AI reshapes UAE’s business strategy, workforce skills
Nearly two-thirds (59 percent) of business leaders in the UAE express their commitment to increasing investments in advanced technology, says...Business
Dubai posts real estate transactions worth $3.5bn in week ending January 19
DUBAI, UAE - The real estate and properties transactions valued at US$3.5 billion (AED13 billion) in total during the week...Business
Arkan launches digital platform
Medical, lab supplies and equipment can be purchase online.The platform provides a user interface for B2B procurement management.
Arkan said the launch in sync with Saudi Arabia Vision 2030.
UAE investing hub despite high starting cost
Starting a business in the Emirates makes a $7,444 hole in the pocket, but world-class infrastructure, excellent connectivity, business-friendly policies and...Having been pegged to the US Dollar since 1973, the AED is favorable to all business firms within the country due to its steadiness.
Saudi businesses in the past had to clear 13 procedures and required to have 1,057 percent of income per capita in the bank before starting a business.
Demand for lithium boosts Tianqi’s net profit
In a boost to China's Tianqi Lithium Corp, one of the world's top lithium producers, it posted its first net...China's Tianqi Lithium Corp posted its first net profit in two years on Sunday
net income was 85.8 million yuan ($13.3 million) for the first half of 2021
Al Seer Marine of IHC lists on ADX
The subsidiary of the International Holding Company has been listed under the ticker ASM.Al Seer Marine, which builds and operates vessels and manages yachts, has total assets of 3.98 billion dirhams ($1 billion)
Al Seer Marine is the sixth IHC Group company to list on the ADX, following the successful listings of Palm Sports, Easylease, Zee Stores, Emirates Stallion Group
Saudi Arabia and Oman pledge to boost trade ties
Saudi Arabia and Oman have pledged to boost trade and economic ties between the two countries, months after the two...Saudi Arabia's Investment Minister Khalid al-Falih was visiting Oman on Sunday to discuss opportunities in both Gulf countries
Saudi Arabia is in the midst of an ambitious economic development plan to wean the economy off oil, while Oman last year introduced measures to boost its finances
EMotorad starts global journey with e-bike launch in UAE
The brand sees UAE as a major platform to showcase its futuristic products globallyThe brand sees UAE as a major platform to showcase its futuristic products globally
EZYTRONIX and EM have joined hands to launch the flagship brand and establish EM products
Fintech creams off most in $2.1bn funding
The fintech sector has attracted nearly 30 percent of all the funding raised during the year, with one in four...Fintech stood out above other sectors on funding volume and value
RedSeer said financial free zones such as the Abu Dhabi Global Market and the Dubai International Financial Center have contributed to this growth
Emirates to provide extra baggage for Lebanon-bound customers
Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well...Customers can avail the additional baggage allowance for travel booked on emirates.com, Emirates sales offices, via travel agents as well as online travel agents
The baggage allowance applies to both inbound and outbound travel from Beirut
All fully vaccinated tourists can travel to UAE
Tourists will have to do a mandatory RTPCR test on arrival, according to the National Emergency Crisis and Disasters Management...Tourists from the countries from which entry was previously banned also eligible for visas.
Facilities available to vaccinated UAE residents can be availed by tourists also.
AmCham Bahrain elects new board
Qays Zu’bi has been re-elected the president for two-year term.The new board is AmCham’s most diverse and representative since its formation in 2005.
40 percent of the Board’s seats are held by women.
