Author: MoneySecrets

In a Money Secrets podcast episode recorded during the Abu Dhabi International Book Fair, economic content creator Ahmed Elgamal hosted Dr. Abdulaziz Al Musallam, Chairman of the Sharjah Institute for Heritage, to explore how artificial intelligence is reshaping the preservation of intangible cultural heritage. Dr. Al Musallam emphasized that Arabs, as a traditionally oral society, have long relied on storytelling to pass down knowledge and identity. While oral narratives and folk tales were once the main mediums, AI now offers interactive ways to revive historical figures like Ibn Sina and Taha Hussein in virtual settings. However, he warned of the…

EDGE Group and Turkey-based BAVO, a leader in defense, public safety, communications, and digital technologies, have launched a new joint venture named KEY4, focused on high-tech defense and security solutions. Headquartered in Abu Dhabi, KEY4 will drive the co-development of advanced systems aligned with the UAE’s priorities and global partner needs. The announcement took place during the 2025 International Defense Industry Fair (IDEF) in Istanbul, running from July 22 to 27. The agreement was signed by Omar Al Zaabi, President of Trading & Mission Support at EDGE, and Ali Özer, Chief Strategy Officer at BAVO. Omar Al Zaabi stated that…

EHC  Investment, through its safety arm Emirates International Fire Fighting Equipment (FIREX), has fully acquired Tamouh, a leading fire protection solutions provider in Abu Dhabi. This strategic acquisition reflects EHC’s commitment to enhancing the UAE’s national safety infrastructure, expanding its presence in key sectors, and driving innovation in fire prevention services across the region. Tamouh is renowned for its deep expertise and diverse portfolio in fire safety, offering end-to-end solutions including system design, installation, maintenance, and emergency response. Its trusted reputation spans residential, commercial, and government clients. By consistently adopting global standards and advanced technologies, Tamouh has earned a strong…

At the 2025 UN High-Level Political Forum on Sustainable Development in New York, the UAE underscored the urgency of advancing inclusive global economic growth. The country highlighted its pivotal role in supporting SDG 8—decent work and economic growth—through strategic development initiatives, especially in emerging communities. The forum, held under the theme “Reinforcing science-based solutions for inclusive, sustainable development”, reflects the UAE’s broader vision: to drive sustainable opportunities, strengthen international cooperation, and champion a growth-driven development model. In a high-impact roundtable titled “Beyond 2030: Reimagining Economic Growth for People and Planet”, senior UAE officials—including H.E. Abdulla Lootah, H.E. Mohammad Alhawi, and…

In a compelling episode of the Money Secrets podcast, economic content creator Ahmed Elgamal hosted UAE-based digital entrepreneur Reham Vloska, who shared inspiring insights on new income opportunities in 2025, beyond traditional jobs and academic routes. The episode emphasized that wealth is no longer confined to degrees or corporate careers. Instead, it now flows through emerging fields like digital content creation, freelancing, artificial intelligence, and e-commerce. Reham, a chemical engineering graduate, spoke about her pivot to the creative economy—embracing design, digital media, and content production. She highlighted how the internet enables diverse income streams that require skills and initiative rather…

H.E. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the UAE Tourism Council, reviewed progress on the “Summer Hospitality Camp” launched by the ministry in collaboration with several private tourism and hospitality entities. During visits to various hotels, the minister observed ongoing camp activities, engaged with participating students, and discussed ways to expand the initiative and enhance workforce development in hospitality. He emphasized that tourism is a key pillar of the national economy and continues to gain momentum under the UAE’s leadership vision for diversification and sustainable growth. He reaffirmed the ministry’s commitment to supporting tourism establishments…

The Middle East Institute (MEI) has named H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and CEO of ADNOC Group, as the recipient of its 2026 Distinguished Global Leadership Award. The award will be presented at MEI’s 78th Annual Gala in Washington, D.C., in March 2026. It will be attended by senior U.S. officials, diplomats, business leaders, and international policy experts. MEI praised Dr. Al Jaber for advancing the UAE’s vision in energy, technology, economic development, and international cooperation, as well as for investing in youth empowerment and future leadership. It highlighted his global advocacy…

Fouad Darwish, CEO of Palms Sports, emphasized that partnering with Egypt’s Al Ahly Club goes far beyond a typical sports collaboration. Instead, it represents a strategic alliance with a cultural and developmental institution whose legacy spans generations across Egypt, the region, and the world. “When we speak about Al Ahly,” he said, “we’re not just referring to a sports club. We’re talking about a school of excellence, discipline, and history. To truly honor its name, we would need multiple sessions just to capture its milestones and achievements.” He highlighted that Al Ahly’s decision to appoint Palms Sports as the operator…

In a new episode of the “Money Secrets” podcast, economic content creator Ahmed Elgamal hosted Abdullah Salem Al Nuaimi, CEO of Abu Dhabi Securities Exchange, for an in-depth discussion on investing and trading in financial markets, coinciding with the conclusion of the “MIRA” Investor Relations Conference. The episode addressed widespread misconceptions about investing, particularly the pursuit of quick profits through daily trading, which Al Nuaimi described as the riskiest approach. He emphasized that real investment is a long-term journey and likened it to farming: “You prepare the soil, plant the seeds, and wait for the harvest.” He also highlighted the…

Abu Dhabi Airports handled over 15.8 million passengers in the first half of 2025—a 13.1% increase compared to the same period in 2024. Zayed International Airport played a key role, processing 15.5 million passengers by the end of June, marking a 13.2% year-on-year rise. Flight traffic also surged, with 133,533 total movements across all five airports, up 9.2% from last year. Zayed International alone recorded 93,858 flights—an 11.4% increase from the first half of 2024. This growth was fueled by the expansion of the global route network. Sixteen new destinations were added, along with new carriers. These include China Eastern…