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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

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Dubai Economy, Golden Radiant help DED licensed traders to widen reach

Dubai achieves top global ranking in attracting Foreign Direct Investment (FDI) projects in the cultural and creative industries in 2022,
  • Traders can digitalize their businesses by using SingleCart App and a complete line-up of the app's features to reach a larger number of consumers.
  • The app is designed to help them handle in-store and online sales seamlessly from their smartphone.

Traders holding Dubai Economy’s DED Trader license can digitalize their businesses by using SingleCart App and a complete line-up of the app’s features to reach a larger number of consumers.

Helping the traders in this is Dubai Economy’s Business Registration & Licensing (BRL) sector, which has partnered with Golden Radiant Corporation, whose SingleCart is a Dubai Technology Entrepreneur Campus-based technology start-up.

The SingleCart POS is a one-stop digital solution for young traders who lack the tools and resources required to adopt digital transformation and market their products.

The app is designed to help them handle in-store and online sales seamlessly from their smartphones, with built-in tools for managing social media marketing and e-commerce-based sales.

“DED Trader Licence holders can now reach the UAE residents and millions of Dubai 2020 Expo visitors directly through the SingleCart App to buy their products wherever they are,” said Abdulla Moosa Al Madani, CEO and Founder of Golden Radiant.

SingleCart Marketplace enables its users to locate nearby DED Trader license holders and learn about their products, services and offers.

Users can either place an order through the app itself or reach out to the traders with the support of Google Map. DED Trader license holders will also have a wide range of options within SingleCart to publicize their products and also leverage the tremendous potential of e-commerce and social media to do so.