Your Daily Career Tarot Card Reading for August 5th, 2025
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UAE Moments
2 hours ago
- UAE Moments
Your Daily Career Tarot Card Reading for August 7th, 2025
7.8.25 Temperance: If you've been thinking about a business partnership or collaborating on a project, this card comes to let you know that with the right person you can make magic. You'll likely know when you have met them as you'll notice the chemistry between you right off the bat. Go for it - as combining their skills and abilities with yours could be a winning combination.
Zawya
3 hours ago
- Zawya
Mohammed bin Rashid meets with local dignitaries, investors, senior officials
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today met with a number of local dignitaries, investors, ministers and heads of public, semi-government, and private sector entities at Al Mudaif Majlis in Union House in Dubai. The gathering reflects his commitment to direct community engageme, open dialogue, and spirit of collaboration across society, supporting development, business growth, and public-private partnerships. During the gathering, H.H. Sheikh Mohammed bin Rashid highlighted the UAE's continued progress in building a distinctive development model based on openness, competitiveness, and support for entrepreneurship. He noted that the country's success stems from ambitious goals, a people-centred approach, and strong public-private partnerships. The achievements of recent decades, he added, reflect a clear vision driven by planning, determination, and collaboration. H.H. Sheikh Mohammed bin Rashid added that the UAE remains committed to being a land of opportunity, a hub for prosperity, and a welcoming home for all who contribute to its growth. He emphasised that the country's economy is built on trust, and its success is driven by collaboration and a bold, forward-looking vision. He also said that at every stage, the UAE has set new benchmarks for progress and established a model economy rooted in innovation. The outcomes of this journey are evident today in the country's stability, social cohesion, and the resilience and growth of its economy. H.H. Sheikh Mohammed bin Rashid also highlighted Dubai's vital role in the UAE's broader development journey, as it continues to strengthen its position as a leading global economic centre. This progress is underpinned by a forward-looking strategy, strong collaboration between the public and private sectors, and world-class infrastructure and legislation. Driven by investor confidence, market maturity, and its ability to attract top talent and opportunities, the emirate continues to advance the goals of Dubai Economic Agenda D33. During the meeting, H.H. Sheikh Mohammed bin Rashid Al Maktoum also attended a lecture titled 'The UAE as a Destination for the World's Wealthy,' delivered by Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing. The lecture highlighted the UAE, especially Dubai, as a top destination for investors and entrepreneurs, thanks to its safety, infrastructure, quality of life, and open economy. He noted that over 131,000 wealthy individuals settled in the UAE by 2024, up from 116,000 in 2023, with a further rise expected this year. He added that, driven by visionary leadership, Dubai welcomed 9.88 million visitors in the first half of 2025 and is now seen as the world's top destination to live, work, and visit. Issam Kazim also explained how the tourism strategy supports the Dubai Economic Agenda D33 and strengthens Dubai's global standing. H.H. Sheikh Mohammed bin Rashid also attended a live demonstration of the Unitree G1 robot by Dubai Future Labs. The lightweight, highly balanced robot mimics human movement and represents the latest in robotics and AI. It will be featured in the Museum of the Future's interactive displays, welcoming visitors and showcasing advanced technology, reflecting Dubai's commitment to innovation and technology for human benefit.
The National
3 hours ago
- The National
Plenty of scope for trade between Turkey and Syria, says head of revived business council
Syrian and Turkish business leaders should put aside fears about increasing economic ties, the head of the newly re-established Syria-Turkey Business Council has said. Turkish companies, while looking at huge opportunities in Syria's reconstruction and economic renewal, are concerned about investing in a country with nearly 14 years of civil war behind it, while in Syria there is concern that its neighbour's economic superiority will leave domestic businesses on the sidelines, Syrian businessman Hussam Eddin Tatari told The National in Istanbul. 'These fears are rational, but they are not a reality. As long as we have great areas for mutual benefits, we will work in those areas,' said Mr Tatari, who runs a large textiles factory in the south-eastern Turkish city of Kahramanmaras. 'The scope for mutual benefits is very large but the work needs to be organised, data needs to be gathered and distributed to businesspeople on both sides.' A delegation of dozens of businessmen from Syria, led by Minister of Economy and Industry Mohammed Nidaal Al Shaar, is visiting Turkey as the neighbours seek closer trade and political ties. In a meeting with Syrian and Turkish business leaders in Istanbul, Mr Al Shaar welcomed 'balanced' economic co-operation with Turkey. The relationship should be 'sincere and balanced – the most important thing is that it is balanced,' he said. Mohammed Saud Cheikh Alkar, president of Aleppo's Chamber of Commerce, said he was less concerned than others about Turkey dominating Syria's economy. 'Our people don't want to just be consumers; there can be commercial exchange between us and all countries of the world, including our brotherly neighbour Turkey,' he told The National. 'But we must develop ourselves, and join the global economic cycle.' The Syria-Turkey Business Council was re-established on Tuesday during meetings in Ankara, where Turkish and Syrian officials signed a series of agreements to improve customs procedures, co-operation on industrial zones, and infrastructure reconstruction. Turkish banks are also considering opportunities in Syria, although none has officially began operating there. 'A positive atmosphere is blowing in our economic relations with Syria in the new era,' Turkey's Trade Minister Omer Bolat said in a speech. Turkey is aiming for a modern economic partnership agreement to replace the free trade agreement with Syria, which has been de facto inoperative since the uprising against former dictator Bashar Al Assad began in 2011. Turkey has long supported groups opposed to Mr Al Assad and welcomed his removal into exile in December last year. The two countries aim to increase trade volume in the short term to $5 billion – nearly double the trade volume of $2.6 billion last year, which mostly comprised Turkish exports to opposition-held areas of Syria by land crossings. Turkey was among the first countries to reopen its embassy in Damascus after the fall of Mr Al Assad. Defence Ministry sources in Ankara recently confirmed that they are responding to requests from the Syrian capital to train and equip its new army. This month, Azerbaijani gas began to flow into Syria through Turkey, to power a 1,200-megawatt power plant and improve electricity supply for nearly five million Syrian households. Construction is a key sector of interest for Turkish firms in Syria, given the need for rebuilding infrastructure, factories and homes damaged and destroyed in the conflict, Syrian and Turkish officials said. The estimated cost of reconstruction has varied from $250 billion and $500 billion. Labour intensive industries such as textiles and agriculture are also core targets, according to Mr Tatari. He has no plans to close his textile factory in Turkey, but is rebuilding a plant in Syria that was destroyed in the war. 'My plan is that it will be ready for production by the end of the year,' he told The National. Representatives from Syrian ministries and chambers of commerce said they were keen to draw on the experience of their northern neighbour, whose economy is worth $1.3 trillion and has a large manufacturing base, despite inflation running at 35 per cent. Mr Alkar dismissed concerns that Syria would slip back into cycles of corruption that dominated Syrian industry under Mr Al Assad. 'It needs time to change the corruption that the [former] regime sowed, and which led to the destruction of intellectual structures of our society, which contains a lot of good,' he said.
