His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, is leading the UAE delegation to the St. Petersburg International Economic Forum (SPIEF 2023) in Russia.
The UAE is taking part in the four-day event as a 'Guest of Honour', with Sheikh Saud attending on behalf of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan.
He will attend the plenary session involving heads of state and government, senior officials, business leaders, experts and representatives of regional and international economic organisations.
The UAE delegation includes representatives of a number of ministries, institutions, government agencies and major companies in the public and private sectors.
Over the last 24 years, the Forum has become a leading global platform for members of the business community to meet and discuss key economic issues.
More than 1,000 economists from over 80 countries are participating in the latest edition, which runs from June 14-17.
British luxury carmaker Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
Salik has renewed its tolling technology contract for Dubai's road toll system with US company TransCore for another five years, extending a partnership that dates back to 2006.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
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