Indian billionaire Gautam Adani has had a tumultuous journey in the past few days. While Adani himself has lost $48 billion of his personal wealth, dropping to the 16th position — from third less than two weeks ago — on Forbes real-time billionaires list, the group’s companies have seen over $100 billion wiped off their market value.
Strong adoption and delivery as well as higher implications for emerging digital government services have helped the United Arab Emirates secure the third position globally for superior digital government services, according to a new study released by the Boston Consulting Group (BCG).
Qatar has been ranked the second-top country in the region in combating corruption following the UAE, according to Transparency International’s latest Corruption Perception Index (CPI). While the FIFA World Cup 2022 host scored 58 out of 100, Syria, Yemen, and Libya were among the most corrupt ones on the list, scoring just 13, 16, and 17, respectively.
Sustainable practices have always been at the heart of the Emirates’ development plans. “2023 is the Year Of Sustainability in the UAE,” President Sheikh Mohamed bin Zayed Al Nahyan Sheikh Hamed Bin Zayed Al Nahyan announced last month, adding “as host of COP28”, the nation “will continue to support action and innovation in the field of sustainability.”
Indian billionaire Gautam Adani’s embattled group has grabbed onto a $400-million investment by Abu Dhabi’s International Holding Co., which is controlled by a key member of UAE’s royal family, in its flagship firm Adani Enterprises’ share sale in order to restore confidence in the group that saw nearly a whopping $70-billion drop in value after a tiny New York investment firm came out with a damning report.
In anticipation of the COP28 climate change conference, the UAE and France have agreed to launch a bilateral program that combines French and Emirati expertise to develop commercial and investable opportunities to accelerate the development of clean energy, particularly in the decarbonization of hard-to-abate (HTA) industries, including clean hydrogen solutions for mobility.
Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister of the United Arab Emirates (UAE) and the Minister of the Presidential Court, the Nafis Award has been launched to support private sector companies and employees.
A new cycle of the Nafis Award has been launched under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister of the United Arab Emirates (UAE), Minister of the Presidential Court and the Chairman of the Cadres Competitiveness Council.
Lately, Dubai in the United Arab Emirates has emerged as one of the top destinations to tie the knot, with a growing number of event planners across the world recommending the city to couples as the perfect venue for the once-in-a-lifetime event.
