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September 19, 2024

Business Blog

Latest News

Fujairah Ruler: Under Mohamed bin Zayed, our future is in safe hands

His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, affirmed that everything the UAE has achieved and continues to …

ACQUISITION

ADNOC ‘in talks’ to acquire or invest in energy trader Gunvor Group – report

Abu Dhabi National Oil Company (ADNOC) is reportedly looking for …

BLOCKCHAIN

Feriglobe records block trading deal of $101.08mln

    The Abu Dhabi Securities Exchange (ADX) announced a …

ENERGY

ARIA Commodities launches 4 projects worth $42mln in HFZA

  ARIA Commodities, a leading player in the field of …

GCC COUNTRIES

MBC Group inaugurates new headquarters in Riyadh

  MBC Group, the Middle East region’s largest multimedia conglomerate, …

Government

UAE health ministry inks partnership deal with Mediclinic Middle East

  The Ministry of Health and Prevention (MoHAP) has signed …

COMMODITIES

ARIA Commodities announces $42mln investment projects in Hamriyah Free Zone

ARIA Commodities, the market specialist in the field of asphalt …

DIPLOMACY

Abdullah bin Zayed visits Israel’s Technion University

 H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign …

AIRLINES

Dubai’s Emirates enters codeshare deal with US flag carrier United Airlines

Dubai’s long-haul operator Emirates Airline has entered a deal with …

EGYPT

Memphis Pharmaceutical’s approves loan from ADIB to settle $15.83mln debt

  The board of directors of Memphis Pharmaceutical (MPCI) approved …

Banking

UAE: Collaboration, not competition, creates wins for neobanks, say CEOs

  Digital banking apps are shaking things up and introducing …

FINTECH

Abu Dhabi cloud kitchen start-up The Cloud raises $10mln

UAE-based cloud kitchen start-up, The Cloud, has secured $10 million …

DIPLOMACY

Bahrain and UAE review security co-ordination

  Public Security chief Lieutenant General Tariq Al Hassan chaired …