Abu Dhabi has launched a new research and development authority.
The regulatory body's rule will be to guide and oversee research and development in the UAE's capital.
The five new institutes under it include areas of studies like biotechnology, food security and artificial intelligence.
The Abu Dhabi Research and Development Authority (ADRDA) is part of Ghadan 21, which is a AED 50 billion package of economic reforms that was announced last year.
Dubai Customs ‘Green Corridor’ handles surge in trade amid shipping disruption
Dubai Customs said on Sunday a trade corridor launched with Oman earlier this year has processed nearly AED8 billion worth of goods in a single month as regional shipping disruptions continue to affect supply chains.
LVMH to sell Marc Jacobs to WHP Global, G-III as buyers raise $850 million
French luxury group LVMH has agreed to sell fashion brand Marc Jacobs to a joint venture between brand manager WHP Global and apparel company G-III Apparel Group, which are raising up to $850 million to fund the deal, the companies said on Thursday.
India caps duty-free gold imports for jewellery exporters to curb demand
India on Thursday tightened rules for duty-free gold imports for jewellery exports by capping imports at 100 kg per licence, the government said in an order.
Warsh wins confirmation as Fed chair, with inflation on the march
The US Senate on Wednesday voted to confirm Kevin Warsh as the chair of the Federal Reserve, paving the way for the lawyer, financier and former central-bank governor to take the reins of the Fed.
Sunny intervals
High: 39°C | Low: 28°C
Sunny
High: 40°C | Low: 27°C
Sunny
High: 39°C | Low: 28°C
