Khalifa Fund & Al Mushrif Coop unite to support entrepreneurs

Khalifa Fund for Enterprise Development and Al Mushrif Cooperative Society (Al Mushrif Coop) have entered into a groundbreaking partnership aimed at providing support to aspiring entrepreneurs and business owners in the region. The collaboration offers comprehensive benefits designed to empower businesses and foster economic growth. Entrepreneurs stand to gain substantial advantages through this strategic partnership. […]

UAE, Kosovo approve visa-free entry for citizens

The UAE and Kosovo have inked a memorandum of understanding on the mutual exemption of visa requirements for holders of ordinary, diplomatic, special, and mission passports. In line with the agreement, UAE citizens with valid passports (for at least six months) are exempt from the visa requirement for entry into Kosovo. They can stay in […]

DIFC & Guernsey Finance unite to unlock sustainable opportunities

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has joined forces with Guernsey Finance, a joint industry and government initiative established to promote Guernsey’s financial services sector internationally, to foster growth and innovation in a continued effort to drive the future of finance. […]

Dubai’s Parkin names RTA veteran as new CEO

Dubai’s newest public joint stock company, Parkin, now officially has a CEO, according to a statement released on Tuesday. Parkin’s Chairman, Ahmed Hashem Bahrozyan, announced that Mohamed Al Ali, a veteran of the Dubai Roads and Transport Authority (RTA), is Parkin’s new CEO. The move to appoint Ali comes after Sheikh Mohammed bin Rashid Al Maktoum, Vice President […]

Triparty deal to install 48 Biohuts in Khalifa Port

AD Ports Group, a leading facilitator of global trade, logistics, and industry, CMA CGM Group, a global player in maritime, land, air and logistics solutions, and Ecocean, an innovative company serving aquatic biodiversity, have signed a scientific cooperation framework agreement that will see the installation of 48 Biohuts in Khalifa Port. Designed to restore biodiversity […]

UAE economy to grow by 5% in 2024, says S&P Global

The UAE’s gross domestic product (GDP) is projected to grow by 5 per cent in 2024, exceeding the 2.8 per cent growth forecast for the global economy, according to S&P Global estimates. “While the global economy remained subdued operating at subpar growth levels, we estimate that UAE GDP expanded at more than 3 per cent in 2023, […]