Tag : UAE

Business

UAE central bank clears DDSC dirham stablecoin launch

omandailynews.com
CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go live on ADI Chain, the companies behind the project said on February 11, 2026. The approval adds another regulated digital...
Featured News

UAE and Egypt reaffirm ties as leaders meet in Abu Dhabi

omandailynews.com
ABU DHABI, Feb. 9, 2026: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Egyptian President Abdel Fattah El-Sisi on Monday upon his arrival in Abu Dhabi, marking the start of a fraternal visit between the two countries, according to official information released in the...
Business

ADNOC closes $11 billion deal for offshore gas project

omandailynews.com
ABU DHABI, December 19, 2025: Abu Dhabi National Oil Company (ADNOC) announced on Thursday the completion of a landmark structured financing agreement valued at up to AED 40.4 billion ($11 billion) to advance the Hail and Ghasha offshore gas development. The...
Business

UAE and Korea strengthen cooperation in energy and advanced industry

omandailynews.com
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and...
News

Oman welcomes UAE President Sheikh Mohamed in Salalah

omandailynews.com
President Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates arrived in Salalah on Thursday for a fraternal visit to the Sultanate of Oman, where he was received by His Majesty Sultan Haitham bin Tariq. The official reception...
Technology

AI will assist in tasks, not eliminate jobs, says Stanford expert in UAE

omandailynews.com
MENA Newswire News Desk: Artificial intelligence (AI) is rapidly transforming the global economy, but rather than replacing entire jobs, AI will mostly impact tasks within those jobs, said Dr. Erik Brynjolfsson, the Jerry Yang and Akiko Yamazaki Professor at Stanford...
Business

UAE and New Zealand finalize comprehensive economic partnership agreement

omandailynews.com
MENA Newswire News Desk: The United Arab Emirates and New Zealand have successfully concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), marking a significant milestone in strengthening economic ties between the two nations. The agreement, once finalized, aims to...
Technology

Sheikh Mohamed discusses AI collaboration with Microsoft and BlackRock in Washington

omandailynews.com
MENA Newswire News Desk: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with top executives from Microsoft, BlackRock, and Nvidia in Washington, underscoring the growing partnership between the UAE and the U.S. in the fields of artificial...
Business

UAE launches global ‘Invest in the Emirates’ campaign

omandailynews.com
MENA Newswire News Desk: The UAE has officially launched its "Invest in the Emirates" campaign, aimed at attracting global innovators, entrepreneurs, and top talents to the country's burgeoning business environment. The initiative seeks to position the UAE as a hub...
News

PM Modi, President Sheikh Mohamed fortify UAE-India ties for robust future

omandailynews.com
In a landmark event marking the deepening of diplomatic and economic bonds, United Arab Emirates' President, Sheikh Mohamed bin Zayed Al Nahyan, and Indian Prime Minister, Narendra Modi, convened in Abu Dhabi. The focus of the meeting revolved around fortifying...