DIFC unveils five-year innovation strategy for financial services
Dubai International Financial Centre (DIFC) and Refinitiv have revealed a five-year outlook for innovation in the financial services industry. Following the initial wave of innovation sparked during the pandemic, the global financial services industry continues to see major transformations. Tailored to the evolving preferences and expectations of customers and clients, the high demand for convenient […]
The UAE as the new alternative investment hub
In a globalised financial environment, managing risk has become a paramount focus for Alternative Investment Fund Managers (AIFMs). Regulatory landscapes significantly impact risk management, with rules varying across jurisdictions. While Europe has long been recognised as a hub for AIFs, with Luxembourg as one of the top respected investment destinations, the UAE has emerged as […]
ADNOC Distribution launches 3 service stations in Egypt
ADNOC Distribution , the UAE’s largest fuel and convenience retailer, has inaugurated three ADNOC service stations in Egypt, strategically located in key areas across Greater Cairo to offer a full range of vehicle services to the local communities. The Company plans to open a further six ADNOC service stations nationwide by the end of 2023, […]
Dubai International Chamber opens new office in Milan
Dubai International Chamber has inaugurated a new representative office in Milan to boost trade and investment between Dubai and Italy. The opening of new Dubai International Chamber office further strengthens the chamber’s presence in Europe following the launch of its London office and increases its growing network of international representative offices to 23 worldwide. The […]
DP World to develop Tuna-Tekra Kandla container terminal
DP World , a global leader in supply chain solutions, has signed a concession agreement with India’s Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Tuna-Tekra Kandla in Gujarat. The concession agreement was signed between Mr. S. K. Mehta, Chairman of Deendayal Port Authority and […]
Dubai Chamber of Digital Economy attracts 69 startups in H1 2023
Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, attracted 69 startups to the emirate in the first half of the year, as part of the chamber’s broader strategy to advance the Dubai Economic Agenda (D33). The chamber conducted 12 roadshows in the first half of 2023. It held meetings with […]
UAE to set up world’s 1st national system for carbon credits using blockchain
The UAE Ministry of Climate Change and Environment (MoCCAE), the Industrial Innovation Group (IIG), the world’s leader in the area of security printing, biometric systems and global systems for national and corporate entities, and Venom Foundation, the first crypto foundation licensed in UAE’s ADGM , have signed Memorandum of Understanding (MoU) to establish the world’s […]
UAE’s Hardington Residential inks exclusive contract with Barratt London
UAE-based Hardington Residential has signed an exclusive contract with Barratt London, part of the UK’s largest housebuilder Barratt Group, in order to market the company’s latest London developments to MENA investors. The new partnership, the first of its kind for Barratt London in the region, will capitalize on Hardington Residential’s combined 75 years of real […]
Dubai’s Emireum launches Business Passport to provide holistic facilities to new startups
Emireum Business Services, a Dubai-based investment and business setup advisory, has launched Emireum Business Passport, a unique business startup and loyalty package. The package will give new investors up to $ 2,722.5 in the form of service credits which could be used up for additional services and renewals, as a value addition to their business set-up activities […]
Black Cobra signs MoU with OSTIM to bolster defense & aerospace sectors
Abu Dhabi-based tactical gear manufacturer, Black Cobra Military Supplies (BCMS) has signed a Memorandum of Understanding (MOU) with OSTIM Defense and Aerospace Cluster in Ankara (OSSA), Republic of Turkey, to create significant opportunities for growth and innovation in the defense and aerospace sectors. The MoU further intends to foster advancements in technology and promote cooperation […]