Author: Arabian Media staff
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Singapore’s prime minister has called for immediate action to promote trade liberalisation and protect global common interests as he warned the world to expect a “messy” transition to a post-American order.In an interview at his official residence in the city-state, Lawrence Wong said the world was in the middle of a great transition that could take a decade to play out.“There is no doubt it will be messy and unpredictable because America is stepping back from its role as global insurer but there’s no other country that is able or willing to fill the vacuum,” he said. Singapore, a major beneficiary…
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Image credit: Getty Images Saudi Arabia’s crude oil exports in August rose to their highest level in six months, data from the Joint Organizations Data Initiative (JODI) showed on Wednesday. Crude exports increased to 6.407 million barrels per day (bpd) from 5.994 million bpd in July, marking their highest level since February 2025. Saudi Arabia, the world’s largest oil exporter, recorded crude output of 9.722 million bpd in August, up from 9.201 million bpd in July. Refinery crude throughput in the kingdom fell to 2.902 million bpd in August, a 2.6 per cent decline from July’s 2.978 million bpd, JODI…
Held under the theme “Impactful Momentum”, the annual event celebrated cross-sector collaboration spanning government, venture capital, and entrepreneurship — setting the stage for Abu Dhabi’s next phase of innovation-driven growth. Hub71+ Life Sciences At the event, Hub71 announced the launch of Hub71+ Life Sciences, a new specialist ecosystem designed to accelerate the development and commercialisation of innovations in BioTech, MedTech, and digital health. The platform connects founders directly with regulators, hospitals, investors, and industry partners, positioning Abu Dhabi as a global launchpad for life sciences startups. From early clinical validation to market access, founders will tap into the emirate’s integrated…
Dubai’s Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), has partnered with Silicon Valley-based innovation platform Plug and Play to launch a new accelerator aimed at transforming Emirati-owned startups into globally competitive ventures. The programme will provide Emirati entrepreneurs with tailored mentorship, global exposure, and access to markets and investors. It is designed to help participating startups scale their operations, expand internationally, and attract sustainable investment in line with Dubai’s Economic Agenda D33, which aims to double the size of the emirate’s economy by 2033. Boosting…
