Dubai’s DP World invested $6bn to become supply chain giant
DP World invested more than $6bn to evolve into a comprehensive supply chain player, as the company capitalised on the slow evolution of the supply chain industry to invest in every aspect of the chain, according to CEO, Sultan Ahmed bin Sulayem. Speaking at the 21st Arab Media Forum in Dubai, Bin Sulayem said, “In 2016, […]
Dubai: DMCC launches loyalty programme for member companies
DMCC has announced the launch of ‘DMCC Business Rewards’, a new loyalty programme that offers a range of discounts and benefits to its base of more than 23,000 member companies. New and existing DMCC member companies will be able to earn Business Rewards points on company set-up packages, services, business licensing, referrals, visa renewals, and others. […]
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 […]
BHM Capital enters into partnership with Tawasal SuperApp
BHM Capital Financial Services has entered into a strategic partnership with Tawasal SuperApp, a premier communication and lifestyle application, to grant users access to local and international financial markets. The company said that this association will provide Tawasal SuperApp users with unparalleled access to both local and international financial markets via the BHM Capital Financial […]
Azizi & Hydro Way unite for supply of Italian DAB Pumps
UAE-based Azizi Developments has partnered with Hydro Way for the supply of Italian DAB pumps for Azizi’s Amber and Beach Oasis projects in Al Furjan and Dubai Studio City. Hydro Way is a globally recognized leader in the water technology sector. The Italian-based DAB Pumps has been pioneering in the water pump industry for over […]
ENOC Group opens new service station in Ajman
ENOC Group, a leading integrated global energy player, has opened a new service station in Ajman as part of its expansion plans. In alignment with ENOC Group’s ongoing expansion strategy, the Group opened 184 service stations, 6 compact stations, and 15 Link stations in the UAE during the first half of 2023. The newest service […]
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 […]
Black Cobra & NFFSP collaborate on specialized footwear design & manufacturing
Black Cobra Military Supplies (BCMS), a tactical gear manufacturer based in Abu Dhabi, and the National Factory for Safety and Security Products (NFFSP) have signed a Memorandum of Understanding (MoU) that outlines principles of a collaborative partnership between the two entities in the field of specialized footwear design and manufacturing for the MENA region. Facilitated […]
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 […]
Safe Haven Solutions to build high-tech greenhouse at ADQ’s AgTech Park
ADQ, an Abu Dhabi-based investment and holding company, has partnered with Safe Haven Solutions, a Netherlands-based climate-smart agriculture solution provider, to construct a high-tech greenhouse at ADQ’s AgTech Park in KEZAD. The automated 10-hectare facility will leverage advanced agricultural technology to increase sustainable food production in the UAE. Designed to be sustainability-focused, the greenhouse facility […]