- Licensed companies and small and medium enterprises (SMEs) accounted for 51 per cent of Ajman Free Zone’s total procurement of...
Ajman Free Zone covered 27 per cent of the total purchases and contracts of SMEs alone during the same year.
The Free Zone's procurement policy benefits investors and business owners from more than 165 countries, said Sheikh Ahmed bin Humaid Al Nuaimi, Chairman of AFZ Board.
- "As part of the Steel Week, one-to-one meetings were held with leading players in steel production and logistics industries based...
"One-to-one meetings were held with leading players in steel production and logistics industries based in the UAE," the Indian Ministry of Steel said in a statement
The Indian government has recently launched a flagship scheme for specialty steel called Production-Linked Incentive
- ChequeScore is an app released by the UAE government-owned Al Etihad Credit Bureau, and can predict the possibility of a...
The UAE issued 21 million cheques in 2021, with an average value of $13,900
Despite the recent decriminalization of cheque bounces, UAE businesses must still consider the risks connected with them
- Top crude exporter Saudi Arabia announced a "temporary reduction" in oil output at a facility run by energy giant Aramco...
The Iran-backed Houthis, against whom Saudi Arabia leads a military coalition in Yemen, have repeatedly targeted the kingdom, including Aramco's sites
The latest round of attacks comes after an oil refinery in the Saudi capital Riyadh was targeted on March 10 by a drone, an operation claimed by the Huthis
- Mubadala of the UAE will invest $395 million into CityFibre, Britain’s biggest independent provider of full-fiber broadband infrastructure, according to...
The investment aims to speed up the rollout of CityFibre’s full-fiber lines across the UK
An official announcement from Mubadala or CityFibre could come as early as Monday
- The Ajman Business Women's Council and Umm Al-Moumineen Women's Association in Ajman will now work together to empower women. The...
Ajman Business Women's Council and Umm Al-Moumineen Women's Association signed an MoU to work for women empowerment.
The focus of both the organizations will be on increasing women's contribution to the process of sustainable economic development.
- The company's profit declined to $27.4 million in 2021.
Despite an increase in revenues by 9.2 percent to SR569 million during the same period, profits declined due to cost of revenue and “increase in projects on-hand"
Although profits dropped, the firm's board of directors approved SR1.5 per share as a dividend for the second half of 2021





















