Madinah on list of top five regions for e-commerce records
Madinah, Saudi Arabia -- The number of existing electronic-commerce records in Madinah reached 1,834 during the 4th quarter of 2023,...Business
Global maritime trade sails into geopolitical storm
Most large international shipping companies have decided to reroute trading to avoid the Red Sea and Suez Canal through which...Business Economy
US Pavilion to inspire ‘spirit of freedom’: Commissioner General
Robert Clark praised the UAE for transforming “the sands of the desert into a thriving World’s Fair site, complete with...Robert Clark praised the UAE for transforming “the sands of the desert into a thriving World’s Fair site, complete with spaces for 192 nations to connect
Clark added that the USA Pavilion will welcome millions in-person and online
Kuwait Expo 2020 pavilion will be ‘biggest’ in terms of size and activities, says director
DUBAI: Kuwait's participation at Expo 2020 Dubai is "biggest" in terms of pavilion size and range of activities, the pavilion's...The Kuwaiti pavilion, which has been designed to resemble water tower structures commonly found in the country, is constructed on an area of over 5,500 square meters.
A total 200 government and private bodies representing diverse sectors are set to contribute to the booth over the coming six months.
Digital transformation helps GCC banks prosper
Digital transformation brought about by COVID-19 has made banks more open to branchless and cashless banking enabling them to perform...Tech adoption amidst COVID-19 makes regional banks more open to branchless and cashless banking enabling them to manage better in H1 2021 than they did in 2020
The margins of the regional banks were under pressure throughout 2020 and early this year, but they managed to stay afloat by reducing costs and improving efficiency
Dubai records weeklong real estate transactions worth $1.6 billion
DUBAI: Dubai has recorded 1,592 real estate and properties transactions worth AED6 billion ($1.6 billion) in total during the week...A plot of land in Al Thanayah Fourth sold for AED59.5 million and an apartment for AED373 million in Marsa Dubai.
Al Yufrah 3 recorded the most transactions for this week with 17 sales transactions worth AED15.66 million.
Breathtaking start of Expo 2020 Dubai
Dubai opened its extravagant Expo 2020 on Thursday with a flashy ceremony boasting fireworks and lights displays as it attempts...The event kicks off a six-month world fair attended by more than 190 countries
The Expo venue is alive with music, dance, drama and projections with its star-studded opening ceremony
Ajman Chamber reduces membership registration fee by 50 percent
DUBAI: A 50 percent reduction in the membership registration fees in the Ajman Chamber of Commerce and Industry for new...The offer is valid only if the registration request is submitted between Oct 1 and March 31.
The decision comes into force from October 1.
Expo 2020 launches official visitor app and business-focused app
Expo 2020 Dubai has launched its official visitor app and a business-focused app.The official Expo 2020 app allows users to tailor their visit to the event, matching individual interests to create a personal schedule
The Expo 2020 Business App matches users with similar interests and objectives among the business community
Qatar to hold its first-ever Formula One Grand Prix
The race will take place at the Losail International Circuit north of Doha on November 21 and will form the...The Australian GP, traditionally a season-opener, was moved towards the end of the season but was canceled for a second year running.
Qatar has also signed a 10-year deal to host Formula One from 2023.
East Pipes Integrated plans IPO
The Saudi Arabia-based company gets approval to float 6.3 million shares.The offering will be limited to qualified investors, who should conduct their own due diligence on the information disclosed in the company’s prospectus
6.3 million shares to be floated as the measure has been approved by Saudi Arabia’s Capital Market Authority
EDB to push Ajman growth
The EDB-Ajman MoU is in line with the Make it in the Emirates Campaign.Under the terms of the agreement, EDB will support SMEs registered at Ajman Free Zone, in line with its applicable policies and procedures
In addition, the companies operating in the free zone will be given access to the bank’s key programs, financing solutions, and other facilities
