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December 22, 2024

Business Blog

Latest News

EDGE, Indra formalise joint venture ‘PULSE’ to design, manufacture radars in Abu Dhabi

EDGE and Indra Sistemas (Indra), a world-leading information technology and defence systems company with a footprint in over 140 countries worldwide, have reached an agreement …

ACQUISITION

UAE’s ADCB sells NPL portfolio worth $1.1bln to investment funds

UAE’s Abu Dhabi Commercial Bank PJSC  (ADCB) has sold a …

FOOD

Rumailah Farm set to expand across UAE

“Our recent ventures to expand across the UAE are the …

CLIMATE CHANGE

Climate-controlled 93-km cycle track announced for Dubai

Dubai will have a 93-km “climate-controlled” cycle highway called The …

Banking

Mashreq’s 2022 net profit climbs to $1bln as customer deposits rise

  Mashreq, a leading Dubai-based lender, on Monday reported a …

AUTOMOTIVE

RTA to tow, impound vehicles found violating traffic rules

The Roads and Transport Authority (RTA) of Dubai on Monday …

business gate

Sharjah Shopping Promotions ends with over $54mln sales

The Sharjah Shopping Promotions, organized by the Sharjah Chamber of …

ACQUISITION

Vertiv inaugurates new factory in Ras Al Khaimah

Vertiv, a global provider of critical digital infrastructure and continuity …

CONSTRUCTION

Ellington Properties, DMCC to launch $327mln residential project in Dubai

  Dubai-based boutique developerEllington Properties and Dubai Multi Commodities Centre (DMCC) …

ADNOC

UAE’s ADNOC to pilot carbon mineralising project in Fujairah

  Abu Dhabi National Oil Company (ADNOC) has partnered with …

business gate

Dubai rents to rise further in 2023 due to strong demand, limited supply

    Property investors in Dubai can expect higher rental …

business gate

Dubai Financial Services Authority unveils business plan for 2023-24

 Dubai Financial Services Authority (DFSA) has unveiled its Business Plan …

business gate

Saudi Alsaif Gallery inaugurates first branch in Abu Dhabi

  Al Saif Stores for Development and Investment Company (Alsaif …