Dubai SME joins hands with CXDA to attract investment
DUBAI, UAE – The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a part of Dubai...Business Economy
Qatar PMI data reveals ‘stable business conditions’ in non-energy sector
Doha, Qatar--Qatar's non-energy private sector registered broadly stable business conditions in December, the latest Purchasing Managers Index (PMI) survey data...Business
Saudi insurance merger to create massive investment fund
The merger will create cost savings of tens of millions of riyals GOSI and the PPA are major investors in...
Dubai real estate records $2.9b investment in May 2021
11,387 new investors enter the market, comprising 66 percent of total registered investors since the beginning of 2021 Hadaeq Sheikh...
Danube Group chairman hails UAE investor environment
Sajan says UAE provides incentives and legislations that encourage investment and commerce Thanks UAE leadership for amending federal laws regulating...
Aramco disburses in full international trust certificates for $6 billion sukuk
The company issued 30,000 sukuk with a par value of $200,000 each The sale, launched on June 9, was Aramco’s...
Payment24 introduces ‘vehicle biometrics’ to fast track refueling
Payment24’s FastLane identifies any vehicle enrolled in the system as it drives into the forecourt It allows petroleum companies and...
Morgan Stanley alum to raise $600 m for clean energy funds
Founded by Ahmad Atwan, VC Fuel intends to raise $100m for debut venture fund and seek $500m for an infrastructure...
Emirates ramps up operations over summer to serve strong travel demand
Airline will operate flights to 124 destinations in July, close to 90% of pre-pandemic network Expands A380 network to 15...
Bananas with GI tag from India shipped to Dubai
20,000 metric tons of Jalgaon Banana, grown in the Maharashtra state of India, exported to Dubai Fibre-rich fruit is grown...
RELEX to service Majid Al Futtaim Carrefour stores
RELEX servicing will be initially rolled out to stores in the UAE and then extended to other areas The partnership...
UAE Central Bank ups overnight rates, hours after US Fed raised interest
Central banks in the GCC mimic the US Fed's moves due to the peg of their currencies to the US...
