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 […]
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 […]
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 […]
ADNOC Distribution board approves $350m interim dividend
ADNOC Distribution’s board of directors has approved an interim dividend of $350m (Dhs1.3bn) for the first six months of 2023, equivalent to 10.3 fils per share. The interim dividend represents […]
One visa for six countries: UAE’s plan for GCC travel
The UAE and other GCC countries are working towards introducing a common visa system that will ease travel and give a boost to regional tourism. The disclosure was made by […]
Alpha Dhabi enters wastewater treatment industry with majority acquisition in Metito Holdings
Alpha Dhabi Holding announced its acquisition of a majority stake in Metito Holdings, a global leader in the water and wastewater treatment industry, as per state news agency WAM. Pending regulatory […]
Dubai Centre for AI: Accelerator Programmes attract hundreds of global startups
Since its launch earlier this year by the Dubai Future Foundation, 615 startups from 55 countries have applied in the Accelerator Programmes of Dubai Centre for Artificial Intelligence’s (DCAI) Thirty […]
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 […]
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 […]
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, […]