Search Site

Trends banner

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

Emirati, Iraqi private sectors to benefit from Ma’an initiative

Ma'an initiative will strengthen private sectors in Iraq and UAE. (WAM)
  • It was launched by the Federation of UAE Chambers of Commerce and Industry (FCCI) and the International Development Bank (IDB)-UAE have launched Ma'an (Together).
  • The name "Ma’an" signifies the deep historical ties between the UAE and Iraq, especially in trade and business, the Chambers said.

Sharjah, UAE — The Federation of UAE Chambers of Commerce and Industry (FCCI) and the International Development Bank (IDB)-UAE have launched Ma’an (Together) initiative to strengthen Emirati and Iraqi private sectors.

The two entities aim to achieve this by using Ma’an to encourage private sector businesses to broaden their operations by creating a platform to enhance mutual relationships, increase cooperation opportunities, and facilitate the exchange of experiences and knowledge across various financial and investment fields with Iraq.

The name “Ma’an” signifies the deep historical ties between the UAE and Iraq, especially in trade and business, and represents a joint journey towards forging unique and sustainable partnerships by seizing the best investment opportunities, the Chamber said in a statement.

The signatories of this partnership agreement were Humaid Mohamed Ben Salem, Secretary General of the Federation of UAE Chambers, and Dr. Ziad Khalaf, Chairman of the International Development Bank.

Abdullah Sultan Al Owais, Vice Chairman of FCCI and Chairman of the Sharjah Chamber of Commerce and Industry (SCCI) said the initiative bolsters support for the business community and its various sectors across both countries.