Emirates recorded a total foreign trade volume of AED 5.23 trillion (USD 1.424 trillion) in 2024, compared to AED 3.5 trillion (USD 949 billion) in 2021, a remarkable leap that reflects the country’s ambitious economic vision. According to the “Global Trade Outlook and Statistics” report by the World Trade Organization, the UAE has continued to lead the regional trade landscape since 2014, solidifying its position as one of the fastest-growing global economies in foreign trade and among the world’s top 20 trade hubs for goods and services. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President…