Enterprise Ireland, Dubai Chambers sign MoU
Enterprise Ireland and Dubai Chambers have signed a Memorandum of Understanding (MoU) aimed at unlocking lucrative opportunities for clients of Enterprise Ireland in the UAE. The focus areas will be technology, manufacturing, ESG and clean technologies. The MoU, signed as part of the visit of an Irish delegation led by Ireland’s Minister of State for […]
DME trading volumes surge to 800m barrels in 2023
Dubai Mercantile Exchange (DME), has seen its front-month trading volume in 2023 surge to 800 million barrels, surpassing the 2022 figure of 752 million barrels, and attaining the highest levels since 2018. The premier international energy futures exchange in the Middle East recorded an impressive increase in total volume and physical delivery in 2023 compared […]
Noatum completes Sesé Auto Logistics buy for $88.14m
AD Ports Group has announced that Noatum, which leads its Logistics Cluster operations, successfully closed the acquisition of 100% equity ownership of Sesé Auto Logistics, for an enterprise value of EUR81 million ($88.14 million). The acquisition, which was approved by all relevant European regulators and closed today, solidifies Noatum’s commitment to providing comprehensive solutions across […]
DMCC breaks ground for 2nd phase of Uptown Dubai
Dubai Multi Commodities Centre (DMCC) has broken ground on the second phase of its Uptown Dubai development as it continues to substantially enhance and expand its real estate offering. The groundbreaking comes following the appointment of Swissboring Overseas Piling Corporation for the enabling and foundation works. The second phase of the development will see the […]
Emirates with VFS Global rolls out pre-approved Visa on Arrival for Indians
Emirates has exclusively partnered with VFS Global to introduce a pre-approved visa on arrival facility for Indian passport holders who have booked their travel with the airline. Fulfilled by Dubai Visa Processing Centre (DVPC) and issued as a 14-day single entry visa, the new initiative will enable Emirates customers to skip queues when arriving in […]
Dubai Taxi Company expands eco-friendly vehicle fleet at Dubai Airports
The Dubai Taxi Company (DTC) has expanded its taxi fleet at Dubai Airports by 100 percent, with the addition of 350 new environmentally friendly taxis, effectively doubling its airport service capacity. The expansion aims to enhance the daily mobility of both Dubai residents and visitors and is attributed to the growing influx of passengers and […]
Emirates NBD facilitates Sidara’s 1st Sustainability-Linked Loan
Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has partnered with Sidara, a global collaborative of specialist architecture, engineering and consulting brands, to arrange a $50 million Sustainability Linked Loan (SLL). Aligning Sidara’s financial strategy with its sustainability objectives, this strategic move marks Sidara’s first SLL and […]
Abu Dhabi University & CCIRC unite to elevate research efforts
Abu Dhabi University (ADU) has signed a Memorandum of Understanding (MoU) with the Italy-Czech Republic Chamber of Commerce (CCIRC) in order to elevate research efforts in academia. This partnership will enable joint research collaborations and grant applications with European universities, addressing global challenges, while emphasizing the exchange of academic and scientific materials with these universities. […]
New Brand Identity; Emirates Post Group is now ‘7X’
Emirates Post Group Company (EPG) has unveiled its new brand identity ‘7X’, during an exclusive event at Madinat Jumeirah, Dubai. The unveiling marks a strategic leap for the Group, positioning it as a front-runner in the ever-evolving landscape of global trade, transport, and logistics. The name 7X is symbolizes the connectivity of the seven emirates […]